XMR Mining Difficulty at Lowest Since November 2017 | Monero Difficulty Watch e6🕵️

in #monero6 years ago (edited)

Monero XMR is still profitable to mine but when will the ASIC threat return?

Hopefully, never. Monero XMR's difficulty has been on a consistent decline since the CryptoNightv7 hardfork and there's only about 3 months left until the next scheduled anti-ASIC fork. Although we've seen the return of FPGA mining; true ASICs may no longer be feasible mining XMR, given the 6mos mining window.

IMG-20180618-WA0004.jpg

We now have the lowest 'Moonero' difficulty since November 2017!

IMG-20180618-WA0000.jpg

Focus on the Good News

Hardpressed to find any good news regarding prices and caps in the current market. The reward per block is down due to the market-wide sell-off since the previous Monero XMR Difficulty Watch post, but that shouldn't deter anyone from mining Monero with it's current profitability.

$XMR Mining is a great way to hedge and grow your portfolio in a bear market.

Known for being mined on just about anything; by forking away ASICs and botnets every 6mos, Monero XMR will maintain it's dominance in the privacy coin sector and continue to be the most decentralized altcoin. Other coins I hodl in the sector include DigitalNote $XDN, Dash $DASH and Linda $LINDA.

Current XMR Difficulty:

Difficulty 47.657 G +7.38% in 24 hours
Hashrate 400.452 Mhash/s +0.46% in 24 hours
Monero Mining Profitability 1.0301 USD/Day for 1 KHash/s

Reward Per Block 4.39+0.04065 XMR ($567.8 USD)
Reward (last 24h) 3,189+29.51 XMR ($412,490.68 USD)

Monero Price 1 XMR = $ 128.15 USD (2018-06-18 22:51:25)

*Chart from CoinWarz
*Data from BitInfoCharts

Let's enjoy the low Monero difficulty and profitable GPU mining while it lasts!


More Steem


Interested in mining Monero XMR? Try Minergate.

CROPPED_9GwNo4J.png

How to cash out your Crypto? Try Spectrocoin

DQmXnWeEUFhNgRoanPWZ7o1sqWfUyZhjEn2NPcBXg4KFc9t_1680x8400 (1).png

Sort:  

let's wait for him to have a big climb

🙏😀 ... the climb It's coming any day now!

Good informative post on monero

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

Congratulations @donald.porter! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


You can upvote this notification to to help all Steemit users. Learn why here!