Difficulty going down

[freedomno1]

At 2 days to go, the next difficulty change looks like it's going to be very close to zero.

It's a tough call I'm thinking it might go negative
But at present it is streaming just a smidge above that in the positive increases, still could go either way
A farm going offline for a day to do maintenance etc could push it negative.

[Nagle]

At 5 hours to go, the next difficulty change is going to be very close to zero. The current prediction is -0.44%.

[1Referee]

At 5 hours to go, the next difficulty change is going to be very close to zero. The current prediction is -0.44%.

Let's see if we will see a difficulty decrease today, few days ago it was over -2%.

Currently with around 2,5 hours left it's at -0.62 but I think it will end up just over 0%.

[raskul]

i reckon -0.78%

[1Referee]

I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.

[cr1776]

I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.

Down slightly.

From
40,300,030,328
 to
40,007,470,271

The next estimate is up:  40,373,823,121 (+0.92%)
(Although given it has only been a few hours, that is highly unreliable.)

[1Referee]

I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.

Down slightly.

From
40,300,030,328
 to
40,007,470,271

The next estimate is up:  40,373,823,121 (+0.92%)
(Although given it has only been a few hours, that is highly unreliable.)

That's nice, lot's of people are happy right now.

I think just before the end of this year the difficulty will be at least 10% higher than current level.

[GreenCoin22]

it means few and few people are mining?

[dropt]

it means few and few people are mining?

No, it just means that either:

a) Very little new HW is being added to the network; or
b) Old HW being taken off the network is more-or-less equivalent to the power of new HW being added to the network.

One should not infer as to whether it is a change in number of participants.

[im0rtel]

this is a historical moment . difficulty actually droped for real and it looks like it will drop again in two weeks.

[Brewins]

Not really a surprise.

It still profitable for those that already have mining hardware, but it is not worth to buy new hardware to mine BTC at current difficult

[raskul]

Not really a surprise.

It still profitable for those that already have mining hardware, but it is not worth to buy new hardware to mine BTC at current difficult

i beg to differ. if all you can see if the current price of BTC, then you really should have gotten out of mining at this time last year.

[sandy47bt]

Lol, i never heard bitcoin difficult is going down
Expect mining bitcoin is not profitable anymore 

But, i think now difficult is raise very slowly because mining is not too profitable 

[lyth0s]

Difficulty dropped by -0.73%, first time in a LONG time.

Dec 02 2014    40,007,470,271    -0.73%    286,384,627 GH/s
Nov 18 2014    40,300,030,328    1.76%    288,478,854 GH/s

[FUR11]

Man, this is crazy! I really didn't think I'd ever see this happening. It feels rather strange. But all the other metrics are still fine in my books. Even the price isn't doing that bad these days! I guess the 'real' cost of mining a coin is still quite a bit lower, since miners are optimistic people, and a lot of them mine for fun. Why would they turn their gear off?

[raskul]

may i just intervene into this wankfest

-0.73 is fuck-all.

 

[Eastwind]

It will keep on rising, maybe slower than past.

[im0rtel]

i doubt it will rise . looks to me like btc diff wants to get on a descending trend.

[devphp]

i doubt it will rise . looks to me like btc diff wants to get on a descending trend.

The difficulty will follow the price, there is no other way.

Sure there is a lag between those, but sooner or later bank loans taken to buy ASIC equipment have to be paid back.

[v0yager]

Does it mean some miners dropped out ? I don't this is a good thing to Bitcoin,it should be keep going up.
The value of Bitcoin now is lower than before ,it's believe that there's not much profit for miner to keep the machine running,especially for personal miner.