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Bitcoin => Press => Topic started by: Jambolb2 on July 25, 2016, 08:50:23 AM



Title: [2016-07-25] themerkle.com-Bitcoin Network Hashrate Shows First Big Dip Since...
Post by: Jambolb2 on July 25, 2016, 08:50:23 AM
Bitcoin Network Hashrate Shows First Big Dip Since Halving

It is not uncommon for the Bitcoin mining hashrate to show a decline now and then. Once could argue the mining power on the network has been declining since the beginning of July 2016, albeit the differences were rather minimal. This sudden drop, however, has taken things down by quite a notch.

Looking over the charts of the Bitcoin mining pools themselves, there does not seem to be anything out of the ordinary right now. Disqus Fish, Antminer, BTCC, and BW are still representing the vast majority of Bitcoin mining activity. The number of blocks found today is not higher or lower than it should be either.

READ MORE >>> http://themerkle.com/bitcoin-network-hashrate-shows-first-big-dip-since-halving/ (http://themerkle.com/bitcoin-network-hashrate-shows-first-big-dip-since-halving/)


Title: Re: [2016-07-25] themerkle.com-Bitcoin Network Hashrate Shows First Big Dip Since...
Post by: DooMAD on July 25, 2016, 09:35:37 AM
It's a noticeable dip, but I wouldn't call it a "big" dip just yet.  There have been slight drops of a similar magnitude before.  If the trend continues, then we can call it big, but let's wait and see for now.

http://www.teamhellspawn.com/hashdrops.png

Looks comparable to previous dips in my eyes at the moment. 


Title: Re: [2016-07-25] themerkle.com-Bitcoin Network Hashrate Shows First Big Dip Since...
Post by: Satifan on July 25, 2016, 10:42:25 AM
According to https://bitcoinwisdom.com/bitcoin/difficulty, the difficulty will drop 5%, but it might be lower.