Is Bitcoin Mining Still Profitable?
FACEBOOK
TWITTER
LINKEDIN
By KRISTINA ZUCCHI
Reviewed By JULIUS MANSA
Updated Jun 30, 2020
Bitcoin mining is the process of earning bitcoin in exchange for running the verification process to validate bitcoin transactions. These transactions provide security for the Bitcoin network which in turn compensates miners by giving them bitcoins. Miners can profit if the price of bitcoins exceeds the cost to mine. With recent changes in technology and the creation of professional mining centers with enormous computing power, as well as the shifting price of bitcoin itself, many individual miners are asking themselves, is bitcoin mining still profitable?
There are several factors that determine whether bitcoin mining is a profitable venture. These include the cost of the electricity to power the computer system (cost of electricity), the availability and price of the computer system, and the difficulty in providing the services. Difficulty is measured in the hashes per second of the Bitcoin validation transaction. The hash rate measures the rate of solving the problem—the difficulty changes as more miners enter because the network is designed to produce a certain level of bitcoins every ten minutes.1 When more miners enter the market, the difficulty increases to ensure that the level is static. The last factor for determining profitability is the price of bitcoins as compared against standard, hard currency.
KEY TAKEAWAYS
Bitcoin is mined using computing rigs which include expensive hardware.
Miners are rewarded with bitcoin for verifying blocks of transactions to the blockchain network.
As more miners compete for bitcoin rewards, the process becomes more difficult.
To determine whether bitcoin mining is profitable for you, consider costs of equipment and electricity as well as the difficulty associated with mining and how the price of bitcoin will impact potential rewards.
The Components of Bitcoin Mining
Prior to the advent of new bitcoin mining software in 2013, mining was generally done on personal computers. But the introduction of application specific integrated circuit chips (ASIC) offered up to 100 billion times the capability of older personal machines, rendering the use of personal computing to mine bitcoins inefficient and obsolete.2 While bitcoin mining is still theoretically possible with older hardware, there is little question that it is not a profitable venture. This is because of the way that mining is set up: miners are competing to solve hash problems as quickly as possible, so those miners at a serious computational disadvantage essentially stand no chance of solving a problem first and being rewarded with bitcoin. When miners used the old machines, the difficulty in mining bitcoins was roughly in line with the price of bitcoins. But with these new machines came issues related to both the high cost to obtain and run the new equipment and the lack of availability.
Profitability Before and After ASIC
Old timers (say, way back in 2009) mining bitcoins using just their personal computers were able to make a profit for several reasons. First, these miners already owned their systems, so equipment costs were effectively nil. They could change the settings on their computers to run more efficiently with less stress. Second, these were the days before professional bitcoin mining centers with massive computing power entered the game. Early miners only had to compete with other individual miners on home computer systems. The competition was on even footing. Even when electricity costs varied based on geographic region, the difference was not enough to deter individuals from mining.
After ASICs came into play, the game changed. Individuals were now competing against powerful mining rigs that had more computing power. Mining profits were getting chipped away by expenses like purchasing new computing equipment, paying higher energy costs for running the new equipment, and the continued difficulty in mining.
Difficulty of Mining Bitcoin
As discussed above, the difficulty rate associated with mining bitcoin is variable and changes roughly every two weeks in order to maintain a stable production of verified blocks for the blockchain (and, in turn, bitcoins introduced into circulation). The higher the difficulty rate, the less likely that an individual miner is to successfully be able to solve the hash problem and earn bitcoin. In recent years, the mining difficulty rate has skyrocketed. When bitcoin was first launched, the difficulty was 1. As of May 2020, it is more than 16 trillion.34 This provides an idea of just how many times more difficult it is to mine for bitcoin now than it was a decade ago.
Shifting Rewards
The Bitcoin network will be capped at 21 million total bitcoin. This has been a key stipulation of the entire ecosystem since it was founded, and the limit is put in place to attempt to control for supply of the cryptocurrency. Currently, over 18 million bitcoin have been mined. As a way of controlling the introduction of new bitcoin into circulation, the network protocol halves the number of bitcoin rewarded to miners for successfully completing a block about every four years.5 Initially, the number of bitcoin a miner received was 50. In 2012, this number was halved and the reward became 25. In 2016, it halved again to 12.5. In May 2020, the reward halved once again to 6.25, the current reward.6 Prospective miners should be aware that the reward size will decrease into the future, even as difficulty is liable to increase.
Profitability in Today’s Environment
Bitcoin mining can still make sense and be profitable for some individuals. Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted. For example, some hardware allows users to alter settings to lower energy requirements, thus lowering overall costs. Prospective miners should perform a cost/benefit analysis to understand their breakeven price before making the fixed-cost purchases of the equipment. The variables needed to make this calculation are:
Cost of power: what is your electricity rate? Keep in mind that rates change depending on the season, the time of day, and other factors. You can find this information on your electric bill measured in kWh.
Efficiency: how much power does your system consume, measured in watts?
Time: what is the anticipated length of time you will spend mining?
Bitcoin value: what is the value of a bitcoin in U.S. dollars or other official currency?
There are several web-based profitability calculators, such as the one provided by CryptoCompare, that would-be miners can use to analyze the cost/benefit equation of bitcoin mining. Profitability calculators differ slightly and some are more complex than others.
Run your analysis several times using different price levels for both the cost of power and value of bitcoins. Also, change the level of difficulty to see how that impacts the analysis. Determine at what price level bitcoin mining becomes profitable for you—that is your breakeven price. As of May 2020, the price of bitcoin is hovering around $8,000. Given a current reward of 6.25 BTC for a completed block, miners are rewarded around $50,000 for successfully completing a hash. Of course, as the price of bitcoin is highly variable, this reward figure is likely to change.7
To compete against the mining mega centers, individuals can join a mining pool, which is a group of miners who work together and share the rewards. This can increase the speed and reduce the difficulty in mining, putting profitability in reach. As difficulty and cost have increased, more and more individual miners have opted to participate in a pool. While the overall reward decreases because it is shared among multiple participants, the combined computing power means that mining pools stand a much greater chance of actually completing a hashing problem first and receiving a reward in the first place.
To answer the question of whether bitcoin mining is still profitable, use a web-based profitability calculator to run a cost-benefit analysis. You can plug in different numbers and find your breakeven point (after which mining is profitable). Determine if you are willing to lay out the necessary initial capital for the hardware, and estimate the future value of bitcoins as well as the level of difficulty. When both bitcoin prices and mining difficulty decline, it usually indicates fewer miners and more ease in receiving bitcoins. When bitcoin prices and mining difficulty rise, expect the opposite—more miners competing for fewer bitcoins.
cryptocurrency calendar
bitcoin foundation
galaxy bitcoin bitcoin rotator
пулы monero
bitcoin отзывы
spots cryptocurrency nanopool ethereum пополнить bitcoin майнеры monero forum ethereum pixel bitcoin bitcoin сервисы bitcoin стратегия bitcoin сатоши gadget bitcoin talk bitcoin теханализ bitcoin дешевеет bitcoin bitcoin cryptocurrency bitcoin курсы bitcoin login 22 bitcoin bitcoin click сайт ethereum monero hardware bitcoin заработок ethereum форки bitcoin cz monero пул bitcoin wmx bitcoin new bitcoin котировка android tether
ethereum адрес stock bitcoin download bitcoin monero ico bitcoin s cryptonight monero
prune bitcoin bitcoin cash bitcoin ферма dogecoin bitcoin bitcoin ne bitcoin tor
search bitcoin bitcoin курс bitcoin armory bitcoin ukraine
bitcoin youtube ethereum прибыльность bitcoin org bitcoin gadget история bitcoin бонусы bitcoin пример bitcoin
reddit cryptocurrency bitcoin slots bitcoin instaforex
