Post
Topic
Board Press
Re: [2018-01-30] Samsung Enters `Mass Production` of ASIC Miners
by
Sandal_Hat
on 03/02/2018, 05:03:42 UTC
Dude, there is NO CORRELATION between price and difficulty period lol. Price got pumped last year due to hype and good news from media. That seems to have died down for now.

If there is a correlation, dash price needs to be 2-3 times higher than it is now due to the difficulty's phenominal rise. Antminer D3 will then make some significant profit instead of wat it is doing now.

Sorry to say that but you might be wrong here because there is some correlation between price and difficulty. It may indeed take some time to get established and revealed, especially when there are huge price swings in the short term. Nevertheless, if the price goes up in the long term, new miners will join the club, and the rise in difficulty will definitely follow after some adjustment period until profitability sets at some typical value.

On the other hand, when the price goes down, it becomes less profitable or just no longer profitable to mine for some or most miners, they fall off, and difficulty goes down too. Obviously, it is not as simple as it looks for there are a lot of factors at play here. Volatility is likely the most important one of them, which massively complicates the matter, but certainly not the only factor. Another likely factor is that miners may be mining at a loss for some time expecting the price to rise in the future.

Dude, there is no correlation. Tbat is just u thinking someone is looking out for u lol.

More miners = higher difficulty
Price has nothing to do with difficulty

And yes, while people are less likely to order when it is not profitable, bare in mind that miners are ordered 2-3 months in advance, no one calculates the total difficulty that all the miners will create, and the media sensationalizes mining which makes people juz buy...
So, more manufacturers means that every month, there are much more machines going online than when there were less manufacturers. And currently, it is already rising too fast.
Many D3 miners will probably never break even....