Post
Topic
Board Mining speculation
Re: 2021, time for a new general & diff speculation thread...
by
mikeywith
on 16/08/2021, 03:09:58 UTC
At what point do we need to see a significant increase in price to offset what could be a very large change in difficulty?

It's different for every person depending on their power rate and the efficiency of their mining gears, if the price stays the same and the next difficulty epoch is 10% higher, that will be the point for so many folks running 70w/TH or higher and pay above 8 cents, IMO miners should be prepared for a never-ending difficulty increase which isn't going to be offset by price for the long run, but as it stands right now, mining is very profitable who bought gears at reasonable prices.