XMR has made my Vegas profitable to run again!
...at least for the next few days.
...not yet at the ugly $0.16/KWh I'm dishing out for power, but if it keeps going in the right direction, it might just fairly soon!
There's no secret though. Prices need to go up for profits to rise as well. Wonder how long it'll take for Asics (and FPGAs) to kick into gear and up the diff on CN/r.
Oh btw have any other coins forked to CN/r yet, or only XMR thus far?
One month chart is a jaw dropper for Monero difficulty:
https://www.coinwarz.com/difficulty-charts/monero-difficulty-chartWhere have all the ASICs/FPGAs gone? Long time passing.
How long do we have until the FPGAs start coming back online? I will say one to three months, with three months marking the outer limit. But that's okay though. I will shut off for Summer and wait for the Fall Monero fork.
I am guessing the difficulty will probably settle at the exact same area as it was before these massive FGPAs took over in January. I think it will be between 30-50 Million or so. Eventually people will see its more profitable and they will make the switch.
Basically what happened before. It was slightly more profitable to mine than ETH, so people switched, and then a few months later they switched back to ETH when the FGPAs arrived.
Wonder how my R9 280X will perform on this algo?