Saturday 2 December 2017

Mining difficulty and price

I’m confused. I just started cloud mining on hashflare with 1TH/s. I hit the reinvest button. It says about $725 USD per year, if mining difficulty and price are the same.

BUT

Won’t the mining difficulty be a profit obstacle even though price climbs up? This is where I’m confused. Yes the price will climb higher, but won’t it be more difficult to mine, therefore to recieve profit?

Thanks IA



Submitted December 02, 2017 at 05:33PM by joserz http://bit.ly/2iBfWMq

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