So Harvey, one of my viewers had a great question "How much do you think Bitcoin needs to be worth around the next halving in 2020 in order for bitcoin mining to remain profitable?" in one of the comments so I decided to make a video. But just to be clear I do believe it needs to be about $20,000 per Bitcoin on the low side but it could be as high as $60,000 on the high side, depending on quite a few different factors.
Make sure to subscribe to my channel, there's a lot more to come and you don't want to miss it. It only takes a second
Bitcoin & Cryptocurrency Consulting
Need help or just want to talk about cryptocurrency? Email me at: TheBitcoinMinerNC AT gmail DOT com (0.02 BTC an hour)
Follow BitcoinMinerNC on Twitter here: https://twitter.com/BitcoinMinerNC
6 GPU Hardware Part List
Sapphire Radeon NITRO+ RX 480 8GB OC :
http://amzn.to/2cFy8Px
OEM version of Windows 10 professional for $25:
http://www.kinguin.net/r/Win10ProOEM
ASRock H97 Anniversary LGA 1150 Intel Motherboard: http://amzn.to/2cl9G48
Arctic Silver 5 AS5-3.5G Thermal Paste:
http://amzn.to/2cmxNSH
EVGA SuperNOVA 1600 G2 80+ GOLD:
http://amzn.to/28WDEvn
PC Case Mainboard Power on/off Push Button Switch Connector Cable 5pcs: http://amzn.to/2bZQH0y
6-Pack PCI-E 16x to 1x Powered Riser Adapter Card
http://amzn.to/2cmyc7u
Corsair Vengeance 8GB (2x4GB) DDR3:
http://amzn.to/2cmxSWH
Kingston Digital 120GB SSD:
http://amzn.to/2bZSJxH
Intel Celeron G1840 Processor:
http://amzn.to/2bJ4N7F
Bitcoin Mining Hardware
Antminer S7: http://amzn.to/1mGxV0K
(new) Antminer S9: http://amzn.to/2dSFk9v
(new) Antminer R4: http://amzn.to/2dJpu1H
(I use this one) EVGA SuperNOVA 1600 T2 80+ TITANIUM:
http://amzn.to/1mGxRho
EVGA SuperNOVA 1600 G2 80+ GOLD:
http://amzn.to/28WDEvn
(Must have 240v) AntMiner APW3-12-1600 PSU Series 1600W:
http://amzn.to/28R2VW5
APW5 1300W-2600W Quiet Power Supply:
http://amzn.to/2dVDB7w
Free Bitcoin Wallet from Coinbase: https://www.coinbase.com/join/TheBitcoinMiner
Sign up and buy $100 of bitcoin or more, and we'll both earn $10 of free bitcoin!
► Watch on DTube
► Watch Source (IPFS)
60000 is just 13 times more than 4500. Bitcoin have historically increased 10 fold in months.
Since 2009 price is doubling roughly in every 7 month. By the end of 2020 the price should be about $148000 by using this growth rate. Calculation details in https://steemit.com/bitcoin/@jomeszaros/bitcoin-price-analysis-and-forecast-using-pure-mathematics-on-logarithmic-scale
When Bitcoin value will soar to that level, everybody will dance in cheers. Waiting for that day.
I wish the was a cryptocurrency for dummies book
Congratulations @rozo! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPi am upvoted and reply your post plz visit me
upvoted,reply,follow and resteem when you work in steemit thanks alot,
my id = https://steemit.com/@pranashroy