The difficulty HAS BEEN REDUCED!!!!

[timk225]

Difficulty about to drop again.....  I told you so!

[noobtrader]

Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

[RD965]

Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

[noobtrader]

Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

why not ? if the price stay below 250 like this, i dont think mining is still a good business

[Furio]

Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

why not ? if the price stay below 250 like this, i dont think mining is still a good business

Most definetely the difficulty will be reduces, cex.io stopped mining, nuff said....

[mrTorrio]

Difficulty has been reduced - difficulty has been increased.
Some kind of balance in nature I think 

[Amph]

Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

why not ? if the price stay below 250 like this, i dont think mining is still a good business

if big farm mine with free energy or very cheap, and they made roi(presumably yes) then they can surely continue until zero or near it, current value is certainly far away from this

[lightfoot]

if big farm mine with free energy or very cheap, and they made roi(presumably yes) then they can surely continue until zero or near it, current value is certainly far away from this

Not really. You still have to pay for rent, a security guard, a flunkie to put out fires. It's possible that an evil mastermind could set up shop in an abandoned hydro dam, but you would still need to cover the cell phone bill for the internet access :-)

We'll see what happens. I have learned never to bet against human stupidity or self-delusion.

[muhrohmat]

well as far as i know btc mining sha256 its a bit more profitable than scrypt but the investemn on mining hardware even gaw and the eletrecity pay means like a 12 roi months and after taht we dont know soo i dont advise to much investent on mining hardware

[RD965]

well as far as i know btc mining sha256 its a bit more profitable than scrypt but the investemn on mining hardware even gaw and the eletrecity pay means like a 12 roi months and after taht we dont know soo i dont advise to much investent on mining hardware

Both algos are more or less the same profitable

[okae]

Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore but who know, maybe is just like an anecdote, nothing more.

[Furio]

Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore but who know, maybe is just like an anecdote, nothing more.

What I find funny, a close friend of mine was an innovator and he mined at a los from 2009 untill end 2012. After the bubble, mining bacame profitable, but it never was..... People were in it for the concept, in stead of a quick buck...

[RD965]

Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore but who know, maybe is just like an anecdote, nothing more.

What I find funny, a close friend of mine was an innovator and he mined at a los from 2009 untill end 2012. After the bubble, mining bacame profitable, but it never was..... People were in it for the concept, in stead of a quick buck...

That should be the miner philosophy, im mining at a loss as well atm, profits will come, the thing is can you afford to wait? 

[Skaterdiejosh]

All miners need to shut down only need enough power to process transactions . Untill the difficulty adjust down correctly for the price of bitcoin there will be huge problems. We need like -30% adjustments or -15 or -17 % ! A drop of -.02 or even 1 % will not get us there lol ....

[tadakaluri]

This happened because small miners are close their equipment.

[ahmi]

Not much of a difference!!

[PizzaHuts]

Not much of a difference!!

its a lot if you are running a miner dude

[RD965]

Diff keeps going up, but for litecoin!

[nagatlakshmi]

But why the price is going down again?

[RD965]

But why the price is going down again?

After coinbase exchange hype