Post
Topic
Board Mining (Altcoins)
Re: Ethereum Reduces Block Reward | ETH GPU Mining Will No Longer Be Profitable
by
Tailgunner
on 14/09/2018, 15:52:17 UTC
the difficult will rise 5 to 10x in few months and price will follow.
high diff doesn't meant that price will follow

It does, nobody will mine for peanuts or at loss other than the ones who support the coin itself and dont forget eth is the altcoin king at moment, all other altcoins follow it.
Gotta say I disagree with this statement. I have an antminer A9 sitting there collecting dust because it would be losing like $3/day if plugged in. Most people who trade don't even mine and therefore don't give a shit what the diff is. In my experience the price seems to influence the difficulty much more than the difficulty influences the price.