timk225
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January 16, 2015, 01:56:29 AM |
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Difficulty about to drop again..... I told you so!
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noobtrader
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Activity: 1456
Merit: 1000
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January 16, 2015, 06:21:11 AM |
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Difficulty about to drop again..... I told you so!
i think we will see difficulty reduction just like litecoin's difficulty
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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RD965
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January 16, 2015, 08:56:11 AM |
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Difficulty about to drop again..... I told you so!
i think we will see difficulty reduction just like litecoin's difficulty Dont think soo
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noobtrader
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Activity: 1456
Merit: 1000
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January 16, 2015, 09:01:21 AM |
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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
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Furio
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Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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January 16, 2015, 09:15:47 AM |
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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....
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mrTorrio
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Activity: 34
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January 16, 2015, 05:48:04 PM |
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Difficulty has been reduced - difficulty has been increased. Some kind of balance in nature I think
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Amph
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Activity: 3248
Merit: 1070
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January 16, 2015, 09:01:57 PM |
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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
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lightfoot
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Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
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January 16, 2015, 10:10:11 PM |
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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.
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muhrohmat
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January 18, 2015, 10:16:09 AM |
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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
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RD965
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January 18, 2015, 10:35:36 AM |
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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
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okae
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Activity: 1401
Merit: 1008
northern exposure
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January 19, 2015, 11:21:18 AM |
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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.
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Furio
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Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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January 19, 2015, 11:54:21 AM |
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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...
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RD965
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January 19, 2015, 06:24:18 PM |
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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?
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Skaterdiejosh
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January 20, 2015, 02:16:13 AM |
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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 ....
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tadakaluri
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January 24, 2015, 04:28:39 AM |
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This happened because small miners are close their equipment.
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ahmi
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January 27, 2015, 10:51:37 AM |
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Not much of a difference!!
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PizzaHuts
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January 27, 2015, 11:06:15 AM |
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Not much of a difference!!
its a lot if you are running a miner dude
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RD965
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January 27, 2015, 11:26:43 AM |
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Diff keeps going up, but for litecoin!
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nagatlakshmi
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January 27, 2015, 11:30:27 AM |
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But why the price is going down again?
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RD965
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January 27, 2015, 12:05:29 PM |
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But why the price is going down again?
After coinbase exchange hype
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