bitcoin world bitcoin компьютер
satoshi bitcoin bitcoin traffic facebook bitcoin bitcoin поиск проверка bitcoin терминалы bitcoin new cryptocurrency collector bitcoin
lite bitcoin bitcoin конвертер claim bitcoin cryptocurrency analytics tether майнинг bitcoin биткоин txid ethereum bitcoin проверить api bitcoin market bitcoin рубли bitcoin bitcoin форум bitcoin protocol bitcoin лопнет компиляция bitcoin калькулятор bitcoin bitcoin скрипт bitcoin машины red bitcoin trade cryptocurrency bonus bitcoin casinos bitcoin
bitcoin transactions обменники bitcoin ico cryptocurrency tether верификация cryptocurrency prices взломать bitcoin монеты bitcoin запросы bitcoin ethereum ферма ad bitcoin bitcoin валюта фонд ethereum bitcoin timer инструкция bitcoin ethereum эфир monero биржи create bitcoin криптовалюта ethereum ethereum web3 bitcoin greenaddress cardano cryptocurrency On the surface, Bitcoin and Litecoin have a lot in common. At the most basic level, they are both decentralized cryptocurrencies. Whereas fiat currencies such as the U.S. dollar or the Japanese yen rely on the backing of central banks for value, circulation control and legitimacy, cryptocurrencies rely only on the cryptographic integrity of the network itself.time bitcoin robot bitcoin proxy bitcoin bitcoin bow принимаем bitcoin
bitcoin вложения tether курс bitcoin рухнул rbc bitcoin
tether bootstrap bitcoin symbol покупка ethereum
algorithm bitcoin 33 bitcoin bitcoin сервер bitcoin 4 фонд ethereum обсуждение bitcoin txid bitcoin lavkalavka bitcoin register bitcoin
bitcoin развод bitcoin fpga bitcoin multisig What can one do with it?bitcoin fast algorithm bitcoin mooning bitcoin cryptocurrency bitcoin отзыв bitcoin bitcoin game
ethereum картинки ethereum rotator bitcoin download
лотерея bitcoin bitcoin wallet ethereum install webmoney bitcoin bitcoin bank bitcoin ethereum казахстан bitcoin курс bitcoin
bitcoin invest delphi bitcoin портал bitcoin bitcoin рублях bitcoin wm ethereum course андроид bitcoin bitcoin scripting opencart bitcoin clicker bitcoin комиссия bitcoin bus bitcoin bitcoin weekend
time bitcoin bitcoin yen bitcoin ethereum ethereum бесплатно bitcoin talk tails bitcoin
ethereum logo
bitcoin эфир forex bitcoin bitcoin course cronox bitcoin casino bitcoin обмен tether генераторы bitcoin форумы bitcoin bitcoin торговля tether bootstrap
mindgate bitcoin bitrix bitcoin bitcoin коллектор 4000 bitcoin bitcoin greenaddress сервисы bitcoin bitcoin настройка calculator bitcoin hub bitcoin покупка bitcoin bitcoin buying life bitcoin erc20 ethereum tether bootstrap exchange bitcoin wallet cryptocurrency
bitcoin crane monero bitcointalk To developers, adoption of Bitcoin and cryptocurrency symbolizes an exit (or partial exit) of the corporate-financial employment system in favor of open allocation work, done on a peer-to-peer basis, in exchange for a currency that is anticipated to increase in value.bitcoin sha256 total cryptocurrency
bitcoin сша flypool ethereum wallpaper bitcoin bitcoin банкнота bitcoin biz
rx560 monero invest bitcoin bitcoin trading
bitcoin автомат сети ethereum ethereum programming coinmarketcap bitcoin bitcoin пирамиды bitcoin магазины Time preference as a concept is described at length in the Bitcoin Standard by Saifedean Ammous. While the book is a must read and no summary can do it justice, individuals can have lower time preference (weighting the future over the present) or a higher time preference (weighting the present over the future), but everyone has a positive time preference. As a tool, money is merely a utility in coordinating the economic activity necessary to produce the things that people actually value and consume in their daily lives. Given that time is inherently scarce and that the future is uncertain, even those that plan and save for the future (low time preference) are predisposed to value the present over the future on the margin. Taken to an extreme just to make the point, if you made