Almost 1mil

[IlbiStarz]

So it looks like we are going to hit the 1mil difficulty rate next week

Starting to doubt if I should still be mining, especially with more expensive electricity rates with Summer coming in....

[1713996200]

1713996200

[1713996200]

1713996200

[Cluster2k]

Difficulty increasing 50% every 10 days while the exchange rate is on a downward trend.  Anyone starting mining now must calculate out their machine and electricity costs with the assumption that in 2 months time they will be generating 1/10th the bitcoins they can do today, with the current exchange rate.  Making $1 per PC per day profit doesn't sound too exciting.

[Mousepotato]

So we're not allowed to mine for the fun of it? 

[Edward50]

So we're not allowed to mine for the fun of it? 

Obviously not, everybody thinks they struck gold with their mining rigs and want to become millionares.

[Edward50]

So it looks like we are going to hit the 1mil difficulty rate next week

Starting to doubt if I should still be mining, especially with more expensive electricity rates with Summer coming in....

IS the difficulty rate increasing much faster than expected? Is this because of all the recent interest?

[computerparts]

So it looks like we are going to hit the 1mil difficulty rate next week

Starting to doubt if I should still be mining, especially with more expensive electricity rates with Summer coming in....

IS the difficulty rate increasing much faster than expected? Is this because of all the recent interest?

Yes and yes

[Chucksta]

I've been mainly making money by buying BTC when the price drops, then selling when it rises, but it hasn't done that in a while

I wish someone would sell off a load of coins, so that the price drops significantly. Come on, you know you want to

Woot, price is down to just above $15 .... needs to drop some more