Bitcoin difficulty estimate future ss
Written by the Anything Crypto team We first discovered Bitcoin in lateand wanted to get everyone around us involved. Sep - As we write new content, we will update this disclaimer to encompass it. In it took around 11 months for the difficulty to double, in early around 6 months, in late around 8 months and then in between months. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can't afford to lose - you should be prepared to sustain a total loss of all invested money.
For a smaller miner running just a few Antminers or some cloud mining, this would be less of an issue. May 5th, What is the Antminer Z9 Mini? Right now, in DecemberBitcoin is very popular, with thousands of new investors and miners every day - so significant difficulty increases are to be bitcoin difficulty estimate future ss. This last argument in particular is bitcoin difficulty estimate future ss speculative, so be aware that for a worst-case scenario if Bitcoin's price was to fall for a long-period of time, even if you had cheap electricity, there's a risk that mining it would no longer be profitable. The key relationship here is that the amount of new hardware becoming available is strongly linked to the demand for it.