Is ethereum mining dead – Analysis of how profit and ethereum mining work

BBT Carter goes through the basics of how hashrate matters just as much as price in most instances. The recent downtick in effective hashrate is showing signs of ethereum trying to reach a profitable equilibrium with the continued price decrease for the ethereum token.

Image Credits: http://www.bldgblog.com/2013/04/bingham-landslide/

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Is ethereum mining dead – Analysis of how profit and ethereum mining work

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Kane Dane