How does difficulty impact profitability? what is the formula?

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I have an Antminer S9 ASIC miner , and I have visited this , but I want to know how difficulty may impact my profitability in the future. I would also like to estimate break even costs.

ali gh

Posted 2018-10-19T16:57:12.913

Reputation: 121

The higher the difficulty, the more work it takes to find a block. As difficulty increases, your profit will decrease – Raghav Sood – 2018-10-19T17:44:06.733

related: https://bitcoin.stackexchange.com/q/118/5406

– Murch – 2018-10-19T18:09:36.697

Answers

1

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Source: http://bitcoin.sipa.be/speed-lin.png

The difficulty growth has been slowing down over the years, but in the last year it still has about quintupled.

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Source: http://bitcoin.sipa.be/growth-10k.png

The general formula for calculating profitability is elaborated on How much Bitcoin will I mine right now with hardware X?.

Murch

Posted 2018-10-19T16:57:12.913

Reputation: 41 609

Asked: 2018-10-19T16:57:12.913

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Active: 2019-05-28T19:04:55.553