Post
Topic
Board Mining speculation
Re: At what point do we stop kidding ourselves? Bye Bye mining farms.
by
jonald_fyookball
on 26/06/2015, 02:11:12 UTC

 Hashrate will rise to an almost unprofitable state,

already happened.


https://blockchain.info/charts/hash-rate

How? I suppose its a matter of interpretation. It's still quite profitable in my area as well as many areas. Undervolted I would be over 50% profitable.

how?  it's already risen to the 400,000,000 level three months ago and hasn't moved beyond it.  as you said, it's 'almost unprofitable' (or else it would be rising further).  it may do so later , for example of the btc price rises, but for now, it ain't.