Citing BlockBeats, on November 28, Bitfinex analysts noted that individual Bitcoin miners are reentering the market despite rising costs and competition. The trend is supported by improved mining pool technologies like CKPool, which offer low latency and are miner-friendly. Factors such as the adoption of efficient, low-cost ASICs, load-shifting strategies, heat recovery, and firmware like BraiinsOS, which allows miners to optimize efficiency, are also contributing. Social media is amplifying the visibility of individual miners' successes, such as one miner who mined a block within a month of deploying their equipment. Bitfinex added that if large miners exit, mid-sized industrial miners may become the new main players, while individual and hobbyist miners remain far behind in capacity.
Bitfinex Analyst: Individual Bitcoin Miners Reenter Market Amid Pool Tech Improvements
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.