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RE: Bitcoin to hit $20,000 by December 2018 according to Mike Novogratz

in #cryptocurrency7 years ago (edited)

"The days where anyone could make money mining Bitcoin with a desktop computer or GPU cards are unfortunately long gone. The total computing (or “hashing”) power of the network has risen exponentially since the introduction of application-specific integrated circuits (ASICs), or machines designed specifically to solve Bitcoin’s mining proof-of-work algorithm and nothing else."

Isn't that the case now?

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