Quote from: klondike_bar on May 13, 2016, 03:23:29 PM

Quote from: Zaducis on May 13, 2016, 07:05:16 AM

Quote from: Tmdz on May 12, 2016, 03:57:59 PM

Hashrate is taking a HUGE jump today Shocked

Its reporting 2900 mh so a maybe a new farm went online or upgrades completed on a old one.

I have my hardware paid for now and ive been slowly ordering some parts to build a new budget rig, just mobo, cables and stuff I have extra cpu's and psu's. But im starting to reconsider if I should really jump in with some new gpus the way difficulty is going. In a month there might be very very little profit if this trend continues, say in a month we hit 4'000 gh then the profit will be slim and from there how much further will the hash get pushed.

The difficulty is rising too fast, in a few months, only the new efficient GPU will make profit, but not necessary ROI.

I think its because X11 ASICs are finally beginning to deploy, and the massive difficulty jump there is pushing all the GPU miners onto ethereum

But there are also new mining farms come into the Etheruem mining. Genesis Mining had a big farm.