More an excuse to pop this topic up than anything else, but...
If it took 16-1/2 days for this past difficulty reset, that means a lot of miners are turned off, a good 40% or more by my calculations. Maybe just because the price is down right now, but that's a foolish way to go about mining.
If it took 16-1/2 days for this past difficulty reset, that means a lot of miners are turned off, a good 40% or more by my calculations. Maybe just because the price is down right now, but that's a foolish way to go about mining.
What is your problem with 16 and half day to adjust the difficulty? this is not the first time it take so much time. And now the difficulty is adjusted and the miner takes not so long to mine a new block.
I canīt understand the topic of this thread. We discuss about "is mining senseless" or about what?
I really wouldn't care at all about this user . He should understand mining since he has been doing it for years (his words ) and for years he doesn't understand that usual difficult adjustment is based on 14 days window .. and not 10 like he claims .
After this statement everything else he says can be ignored .
Edited: Talking about user Paycheck