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Author Topic: [2014-11-26] 30-day difficulty growth of Bitcoin mining network cools down  (Read 725 times)
LiteCoinGuy (OP)
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November 26, 2014, 03:52:04 PM
 #1

30-day difficulty growth of Bitcoin mining network cools to mere 0.5% growth per day

Behind the roaring growth of Bitcoin mining is the unassuming ASIC, or application specific integrated circuit. Since ASICs were first introduced to mine Bitcoin in 2013, we have seen the difficulty of Bitcoin mining take leaps forward as chips have become more powerful and more efficient.

http://www.asicspace.com/blog/2014/11/26/14-day-difficulty-growth-of-bitcoin-mining-network-cools-to-mere-05-growth-per-day

bitbouillion
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November 26, 2014, 06:17:44 PM
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0.5% sounds little, but it's still a 5-fold increase per year, much greater than Moore's law.

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