29 March, 2021 BitFuFu Analysis: BTC up, Prices up (16:30 UTC)
29 March, 2021 Revenue:
0.00000593 (f2Pool, 2.5% fee) 0.00000584 (Antpool, 4% fee) 0.00000593 (Poolin, 2.5% fee)
Fast Profitability Analysis
Today at 16:40 UTC, the price of Bitcoin surged above 57,000 again, but the prices of BitFuFu contracts were also raised. Thus, it cannot be said that now is a good time to buy, especially since we will soon expect a significant increase in the difficulty of the Bitcoin network.
The increase in network difficulty at 2 April will be around +6% and this is more significant than even the pessimistic scenario. Hopefully, such increases in network difficulty will not occur regularly, and in the next periods we will see a 0-3% increase in difficulty.