Mining Ethereum: Going up Against the Falling Market
When the cryptocurrency rate drops against the dollar, the profitability of mining begins to fall. Then given the heavy electricity costs, at some point, it becomes unprofitable to mine and you start operating in the red zone. But some miners continue their work, in the hope that tomorrow the rate of crypto will start growing.
IBM: Blockchain Will Disrupt the Auto Industry within 3 Years
The advantages blockchain can offer to the automotive ecosystem have caught the attention of auto executives — now strongly believing in its potential. According to a report carried out by the IBM Institute for Business Value, 62% of auto executives believe blockchain will be a disruptive force in the industry by 2021.
France Wants to Invest €500M in Blockchain but Will it Happen?
Members of the French parliament have put forward an initiative to invest 500 million euros in the development of the country's blockchain ecosystem. Сo-rapporteur of the report for the recommendation, Jean-Michel Mis, claims "2018 was the zero year for the popularization of the blockchain in France."
Weiss Ratings: It's Time to Buy Bitcoin
Analysts from the independent rating agency Weiss Ratings believe now is the perfect time to buy bitcoin. The cryptocurrency price has dropped significantly from its all-time high nearly $20,000 almost a year ago.
At 17:00 (GMT) total cryptocurrency market capitalization stands at $108.9 billion
Dentacoin (+21.84%) showed the best growth in the top-100
Market Dynamics The trading volume of cryptocurrencies for 24 hours reached $10.7 (-1.8 billion per day)
Mining Profitability
- BTC $1,6 for 10 TH/s ↗️
- ETH $0,1 for 10 MH/s ⏸
- BCH $0,16 for 1 TH/s ↘️
- LTC $2,26 for 1 GH/s ↗️
- DASH $0,03 for 1 GH/s ↘️
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