Post
Topic
Board Service Announcements
Re: Bitcoin Cloud Mining with HashFlare
by
Steffoboy
on 12/01/2018, 12:33:22 UTC
The expected ~ +16 % difficulty increase in a few hours is still in the +18% / 10 days prediction with a acceptable ROI, so nothing to worry about.
Last difficulty peroid was much more profitable than expected anyway.

In the longterm price and difficulty always get to a level where profits are minimal, but in the greens with the cheapest electricity available.

China is still dominating the mining industry, no matter if BCH or BTC, but this is about to change.
Afaik ViaBTC is closing down their cloud mining service.

How do you mean, its not expected since the expected was a drop in difficulty, and how can higher difficulty be nothing to worry about when the price of the bitcoin is not rising?

Higher difficulty with lesser amounts of hashes, and lower returns, As we have seen before, i bet the hashrate dissapears after increase in difficulty is a fact. So tell me, what is good with that, and how do we make more money when this happens, we dont, since the fees is kept by the pools, and we get none of it.

Was the increase in price for the Hashpower also a good business for us?