Update bitcoin mining post

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Ariejan de Vroom 2017-11-29 16:24:43 +01:00
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@ -10,6 +10,12 @@ Bitcoin was introduced in 2008 and has gained much popularity since then. At
the time of writing the exchange rate for 1 BTC is about €1100 (or $1166), quite the time of writing the exchange rate for 1 BTC is about €1100 (or $1166), quite
an increase from when you could get 1 BTC for just a few euro. an increase from when you could get 1 BTC for just a few euro.
_It is 29 November 2017, just eight months after writing this post, and the exchange
rate has skyrocketed. The $10,000 barrier has already been broken and the €10,000
barrier is in sight. If you're interest in mining bitcoin, this post is still
relevant. Fees will be lower (as they are charged in $/€) and you net yield will
be higher. Good times!_
## The problem with mining Bitcoin ## The problem with mining Bitcoin
Mining bitcoin can be quite lucrative, but it's hugely dependent on the exchange Mining bitcoin can be quite lucrative, but it's hugely dependent on the exchange