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Bitcoin => Bitcoin Discussion => Topic started by: hmblm1245 on August 07, 2011, 08:39:52 PM



Title: Network Hashrate down to 13.60. Any thoughts?
Post by: hmblm1245 on August 07, 2011, 08:39:52 PM
Its been a while since we have had 13.60. Any thoughts?


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: OgNasty on August 07, 2011, 08:43:42 PM
Its been a while since we have had 13.60. Any thoughts?

Price is driving away speculative miners.  Now you'll see difficulty and price drop until all is consolidated and then we'll take the next up leg.


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: bb on August 07, 2011, 08:44:47 PM
Yeah, it was expected.


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: kokjo on August 07, 2011, 08:46:18 PM
it must be the government who is trying to shutdown bitcoin, by taking out miners one by one.

be careful you miners, it might be you next.
 


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: hmblm1245 on August 07, 2011, 08:51:56 PM
Anyone else hoping most miners will drop out and the ones left will be around for the surge up in price?


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: evoorhees on August 07, 2011, 08:52:55 PM
Of course the least profitable miners will drop as price falls. More miners will join when price rises. Everyone should understand and expect that relationship- there's nothing wrong or concerning about it.


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: Seraphim401 on August 07, 2011, 08:53:37 PM
It was around 11 at some point yesterday.


Title: Re: Network Hashrate down to 13.60. Any thoughts?
Post by: ampirebus on August 07, 2011, 09:04:23 PM
Its been a while since we have had 13.60. Any thoughts?

you forgot to put what the hash rate was before or is down from... and its at 12.8 now