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Despite the slowdown, crypto adoption has been on a rise with more people wanting to dabble a little in crypto investments. However, crypto mining does not come cheap as mining one Bitcoin isn’t as valuable as it used to be a few months ago.
Cost of a single Bitcoin now exceeds $50,000 for the first time Rick Bowmer/AP FILE - This April 3, 2013 file photo shows bitcoin tokens in Sandy, Utah. The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday, April 16, 2014, the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would not be able to resurrect itself under a business rehabilitation process filed for in February. (AP Photo/Rick Bowmer, File) By: The As...