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Title: Difficulty dropping Post by: DustyRah on December 15, 2014, 01:00:17 AM Difficulty seems to be dropping as the low price of Bitcoin has cut into mining profits. This may help to stabilize Bitcoin price.
This phenomenon helps miners who have bought into yearly contracts and are HODLERS as they will receive more Bitcoins which they expect to hold long term anyways. Title: Re: Difficulty dropping Post by: Mieehayii on December 15, 2014, 02:04:49 AM ‘If the price stays the same, then we would expect half of the Bitcoin miners to quit’ https://twitter.com/allenscottCT/status/543472406640480257 Title: Re: Difficulty dropping Post by: mlferro on December 15, 2014, 03:25:27 AM Difficulty seems to be dropping as the low price of Bitcoin has cut into mining profits. This may help to stabilize Bitcoin price. share the same thought, we can have a more stable bitcoinThis phenomenon helps miners who have bought into yearly contracts and are HODLERS as they will receive more Bitcoins which they expect to hold long term anyways. Title: Re: Difficulty dropping Post by: NUFCrichard on December 15, 2014, 05:56:03 AM You have to be crazy to buy mining equipment, so I am not surprised that difficulty is plateauing until the next generation miners are released.
Title: Re: Difficulty dropping Post by: Amph on December 15, 2014, 10:57:42 AM It's the beginning of the end. it may be a good thing, could encourage small miner to join again a reset is always needed , and it's inevitable Title: Re: Difficulty dropping Post by: rogerdonkey on December 16, 2014, 03:09:25 AM that's great for miner, maybe.
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