I am confused on the mining profitability, I started mining back in January and I was making 6-7 dollars a day now I hardly touch the $2 mark.
Currently I am mining on a single 1080TI to test things out before I go out and buy a mining rig.
I don't understand the sudden drop in the reward, is it because of difficulty or the mining reward is slashed to half (as I understand this should happen every 4 years, and for a specific coin only).
Also I am wondering why does the price drop of bitcoin effects all the cryptocurrencies mining reward?