freedomno1
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Learning the troll avoidance button :)
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November 30, 2014, 07:57:13 PM |
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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.
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Believing in Bitcoins and it's ability to change the world
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Nagle
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December 02, 2014, 06:26:12 PM |
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At 5 hours to go, the next difficulty change is going to be very close to zero. The current prediction is -0.44%.
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1Referee
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December 02, 2014, 08:40:13 PM |
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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%.
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raskul
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December 02, 2014, 09:11:37 PM |
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i reckon -0.78%
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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1Referee
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December 03, 2014, 12:16:55 AM |
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I missed it, did the difficulty increase or decrease?
It shows now +0.92% estimated for next difficulty.
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cr1776
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December 03, 2014, 12:48:50 AM |
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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.)
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1Referee
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December 03, 2014, 01:11:32 AM |
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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.
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GreenCoin22
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December 03, 2014, 04:42:13 AM |
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it means few and few people are mining?
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dropt
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December 03, 2014, 04:43:57 AM |
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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.
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im0rtel (OP)
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December 03, 2014, 11:48:08 AM |
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this is a historical moment . difficulty actually droped for real and it looks like it will drop again in two weeks.
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Brewins
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December 03, 2014, 12:29:17 PM |
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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
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raskul
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December 03, 2014, 12:36:23 PM |
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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.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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lyth0s
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World Class Cryptonaire
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December 03, 2014, 01:04:48 PM |
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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
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FUR11
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FURring bitcoin up since 1762
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December 03, 2014, 01:56:29 PM |
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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?
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raskul
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December 03, 2014, 02:11:27 PM |
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may i just intervene into this wankfest -0.73 is fuck-all. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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Eastwind
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December 03, 2014, 05:36:41 PM |
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It will keep on rising, maybe slower than past.
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im0rtel (OP)
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December 03, 2014, 08:03:35 PM |
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i doubt it will rise . looks to me like btc diff wants to get on a descending trend.
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devphp
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December 03, 2014, 08:18:28 PM |
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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.
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v0yager
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December 04, 2014, 03:37:30 AM |
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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.
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raskul
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December 04, 2014, 06:46:14 AM |
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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.
if there is not much profit for the personal miner, then the large mining farms are bound to be powering down. Where the personal miner can sustain costs in 'prospecting' a large farm still has it's massive overheads to pay. I welcome a drop in price.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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