Bitcoin is accepted as payment for several goods and services. Many people find it difficult to convert Bitcoin to the regular currency applicable in the given marketplace. All you have to do is insert your desired amount in our converter tool, and the rest of the work is done by Rubix. We can easily convert […]
Category Archives: Bitcoin News
The year 2021 has been a whirlwind for the flagship cryptocurrency, Bitcoin. The pairing, BTCUSD started the year with strong momentum, having already broken above the 2017 highs. The bullish pressure sustained for the entire first quarter of 2021, and Bitcoin managed to print its all-time high of around $65,000. Also known as the ‘greenback’, […]
Also, change the level of difficulty to see how that affects the analysis. Determine at what price level Bitcoin mining becomes profitable for you—that is, your break-even price. Still, models are estimates and will not be severely impacted by entering roughly calculations or estimated inputs. After all, every miner produces bitcoin at slightly different costs […]
The Ethereum platform can support ether as well as a network. This mining calculator will display your expected earnings in both Ether and Dollars. The calculations are based on the assumption that all conditions remain as they are below and does NOT take into consideration the uncle block rewards. Professional miners track the Ethereum network […]
Cryptocurrency notoriously devours electricity; each Bitcoin transaction consumes 1,173 kilowatts—more than the average American uses in a month. In 2020, the world’s crypto mining required more energy than the whole of Switzerland. At the time, Plattsburgh had some of the least expensive power anywhere in the United States, thanks to cheap hydroelectricity from the Niagara […]
This is likely to decline as Bitcoin continues to see greater mainstream adoption, but the future is uncertain. The definition of value in a currency has changed over centuries from physical attributes to the velocity of its use in an economy. 2021 Yearly Cryptocurrency Report 2021 is the tipping point of wider crypto adoption as […]