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Author Topic: BCH mining difficulty 4.5x increase = profit way way down.  (Read 840 times)
greyworld (OP)
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August 23, 2017, 03:34:50 AM
Last edit: August 23, 2017, 03:46:26 AM by greyworld
 #1

2017-08-23    272888550039    
2017-08-22    68222137510    

There's absolutely no point to mining BCH now unless you just really want to help Wu/Ver screw up BTC.

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
greyworld (OP)
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August 23, 2017, 03:39:14 AM
 #2

Bitmain just spammed me about buying some new S9's being released tomorrow.

From the email:

Quote
Important notification for this new batch ​

1. Only USD and LTC payments are accepted as payment methods for this batch; please choose your preferred payment method within 30 minutes of your order submission, or otherwise, your order will be EXPIRED.

NO "BCC" ACCEPTED! Ha.

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
greyworld (OP)
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August 23, 2017, 03:41:11 AM
 #3

Antpool BCC mining power before diff adjust: 300+ PH

Antpool BCC mining power after diff adjust: 65 PH

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
greyworld (OP)
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August 23, 2017, 03:44:57 AM
 #4

"BCC" value cratering on Bittrex.

I wonder if Wu will pump it up again this time?  So far any time it gets near 0.15 BTC per, they shovel a bunch of money onto that dumpster fire to try to prop it up, but this time... I'm not so sure.  BCH stinks of death and failure.  It's the Betamax of crypto.

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Branko
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August 23, 2017, 06:57:04 AM
 #5

Since you talk with yourself in this thread, let me try to improve it a bit

How much they pay for spreading this kind of FUD, and where do I apply?
greyworld (OP)
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August 23, 2017, 07:28:48 AM
 #6

Since you talk with yourself in this thread, let me try to improve it a bit

How much they pay for spreading this kind of FUD, and where do I apply?

I thought you said you were going to improve it.

When does that start?

You could at least say something like 'actually, BCH didn't crater, it just corrected', and I have to be forced to admit that's correct. 

My statements, 'crater' comment aside, are factually based.  Your comment is a personal jab with no substance.  So who's spreading the FUD?

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Branko
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August 23, 2017, 07:46:28 AM
 #7

greyworld (OP)
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August 23, 2017, 07:50:50 AM
 #8

( outdated chart )

You have trouble reading?

Here, I'll highlight it for you:

2017-08-23    272888550039   
2017-08-22    68222137510

Diff went up the day after your chart ends.  Hashrate went way, way down immediately.

'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Branko
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August 23, 2017, 08:05:01 AM
 #9

( outdated chart )

You have trouble reading?

Here, I'll highlight it for you:

2017-08-23    272888550039   
2017-08-22    68222137510

Diff went up the day after your chart ends.  Hashrate went way, way down immediately.

So 250 years after Adam Smith you discovered how capitalism works?

/golfclap
Hamaber
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August 23, 2017, 08:49:03 AM
 #10

( outdated chart )

You have trouble reading?

Here, I'll highlight it for you:

2017-08-23    272888550039   
2017-08-22    68222137510

Diff went up the day after your chart ends.  Hashrate went way, way down immediately.

So 250 years after Adam Smith you discovered how capitalism works?

/golfclap


I think it is very reasonable for the miners to move out of Bitcoin Cash now as the profit is not so good.
Branko
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August 23, 2017, 08:51:22 AM
 #11

( outdated chart )

You have trouble reading?

Here, I'll highlight it for you:

2017-08-23    272888550039   
2017-08-22    68222137510

Diff went up the day after your chart ends.  Hashrate went way, way down immediately.

So 250 years after Adam Smith you discovered how capitalism works?

/golfclap


I think it is very reasonable for the miners to move out of Bitcoin Cash now as the profit is not so good.

Of course...but then it will again become profitable, and ping-pong will continue until market finds some form of stability
Hamaber
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September 06, 2017, 06:14:19 PM
 #12

( outdated chart )

You have trouble reading?

Here, I'll highlight it for you:

2017-08-23    272888550039   
2017-08-22    68222137510

Diff went up the day after your chart ends.  Hashrate went way, way down immediately.

So 250 years after Adam Smith you discovered how capitalism works?

/golfclap


I think it is very reasonable for the miners to move out of Bitcoin Cash now as the profit is not so good.

Of course...but then it will again become profitable, and ping-pong will continue until market finds some form of stability

I think the mining hash for the bitcoin cash is quite stable now. Just around 15% change.
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