Surge in mining?

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Topic: Surge in mining? (Read 909 times)

El Cabron (OP)

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Surge in mining?

October 25, 2011, 02:10:24 PM

we have had 133 coins mined in the last 24 hours. Yesterday it was 93! Did everyone just get lucky?

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
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https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081

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Re: Surge in mining?

October 25, 2011, 02:19:03 PM

Quote from: Goat on October 25, 2011, 02:10:24 PM

we have had 133 coins mined in the last 24 hours. Yesterday it was 93! Did everyone just get lucky?

I think you meant blocks.

It's probably luck. The overall trend is still down.

http://bitcoin.sipa.be/growth-10k.png

I would imaging that we do not have too much further down to go until we reach an equilibrium of mining power that is still profitable (or enthusiasts who don't care about price) for the current prices.

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