My bitcoin reward keeps decreasing!?

[Stedsm]

Next year July guys,  the block halves, be ready.

Chaos.. No one is ever going to ROI again.

[HeroCat]

The difficulty has increased, and your daily mining is less profitable, simple as that 

[ChuckBuck]

The difficulty has increased, and your daily mining is less profitable, simple as that  

If you want to get technical, the difficulty has actually decreased the last two periods and is on pace for a third straight decrease:

Code:

Difficulty History

Date	Difficulty	Change	Hash Rate
Dec 17 2014	39,457,671,307	-1.37%	282,449,013 GH/s
Dec 02 2014	40,007,470,271	-0.73%	286,384,627 GH/s
Nov 18 2014	40,300,030,328	1.76%	288,478,854 GH/s
Nov 05 2014	39,603,666,252	10.05%	283,494,086 GH/s
Oct 23 2014	35,985,640,265	2.81%	257,595,247 GH/s
Oct 09 2014	35,002,482,026	0.98%	250,557,526 GH/s
Sep 25 2014	34,661,425,924	16.20%	248,116,151 GH/s
Sep 13 2014	29,829,733,124	8.75%	213,529,547 GH/s
Aug 31 2014	27,428,630,902	15.03%	196,341,788 GH/s
Aug 19 2014	23,844,670,039	20.86%	170,686,797 GH/s
Aug 08 2014	19,729,645,941	5.30%	141,230,307 GH/s
Jul 25 2014	18,736,441,558	8.08%	134,120,673 GH/s
Jul 12 2014	17,336,316,979	3.08%	124,098,191 GH/s
Jun 29 2014	16,818,461,371	24.93%	120,391,236 GH/s
Jun 18 2014	13,462,580,115	14.51%	96,368,902 GH/s
Jun 05 2014	11,756,551,917	12.44%	84,156,677 GH/s
May 24 2014	10,455,720,138	18.10%	74,844,960 GH/s
May 12 2014	8,853,416,309	10.66%	63,375,223 GH/s
Apr 29 2014	8,000,872,136	14.64%	57,272,474 GH/s
Apr 17 2014	6,978,842,650	14.04%	49,956,502 GH/s
Apr 05 2014	6,119,726,089	22.23%	43,806,706 GH/s
Mar 24 2014	5,006,860,589	17.80%	35,840,504 GH/s
Mar 13 2014	4,250,217,920	11.39%	30,424,245 GH/s
Feb 28 2014	3,815,723,799	21.92%	27,314,015 GH/s
Feb 17 2014	3,129,573,175	19.39%	22,402,357 GH/s
Feb 05 2014	2,621,404,453	19.49%	18,764,744 GH/s
Jan 24 2014	2,193,847,870	22.59%	15,704,175 GH/s
Jan 13 2014	1,789,546,951	26.16%	12,810,076 GH/s
Jan 02 2014	1,418,481,395	20.12%	10,153,885 GH/s
Dec 21 2013	1,180,923,195	30.01%	8,453,378 GH/s
Dec 10 2013	908,350,862	28.41%	6,502,229 GH/s
Nov 29 2013	707,408,283	16.07%	5,063,826 GH/s
Nov 17 2013	609,482,680	19.29%	4,362,847 GH/s
Nov 05 2013	510,929,738	30.70%	3,657,378 GH/s
Oct 26 2013	390,928,788	46.02%	2,798,377 GH/s
Oct 16 2013	267,731,249	41.45%	1,916,495 GH/s
Oct 06 2013	189,281,249	27.19%	1,354,928 GH/s
Sep 25 2013	148,819,200	32.13%	1,065,289 GH/s
Sep 14 2013	112,628,549	29.56%	806,227 GH/s
Sep 04 2013	86,933,018	32.22%	622,291 GH/s
Aug 24 2013	65,750,060	29.40%	470,657 GH/s
Aug 13 2013	50,810,339	35.88%	363,715 GH/s
Aug 03 2013	37,392,766	19.63%	267,668 GH/s
Jul 22 2013	31,256,961	19.47%	223,746 GH/s
Jul 11 2013	26,162,876	22.63%	187,281 GH/s
Jun 29 2013	21,335,329	10.32%	152,724 GH/s
Jun 16 2013	19,339,258	23.92%	138,436 GH/s
Jun 05 2013	15,605,633	28.41%	111,709 GH/s
May 25 2013	12,153,412	8.64%	86,998 GH/s

Though yes, the point you were trying to make is network hash rate growth is exponentially increasing, even with the 3 most recent difficulty decreases, though it seems we may reach a point of equilibrium in the not so distant future.

