Mining is not profitable right now (According to hashflare)

in bitcoin •  6 years ago 

Because of the current market situation, with the latest spike of mining difficulty exceeding 14% (https://bitcoinwisdom.com/bitcoin/difficulty), while the price of Bitcoin continues to decline, the payout was lower than the maintenance fee, which resulted in the balance not increasing and remaining the same. bitcoinmsn3-768x384.jpg
This is the report of hashflare. At present hashflare cannot pay anything to the buyers of hashing power then what could we do. If anyone have option then please comment on the comment section. I hope we find solution as soon as possible

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Mining is very good & profitable if you do not sale generated coins in near future.
If you can hold your coins only for one year it can give you handsome return.

You got a 4.27% upvote from @emperorofnaps courtesy of @arjung216!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!