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Title: [2016-03-08] Bitcoin mining difficulty goes down first time in 8 months Post by: smartgerman on March 08, 2016, 08:27:39 AM Bitcoin mining difficulty goes down first time in 8 months
In the last adjustment, bitcoin mining difficulty fell 3.1%, dropping to 158.4 billion. It has been constantly on increase since June 2015, growing by 231%. http://www.coinfox.info/news/5022-bitcoin-mining-difficulty-goes-down-for-the-first-time-in-eight-months Title: Re: [2016-03-08] Bitcoin mining difficulty goes down first time in 8 months Post by: 1Referee on March 08, 2016, 09:58:32 AM There is no real benefit when the difficulty goes down a few % for one month only. If it goes down several months in a row, then yes, it's quite news worthy, but this really isn't. Difficulty goes down a bit, other miners turn on their beasts, and the difficulty will go back up. Gone decrease.
Title: Re: [2016-03-08] Bitcoin mining difficulty goes down first time in 8 months Post by: Lethn on March 08, 2016, 10:07:29 AM Yeah, it's like with CNBC when they report on a 0.75% uptick in the markets, it's so utterly meaningless you wonder why they even waste their time, if the overall trend is up or down that's borderline misinformation if you don't provide long term data to go with it.
The mainstream news sites for example are always fishing for positive data so they'll scream about how the S&P has gone up slightly but stay noticably quiet and try to downplay it if there's a large drop in the markets. |