Author

Topic: Difficulty dropping (Read 1252 times)

full member
Activity: 154
Merit: 100
December 15, 2014, 10:09:25 PM
#6
that's great for miner, maybe.
legendary
Activity: 3248
Merit: 1070
December 15, 2014, 05:57:42 AM
#5
It's the beginning of the end.

it may be a good thing, could encourage small miner to join again

a reset is always needed , and it's inevitable
legendary
Activity: 1218
Merit: 1003
December 15, 2014, 12:56:03 AM
#4
You have to be crazy to buy mining equipment, so I am not surprised that difficulty is plateauing until the next generation miners are released.
sr. member
Activity: 252
Merit: 250
December 14, 2014, 10:25:27 PM
#3
Difficulty seems to be dropping as the low price of Bitcoin has cut into mining profits. This may help to stabilize Bitcoin price.

This phenomenon helps miners who have bought into yearly contracts and are HODLERS as they will receive more Bitcoins which they expect to hold long term anyways.
share the same thought, we can have a more stable bitcoin
hero member
Activity: 490
Merit: 500
December 14, 2014, 09:04:49 PM
#2

‘If the price stays the same, then we would expect half of the Bitcoin miners to quit’

https://twitter.com/allenscottCT/status/543472406640480257
sr. member
Activity: 533
Merit: 251
December 14, 2014, 08:00:17 PM
#1
Difficulty seems to be dropping as the low price of Bitcoin has cut into mining profits. This may help to stabilize Bitcoin price.

This phenomenon helps miners who have bought into yearly contracts and are HODLERS as they will receive more Bitcoins which they expect to hold long term anyways.
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