Now that the GPU gold rush is in full effect, where will difficulty go?

[ben8jam]

Everyone, including myself, has jumped on board mining in probably the last week or less. Cards are sold out. Prices are crazy. For those who have been in the game for a while, have you see a rush like this before? And if not, is it safe to believe difficulty will jump significantly in the next month as everyone gets their rigs online?

What can we expect difficulty to be at by September 1?

[1714158660]

1714158660

[kopija]

Everyone, including myself, has jumped on board mining in probably the last week or less. Cards are sold out. Prices are crazy. For those who have been in the game for a while, have you see a rush like this before? And if not, is it safe to believe difficulty will jump significantly in the next month as everyone gets their rigs online?

What can we expect difficulty to be at by September 1?

Do not worry about difficulty until you see downward trend here:
https://coinmarketcap.com/charts/

[Vaccinus]

i doubt the difficulty can catch up with the earning anytiem soon, the earning will raise a lot more in septmber, there is plenty of investors, nowand bitcoin gettign bigger will call more investors and more profit for altcoin, gpu shortage will keep the difficulty low

[KaydenC]

Difficulty will keep going up till depreciation + electricity + rent/salary is less than revenue.

Imo, difficulity growth will almost stop when Rx570/580s makes $0.70/day , 1080ti makes $2/day.

[PanneKopp]

Taking into account the many new rigs getting online,
my guess is
the Diff. will go up to infinity within a few months (weeks?) ,
which will harm the ROI the same way,
I have seen some times before !

 

[dragonmike]

Back in 2014, it took approx 5 months for my 6x R9 280X rig to go from $50+/day to zero.

[cryptonikus]

There will always be something profitable to be mining. GPU companies will make sure of that.

Difficulty will keep going up till depreciation + electricity + rent/salary is less than revenue.

Imo, difficulity growth will almost stop when Rx570/580s makes $0.70/day , 1080ti makes $2/day.

Just curious how much do you pay for kw/h?