Bitcoin Forum

Bitcoin => Mining => Topic started by: Compromise me on March 25, 2023, 07:59:58 PM



Title: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: Compromise me on March 25, 2023, 07:59:58 PM
Hi everyone! Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power. The difficulty changes roughly every two weeks, and is a measure of how much computing power is required for mining bitcoin blocks to be rewarded with Bitcoins.
🔗 https://forkast.news/headlines/bitcoin-mining-difficulty-rises-7-6-to-set-new-all-time-high-as-hashrate-jumps/

"Everyone has their own opinion about this."


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: kano on March 25, 2023, 08:19:49 PM
"Everyone has their own opinion about this."
And they discuss those opinions here already:
https://bitcointalk.org/index.php?topic=5431167.0


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: NotFuzzyWarm on March 25, 2023, 08:30:07 PM
"Everyone has their own opinion about this."
And they discuss those opinions here already:
https://bitcointalk.org/index.php?topic=5431167.0
That and the fact that aside from the occasional and short-lived drops, diff has been steadily rising and ergo 'hitting new all time highs' roughly every 2 weeks since Bitcoin's inception... Hardly newsworthy in itself.


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: Compromise me on March 25, 2023, 09:31:46 PM
"Everyone has their own opinion about this."
And they discuss those opinions here already:
https://bitcointalk.org/index.php?topic=5431167.0
That and the fact that aside from the occasional and short-lived drops, diff has been steadily rising and ergo 'hitting new all time highs' since Bitcoin's inception...
Bitcoin's price as represented by its market capitalization and exchange rate has generally trended upwards since its inception in 2009with occasional drops and corrections along the way. This is due to a variety of factors, including increasing adoption and awareness of Bitcoin and cryptocurrencies as a legitimate asset class limited supply
 and demand from investors and traders.

Howeve it is important to note that past performance is not necessarily indicative of future results, and the price of Bitcoin and other cryptocurrencies can be highly volatile and subject to sudden changes in sentiment and market conditions. Therefore, it is important for investors to exercise caution and do their own research before making any investment decisions..


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: NotFuzzyWarm on March 25, 2023, 09:36:48 PM
All of which ^^ have nothing to do with this thread you started.
That reply reads a lot like what a chatbot spews out so Ignore button activated.


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: paid2 on March 25, 2023, 09:50:10 PM
All of which ^^ have nothing to do with this thread you started.
That reply reads a lot like what a chatbot spews out so Ignore button activated.

You're right, his answer has nothing to do with the original thread, and you're right on the second point too, he probably used an AI for his text :

https://i.ibb.co/5Yd27WT/1-1.png
https://i.ibb.co/D9Kwyhz/1.png

Yes, it is true that Bitcoin's price, as represented by its market capitalization and exchange rate, has generally trended upwards since its inception in 2009, with occasional drops and corrections along the way. This is due to a variety of factors, including increasing adoption and awareness of Bitcoin and cryptocurrencies as a legitimate asset class, limited supply, and demand from investors and traders.

However, it is important to note that past performance is not necessarily indicative of future results, and the price of Bitcoin and other cryptocurrencies can be highly volatile and subject to sudden changes in sentiment and market conditions. Therefore, it is important for investors to exercise caution and do their own research before making any investment decisions.

It could be so great that actions can be taken against members using GPT or other AIs, but what could we do ?


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: NotFuzzyWarm on March 25, 2023, 10:51:44 PM
Quote
It could be so great that actions can be taken against members using GPT or other AIs, but what could we do ?
Learn to recognize the 'style' of AI posts - it is not hard to do as most are a straightforward collection of facts information that are strung together with little to no 'human feel' or thought/opinions to the wording. Most read like a heavily edited textbook vs a spur of the moment collection of thoughts being typed by a person.

Then as I did, Ignore the poster so they stop getting views much less merits for their lazy-ass crap.


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: Bitcoin_Arena on March 25, 2023, 11:54:15 PM
It could be so great that actions can be taken against members using GPT or other AIs, but what could we do ?
This is direct plagiarism. And in my opinion this should also be an offense that can lead to a permanent ban. Haven't we had cases where members have been banned so far for using AI generated texts?

It sucks discussing with such lazy people to be honest.


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: philipma1957 on March 26, 2023, 12:11:16 AM
yeah there are a few threads under bot attack as well. makes it a bit of a drag to see if something is worth reading.

On topic I added 2 s19 j pros this week and I have 2 whatsminer m50 units due on Tuesday.

this will push us to 2.0ph + .770 ph = 2.77 ph

So I am contributing to the 7% uptick.

We are nearing limits unless we buy a container.


Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: paid2 on March 26, 2023, 07:51:17 AM
On topic I added 2 s19 j pros this week and I have 2 whatsminer m50 units due on Tuesday.

this will push us to 2.0ph + .770 ph = 2.77 ph

So I am contributing to the 7% uptick.

We are nearing limits unless we buy a container.

Aren't containers a hell regarding airflow ?



Title: Re: Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Post by: kano on March 27, 2023, 12:20:27 AM
Quote
It could be so great that actions can be taken against members using GPT or other AIs, but what could we do ?
Learn to recognize the 'style' of AI posts - it is not hard to do as most are a straightforward collection of facts information that are strung together with little to no 'human feel' or thought/opinions to the wording. Most read like a heavily edited textbook vs a spur of the moment collection of thoughts being typed by a person.

Then as I did, Ignore the poster so they stop getting views much less merits for their lazy-ass crap.
Worse they can be completely wrong also but then people believe the crap they spit out ...

Like about me and my pool having anything to do with altcoins ... ... ...

Reminder that the 'I' in AI used by everyone is completely misleading.