Bitcoin (BTC) $64,052.73 1.56%
Ethereum (ETH) $1,840.51 0.86%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 74.665027 0.84%
Chainlink (LINK) $8.26 2.19%
Cardano (ADA) $0.16 3.31%
Litecoin (LTC) $45.76 2.80%
Dash (DASH) $33.66 -0.04%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.201009 -0.89%
X-Cash (XCASH) 4.0E-6 119.96%
Dogecoin (DOGE) $0.00 -4.85%

Cryptocurrencies: 29499

Markets: 111712

Market Cap: $2,190,551,590,893

24h Vol: $45,352,817,465

Seeking Alpha

2021-01-27 17:46:44

Bitcoin: Mining, Scarcity, And Why The Price May Push To $150,000

Bitcoin: Mining, Scarcity, And Why The Price May Push To $150,000

Computing power and speed are pushing the need for greater amounts of expenditures to mine.With continuously fewer coins released, the system is designed to see continued price increases.The next four year period will see an increase of Bitcoin's price into six figures.

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