Kingz
New member
Miners can profit if the price of the bitcoin exceeds the cost to mine them. The recent changes in mining devices and technology and the creation of professional minning centers with enormous computing power, as well as the shifting price of bitcoin itself , has shifted the incentives and landscape for mining. Bitcoin mining is the process of earning bitcoins in exchange for running the verification process to validate bitcoin transactions.. There are a lot of factors that determine whether bitcoin mining is a profitable venture. This include the mining difficulty .. Difficulty is measured in hashes per second of the bitcoin validation transaction..
