Post
Topic
Board Mining speculation
Re: hmm mining profitability this year? Will it drop like oil price?We need an OPEC?
by
Sandal_Hat
on 07/02/2018, 07:50:06 UTC
That's because difficulty skyrocketed and manufacturers doubled their prices while bitcoin went the opposite direction and took a nosedive straight to the bottom! A perfect storm against miners.

Yep, and I mentioned that is the problem. Do not assume that price will go up 10 times in a year like it did last year....
Very unlikely this year. The major pop has occurred.