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

in #monero2 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.

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

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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.

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How to cash out your Crypto? Try Spectrocoin

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Good informative post on monero

let's wait for him to have a big climb

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

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