Mining profits over the next six months...

[notlist3d]

The biggest longer-term factor is that ASIC technology for Bitcoin is getty very very close to the current state-of-the-art - which means that "new generations" of ASIC won't be happening on an every year basis any more, past the final jump to full-custom 14/16NM that will probably happen next year, likely late in the year.

 I suspect 2017 will show the lowest diff increase rate and greatest stability of difficulty of all time for Bitcoin, after a wild ride the rest of 2015 and most or all of 2016.

 The next 6 (and 12 and probably 18ish) months in Bitcoin mining look to be "interesting times".

Sounds like you think the price will remain stable?  What would happen to your 2017 prediction if the market rate hits $4,000 in 2016?

 $4000? I doubt we'll see that in the next 20 years, much less the next decade or sooner.
 $1000? Perhaps within a decade, but doubt that will happen again before the end of 2020.

the value of bitcoin is very predictable, now can you tell me, that you were expecting the 1200 value(the last ath) to be reached in 2013? i guess no, no one was expecting it

1k or 4k, are nothing if there are the right demand behind it, we can hit that on the next halving quite easily

It never truly reached 1200, or 1000 or 600. It was false trade data ramping up the BTC value. The price value was based on false confidence, therefore it would be a fallacy to include the mt-gox portion of BTC history as a valid comparison.

We'll be lucky if we're at stable over 300$ by halving. 400$ sound doable with speculative value of BTC raising due to halving. 600$ would be a stretch. Trust is only built slowly.

All the credit can't be given to MT Gox.  I mean many of us back then were purchasing for high prices and felt it was justified at the time.  Luckily I invested mine in mining equipment over just straight BTC or would have lost.   If you do not include Mt Gox it's not a fallacy but editing bitcoins history.  There had to be customers purchasing at those prices... it was not all bot.

But it's harc to say what will happen at having or before.  There is nothing to justify it will or wont be 600.  It's a guess at best.  Right now we have a slow moving upward trend.... that looks very nice.   

[Bitcoininspace]

I've noticed recently that mining profits in Bitcoin have gone down.  They are still the same in USD, if not more, but slightly lower on a BTC basis.  I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin.  If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections?  I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it.  Thanks!

It is not easy to predict 6 month's away. In mining time this is a LONG LONG time.  We try to predict it weekly and even then there are surprises.

With difficulty it will go down in 6 months.  But how much no one can say for sure.  If we knew there would not be speculation.

Why would you think difficulty will go down?

In my opinion the price won't be dropping under 200$ anymore, and with the halving coming up soon I predict a change in price a couple months before that. The price will at least double before the halving I believe and thus mining will either stabalize or increase as more people buy new mining equipment and try to ROI asap.

Some will sell, like they do on a daily basis, most will hold, and some but not few will hold even if btc price doubles cause they know the sky is the limit.

[YuginKadoya]

I've noticed recently that mining profits in Bitcoin have gone down.  They are still the same in USD, if not more, but slightly lower on a BTC basis.  I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin.  If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections?  I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it.  Thanks!

6 months is a huge amount of time to speculate if it is profitable, and there are lots of variables to settle before doing it
first the amount of investment you will give in mining, how much resources you will give, the payment for expenses, and the number of miner you would use! I think you can profit for 4 to 5 months max if you can have the best equiptment and knowledge for mining, and add to this the weather conditions to can give a great advantage or disadvantage to you, (summer, winter, etc....)

[notlist3d]

I've noticed recently that mining profits in Bitcoin have gone down.  They are still the same in USD, if not more, but slightly lower on a BTC basis.  I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin.  If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections?  I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it.  Thanks!

It is not easy to predict 6 month's away. In mining time this is a LONG LONG time.  We try to predict it weekly and even then there are surprises.

With difficulty it will go down in 6 months.  But how much no one can say for sure.  If we knew there would not be speculation.

Why would you think difficulty will go down?

In my opinion the price won't be dropping under 200$ anymore, and with the halving coming up soon I predict a change in price a couple months before that. The price will at least double before the halving I believe and thus mining will either stabalize or increase as more people buy new mining equipment and try to ROI asap.

Some will sell, like they do on a daily basis, most will hold, and some but not few will hold even if btc price doubles cause they know the sky is the limit.

That sounds wrong's after re-reading.  It should be profit goes down in 6 months not difficulty.   It's guaranteed in the next 6 months you will get less and less BTC for mining since difficulty.   

We don't know price so value is still hard to predict.

[notlist3d]

I've noticed recently that mining profits in Bitcoin have gone down.  They are still the same in USD, if not more, but slightly lower on a BTC basis.  I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin.  If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections?  I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it.  Thanks!

It is not easy to predict 6 month's away. In mining time this is a LONG LONG time.  We try to predict it weekly and even then there are surprises.

With difficulty it will go down in 6 months.  But how much no one can say for sure.  If we knew there would not be speculation.

Why would you think difficulty will go down?

In my opinion the price won't be dropping under 200$ anymore, and with the halving coming up soon I predict a change in price a couple months before that. The price will at least double before the halving I believe and thus mining will either stabalize or increase as more people buy new mining equipment and try to ROI asap.

Some will sell, like they do on a daily basis, most will hold, and some but not few will hold even if btc price doubles cause they know the sky is the limit.

That sounds wrong's after re-reading.  It should be profit goes down in 6 months not difficulty.   It's guaranteed in the next 6 months you will get less and less BTC for mining since difficulty.   

We don't know price so value is still hard to predict.

Today is the perfect example of why 6 month is hard if not impossible to predict.  We are at 264 right now.

Who would have guessed the increase in 24 hours?  Not many so we really can't guess 6 months with accuracy. Even with the best speculation.

[knowhow]

The biggest longer-term factor is that ASIC technology for Bitcoin is getty very very close to the current state-of-the-art - which means that "new generations" of ASIC won't be happening on an every year basis any more, past the final jump to full-custom 14/16NM that will probably happen next year, likely late in the year.

 I suspect 2017 will show the lowest diff increase rate and greatest stability of difficulty of all time for Bitcoin, after a wild ride the rest of 2015 and most or all of 2016.

 The next 6 (and 12 and probably 18ish) months in Bitcoin mining look to be "interesting times".

Sounds like you think the price will remain stable?  What would happen to your 2017 prediction if the market rate hits $4,000 in 2016?

 $4000? I doubt we'll see that in the next 20 years, much less the next decade or sooner.
 $1000? Perhaps within a decade, but doubt that will happen again before the end of 2020.

the value of bitcoin is not very predictable, now can you tell me, that you were expecting the 1200 value(the last ath) to be reached in 2013? i guess no, no one was expecting it

1k or 4k, are nothing if there are the right demand behind it, we can hit that on the next halving quite easily

Bitcoin will only get biger value as bitcoin brings new investments inside,new members,the beneficts we know but the rest of the world dont,bitcoin get mainstream will lead into an incorporation of value,the sky is the limit and we dont know when it will moove.