itcoin Mining Difficulty Factor Overcomes 500,000,000,000

VoskCoin

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Quote from: btctousd81 on April 29, 2017, 02:43:28 PM

so antminer s9 is the only profitable miner and until we receive it , the difficulty will rise again making the investment dead. or very little profitable.

How many s9's did you order and when // when are you expected to receive them? I've been curious about the s9 but ROI seems very long and potentially much better miners to invest in?

btctousd81

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so antminer s9 is the only profitable miner and until we receive it , the difficulty will rise again making the investment dead. or very little profitable.

Vladdirescu87

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Bitcoin mining is regulated by a difficulty factor which determines how hard it is to mine one block of bitcoin. Recently the difficulty factor was just above 520,000,000,000. Coinidol.com investigates the effects of this rise on the Bitcoin mining activities.

Bitcoin mining difficulty changes after every two weeks depending of the amount of computing power measured in hashrate available in the bitcoin mining network. When new miners add in more computing power in the network the mining difficulty increases and when big mining farms withdraws from mining the difficulty reduces.

The full article here: https://coinidol.com/bitcoin-mining-difficulty-factor/

Topic: itcoin Mining Difficulty Factor Overcomes 500,000,000,000 (Read 1111 times)