..but this looks a lot like the difficulty hump that tossed all home miners out of BTC in 2014..very deja vu like
1000's of Gen 1 ASIC and GPU miners quit the game and diff dropped from 58,000 to 40,000 for six months and then slowly climbed again as more and more A2's were sold and Titans were repaired and reverted back to full performance. During that time people who owned those 'new' miners started making money again. Not sure how long it took for early Titan owners to ROI that $10k sticker but I paid down my A2's no problem.
I'm hoping the same thing will happen this time except it will be the 2nd gen A2's and Zeus miners etc that are retired as they become uneconomical for most people to run.
I suspect it's also the end of the road for the home miner even if you have an L3, unless you can get electricity for less than $0.08 USD or thereabouts as the big miners will saturate the market to a level where they can still make a decent profit at $0.04 per Kw/h or whatever they're paying, but it will mean that it will be hard to make any money if you're paying domestic rates for power.
It's a waiting game for now.
Yeah I like your view better
I'd be a 'lot' more in your camp but for the fact we are talking about BITMAIN PRODUCTS which they put out as toasters. Also we had the 'sense' so to speak to stop
chasing the BTC difficulty massive rise back in 2014/15 etc and move to scrypt miners. What keeps me up at night is Bitmain and others in China at 2c electric have
figured out the same (2 years later)..if so I am beyond screwed finally
Can't complain ....but just have the above issues...Again mainly price...if BTC price pumps and LTC/scrypt comes a long just a bit..i MAY still squeak by into winter with my titans heating the house......
but that "unicorn dream' was always pushing my luck on a machine that was developed Fall 2014 and then 1st orig one hit my house Nov 8th 2014
Oh well running on ROI steam now anyway ......frigging rubber band is winding down ...hamsters in the hamster wheel in the titans are getting older now
Titans are 'evil' and have always longed to 'brick themselves' into the bliss of 'doorstops' anyway...at least this way I can kill them instead of them wearing down
(damn they are evil..should probably post a youtube video of me putting a stake thru their asic chip souls as well to be safe when the time comes)