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How active is bitcoin?

by yogdsf - 19 October, 2020 - 08:23 PM
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#1
Hey guys!

I am wondering about this bitcoin stuff.
Is it still very active? I know the market value crashed a while ago. Is mining still profitable?

With kind regards.
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BTC is very active, the value seems to soar towards $19.000 yet again which is great for traders. If I were you I would forget about mining, it is not worth it and requires far too much investment and administration.
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(This post was last modified: 26 November, 2020 - 03:34 PM by nutcracker1.)
Mining bitcoin ceased to be profitable but it still has good value. I consider trading to be the best option to earn it. I saw the rates rising lately though so mining could be actual once again. The prices for hardware needed for a mining farm are still too high to safely invest in my opinion. I am thinking about saving a large amount of money and open a crypto savings account afterwards. I think I'll do this in the end as anyway you put it, cryptocurrencies are still the money of the future.
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Look at the hashrate of the network. The price has just about doubled in less than two months.
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(24 November, 2020 - 03:41 PM)nutcracker1 Wrote: Show More
Mining bitcoin ceased to be profitable but it still has good value. I consider trading to be the best option to earn it. I saw the rates rising lately though so mining could be actual once again. The prices for hardware needed for a mining farm are still too high to safely invest in my opinion. I am thinking about saving a large amount of money and open a crypto savings account afterwards. I think I'll do this in the end as anyway you put it, cryptocurrencies are still the money of the future.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->Could you tell me some more information about it? Let’s talk in PM

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