bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.
This is incredible indeed. The revenue for a single s9 asic dropped to 0.00072
BTC per day, around $5.47 at the moment. These beasts consume 1370W, so the profit is much less now. Wu and his buddy Ver are desparately pumping beecash with the hope to attract noobs with fake profit promisses. I am astonished that there are so many naiive people to trust them with their money. Anyway, under these circumstances even if bitcoin's price continues sideways or bart-style jumps and drops in June-July, in August-December we will see quite a spectacular increase IMO.