22 June, BitFuFu Revenue and Why am I glad that some of my mining contracts have stopped working?
22 June, 2021 BTC Revenue:
0.00000670 (0% Pool Fee) PPS mining earning: 0.00000631 Transaction reward: 0.00000039
0.00000643 (f2Pool, 4% fee) 0.00000642 (Antpool, 4% fee) 0.00000646 (Poolin, 4% fee)
Best BTC Settings:
f2pool + Cobo Wallet (internal BitFuFu balance)
Suspension of a part of mining contracts
Currently my account has a hashpower of 1210 TH/s. Last night 690 TH/s was disconnected from work, 520 TH/s remained in operation.
Is it that bad? Let's figure it out.
I bought these contracts mainly at the end of May, when the purchase of the contracts was at the peak of the expected yield. And I preferred to buy 60-day contracts.
Now, these contracts have already worked for 31 days and have 29 days left. Over the past day on the current network difficulty, these contracts were bringing me 0.00260000 BTC on average.
My guess is that by July 1, the Network Difficulty will change by -18%, which will lead to an increased profitability of the contracts. Also, since the trend is now intensely downward, it can be assumed that by July 15, we will expect a decrease in network difficulty.
Thus, all 30 days of July will have higher returns than the end of June.
Thus, I am glad that the work of some of my contracts has been stopped. Better they work 29 days in July than 20 days in July and 9 days in June.
Do you understand what the idea is?
I expect that the network difficulty will be able to return to April values only within 5-6 months. Currently showing a downtrend at -15.4%. I expect Network difficulty to decrease by 18-20% by July 1st.
22 June, 2021 ETH Revenue:
0.00032788 (Antpool,1.5% fee, per 10 MH/s) PPS mining earning: 0.00025976 Transaction reward: 0.00006813 Network Difficulty: 6552585999312365
Best ETH Settings:
Antpool + Cobo Wallet (internal BitFuFu balance)