Monero mining effort network hits 83 MH/second, difficulty above 10 billion, reward below 8.0

 

This image speaks volumes of where we are today, April 9, 2017.  Monero is getting ready for the next hard fork which will enable Ring CT transactions which will increase privacy of senders and receivers of XMR cryptocurrency.  Hash rate up, difficulty up, reward down.  What does all this new mining interest mean?  Are more people becoming aware of Monero’s potential?  Are these new miners or veterans?  Current market price is around $21.00.  I can’t say for certain what the price will be in the future, but if you see a trend then follow it.  One year ago (2016) Monero was selling for about $3 and a year before that you could get them for around 60 cents each.  Get mining today or buy some for a rainy day.

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