Post
Topic
Board Mining speculation
Re: Why do Difficulty increases feel like being ass raped??
by
hulk
on 28/06/2014, 05:37:02 UTC
Probably been discussed before but I'm not in the mood to search for it.. I don't know how the Difficulty is being determined, but the upcoming increase of 23% is really feeling like being ass raped. I have a real problem with Difficulty going up every god damn 12+ days.. At the rate it keeps increasing, the only people that will make any money in mining are those that had $100K+ to invest in mining gear or cloud mining and was able to get around 15+ THS.

I thought having 1.3 THS was kickass, but it ain't shit... I would have been making over $100 a day 5 months ago.. Now I barely make $25 a day. What the shit is that?!? Unless BTC suddenly goes to $2000+, mining isn't going to be worth the $$$ anymore..

Miners are for fun, if you want profit. Sell your miners for higher then market price.