Monero XMR is still profitable to mine now, but when will the ASIC threat return?

No-time soon. Although the reward per block is down due to the price falling since our last Monero XMR Difficulty Watch post, that shouldn't deter anyone from mining Monero. Two months after the CryptoNight V7 hard fork, we now have the lowest 'Moonero' mining difficulty since December 10th, 2017!

A Focus on the Good News

With all the well-known forks behind us and less miners stacking for airdrops; the difficulty continues to fall. If we fork away ASICs and botnets every 6mos, Monero will continue to be the most decentralized altcoin and we can...

Enjoy low Monero difficulty and profitable low-end GPU mining while it lasts!

Current XMR Difficulty:

Difficulty 46.508 G -0.58% in 24 hours

Hashrate 375.183 Mhash/s -6.74% in 24 hours

Monero Mining Profitability 1.3647 USD/Day for 1 KHash/s

Reward Per Block 4.47+0.05251 XMR ($734.22 USD)

Reward (last 24h) 3,119+36.6 XMR ($512,029.2 USD)

Monero Price 1 XMR = $ 162.24 USD (2018-06-05 08:39:31)

*Chart from CoinWarz

*Data from BitInfoCharts

More Steem

Bitcoin Real Estate: 17 Room Resort for Sale in Jamaica, #1 on TripAdvisor

Interested in mining Monero XMR? Try Minergate