Post
Topic
Board Mining speculation
Re: Bitcoin mining is doomed !
by
wpgdeez
on 04/01/2015, 15:43:05 UTC
1.The difficulty is starting to have huge increases again while the price is going DOWN, it already is below 300 !
2.My estimate is that next difficulty is going to be above 15 % and the others following will be somewhere around same level !
3.Soon NEXT GENERATION ASICS will be launched and the difficulty will start raising even more, we might see 30-40 % + increases in difficulty,
and the miners we bought now will be absolute, with no chance to EVER ROI.

With all these, let's just ask ourselves:
Is it still worth mining bitcoin right now ?

absolutely.

I am  Looking forward to  a 200 dollar coin price and 50xxxxxxx diff by my birthday the end of January.


Ask me why?

OK, why?

well I am 100% sp20.   I turn a profit at  diff of 50xxxxxx and btc 200 usd but many people do not make money at those numbers so  i would think a diff of 50xxxxxxx and a price of 200usd would force a leveling of diff.
like  we had between nov 5 and dec 30.
You don't turn a profit until you have covered the cost of your hardware and electric. When do you think that will happen?