So lately iv been watching the diff prediction rise. It started at like 31 its now 35-38 and I have a feeling when it comes for diff ride it will be at around 42-46. I thinks is on have like 5 levels in 28hrs or less. And by the looks of it, its not going to drop, slow down or stop rising anytime soon.
The higher the diff, the more miners people add, and the so called "only way" to lower it is for miners to be turned off.
So this is why i have a feeling it'll be 42-48 by the time it finLly changes.
I'm not loosing hope. The hope is there, just loosing hope of it dropping or stopping anytime soon.
My theory is, with your own miners everyone who runs more than 5th/s turn off ur miners and reduce the speed to 1-5th/s and keep ur miners ready for when and if price rises or diff shootsnthrough the roof.
Instead of adding more and more and more miners to keep up with diff, turn half your miners off so diff drops thus doubling your profit(I'm pretty sure)
We here at slushs are a family. And as a family were strong and were lucky. But diff won't drop or slow down anytime soon with more and more people turning onnmore miners.
Thanks.
You do realize there is 248 TH on the network, it will never happen. Enjoy while you can as home mining will be nothing but a hobby in the not to distant future. Just the nature of the beast.
No I do realize. But alllll of this can be fixed by people simply... Reducing there speed. That doesn't mean just slush users. It means EVERYONE. Cut urnspeed in half, save btc, increase profitability.
I understand it all, but everyone halving there speeds would double maybe triplenour profits. But since that won't happen. I guess going broke to try and make moneybis the big thing now in bitcoin world.
Hobby, it already is a hobby. And one hell of a hobby. Started a few weeks ago, made some money but seems with btc/ $ drop and diff constantly rising every single day. Maaking IT dead hard TO ROI.
Unless people were smart and and halved there.mining speed. And suffer low rewards for ahwile so we can get lower diff. Butnsince nobody seems to think like that.
SUFFER AWAY. Seems to be what everyone likes to do
Complains about slow blocks, slow or low payouts lower payouts eTC. Well. Why are you complaining...... The solutions to fix it all are out there but ppl just keep complaining or.... Let's just buy more miners increase my speed....... Causingnhigher diff causing longer blocks or smaller payouts.
I'm just in this to make a few hundred $ possibly hopefully a few thousand $$ or at least break even
FOR I have spoken my 2 sense into this.
I like this hobby, its great for my ADHD. Always got stuff to do things to check on, math tobdo. Keeps the hands and the head busy, works for me as long as I can break even and make a few bucks after that is all I care about.
