Bitcoin Mining Not Profitable? - Hashflare Stops BTC Cloud Mining Contracts

2년 전


It has been some rough times for cryptocurrency miners. As the prices of crypto been dropping, miners were reluctant to switch off their gear even when mining at a loss.

Hashflare recently sent out an email saying that they are stopping BTC mining contracts because they are unprofitable.

Even as the prices start to recover a bit, it seems that mining profitability is still very low and it's very likely that there are plenty of miners running at a deficit hoping for better times.

My analysis of cloud mining contracts:

My video is at DLive

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