Bitcoin Forum
April 26, 2024, 10:58:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-07-25] themerkle.com-Bitcoin Network Hashrate Shows First Big Dip Since...  (Read 267 times)
Jambolb2 (OP)
Sr. Member
****
Offline Offline

Activity: 444
Merit: 250



View Profile
July 25, 2016, 08:50:23 AM
 #1

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/
1714172329
Hero Member
*
Offline Offline

Posts: 1714172329

View Profile Personal Message (Offline)

Ignore
1714172329
Reply with quote  #2

1714172329
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714172329
Hero Member
*
Offline Offline

Posts: 1714172329

View Profile Personal Message (Offline)

Ignore
1714172329
Reply with quote  #2

1714172329
Report to moderator
DooMAD
Legendary
*
Offline Offline

Activity: 3766
Merit: 3100


Leave no FUD unchallenged


View Profile
July 25, 2016, 09:35:37 AM
 #2

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.



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

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Satifan
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
July 25, 2016, 10:42:25 AM
 #3

According to https://bitcoinwisdom.com/bitcoin/difficulty, the difficulty will drop 5%, but it might be lower.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!