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Topic: Difficulty going down - page 2. (Read 5581 times)

sr. member
Activity: 308
Merit: 251
December 03, 2014, 09:01:29 AM
#53
Lol, i never heard bitcoin difficult is going down
Expect mining bitcoin is not profitable anymore  Sad

But, i think now difficult is raise very slowly because mining is not too profitable  Sad
sr. member
Activity: 434
Merit: 250
December 03, 2014, 08:36:23 AM
#52
Not really a surprise.

It still profitable for those that already have mining hardware, but it is not worth to buy new hardware to mine BTC at current difficult

i beg to differ. if all you can see if the current price of BTC, then you really should have gotten out of mining at this time last year.
legendary
Activity: 1120
Merit: 1000
December 03, 2014, 08:29:17 AM
#51
Not really a surprise.

It still profitable for those that already have mining hardware, but it is not worth to buy new hardware to mine BTC at current difficult
sr. member
Activity: 351
Merit: 252
December 03, 2014, 07:48:08 AM
#50
this is a historical moment . difficulty actually droped for real and it looks like it will drop again in two weeks.
legendary
Activity: 1512
Merit: 1000
December 03, 2014, 12:43:57 AM
#49
it means few and few people are mining?

No, it just means that either:

a) Very little new HW is being added to the network; or
b) Old HW being taken off the network is more-or-less equivalent to the power of new HW being added to the network.

One should not infer as to whether it is a change in number of participants.
hero member
Activity: 547
Merit: 500
December 03, 2014, 12:42:13 AM
#48
it means few and few people are mining?
legendary
Activity: 2170
Merit: 1427
December 02, 2014, 09:11:32 PM
#47
I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.

Down slightly.

From
40,300,030,328
 to
40,007,470,271

The next estimate is up:  40,373,823,121 (+0.92%)
(Although given it has only been a few hours, that is highly unreliable.)

That's nice, lot's of people are happy right now.

I think just before the end of this year the difficulty will be at least 10% higher than current level.
legendary
Activity: 4060
Merit: 1303
December 02, 2014, 08:48:50 PM
#46
I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.

Down slightly.

From
40,300,030,328
 to
40,007,470,271

The next estimate is up:  40,373,823,121 (+0.92%)
(Although given it has only been a few hours, that is highly unreliable.)
legendary
Activity: 2170
Merit: 1427
December 02, 2014, 08:16:55 PM
#45
I missed it, did the difficulty increase or decrease?

It shows now +0.92% estimated for next difficulty.
sr. member
Activity: 434
Merit: 250
December 02, 2014, 05:11:37 PM
#44
i reckon -0.78%
legendary
Activity: 2170
Merit: 1427
December 02, 2014, 04:40:13 PM
#43
At 5 hours to go, the next difficulty change is going to be very close to zero. The current prediction is -0.44%.


Let's see if we will see a difficulty decrease today, few days ago it was over -2%.

Currently with around 2,5 hours left it's at -0.62 but I think it will end up just over 0%.
legendary
Activity: 1204
Merit: 1000
December 02, 2014, 02:26:12 PM
#42
At 5 hours to go, the next difficulty change is going to be very close to zero. The current prediction is -0.44%.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
November 30, 2014, 03:57:13 PM
#41
At 2 days to go, the next difficulty change looks like it's going to be very close to zero.

It's a tough call I'm thinking it might go negative
But at present it is streaming just a smidge above that in the positive increases, still could go either way
A farm going offline for a day to do maintenance etc could push it negative.
legendary
Activity: 1204
Merit: 1000
November 30, 2014, 03:51:09 PM
#40
At 2 days to go, the next difficulty change looks like it's going to be very close to zero.
sr. member
Activity: 351
Merit: 252
November 30, 2014, 01:07:44 PM
#39
sgbett , where do you see me in this thread sugesting that bitcoin is doomed and what does that have to do with this thread?
your offtopic has no place here . do you like trolling ? go somewere else .

on topic : after 10 days the dificulty has slightly recovered . still watching.
sr. member
Activity: 434
Merit: 250
November 30, 2014, 09:08:42 AM
#38
worry thee not my friend. i have no idea either  Cheesy
legendary
Activity: 2576
Merit: 1087
November 30, 2014, 09:03:43 AM
#37
Spending time to get $0.06 worth of bitcoins on "Win free bitcoins every hour' ?

What could this mean to the credibility of the OP's suggestion that bitcoin is doomed? The OP is still scraping the barrel for the tiniest amount of BTC?

People have posted that they think bitcoin is fail before whilst still buying and holding? Perhaps this time it could be no different?

Could writing what I believe in the form of questions, really hide that fact its just what I think?

Could the OP be suffering from massive brainfarts?

Could I be hungry? Could it be that I might go have a bite to eat? Could eating satisfy hunger?

Could all these interesting facts and more be found in this newsworthy and insightful thread? Could this actually be a total wast of time?

Could the difficulty go down a little bit following an exponential growth curve beyond the likes of what anyone could have considered possible?

Could some people who are no longer earning BTC with legacy hardware turn off their miners, to cut their electricity bills?

What could this all possibly mean, do I have no idea?
sr. member
Activity: 434
Merit: 250
November 30, 2014, 04:09:34 AM
#36
OP's link now shows a small difficulty increase for next adjustment

i knew that it had to be too good to be true

Not Til Block Halving™
member
Activity: 115
Merit: 10
November 30, 2014, 03:51:15 AM
#35
OP's link now shows a small difficulty increase for next adjustment
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
November 30, 2014, 12:16:58 AM
#34
it won't happen.

hypoteticaly speaking ... what if it does happen ?

It's just another indication of the bear market, which started at the beginning of 2014 and in all likelihood will go on for another 11-12 months.

Deflation can occur while growth in market takes place which would mean bitcoin is rising in total value.   Price alone doesnt tell us even though personally we might prefer the price to rise so that we naturally can hold and gain.  This doesnt mean that bitcoin overall is not going to do better at a lower price, thats why the free market is superior to anything manipulated, often individual bias is not conclusive to growth.   In the end we all want bitcoin to be stronger and more widely used, if lower price is what is needed then great; mostly the greater worry is that its not going to be used at all

I agree difficulty is unlikely to go down, that was more often with a majority of personal small mining was the case
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