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BCB060_WHIT GIBBS: Weathering BTC Bear Markets & The Decentralization of Mining

Blue Collar Bitcoin

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Is Home Mining a Good Idea?

Home miners can buy machines through compass and ship them to their home. Kelly: Even at these prices, those people who are purchasing large orders, the majority of them are mining profitably. He says if bit coin's price stays where it is and profitability keeps dropping, we're going to see older generation machines start to fall on the network. "I think that this is just the way for people who want to participate in bit coins," he says.

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