Bad news for bitcoin minors

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Bitcoin right now exchanges basically at the break-even the initial investment cost of mining a bitcoin," Fundstrat's Thomas Lee said in a report Thursday.

Now the miners may just turned off the machines until the point that the value returns a bit," said Shone Anstey, prime supporter and leader of Blockchain Intelligence Group.

Excavators' income have generally divided for the current month from December because of a surge of enthusiasm for bitcoin mining, as estimated by hashrate, said Charlie Hayter, CEO of CryptoCompare.

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https://www.cnbc.com/2018/03/15/bad-news-for-bitcoin-miners-as-its-no-longer-profitable-to-create-the-cryptocurrency.html