π€ Why Don't Bitcoin Miners Quit After the Halving?
Every 210,000 blocks, Bitcoin's block subsidy is cut in half. In 2024, it dropped from 6.25 BTC to 3.125 BTC. Yet miners continue operating, buying new ASIC miners, and developing mining infrastructure.
What's the point if the reward keeps getting smaller?
The answer lies in mining economics: electricity costs, hardware efficiency, network difficulty, and Bitcoin's price.
In our latest Quora article, we explain why halving changes the rules of the game but doesn't mean the end of Bitcoin mining.
β€οΈ Read our answer on Quora.
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Every 210,000 blocks, Bitcoin's block subsidy is cut in half. In 2024, it dropped from 6.25 BTC to 3.125 BTC. Yet miners continue operating, buying new ASIC miners, and developing mining infrastructure.
What's the point if the reward keeps getting smaller?
The answer lies in mining economics: electricity costs, hardware efficiency, network difficulty, and Bitcoin's price.
In our latest Quora article, we explain why halving changes the rules of the game but doesn't mean the end of Bitcoin mining.
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Some decisions don't age well. π
Mine BTC with ECOS!
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270 TH/s is serious computing power β how much BTC can it generate in a day or a month? Let's calculate using a specific example! We'll take into account the network hashrate, block reward, Bitcoin price, and electricity costs.
By the way, the Antminer S21 XP with 270 TH/s is currently available at ECOS through the Try Before Buy (TBB) program: you can try mining for free for 30 days!
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We're used to transferring money in seconds through banking apps. But why does Bitcoin use powerful ASICs and enormous computing resources to confirm transactions?
It's not just about mining new coins! Mining plays an important role in the security of the entire Bitcoin network.
How exactly does this system work, and what happens if miners stop working? We explored these questions in our new Quora publication!
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Tomorrow, we'll be hosting another mining contract auction on our Telegram channel.
π₯ This time, we're offering a $750 mining contract with a starting bid of just $100!
The final price is determined entirely by the participants. No hidden conditions β just live bidding, complete transparency, and a chance to purchase a mining contract well below its face value.
π See you in our Telegram channel!
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Use X10FREE when purchasing ECOS mining contracts worth $250+ and get 10% more hashrate!
Choose your contract and start mining with extra power.
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15 major mining industry players have backed Tether's Mining Development Kit (MDK), an open-source platform designed to simplify ASIC management and enable AI-powered automation.
Could smarter software reduce downtime, optimize electricity consumption, and make Bitcoin mining more efficient?
Explore what MDK means for the future of mining in our new article!
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The long-awaited ECOS AUCTION kicks off in just half an hour. Join now before the first bids start flying.
βοΈItβs simple:
β Live bidding only
β Real discounts only
β You decide how much your entry into BTC mining will cost
One lot is on the line β and you wonβt find them cheaper anywhere on the open market: $750 β Hash Booster.
π₯The winner is the one who places the final bid!
β° Starts in just 30 minutes
π Right here in our Telegram
Turn on notifications and get ready β the battle for below-market mining contracts is about to begin.
Will you join or watch others grab the best deals?
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Updated hashrate and a unique starting price β this lot is your chance to get an ECOS mining contract on your own terms!
πΉNominal Value: $750
πΉHashrate: 160 TH/s
πΉTerm: 60 months
πΉStarting Price: $100
πΉMinimum Bid Increment: +$50
πΉRule: 5 minutes of silence = victory.
WRITE YOUR BID IN THE COMMENTS
β οΈ IMPORTANT! Beware of scammers!
Right after the auction ends, scammers may contact you pretending to be ECOS.
π¨REMEMBER: ECOS team members will NEVER send you a direct message first on Telegram!
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In the crypto community, October has long been nicknamed Uptober β a combination of the words Up and October. And for good reason! Historically, Bitcoin has often ended this month with gains.
For example, in October 2021, BTC rose by more than 40%, and in 2023 β by almost 29%!
But does this pattern always hold true? And what has happened to Bitcoin over the past five years?
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