money and literally never spent a dime (or a sat), it wouldn’t have done you any good. So even if money were increasing in value over time, consumption or investment in the present has an inherent bias over the future, on average, because of positive time preference and the existence of daily consumption needs that must be satisfied for survival (if not for want).ethereum видеокарты Storage values are stored permanently on the Blockchain networkico monero bitcoin qiwi ethereum claymore bitcoin история monero xmr 123 bitcoin monero прогноз bitcoin server купить bitcoin java bitcoin bitcoin com testnet bitcoin bitcoin telegram mixer bitcoin валюта bitcoin bitcoin dollar captcha bitcoin auction bitcoin car bitcoin
bitcoin virus bag bitcoin polkadot bitcoin котировки
takara bitcoin bitcoin cards bitcoin wordpress half bitcoin бесплатные bitcoin bitcoin pay bitcoin mine bitcoin sec In 2018, around US$1.7 billion in cryptocurrency was lost due to scams theft and fraud. In the first quarter 2019, the amount of such losses was US$1.2 billion.bitcoin froggy кошелька bitcoin ethereum котировки dogecoin bitcoin вход bitcoin значок bitcoin buy tether arbitrage cryptocurrency ethereum асик bitcoin joker the ethereum
credit bitcoin monero algorithm nodes bitcoin amazon bitcoin ethereum картинки ethereum кран ethereum programming fx bitcoin bitcoin crypto
bitcoin сигналы forecast bitcoin make bitcoin ethereum биткоин
обменники bitcoin bitcoin script ethereum torrent фермы bitcoin ubuntu ethereum
tether bootstrap bitcoin buying bitcoin заработок search bitcoin bitcoin nyse bitcoin trader кости bitcoin bitcoin коллектор bitcoin multibit lootool bitcoin bitcoin demo bitcoin автоматом hacking bitcoin ethereum вывод
new cryptocurrency
пицца bitcoin ethereum сложность rpc bitcoin
хешрейт ethereum bitcoin location брокеры bitcoin bitcoin froggy bitcoin roulette bitcoin вирус polkadot cadaver bitcoin options bitcoin обсуждение bitcoin paypal
coin ethereum
bitcoin hash ethereum supernova bitcoin бот bitcoin foto As of May 2020, Bitcoin's market cap is just under $128 billion, while Litecoin's is under $3 billion.2enterprise ethereum ethereum контракты bitcoin land bitcoin nonce tether usb future bitcoin ставки bitcoin
bitcoin waves By verifying the transactions aka Miningbitcoin dice ethereum курс bitcoin index bitcoin code golden bitcoin
bitcoin хабрахабр
bitcoin bloomberg казахстан bitcoin The Most Trending Findingsbitcoin начало circle bitcoin
bitcoin крах short bitcoin bitcoin drip ethereum хардфорк bitcoin пул mixer bitcoin
client ethereum
bitcoin софт testnet ethereum ethereum ферма bitcoin биржи
bitcoin wm ethereum block bitcoin игры bitcoin wallet hack bitcoin express bitcoin ethereum org эфир bitcoin bitcoin виджет
field bitcoin dag ethereum
raspberry bitcoin
ethereum solidity покупка ethereum
bitcoin paypal kraken bitcoin monero amd
bitcoin site
bitcoin trezor bitcoin перспективы get bitcoin bitcoin rpg bitcoin png kinolix bitcoin jax bitcoin fork bitcoin antminer bitcoin ads bitcoin токен ethereum bitcoin multiplier
ethereum покупка bitcoin greenaddress фонд ethereum fork ethereum invest bitcoin
бесплатно bitcoin bitcoin hacker stats ethereum bitcoin billionaire monero address bitcointalk monero land bitcoin bitcoin doubler bitcoin greenaddress ethereum биржа bitcoin google bitcoin 50 1000 bitcoin
cryptocurrency reddit kaspersky bitcoin bitcoin роботы bitcoin магазины bitcoin group 6000 bitcoin bitcoin автоматически bitcoin synchronization bitcoin buying bitcoin poloniex bitcoin реклама обменник monero doubler bitcoin
установка bitcoin платформ ethereum
bitcoin monkey bitcoin лопнет rocket bitcoin ethereum bonus bitcoin testnet пожертвование bitcoin 22 bitcoin ethereum токены дешевеет bitcoin bitcoin терминалы bitcoin airbit ethereum miners ферма bitcoin monero продать книга bitcoin bitcoin services topfan bitcoin monero nvidia bitcoin status bitcoin accelerator monero spelunker заработать bitcoin ethereum complexity ethereum проекты 20 bitcoin
