Hello,
I just checked the difficulty and it seems to increase a lot lately.
What is the reason behind this?
At this rate and if the price doesn't increase an s9 will not be much profitable by the summer....
I'm struggling whether I should invest in a dozen of S9 but things are not so motivating now compare to sept/oct when i first look into it.
Thanks for your insights.
The profitability is going back to more normal rates. It was abnormal back then.
IF ONLY there was a chart on past profitability, that would make people open their eyes more. Currently, people can only see current spot profitability and so they grab gear and believe that the rate will be at this level or close to it for a long time. Well, not the case.
This is why we see the high ebay prices and mad rush for gear imo.