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Author Topic: Time to adjust difficulty  (Read 485 times)
rouf553 (OP)
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May 17, 2013, 09:49:05 PM
 #1

I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.

Do you think it's the time to adjust difficulty of all coins?

Share your opinion.......
kr4x
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May 17, 2013, 09:50:32 PM
 #2

I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.

Do you think it's the time to adjust difficulty of all coins?

Share your opinion.......

yes because it's that easy...
thep33t
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May 17, 2013, 09:52:18 PM
 #3

I think all should be set to .025 permanently. It is for the children.


BTW, FtC (For the Children) Coin trademarked

Feathercoin Pool - http://feathercoin.is-a-geek.com - [PPLNS][0% Fees]
FTC: 6sf5CgurY5axcd2cwDHmiwdVMdAF9fw6pU       BTC: 1J74TaaKuNMoy25TP5vXKG2Jw8yg1sqyyQ       BTE: 8QZ2XiantPF8eWmzayo5WaXyYC8unBq5ZC     LTC: LatpwWc4GQyF2teKegZHiDGEGdNEKqEPTT
Twerka
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May 17, 2013, 09:52:49 PM
 #4

I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.

Do you think it's the time to adjust difficulty of all coins?

Share your opinion.......

No, Even when you get 0.000001 BTC mining, if that 0.000001 BTC worth 100 dollars, then you call it profitable?
If you want """"profitability""" then we need to give value to the coin making them be used on real transactions for real objects (Tv, consoles, cellphones, computers).

Difficulty will not solve the problem, because with half difficulty you will surely get half the price.

The worst enemy of Bitcoin is Mt.Gox exchange.
fenican
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May 17, 2013, 10:03:17 PM
 #5

Difficulty adjusts automatically.  Less profit = fewer miners = lower difficulty.

Also, BTC profitability remains near record highs:

http://blockchain.info/charts/miners-operating-profit-margin

That chart assumes GPU power consumption.  For people lucky enough to have ASICS, profitability is ungodly good right now
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