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Author Topic: Difficulty going down  (Read 5578 times)
raskul
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December 04, 2014, 06:46:14 AM
 #61

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.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
im0rtel (OP)
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December 07, 2014, 07:49:52 PM
 #62

today :

Bitcoin Difficulty:    40,007,470,271
Estimated Next Difficulty:    39,218,790,077 (-1.97%)
Eastwind
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December 15, 2014, 12:57:10 PM
 #63

It will be down about 1% this time.
raskul
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December 15, 2014, 12:57:37 PM
 #64

It will be down about 1% this time.

no shit sherlock.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Eastwind
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December 15, 2014, 12:59:38 PM
 #65

It will be down about 1% this time.

no shit sherlock.

You can see the prediction:
https://bitcoinwisdom.com/bitcoin/difficulty
raskul
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December 15, 2014, 01:00:44 PM
 #66


sorry, didn't mean to be rude. sometimes i just can't help myself.
I reckon it'll be as close to 0% as the manipulators can make it. again.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
mlferro
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December 16, 2014, 03:43:13 AM
 #67

I will keep an eye on difficulty. If it fall again, I will call again the S3 to make a daily test

fewcoins
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December 16, 2014, 03:47:51 AM
 #68

Only 1%  Sad
This means some people don't get profit from mining

And this case will happen if when bitcoin mining reward decrease & bitcoin price never went up

A lot of people hope the mining reward decreases soon but they don't understand BTC would be destroyed if the price is kept at $300 or less...
That is what they are trying to do to destroy this asset once and for all. We will return to fair price even if you bulls don't believe it
cellard
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December 16, 2014, 02:48:24 PM
 #69

Theres people waiting to start a mining monopoly when some people start giving up just like there's people waiting to enter the market big big time when Bitcoin gets even cheaper so success is always guaranteed in the long term.
NotLambchop
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December 16, 2014, 03:06:37 PM
 #70

Theres people waiting to start a mining monopoly when some people start giving up just like there's people waiting to enter the market big big time when Bitcoin gets even cheaper so success is always guaranteed in the long term.

>mining monopoly
>good news

Sarcasm?
jaredboice
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December 16, 2014, 03:29:38 PM
 #71

NotLambchop: "This user is currently ignored."  Cheesy

Don't put up with the trolls people.  Just throw them on the ignore list
NotLambchop
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December 16, 2014, 03:43:15 PM
 #72

NotLambchop: "This user is currently ignored."  Cheesy

Don't put up with the trolls people.  Just throw them on the ignore list

If you continue spamming, you will be reported.  Your most recent posts:

indiemax
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December 16, 2014, 05:12:42 PM
 #73

NotLambchop: "This user is currently ignored."  Cheesy

Don't put up with the trolls people.  Just throw them on the ignore list

If you continue spamming, you will be reported.  Your most recent posts:



Got to agree NotLampChop,the poster clearly likes his coolaid Grin
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