Pool hashing rate dropping in 30 minutes?

[IITravel01]

Just wondering if anyone else is keeping an eye out on the pool hashing rate dropping in 30 minutes?  I'll be shutting down a couple home miners (leaving the ones at work as the only ones on) after the halving and was curious if there would be enough people to show a drop in the pool hashing rate?

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[unholycactus]

My pool's hashrate hasn't changed significantly, nor did the gobal one.
I don't think the big players will do anything related to the halving this soon.

[notlist3d]

Just wondering if anyone else is keeping an eye out on the pool hashing rate dropping in 30 minutes?  I'll be shutting down a couple home miners (leaving the ones at work as the only ones on) after the halving and was curious if there would be enough people to show a drop in the pool hashing rate?

One thing to keep in mind is it is the weekend so some might not disconnect right after having.   I did mine a little after as my S7 I now need to sell.  But I can see some running for a while in hopes of price going up.

I think old gear coming off could be a little slow.   And really it is not home miners that will cause a huge drop, it is the bigger mining data-centers.   A lot of home mining gear I think will come off, be sold to lower priced electricity or "free electricity" user.  I know I have a S7 that will be sold.  I expect it to be plugged in somewhere else so it will only be offline for a short time.

[talks_cheep]

Too early to tell, however the user number is lowering but hashrate keeps climbing, a paradox, really.

[TooDumbForBitcoin]

BTC hash rate down by 1/3 on Day 4 after halving

[notlist3d]

BTC hash rate down by 1/3 on Day 4 after halving

Still looks like a positive by a small amount on bitwisdom, but again it is a estimate:

Bitcoin Difficulty:    213,398,925,331
Estimated Next Difficulty:    215,557,429,635 (+1.01%)
Adjust time:    After 712 Blocks, About 4.9 days
Hashrate(?):    1,513,827,421 GH/s

I would love to see hashrate go down, but not sure how fast it will be on getting those old miners offline. So far it does not seem like a really big surge of unplugging miners. And some places have such cheap electricity it's hard to say what they can use and still be profitable.  But guess time will tell.

[tbonetony]

On bw.com and blockchain.info, it is showing a 20% drop already. I guess it should propagate to other websites soon. I am just curious how long can this sustain.

[JarBinks]

With the price being in the mid $600's and the S9's starting to be used I just don't see a large drop soon.

The price of BTC is $200 higher than it was 3 months ago, which is less than 2x but still enough to keep the larger/lower cost miners going.
With the S9's coming online in larger numbers this will also help out the miners to maintain the profit margin they are use to.

I do believe a number of small/home miners, those with electricity above $.05, will slowly but eventually stop.
But that equipment may make it's way to other places where they can still be profitable.

One thing is for sure, I am interested to see what the next 12 months holds for the BTC hashrate.

[Xircom]

With a price of 0,05$ I would let my gear spinning like crazy.
But im turning off 300TH of S5`s and Sp20`s when my shipment of 600TH arrives, so the halving made me increase the hash rate by 300TH, not lowerring. I think you will see a lot of others doing the same scenario and shut off S3`s and boot up S7`s or even S5`s.
As long as you have cheap power, hell, even the S5`s is stil a win win.

[Gahs]

Too early to tell, however the user number is lowering but hashrate keeps climbing, a paradox, really.

That will be because as some miners are closing shop, the miners who remain are mining harder and doing more work trying to make profit.