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Hash price not rising
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Topic: Hash price not rising (Read 479 times)
Pathi
(OP)
Sr. Member
Offline
Activity: 244
Merit: 250
Hash price not rising
November 04, 2015, 05:09:38 PM
#1
I mine on nicehash mostly. The price per rented TH has been going down slowly for about 6 months. With the price of btc rising I would expect the cost of renting to increase also. I remember when asic prices exploded during the last big run-up in price.
Am I just impatient this time?
jonnybravo0311
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Merit: 1024
Mine at Jonny's Pool
Re: Hash price not rising
November 04, 2015, 05:24:42 PM
#2
Just because how much a coin is worth is going up does not mean how much you will mine is also. As difficulty increases, the amount of coin you get per hash decreases. The fact that you can exchange that smaller amount of coin for more fiat is not relevant.
Jonny's Pool
- Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
Dalkore
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Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Re: Hash price not rising
November 04, 2015, 06:38:52 PM
#3
If I ran a cloud hosting outfit, I would not rise prices for no good reason and we still do not know if this recent price gain is sustainable.
Hosting: Low as $60.00 per KW
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BTCBinary
Hero Member
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Activity: 504
Merit: 500
Re: Hash price not rising
November 05, 2015, 12:36:12 AM
#4
The prices at Hashnest (S5) have dropped a lot. now it is already going up. The one who manged to buy low have sure made a good deal! Even still, the price is still good to buy.
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