Quote from: RD965 on March 22, 2015, 08:49:06 PM

Quote from: kuusj98 on March 09, 2015, 08:39:04 PM

Quote from: picolo on March 08, 2015, 10:02:16 AM

Quote from: Walt Sobchak on March 08, 2015, 04:39:12 AM

If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.

If you were making 0.2/week and you now make 0.22 instead of 0.18 for several weeks, it is very nice and can double your profits after maintenance costs.

Mining has absolutely no point in doing. Especially not Cloud mining, you will 99/100 times lose money and if you make fat stacks 12,5% ROI per week *COUGH* LTC-Gear *COUGH* it will most likely be a scam.
Anyway, getting 0.22 per week instead of 0.18 is sure as hell nice. But what if the prices drop even more?

Some people can afford to mine at a loss, and that makes it a profitable business

This doesn't make it a profitable business, this is what's making competitive business. The home miner game is still alive, people know that renting mine power from a service like hashnest could cost them less than maintaining their own, yet they trust their own hardware more.

I personally know people that mine at home 24/7 with not more than a single Th/s. They know that electricity might be costing them more but are betting on a price increase.