Bitcoin mining is no longer profitable

Whether it is from me to participate in a little Schadenfrede … in fact, no. I really enjoy this, as a person needs a new graphics card at the end of the tail of the epidemic. Reports indicate that bitcoin mining (that is, an attempt to convert electricity and mathematics into funds) is no longer profitable. I cry for me a strange river.

This is a complicated story, but the basic equation is that it now costs a lot of electricity to “mining” with one bitcoin more than the value of bitcoin that you currently deserve – thanks to a large margin. because of Bitcoin protocol natureWhich started the best part of two decades ago, it was imperative that we eventually reach this point. A group of bitcoin currencies is shrinking more than that where more is extracted, and as it happens, the necessary encryption work becomes “finding” new offers more difficult.

Coinshares, by reports from OverLockers.ru and PcgamerReports that we have now overcome this point – in the past, in fact. Mathematics says that the new bitcoin mining in 2025 costs about $ 137,000 in electricity, even if you have a computer power (expensive) to do so, while bitcoin value is about 95,000 dollars in the open market. Even at its highest level ever, more than $ 100,000 earlier this year, assuming the ideal conditions with energy access and cheap devices, it is a losing game.

This does not mean that the cryptocurrency is suddenly a failed market, as (it can be said) has become a relevant NFT space. You can still try to earn money by extracting alternative cryptocurrencies, or simply trading in current currencies and trying to get rid of fluctuations. But it seems that the days of sinking of many cash in strong graphics cards and allowing them to rotate electricity to digital gold have ended.

Oh, no. anyway…

PC players have many reasons for falling into mine workers in encryption, who have received every strong graphics card for years to strive to jump in the cryptocurrency train and then sent the graphics processing unit prices. The artificial intelligence industry is the latest goal to dump the player, as it seems Do the same to a large extentAlthough it is chasing the investor money instead of trying to make it more direct.