Post
Topic
Board Mining speculation
Re: New difficulty: 23844670038 +20.86% - Sucks!
by
Lauda
on 27/08/2014, 16:01:13 UTC
+20.86% You gotta know when to pull the plug....

Turned off my miners this morning...until BTC goes back over $550. Need the fiat.

More bad news:
Estimated Next Difficulty:   28,023,615,809 (+17.53%) in 14 days.
Exactly why does the small difference in price matter so much? Are you instantly selling your coins? Then this wouldn't come as a surprise to me.
Why not keep mining all the time and sell it later if you have to?
I remember the days that I got into this business, the difficulty was 7M (!) or even less. It was quite some time ago.
If I only had a 4 TH/s ASIC then.  Angry Cheesy