Mining Rigs || Ethereum Difficulty ||Shortage of GPUs

in ethereum •  7 years ago 

GPU MINING RIGS

If we go 6 years back, when people used to mine with CPU "what a time to live and mine".
there was less difficulty, high payout, no transaction delay.
When lots of people started mining then the started using GPUs which are much facter than CPU and giving higher payouts

People around the world start building mining RIGS in their garage and in their home.
In 2017 when the price of bitcoin skyrocket , lots of people started buying GPUs for mining which leads to the shortage of GPUs
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Ethereum Difficulty

Not like Bitcoin Difficulty which increases every 14 days, Ethereum difficulty changes every hours.
Right now at the time of this post the difficulty is more than 880 T, which is higest in all cryptocurrency.
On june 21 it went to 900T, Which causes proble in transaction
2017-06-23 17_35_23-Ethereum Price $334.35 USD - Ethereum Mining Info - Ethereum Difficulty - Ethere.png
But if we see the Difficulty of Ethereum of last 4 months we can clearly notics the the difficulty skyrocket.
If the difficulty still keeps rising then it will directly affect the price.The price can go down hill.


Image Source 1,2,3


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hi
how much dose it cost pls ?
i upvoted & follow too :)
thank you

Its not about the money ,its just you can't find good GPUs in the market.
They all are out of stock