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Title: Price sensitivity Post by: yochdog on September 09, 2011, 05:13:04 PM It looks like we have reached a point (with BTC around $5-6) where marginal miners really start to shut it down.
Just watching the Deepbit hash rate the last couple days has shown a drop of almost 600 GH/s! That is a massive amount of mining power going by the way-side. I think it will be interesting to see if that is a permanent loss of miners (ie, selling their equipment), or if most will stand by, and turn them back on at higher prices. I suppose the silver lining is that my 10,000 MH/s now comprises a larger slice of the pie. More BTC for me! Title: Re: Price sensitivity Post by: jjiimm_64 on September 09, 2011, 05:22:18 PM hmmm, <- wondering if I should go proportional again? :)
numbers from ars is nice and steady Current Hashrate: 16154 MH/s Paid Work Last 24h: 8.10731181 BTC |