I am mining too, just for hoping that price will be back on in normal profitable range again.
Here's hoping for $1100 BTC for Thanksgiving again this year!
I want $11000 so we can have back last year's action.
Topic: Difficulty slowdown: Is this turning into a long-term trend? [Discussion Thread] - page 3. (Read 4211 times)
October 19, 2014, 05:09:02 AM
Here's hoping for $1100 BTC for Thanksgiving again this year!
I want $11000 so we can have back last year's action.
October 19, 2014, 01:34:55 AM
I am mining too, just for hoping that price will be back on in normal profitable range again.
Here's hoping for $1100 BTC for Thanksgiving again this year!
October 19, 2014, 12:25:33 AM
I am mining too, just for hoping that price will be back on in normal profitable range again.
October 19, 2014, 12:14:08 AM
because of the recent overall price drop ... everyone's reluctance to expand.
The rate has broken retail calculators, too. Less free money for farm expansion. I agree that there will be a diff plateau as long as the price doesn't spike to and sustain ~500+.
I'd much rather have a significant BTC price increase than to have lower difficulty adjustments. It's too late to make any money with home mining anyways. Although while I'm still mining, I do like the lower difficulty adjustments, lol.
October 19, 2014, 12:05:38 AM
because of the recent overall price drop ... everyone's reluctance to expand.
The rate has broken retail calculators, too. Less free money for farm expansion. I agree that there will be a diff plateau as long as the price doesn't spike to and sustain ~500+.
October 18, 2014, 04:15:21 PM
To be clear you believe in diff decreases of 3-5%? or increases under 5% say 3 to 5
My thoughts are as long as price is in the 300 to 425 usd a coin range we will continue to see very small diff increases.
I also think that unless an asic builder comes up with a really big power improvement say a drop from the .6-.8 watt per watt machine to a .1-.2 watt machine diff will stay the same range of 5 to 7 percent .
you also need to understand most mining is by the big builders.
ASICMINER
BFL
BITFURY
BITMAINTECH
KNC
yeah bfl has a lot of gear mining
as do the others above.
You want to add in
DRAGON MINERS 1.5th in chinese data centers
Spondollies 10, 20 ,30, 35 hosted here and there.
I think most of us home miners are lucky to add up to 50ph world wide more likely 30ph in gear.
So the big builder is making money right now and really can only f up by building up his mining ops too quickly.
My thoughts are as long as price is in the 300 to 425 usd a coin range we will continue to see very small diff increases.
I also think that unless an asic builder comes up with a really big power improvement say a drop from the .6-.8 watt per watt machine to a .1-.2 watt machine diff will stay the same range of 5 to 7 percent .
you also need to understand most mining is by the big builders.
ASICMINER
BFL
BITFURY
BITMAINTECH
KNC
yeah bfl has a lot of gear mining
as do the others above.
You want to add in
DRAGON MINERS 1.5th in chinese data centers
Spondollies 10, 20 ,30, 35 hosted here and there.
I think most of us home miners are lucky to add up to 50ph world wide more likely 30ph in gear.
So the big builder is making money right now and really can only f up by building up his mining ops too quickly.
October 17, 2014, 10:26:05 PM
There's a pretty massive difficulty stagnation going on, because of the recent overall price drop. Looks like the big-time miners have stopped expanding for now. Personally, I think it's going to average ~5% increases for the forseeable future because of everyone's reluctance to expand. Thoughts?
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