And the question everyone wants answers to is - how profitable will Bitcoin be in 2020? Bitcoin talk in the mainstream press Bloomberg published an article on December 31 stating that BTC had ... The first Bitcoin mining pool, Slush Pool, was announced in November 2010, and, by December 13, 2010, Satoshi Nakamoto had posted for the last time on BitcoinTalk.org. Justin O'Connell As the Bitcoin (BTC) price is reaching its highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors. According to data from Blockchain.com, BTC miner revenue has soared to levels not seen since Bitcoin’s third halving in May 2020, which reduced the miner block reward from 12.5 BTC to 6.25 BTC. On or around May 13, BTC will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. All Bitcoin News; Election Day Retrospective: Looking Back At The Bitcoin... Today is Election Day and with it (hopefully) arrives the outcome of one of the most pivotal and polarizing Presidential showdowns in history. It also marks the third election since... Tony Spilotro 27 mins ago; Bitcoin Analyst Who Predicted Bull Trap at $14K Says $12K... Bitcoin is undergoing a short-term trend ... Bitcoin investors grow concerned over the US election. Historical data shows that BTC may be unaffected by the results. Even though the technicals Binance is currently the world’s largest crypto exchange, with a daily trading volume of over 2 billion US dollars and that although the company has been offering cryptocurrencies trading for just 8 months. Those who compare the financial figures with those of Deutsche Bank see how profitable the crypto trading can be at present. Deutsche Bank The world is in the middle of a second gold rush -- but it's not gold they're mining today. It's Bitcoin and other cryptocurrencies, ones and zeroes that are being turned into pure profit. Around ... 2020 has been a rollercoaster year for Bitcoin. The lockdowns caused by the coronavirus pandemic earlier in the year pushed the crypto lower by almost 60 percent. Its crash shortly followed an equally aggressive rebound that took its price up by 220 percent. It is safe to say that Bitcoin is sitting in a profitable position so far into the year ... Previous bitcoin halvings from 2012 and 2016 did not see price peaks until late the following years with 2017 being the most recent. The report added that there is not enough evidence that the 2012 halving caused the 2013 rally and that the 2016 one was responsible for the 2017 peak which was largely driven by an ICO boom.
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