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Author Topic: Price sensitivity  (Read 707 times)
yochdog
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September 09, 2011, 05:13:04 PM
 #1

It looks like we have reached a point (with BTC around $5-6) where marginal miners really start to shut it down.

Just watching the Deepbit hash rate the last couple days has shown a drop of almost 600 GH/s!  That is a massive amount of mining power going by the way-side.

I think it will be interesting to see if that is a permanent loss of miners (ie, selling their equipment), or if most will stand by, and turn them back on at higher prices. 

I suppose the silver lining is that my 10,000 MH/s now comprises a larger slice of the pie.  More BTC for me! 

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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jjiimm_64
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September 09, 2011, 05:22:18 PM
 #2

hmmm,  <- wondering if I should go proportional again?  Smiley

numbers from ars is nice and steady

Current Hashrate: 16154 MH/s
Paid Work Last 24h: 8.10731181 BTC

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