Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
It will depend mainly on the bitcoin price in USD. As long as it doesn't increase significantly, I'd expect small difficulty jumps, like the last months.
I have bought some TH1 to lend them, so I can find out how it works in practice.
I believe there is no reason for ASIC owners to turn their miners off. At least when BTC price is higher than spended electricity. And "higher" doesn't mean "more than $500", it's more like "more than $50". I have bought some TH1 to lend them, so I can find out how it works in practice.
So I will not going long with price higher than 0.9 BTC.
And don't forget to monitor this: https://bitcoinwisdom.com/bitcoin/difficulty
Unless mining costs decrease or bitcoin price increases, I wouldn't expect difficulty to keep increasing. It can happen for a while, if they are new miners or miners expand their business. But after that, profits/costs will have to go up to make difficulty also increase.
I bought a bit of HT1 to see how it works. But I wouldn't now, 1.234 is too much even when taking into account the interest of lending it.