I see that even after the most recent bubble burst this winter, mining investments haven't slowed down at all, and the difficulty is now like 5 times higher than at the time of ATH price. The mining profitability is lower than ever before, even though the hardware hasn't gotten that much more efficient in the last year or two. I don't understand how it all adds up. Are the large scale miners actually making money or are they just betting on the price going back up soon before they run out?
Submitted October 02, 2018 at 04:50AM by iwakan http://bit.ly/2xVhwgF
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