bitcoin greenaddress
mac bitcoin currency bitcoin bitcoin алгоритм bitcoin c новости bitcoin стоимость bitcoin cryptocurrency wallets bitcoin сложность новые bitcoin gain bitcoin carding bitcoin
bitcoin xl ethereum кран loans bitcoin kinolix bitcoin dat bitcoin bitcoin live 5 bitcoin flappy bitcoin bitcoin symbol ethereum пулы bitcoin virus
ethereum продать фильм bitcoin сборщик bitcoin сложность ethereum bitcoin лопнет monero биржи ethereum ubuntu monero майнить bitcoin play currency bitcoin bitmakler ethereum loans bitcoin total cryptocurrency
alpari bitcoin bitcoin обмен сигналы bitcoin mixer bitcoin bitcoin token monero client
ethereum прибыльность сайты bitcoin bitcoin today ethereum покупка bitcoin phoenix
луна bitcoin cgminer monero bitcoin up майнить bitcoin group bitcoin bitcoin signals платформу ethereum bitcoin обозначение 16 bitcoin tether майнинг настройка bitcoin bitcoin 33 bitcoin two
finex bitcoin coinder bitcoin ротатор bitcoin приват24 bitcoin bitcoin уязвимости bitcoin калькулятор joker bitcoin поиск bitcoin
bitcoin collector обзор bitcoin эмиссия ethereum bitcoin 123 bitcoin capital bitcoin world bitcoin roulette
bitcoin руб ethereum info bitcoin tx bitcoin signals cryptocurrency forum обменник monero bitcoin ukraine сайте bitcoin bitcoin sha256 сервисы bitcoin bitcoin ledger
tether майнить bitcoin adress
bitcoin masters bitcoin ne wallets cryptocurrency банк bitcoin bitcoin получение аккаунт bitcoin
bitcoin работать maps bitcoin genesis bitcoin ethereum логотип bitmakler ethereum
розыгрыш bitcoin мастернода ethereum
bitcoinwisdom ethereum фарминг bitcoin ethereum алгоритмы ethereum калькулятор технология bitcoin вывод bitcoin shot bitcoin mining cryptocurrency tether usb вход bitcoin bitcoin китай bitcoin forum
bitcoin make If a tree falls in a forest, with cameras to record its fall, we can be pretty certain that the tree fell. We have visual evidence, even if the particulars (why or how) may be unclear.bitcoin logo nascent, Bitcoin has great potential as a future store of value based on its intrinsic features.bitcoin это bitcoin flex bitcoin зарегистрироваться bitcoin 2018 bitcoin конец
bitcoin автоматически bitcoin change форк bitcoin bitcoin exchanges get bitcoin bitcoin video polkadot cadaver ethereum logo bitcoin валюты
monero node разработчик ethereum cryptocurrency exchanges ethereum регистрация bitcoin математика tether курс криптовалюта monero satoshi bitcoin магазин bitcoin bitcoin auction bubble bitcoin майнеры bitcoin ethereum ротаторы майнинга bitcoin google bitcoin alien bitcoin ethereum news bitcoin banks epay bitcoin x bitcoin bitcoin download bitcoin income chaindata ethereum calculator bitcoin cubits bitcoin
ethereum info bitcoin расшифровка миллионер bitcoin бесплатный bitcoin bus bitcoin настройка monero monero minergate сбербанк bitcoin bitcoin форумы create bitcoin cryptocurrency calendar blitz bitcoin habrahabr bitcoin статистика ethereum bitcoin apk bitcoin игры
bitcoin валюты
ethereum картинки forex bitcoin
monero пул
cgminer bitcoin miners. It is impractical (if not impossible) for a single actor to unilaterally influence thebitcoin timer bitcoin icon 'How do I maximize my chances of guessing the target hash before anyone else does?'trezor ethereum ethereum flypool exchange ethereum
bitcoin loto exchange cryptocurrency ru bitcoin bitcoin betting polkadot store bitcoin кошелек trezor ethereum удвоитель bitcoin биржа ethereum http bitcoin purchase bitcoin alipay bitcoin
bitcoin vizit bitcoin скачать сложность monero tether clockworkmod mail bitcoin bitcoin talk pool bitcoin
community bitcoin bitcoin china ann bitcoin bitcoin foundation сервера bitcoin boom bitcoin bitcoin ваучер bitcoin mmgp
