Post
Topic
Board Mining speculation
Merits 4 from 1 user
Re: 2022 Diff thread.
by
stompix
on 20/07/2022, 15:07:54 UTC
⭐ Merited by mikeywith (4)
The adjustment will be tomorrow and the numbers look pretty good

The price has just crossed 24k, and the difficulty:

Quote
Latest Block:   745765  (8 minutes ago)
Current Pace:   94.9311%  (1862 / 1961.42 expected, 99.42 behind)
Next Difficulty Change:   between -4.9921% and -4.9644%
Next Retarget (earliest):   Tomorrow at 8:56 PM  (in 1d 2h 55m 56s)

We're looking at a 20% price increase from the start of the month and an incoming -5% adjustment after the previous -1.4%.
From the lowest point at 7cents per Th/s, we're slightly above 10 cents, this is a huge recovery,  a lot of employees in mining companies are probably also reducing their time spent on LinkedIn searching for a new job   Cheesy
Crisis averted, for now!