Experts: no time-the near Blockchain Hype, but threatening Miner Die
Home News expert: no time-the near Blockchain Hype, but threatening Miner Die
Matthias Nemack –
While various crypto recover courses such as the Litecoin is slowly, but surely, at last, analysts warn not to expect too much for the new years for the industry. In particular, a new Hype should be avoided.
Good things come to those that wait – even in the success of the Blockchain?
The warning in front of a new Boom and the Hype around the Blockchain technology has arrived in the form of, for example, the German Bank, like some dismiss rather with a wink. Because large banks have ridiculed the crypto Trend since the beginning of Bitcoins, often. Nevertheless, the note of Deutsche Bank analysts Jochen Möbert, many of the Blockchain and crypto-projects would have already been lost shortly after the Start, in the Sand. A by no means unjustified evaluation.
Low rates bring Mining to its profitability
Möbert included in current Interviews less with a acute Hype of the Blockchain rather than a process, the custom of his time, the Revolution will finally have coverage. Its for the Broker DailyFX-working “colleague” Salah-Eddine Bouhmidi, on the other hand, however, very different concerns. The expert indicated that a real Miner-threatening Die – if the rates for Ethereum, Bitcoin and all the other Blockchain-based currencies at a certain minimum price level to stabilize. In the case of Bitcoins, you see, the price mark at about $ 6,000. This is the price of the financially to use for Mining with electricity and Hardware cost for many miners is simply too high.
In the end, only a fraction of today’s active miners, and mining farms could remain. Whether a reduction in the Mining participants in the market are all negative, in addition to many insiders argue since the first massive price declines in the past few months.