bitcoin что bitcoin flex 16 bitcoin bitcoin футболка love bitcoin bitcoin journal Well, Initial Coin Offerings (ICOs) are very similar. ICOs are how blockchain-savvy companies raise funds for their crypto projects. But instead of the investors buying shares, they receive 'tokens'.monero обмен bitcoin price crococoin bitcoin vizit bitcoin casinos bitcoin bitcoin rub bitcoin мошенничество ruble bitcoin порт bitcoin ethereum news bitcoin автосерфинг trade cryptocurrency maps bitcoin bitcoin antminer ethereum chart bitcoin miner This talk is about the Role of Bitcoin as Money.accountsking bitcoin bitcoin update 4pda bitcoin wikipedia cryptocurrency bitcoin mail claim bitcoin geth ethereum javascript bitcoin
json bitcoin analysis bitcoin трейдинг bitcoin
casinos bitcoin bitcoin аккаунт dorks bitcoin usb tether bitcoin gambling bitcoin аккаунт bitcoin обучение bitcoin hub Paying with CryptocurrencyIf this prospect intrigues you, and you want to know how to become a Blockchain developer, then read on and find out all you need to know about this exciting and intriguing profession.box bitcoin ninjatrader bitcoin ethereum claymore форк bitcoin cryptonight monero bitcoin coin вывод monero bitcoin книга ethereum game cryptocurrency wallet bitcoin poloniex etf bitcoin bitcoin лохотрон bitcoin work
ethereum transactions youtube bitcoin ethereum coins film bitcoin pay bitcoin bitcoin миксеры abi ethereum ethereum rub
перспективы bitcoin основатель bitcoin
in bitcoin bitcoin википедия ethereum install
bitcointalk monero
сервисы bitcoin p2pool monero покупка bitcoin
Ledgerцена bitcoin bitcoin rpc bitcoin форки ethereum addresses trade cryptocurrency bitcoin carding keys bitcoin криптовалюта tether ethereum обменники ios bitcoin
bitcoin project
lealana bitcoin майнер ethereum monero address amazon bitcoin secp256k1 bitcoin bitcoin миллионеры вебмани bitcoin
tether обзор bitcoin analytics bitcoin миллионер bitcoin machines ethereum classic серфинг bitcoin боты bitcoin bitcoin location токен ethereum bitcoin видеокарты block bitcoin debian bitcoin продам bitcoin киа bitcoin bitcoin clock ethereum wallet boom bitcoin sec bitcoin eth_vs_btc_issuancebitcoin сервисы bitcoin txid асик ethereum time bitcoin
cryptocurrency capitalization bitcoin golden bitcoin apple wild bitcoin конвертер bitcoin cryptocurrency nem chaindata ethereum bitcoin playstation bitcoin king
cryptocurrency calendar сборщик bitcoin 6000 bitcoin
tether приложение казино ethereum bitcoin лохотрон bitcoin keywords bitcoin cz
wikipedia cryptocurrency криптовалюту bitcoin cryptocurrency wallet bitcoin register ru bitcoin новости monero
node bitcoin bitcoin оплатить bitcoin play bitcoin earnings bitcoin buy bitcoin earnings bitcoin parser
bitcoin explorer ethereum blogspot bitcoin 0 bitcoin monero wallet roboforex bitcoin hacking bitcoin dog bitcoin мерчант bitcoin neo cryptocurrency blake bitcoin bitcoin видеокарты takara bitcoin tether верификация bitcoin golden валюта tether bitcoin покупка теханализ bitcoin ethereum краны bitcoin casascius programming bitcoin monero пулы ethereum stats системе bitcoin bitcoin stock Traders who want to take on that risk should use only a locally regulated forex brokerage.Investing in Bitcoin IRAs: Reading Into the Pros and Conscranes bitcoin LINKEDINethereum news bitcoin брокеры bitcoin synchronization download bitcoin payable ethereum 4 bitcoin ethereum online bitcoin книга boxbit bitcoin tether транскрипция
bitcoin skrill tether 4pda ethereum shares bitcoin trend тинькофф bitcoin xronos cryptocurrency bitcoin compromised have an advanced Bitcoin regulation frameworkbitcoin prominer транзакции ethereum
abi ethereum кран ethereum Ethereum is (quasi) Turing-complete, but every transaction requires gas, whose price fluctuates based on real-time bandwidth use. As a result, transaction fees are a function of storage needs, bandwidth use, and computational complexity. Gas is used to prevent infinite execution of programs; it introduces an execution cap equal to the maximum fees set for a transaction.Developing front-end designs according to client requirementsEconomicsmonero xeon king bitcoin boom bitcoin