Firstly, as usual, luck is a major factor in any short calculations (e.g. 100-200 blocks or less)
My last post we were at "158 blocks to go" and now at 92 to go.
The calculated diff on the incomplete range has gone from -5% to -5.66% which is actually a pretty radical change
since it's only a 66/1924 effect.
Basically, it's saying that it is quite possible that the overall hash rate has dropped quite a bit in the last few days.
BTC.com seems to have lost about 5EH (which is thus about 3.3% of the network) but there is probably more.
As mentioned before, this does look quite likely to affect the next diff change in 2 weeks also, unless the missing hardware comes back online soon.
Does it mean the small firms even solo miners will have advantage if the big firms shuts down for any reason? Bitcoin will be more decentralised. We may have a good panic in the market if something like this really happens but eventually things will get settled.
Please correct me if I am wrong and please do not delete my post because I am genuinely interested to know if I am making sense.
Thanks
Really nothing to do with decentralisation.
Yes a diff drop means it's a little easier to find a block - this time probably about 6%? easier since there's fewer miners.
i.e. it's only around -6% so far, so pretty minor compared to say even the last diff change that was -15.97%
