Bitcoin & Cryptocurrency Mining Industry - May 2020 Update

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Bitcoin & Cryptocurrency Mining Industry - May 2020 Update
I hope everyone enjoys this month's Bitcoin halving special edition of our cryptocurrency mining update! We will be diving in to all the latest happenings from the Bitcoin & cryptocurrency mining industry. We will look at all a range of keys metrics from a variety of protocols with a particular focus on Bitcoin & what other cryptocurrencies are profitable to mine. Each month we will check on what hash rate is doing, what coins are profitable to mine for each type of hardware or machine, what news is shaping the crypto mining sector & how mining can help us determine the direction of the market. Join Will from Mining Store & I to chat all things crypto mining every month! #Bitcoin #Cryptocurrency #Mining

Timestamps:
0:00 – Bitcoin halving recap
3:50 – Miners in 'dire situation'
4:15 – Purpose of difficulty adjustments
5:55 – Rising average transaction fee
7:10 – Why more miners ≠ more throughput
9:00 – History of Bitcoin's scalability debate
15:10 – Soft fork vs. hard fork
15:55 – Bitcoin fork origins
20:00 – Potential Bitcoin scalability solutions
22:05 – Bitcoin mining profitability update
23:50 – China's miner manufacturing monopoly
26:20 – FPGA mining
28:10 – Why CKB & DGB
31:50 – Hedging hash rate on FTX

Website: https://nuggetsnews.com.au/mining/
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Twitter: https://twitter.com/MiningStoreAU

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Bitcoin
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