For the noobs, there's too many dudes mining the same gold nugget, that you only end up with gold dust on your pickaxe.  Biggest pickaxe gets the biggest chunk.

[sakira]

because difficult bitcoin increasingly rising.

I was so. income from 0.0017 is now just getting 0.00025

[Mobius7]

Next year July guys,  the block halves, be ready.

Chaos.. No one is ever going to ROI again.

Nope it is not. The next block halving is going to happen around July 2016 instead. So we are going to continue having a 25 block reward for one and a half year.

[Bananana]

Next year July guys,  the block halves, be ready.

Are you sure its next year july? I though its 2016 july which is about 1 and half year from now.

[valvalis]

the higher the difficulty the lower the rewards.  you can use a profitability calculator to estimate your reward

and also you should keep increasing your hashrate constantly.
the bigger network the less your propotion rewards.

[yenzae0215]

Next year July guys,  the block halves, be ready.

Are you sure its next year july? I though its 2016 july which is about 1 and half year from now.

what is the effect of that?

[SirChiko]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

No it isn't problem with your hardware the total hashrate of network and diff is increasing so you still own lower and lower percentage of mining power wich maked you earn way less coins.

[fildza]

Did you just mine without understand about mining? Difficulty keep increasing. You not get same btc everyday dude

[Agestorzrxx]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

the hash rate is increasing. It is hard and hareder to mine bitcoin.

[sifter]

Next year July guys,  the block halves, be ready.

Chaos.. No one is ever going to ROI again.

Nope it is not. The next block halving is going to happen around July 2016 instead. So we are going to continue having a 25 block reward for one and a half year.

Whoops  I seem to have jumped the gun.

Well it's almost 2015 so we're getting close.

[Sonny]

Next year July guys,  the block halves, be ready.

Are you sure its next year july? I though its 2016 july which is about 1 and half year from now.

what is the effect of that?

Miners will get just 12.5 btc + tx fee after halving, so older ASICs will not be profitable to run.
Some miners may shut down their ASICs. Those planning to buy ASICs may switch to buy bitcoin directly as well.

[sgk]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

The number of people mining Bitcoins keeps increasing, but the reward stays at 25 BTC / block.
This gives everyone less Bitcoins as time passes.

Unless the number of people (total hashrate) decreases, this is bound to happen this way.

[Pierre11]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

The number of people mining Bitcoins keeps increasing, but the reward stays at 25 BTC / block.
This gives everyone less Bitcoins as time passes.

Unless the number of people (total hashrate) decreases, this is bound to happen this way.

Hash rate is actually going down, so rewards might increase in the future.

[Vod]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

I used to make 5 bitcoins per minute (no joke!).  Now, with the same hardware I couldn't make one bitcoin in a decade.   

[CrackedLogic]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

I used to make 5 bitcoins per minute (no joke!).  Now, with the same hardware I couldn't make one bitcoin in a decade.   

I used to have a 50GH/s asic that could pull just over 1.5 bitcoins a month. If I still had it now it would be making just enough to cover the tx fee

[sgk]

So I've been mining for about 2-3 months non-stop using 4 antminer U2's and when I first started out I was getting a little over 0.00002000 BTC , now I'm only getting 0.00001300 is there any reason? I'm using a raspberry pi as the controller hub all of my miners are at 2 giga hashes and don't really fluctuate. The only thing I could think of is my pool which is shush pool.
Please help!

I used to make 5 bitcoins per minute (no joke!).  Now, with the same hardware I couldn't make one bitcoin in a decade.   

Man, you're just making me go crazy. I wish I had woke up early to Bitcoin mining!

How would it feel to have thousands of BTC sitting in a  USB drive somewhere in the corner of my desk? 

[Corenin]

your rewards decreasing because the time you started mining difficulty was lower then now
as difficulty for bitcoin mining rise , mining rewards for your hardware keep decrease

[Small]

Yes, as what other people said,
difficulty makes mining bitcoin for your bitcoin miner harder, therefore you get less rewards in the given time.

Since that's how Bitcoin and the miner community is, it's a lot more profitable if you moved your hashing power to
a different cryptocurrency (SHA 256 that is) since you can get a lot more of the coins and just exchange it for
a better value than you are getting with mining bitcoin.