Post
Topic
Board Mining speculation
Re: Network difficulty up, mining profits down by 15% in 24h – Will it recover?
by
Phycodurus
on 18/12/2017, 23:16:01 UTC
Hey there Fanatic26,

Thanks for your honest feedback, you are right, we should be prepared for the worst case scenario.

Not knowing the formula behind these calculators though makes it more difficult. Do you or does anyone have a clue of what formula does Antpool/Cryptocompare use?

And in the current uncertainty context, would you, as per your experience, consider it a wise choice to make such a bet by paying now for miners that will be delivered in April?

In these circumstances, I think it may be best to just switch to a different cryptocurrency, unless we're forecasting a massive raise of BTC value which may compensate for the insane increased difficulty (we should be forecasting a similar growth trend in the long term).

Cheers