Quote from: Max Crackwell IV on July 07, 2018, 02:16:41 AM

Quote from: hailehaile2 on July 06, 2018, 11:52:17 AM

During the month of June the coin has surged in difficulty due to Nicehash mining. Right now it's 66k and really not minable for someone such as myself with 3 L3. Without Nicehash it would take months to retarget the difficulty, and the only people interested in mining are mining farms or nicehash.

there's someone very greedy,
pushing difficulty to the moon does not much effort...

At the current price, which seems inflated based on the nicehash mining surge, it's about 12 cents a coin. Also, with the current very high difficulty of 65k one L3+ will on average collect 5 coins a day. So one L3+ currently mines, if you are lucky, 60 cents a day. I live in Manitoba with cheap electricity, but it still costs about 2$ US a day to run each L3+. A break even difficulty would be around 10k to 15k based on the price. That means I'm spending more than triple what the coin is worth to mine and that's with a coin price 500% up in the last two weeks, which goes in line with the pump from nicehash. Of course that's just math.