Well the answer was a drop of 27.94%.
So the next question is that going to be stable for any period of time?
I don't think it will be. I feel there will be a lot more spikes up and down.
No scientific or logical reason, just a gut feeling that big mining farms are going to be a lot more aggressive in where they mine.
They moved once, they can do it again. As opposed to the "we built it here, so we will stat here" theory.
Just my thoughts.
-Dave
I wonder if the new countries will allow them to stay.
It is early but numbers are very low.
https://diff.cryptothis.com/Latest Block: 689500 (9 minutes ago)
Current Pace: 84.6659% (29 / 34.25 expected, 5.25 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12491858051445 and 14301835741496
Next Difficulty Change: between -13.0277% and -0.4260%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:09 AM (in 13d 20h 1m 46s)
Next Retarget (latest): July 19, 2021 at 3:16 PM (in 16d 7h 8m 42s)
Projected Epoch Length: between 14d 1h 44m 17s and 16d 12h 51m 14s
...
drop from 19.93 to 14.36
next drop may be over 10%? to 12.49. this is very concerning.
viabtc went from
0.00665 btc a ph to
0.00929 btc a ph
if these very low number this jump stay we will go over 0.01 a ph next jump which will be 17 days.
Obvious it is way early so keep clocking these numbers.
A new drop of over 10% if it happens is a bit nerve wracking.
if you mine all your btc to cash.
a diff of 25.3 and a price of 64k
vs
a diff of 14.4 and a price of 34k
means 14.3/25.3 x 64k = 36170 to be exactly equal income as cash.
So for a BTC miner the price drop from 64k to 34k is not very hurtful unless you hodl like mad
your daily income as cash is only down 5 or 6%