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Question: BTC not increased?
It's normal - 1 (50%)
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Author Topic: Is mining so difficult around these days?  (Read 374 times)
sleeace
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November 22, 2013, 02:43:03 AM
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I used to be miner at deepbit around 6 month ago, my speed is over 400 MH/s. I earn 0.01BTC around 1~2 day easily.

Then I start mining this week, but I noticed my BTC seems not increased any bit? It seems stopped at 0.00078662 BTC. Why? Is it so hard to get BTC these few months?
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November 22, 2013, 02:52:12 AM
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I used to be miner at deepbit around 6 month ago, my speed is over 400 MH/s. I earn 0.01BTC around 1~2 day easily.

Then I start mining this week, but I noticed my BTC seems not increased any bit? It seems stopped at 0.00078662 BTC. Why? Is it so hard to get BTC these few months?

Please refer to the difficulty history at the bottom of the page. http://bitcoinwisdom.com/bitcoin/difficulty

    Date                Difficulty           Hash Rate
Nov 17 2013       609,482,680      4,362,847 GH/s
May 25 2013        12,153,412         86,998 GH/s

I know it sounds crazy, but your current mining revenue (in terms of BTC) should be less than 1/50 (2%) compared with 6 month ago.

Kasbtc
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November 22, 2013, 03:01:52 AM
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Yep, mining difficulty has been increasing quickly since ASIC miners started rolling out.  You're not gonna get much unless you have some serious hardware, currently.
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November 22, 2013, 03:06:55 AM
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Thanks guys! It's shocking news for me. Shocked
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November 22, 2013, 03:07:29 AM
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Thanks guys! It's shocking news for me. Shocked

Fortunately, there are coins that are regularly 1000% more profitable to mine. Then you can just convert them into BTC.

See here: http://coinchoose.com/

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
sleeace
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November 22, 2013, 03:23:23 AM
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Fortunately, there are coins that are regularly 1000% more profitable to mine. Then you can just convert them into BTC.

See here: http://coinchoose.com/

Hey that's great information for me to try mining different coins. HAHA~ Wink
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