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Price of Terracoin down, but not the hashrate.
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Topic: Price of Terracoin down, but not the hashrate. (Read 847 times)
crazy_rabbit
(OP)
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Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
Price of Terracoin down, but not the hashrate.
March 20, 2013, 08:49:21 AM
#1
Looks like people are starting to think about TRC long-term. Now that the price is below BTC profitability, one would expect that a lot of miners would leave, but thus far that hasn't happened. Down to .85 percent profitability, yet miners are still mining away instead of something more profitable like LTC.
That said, it's a good thing. If not an incentive to buy more TRC. :-)
more or less retired.
DryPowder
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Re: Price of Terracoin down, but not the hashrate.
March 20, 2013, 02:31:58 PM
#2
The coin fundaments are working well and I hope to see more GHS soon, The Price and the coin are very dynamic i hope that the miners understand that.
Keep Your Powder Dry
RandomQ
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Re: Price of Terracoin down, but not the hashrate.
March 20, 2013, 02:40:21 PM
#3
profitability of 68% but its not updating fast enough on coinchoose to adjust with difficulty changes.
I'm seeing a difficulty of 4710 right now down from 10k+ most of the week.
I think the bubble might have popped, I'd like to see Sub 1K difficulty next week
crazy_rabbit
(OP)
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Activity: 1204
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RUM AND CARROTS: A PIRATE LIFE FOR ME
Re: Price of Terracoin down, but not the hashrate.
March 20, 2013, 05:49:21 PM
#4
Quote from: RandomQ on March 20, 2013, 02:40:21 PM
profitability of 68% but its not updating fast enough on coinchoose to adjust with difficulty changes.
I'm seeing a difficulty of 4710 right now down from 10k+ most of the week.
I think the bubble might have popped, I'd like to see Sub 1K difficulty next week
Me too! So I can get back to making serious coins, rather then 40-50 coins a day currently.
more or less retired.
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