Post
Topic
Board Mining
Re: Are you ready for an 80% difficulty increase in about a week?
by
smell
on 12/06/2011, 08:24:17 UTC
3 to 4 times more profitable.... right... I think YOU'RE trolling.  So that's like mining today @ $3-4 a bitcoin at current rates.  Who the hell would mine at the current difficulty level for $3-4?  If you pay for power, you'd be lucky to make more than a couple of dollars a day.... I call BS.

I don't think he was lying... look at the P/D ratio back in April: http://forum.bitcoin.org/?topic=7427.0  it was below one while right now it's about 2.5. 

Also, I'd say 50-55% difficulty increase on or slightly before June 16.  No idea about P/D though, anyone care to guess?