So..difficulty is up to 31M already which concerns me. As someone who has a Mercury on order that I don't expect to see until October at the earliest, according to the new mining calculator at the genesis block
mining.thegenesisblock.com, things aren't looking favorable
For me, its looking like 140 days to break even, then maybe $300-$400 gain over that before losing money. I could upgrade to a Saturn but those don't look much better - Jupiters still looking decent though.
So for me, as much as I want to support KnC, I'm considering canceling strictly based on current/projected difficulty...anyone else?
there is a slim possibility that either BTC price will go up substantially or that other alt-sha256 coins will come into prominence along with bitcoin. There is likely use for asic bitcoin hardware but it will now be a knowledge and efficiency game to find that next new coin and get in while difficulty is low.