Will home mining become a myth in 2016 ?

[winspiral]

The way bitcoin difficulty is jumping up, do you think any new entrant will be able to mine profitably from home ?

https://bitcoinwisdom.com/bitcoin/difficulty

I think, mining will belong to server firms. People interested in mining would be forced to opt in cloud mining.

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

[wikenpp]

My prediction is that home mining will be over after the block halving.
The new gear is getting more and more expensive these days

And then there is the fact the the difficulty is getting higher and higher.

[bitlancr]

When the home miners are force to stop that day would be a black day for bitcoin. It's the home miners that keep bitcoin decentralized.
So far i still think the miners are able to mine with profit when the block halving will come in july.

[notlist3d]

i always thought those ant miners  the THS s5 s6 s7 could pay if no much eletrecity cost

I think you are trying for posts possibly for sig campaign.  This post just really does not make sense read it, and it appears you have a TON of 1 liner posts.

Add to that the fact there is no S6... so fact's are wrong.  Post does not make sense.   I think you could have went without posting.

[QuintLeo]

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

 That's not mining, that's barely even being a "lottery" player.

[winspiral]

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

 That's not mining, that's barely even being a "lottery" player.

No...it's not a "lottery player" because I do not mine solo...I mine in pools.
I mine more for testing how the pools work.
Perhaps I will never see a single satotoshi from my mining in many pools...but it does not matter.

But I hope a payout from CKPool where I have "accumutated" more than 10000 satoshi now.
It is why I propose the "co-mining" service.

[Atomicat]

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

 That's not mining, that's barely even being a "lottery" player.

No...it's not a "lottery player" because I do not mine solo...I mine in pools.
I mine more for testing how the pools work.
Perhaps I will never see a single satotoshi from my mining in many pools...but it does not matter.

But I hope a payout from CKPool where I have "accumutated" more than 10000 satoshi now.
It is why I propose the "co-mining" service.

There is no point in mining such low amounts with any hardware because the mined amount will never be able to cover the electric costs.

Browsing a few faucets might get you 10000 satoshis faster than waiting for a payment from CKPool.

[Kisleav]

I think it will perish due to the costs incurred in home mining. Electricity, mentaince of manchines and  more

[LuckyYOU]

I think it will perish due to the costs incurred in home mining. Electricity, mentaince of manchines and  more

I may or may not perish, it's what the market will decide in july.
Having some S7's, the current price makes it hard for me to keep on mining.

I do feel though we are in from a price rally in 2016, which could change a lot.
Because let's be honest. Bitcoin needs home miners to stay decentralized....

[Searing]

I think it will perish due to the costs incurred in home mining. Electricity, mentaince of manchines and  more

I may or may not perish, it's what the market will decide in july.
Having some S7's, the current price makes it hard for me to keep on mining.

I do feel though we are in from a price rally in 2016, which could change a lot.
Because let's be honest. Bitcoin needs home miners to stay decentralized....

only option i see for home mining is what i already do with titans (ltc to btc)

supposedly 512mh units 1150w at 4950 (alcheminer II) say in 4-5 months...

but for that to work btc and ltc price will have to rise..then maybe you could home mine yet...but at 4950 bucks not sure

anyway what i've done ..mined ltc in 2015 at like 1.40 usd or so ....held it ....xfered it to btc when over 0.01 ltc to btc rinse/wash/repeat

nov 2013 titans (1 new 1 used) 2015.....still making at 3.20 usd per ltc 380 a month after electric ( i eat elec and hold)

anyway only way i see it working for a home miner ....scrypt to sha256 or in my case .... ltc to btc

[winspiral]

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

 That's not mining, that's barely even being a "lottery" player.

No...it's not a "lottery player" because I do not mine solo...I mine in pools.
I mine more for testing how the pools work.
Perhaps I will never see a single satotoshi from my mining in many pools...but it does not matter.

But I hope a payout from CKPool where I have "accumutated" more than 10000 satoshi now.
It is why I propose the "co-mining" service.

There is no point in mining such low amounts with any hardware because the mined amount will never be able to cover the electric costs.

Browsing a few faucets might get you 10000 satoshis faster than waiting for a payment from CKPool.

I do not understand...
I can waiting the 10000 satoshi (almost 20000 now) and browing faucets...
I can not understand that here people believe always that it is impossible to do several things at the same time.
and mining has no real cost when it is cold...
it is the same with my aquariums...The electricity paid for heating the water heaths as well my room...

[notlist3d]

I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)

 That's not mining, that's barely even being a "lottery" player.

No...it's not a "lottery player" because I do not mine solo...I mine in pools.
I mine more for testing how the pools work.
Perhaps I will never see a single satotoshi from my mining in many pools...but it does not matter.

But I hope a payout from CKPool where I have "accumutated" more than 10000 satoshi now.
It is why I propose the "co-mining" service.

There is no point in mining such low amounts with any hardware because the mined amount will never be able to cover the electric costs.

Browsing a few faucets might get you 10000 satoshis faster than waiting for a payment from CKPool.

I do not understand...
I can waiting the 10000 satoshi (almost 20000 now) and browing faucets...
I can not understand that here people believe always that it is impossible to do several things at the same time.
and mining has no real cost when it is cold...
it is the same with my aquariums...The electricity paid for heating the water heaths as well my room...

I would not say no cost when it comes to miners even in cold.  I consider my self a hobby miner, and I can tell you it is not free my electricity is a good bill. 

I also have a mining area as it's much easier to do with more gear, instead of putting 1/2 in each room.  So I don't get heat unless I bring one in the house area.  Even then I'm still paying for the heat it makes.  Just makes it where heater can be lower.   

Far from free though.

[Scorpian]

No... Many people still do it as a hobby.