Your NOT so daily 1080TI profit report

[Tonic1080]

A little something I threw together for the market speculation thread but is of interest over here also…

@Tonic1080

Update of Network and Market Statistics:

The following are all based on the average from the last 7 days (so eliminating impact of daily/hourly volatility in measurements) vs. 30 and 90 days ago…

Difficulty:

Difficulty has increased 25.3% vs. the same period 30 days ago.
Difficulty has increased 5.3% vs. the same period 90 days ago. (much higher price, see below)

Market Price:

Price has decreased 30.6% vs. the same period 30 days ago.
Price has decreased 41.8% vs. the same period 90 days ago.

Price:Difficulty Ratio (Mining Earnings Ratio) :

P:D Ratio has decreased 44.6% vs. the same period 30 days ago.
P:D Ratio has decreased 44.7% vs. the same period 90 days ago.

The Price:Difficulty ratio over a period of time is an important measurement because difficulty changes have by far the highest correlation with market price. Price goes up, difficulty goes up, and vice versa. This measurement represents the general compensation motivation of the mining community to provide hashing-power to Zcash. It’s significant drop with the significant increase in difficulty is what is expected to happen when ASICs are announced and released on any crypto network. This period measured represents the period of time that public disclosure of the ASIC mining happened.

The short of it, mining earnings as represented by the Price-to-Difficulty ratio (earnings vs output) has decreased about 45% in the last month.