The difficulty of mining is falling due to the drop in prices

in #bitcoin6 years ago

Difficulties down.jpg

The mining difficulty in the Bitcoin network is starting to drop.
The first fall was recorded already in October.
However, in November the declines are significantly higher.

https://www.coinwarz.com/difficulty-charts/bitcoin-difficulty-chart
btc.jpg

The difficulties with mining in the Ethereum network are also falling.
However, the decline has been occurring for a long time.
However, November drops are also much higher.

https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
eth.jpg

What is the limit of the profitability of mining?

To a large extent it depends on the price of electricity.
Despite everything, the decreasing difficulty will attract miners.

Sort:  

Congratulations @maneki-neko2! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 50 upvotes. Your next target is to reach 100 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support SteemitBoard's project! Vote for its witness and get one more award!