Will the difficulty of mining keep on going up forever?

[Aemon]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

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[noobtrader]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

[philipma1957]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

[xstr8guy]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

Lol. Why do you keep insisting that Paycoin MINING will have anything to do with the BTC network hashrate? POW mining for XPY is done on Friday. All ASICs will switch back to BTC as soon as that happens. And that will the last we hear of Paycoin. 

[philipma1957]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

Lol. Why do you keep insisting that Paycoin MINING will have anything to do with the BTC network hashrate? POW mining for XPY is done on Friday. All ASICs will switch back to BTC as soon as that happens. And that will the last we hear of Paycoin. 

if paycoin works and is legit it is a better product in many ways. for me I prefer BTC  but many people in the world would rather the ease of using paycoin over the harder to use bitcoin.

 So if paycoin delivers on the promise of easy acceptance with a visa card concept people will want it over bitcoin. Thus harming BTC 's perceived value.  Think of how FaceBook really hurt MySpace.

[xstr8guy]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

Lol. Why do you keep insisting that Paycoin MINING will have anything to do with the BTC network hashrate? POW mining for XPY is done on Friday. All ASICs will switch back to BTC as soon as that happens. And that will the last we hear of Paycoin. 

if paycoin works and is legit it is a better product in many ways. for me I prefer BTC  but many people in the world would rather the ease of using paycoin over the harder to use bitcoin.

 So if paycoin delivers on the promise of easy acceptance with a visa card concept people will want it over bitcoin. Thus harming BTC 's perceived value.  Think of how FaceBook really hurt MySpace.

Oh c'mon now! Don't most of us know that Paycoin/GAW is just a sophisticated long con? Homero "Jeff" Garza will go down as the Bernie Madoff/Enron of crypto currency.

[philipma1957]

Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.

the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

Lol. Why do you keep insisting that Paycoin MINING will have anything to do with the BTC network hashrate? POW mining for XPY is done on Friday. All ASICs will switch back to BTC as soon as that happens. And that will the last we hear of Paycoin.  

if paycoin works and is legit it is a better product in many ways. for me I prefer BTC  but many people in the world would rather the ease of using paycoin over the harder to use bitcoin.

 So if paycoin delivers on the promise of easy acceptance with a visa card concept people will want it over bitcoin. Thus harming BTC 's perceived value.  Think of how FaceBook really hurt MySpace.

Oh c'mon now! Don't most of us know that Paycoin/GAW is just a sophisticated long con? Homero "Jeff" Garza will go down as the Bernie Madoff/Enron of crypto currency.

No!  no one know's that .  boy lots of no's   .

 It is a probability game.    Now if you are one  my mining buddies in south jersey  you have more then 15k on the line saying he is not Bernie Madoff.  Plus 2k in mining gear for other coins. So he is 15 to 2 in his favor.

If you are me you have 10k in btc coins  and  the gear to mine more btc with under .5k  with paycoin    so I am 20 to 1 against him.

Gaw also made about 2k  for me back in August-Sept.  I took it out and switched it to btc.

So do I know they are a fraud no.  but I hold only a little of it just in case.

[nwfella]

If you are a BTC miner, you will have to keep on buying more tech to keep up with the rise in the difficulty? Also does it always go up by a certain percentage? Or just by random? If its by random, how is it selected? I would like to see what your answers are.  

you need to mine with a different tactic. you need to understand under volt  and under clock are your friends. as is cold winter.

  and you need to realize this is a 100 to 200 dollar a month profit for the home miner at best.

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

[cloverme]

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

Agreed, I think if BTC drops below $300 for an extended period, the mining farms that just focus on bitcoin and nothing else, will have to start shutting down mining equipment. I think the sub $500 price is why we are seeing difficulty drop. I think the large farms are either redirecting hashing to altcoins or turning it off.

[kotwica666]

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

Agreed, I think if BTC drops below $300 for an extended period, the mining farms that just focus on bitcoin and nothing else, will have to start shutting down mining equipment. I think the sub $500 price is why we are seeing difficulty drop. I think the large farms are either redirecting hashing to altcoins or turning it off.

It is most likely turning mining for alts. Closing is just loss ..

[noobtrader]

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

Agreed, I think if BTC drops below $300 for an extended period, the mining farms that just focus on bitcoin and nothing else, will have to start shutting down mining equipment. I think the sub $500 price is why we are seeing difficulty drop. I think the large farms are either redirecting hashing to altcoins or turning it off.

It is most likely turning mining for alts. Closing is just loss ..

closing or mining other alts is definitely loss-loss  situation, one loss more than the other

[neegeeboo]

How are people converting the altcoins to BTC or USD?

[noobtrader]

How are people converting the altcoins to BTC or USD?

crypto exchange

[ranochigo]

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

Agreed, I think if BTC drops below $300 for an extended period, the mining farms that just focus on bitcoin and nothing else, will have to start shutting down mining equipment. I think the sub $500 price is why we are seeing difficulty drop. I think the large farms are either redirecting hashing to altcoins or turning it off.

It is most likely turning mining for alts. Closing is just loss ..

closing or mining other alts is definitely loss-loss  situation, one loss more than the other

Closing down mining operations and selling all of the equipments may allow user to gain some money back. Mining profitable alt coins which are profitable and a non pump and dump scheme could yield some profits if electrical cost and price of equipment is low enough. Both of them includes risk as bitcoin price may rise in the future but Bitcoin difficulty could very well remain close to the current difficulty. The altcoin could crash overnight and you would have wasted time mining that alt coin.

[Argwai96]

This part seem's pretty high to me.  The sheer amount of hardware you would need to pull a $100-$200/month profit (even with dropping difficulty) is still enormous.  I really doubt most houses/apt's are wired for 15+kwh's. Agree with the undervolting/underclocking statements though

Agreed, I think if BTC drops below $300 for an extended period, the mining farms that just focus on bitcoin and nothing else, will have to start shutting down mining equipment. I think the sub $500 price is why we are seeing difficulty drop. I think the large farms are either redirecting hashing to altcoins or turning it off.

It is most likely turning mining for alts. Closing is just loss ..

There are very few SHA256 alt coins out there (they are mostly scrypt) so anyone that is not able to mine profitably with their bitcoin ASIC is not going to be able to mine the majority of the altcoins