Author

Topic: [2016-07-25] themerkle.com-Bitcoin Network Hashrate Shows First Big Dip Since... (Read 286 times)

newbie
Activity: 17
Merit: 0
According to https://bitcoinwisdom.com/bitcoin/difficulty, the difficulty will drop 5%, but it might be lower.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
It's a noticeable dip, but I wouldn't call it a "big" dip just yet.  There have been slight drops of a similar magnitude before.  If the trend continues, then we can call it big, but let's wait and see for now.



Looks comparable to previous dips in my eyes at the moment. 
sr. member
Activity: 444
Merit: 250
Bitcoin Network Hashrate Shows First Big Dip Since Halving

It is not uncommon for the Bitcoin mining hashrate to show a decline now and then. Once could argue the mining power on the network has been declining since the beginning of July 2016, albeit the differences were rather minimal. This sudden drop, however, has taken things down by quite a notch.

Looking over the charts of the Bitcoin mining pools themselves, there does not seem to be anything out of the ordinary right now. Disqus Fish, Antminer, BTCC, and BW are still representing the vast majority of Bitcoin mining activity. The number of blocks found today is not higher or lower than it should be either.

READ MORE >>> http://themerkle.com/bitcoin-network-hashrate-shows-first-big-dip-since-halving/
Jump to: