Is ethereum mining dead – Analysis of how profit and ethereum mining work

BBT Carter goes through the basics of how hashrate matters just as much as price in most instances. The recent downtick in effective hashrate is showing signs of ethereum trying to reach a profitable equilibrium with the continued price decrease for the ethereum token.

Online tool used in video: https://etherscan.io/ether-mining-calculator

Ethereum Hashrate: https://etherscan.io/chart/hashrate

Image Credits: http://www.bldgblog.com/2013/04/bingham-landslide/

=========================
Latest Render machine build:

ASUS ROG Zenith Extreme x399 – https://amzn.to/2wldQmM
AMD Ryzen 2990WX – https://amzn.to/2o49axV
64GB G.Skill TridentZ PC3200 DDR4 – https://amzn.to/2wpcZlb
Samsung 1TB NVME 970 Pro – https://amzn.to/2Pv9T81
EVGA Titan V – https://amzn.to/2wpdk7r
EVGA Supernova 1000 P2 – https://amzn.to/2N93pKe
Corsair Case 570x – https://amzn.to/2Ngt2Jn
Enermax LIQTech TR4 – https://amzn.to/2ML5fUS

For more content and items used at the farm visit us on bitsbetrippin.io under shop

Links above are Amazon Affiliate

FOLLOW US ON TWITTER @bitsbetrippin
FOLLOW US ON TWITCH.TV by searching bitsbetrippin

For more regular streams on both YouTube and Twitch!

Also visit us at www.bitsbetrippin.io and click store for any goods/items you need in the space!
==================================================

We are not a fly by night channel, have been serving the space since early 2013!

Paypal: paypal.me/bitsbetrippin

You can donate to any of the address below for the particular cryptocurrency:

Ravencoin = RMR8YEZr1BQ3FVhfXmxvNZ9ErSdDgcwvcj
Bitcoin = 1QHADdYwmMgVoaYqqY3SE8ummr4euHqzUv
Litecoin = LVemKU6GTccpCSaLp4JwXPXbDT1RBbDWbQ
Ethereum = 0xF897EaFdb787AcD4Da5e2EB5003E42dc1Ef86d39
Ethereum Classic = 0x89b455cfd5adb8ba4a69fd6bd082b3d61efe160f
Dash = Xrk5429K5GUHkQJkDcUQ1ZtwSGwwRstxK4
Doge = DJeTVqyNVsd493iyWzbuUM11xDwsRAtzLy
Zcash = t1KgQi4aAKJYh6QJ1rFxczWv9gqdtXPDYKh

==================================================
Want to join coinbase? Click link below to be like a BOSS
https://www.coinbase.com/join/528aa7ec0ddfbab53f000003
==================================================
visit us at www.bitsbetrippin.com
contact us at bitsbetrippin@gmail.com