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Author Topic: Network Hashrate down to 13.60. Any thoughts?  (Read 864 times)
hmblm1245
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August 07, 2011, 08:39:52 PM
 #1

Its been a while since we have had 13.60. Any thoughts?
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August 07, 2011, 08:43:42 PM
 #2

Its been a while since we have had 13.60. Any thoughts?

Price is driving away speculative miners.  Now you'll see difficulty and price drop until all is consolidated and then we'll take the next up leg.

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bb
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August 07, 2011, 08:44:47 PM
 #3

Yeah, it was expected.
kokjo
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You are WRONG!


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August 07, 2011, 08:46:18 PM
 #4

it must be the government who is trying to shutdown bitcoin, by taking out miners one by one.

be careful you miners, it might be you next.
 

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
hmblm1245
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August 07, 2011, 08:51:56 PM
 #5

Anyone else hoping most miners will drop out and the ones left will be around for the surge up in price?
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August 07, 2011, 08:52:55 PM
 #6

Of course the least profitable miners will drop as price falls. More miners will join when price rises. Everyone should understand and expect that relationship- there's nothing wrong or concerning about it.
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August 07, 2011, 08:53:37 PM
 #7

It was around 11 at some point yesterday.

ampirebus
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August 07, 2011, 09:04:23 PM
 #8

Its been a while since we have had 13.60. Any thoughts?

you forgot to put what the hash rate was before or is down from... and its at 12.8 now
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