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In today’s video, I wanted to talk about how the rising Bitcoin difficulty can impact your mining contracts. Today the Bitcoin difficulty went up around 18% which caused my daily profits on my Hashflare bitcoin cloud mining contracts to drop by about 13-14%. This is just another reason why you need to reinvest at least some of your profits back into your mining contracts to combat the Bitcoin mining difficulty increase.
In my videos, I teach you how to mine Ethereum, Bitcoin, Litecoin, Dash, ZCash and many more coins. I have many how-tos on mining altcoins like Ethereum, along with guides on setting up wallets for altcoins. I also discuss many cloud mining sites such as Hashflare and Genesis Mining. With Hashflare and Genesis Mining cloud mining services you can start mining Ethereum, Bitcoin and other coins without any equipment of your own. Check out my video playlists and other videos for more information.