I admire your optimism.
Difficulty: 1,823,728,969
Network: 3,807,638 GH/sec
Can someone with a good understanding of the tech explain the logic behind this massive oscillation in hash/difficulty?
The initial drop I get, f2pool wanted to drop most of their hash power and thus reduce their massive centralized control over IXC in order to invite and allow all of the other pools to mine and secure IXC, and in the process, PAY them to do it (f2pool currently offers 8 IXC for every 1 BTC mined). Thank you, f2pool - proving generosity is one quality iXCoin embodies.
At any rate, after that initial [freakishly massive] drop - the hash and difficulty shot back up to nearly equal that of Namecoin. That suggests a huge pool or multiple pools started merge mining IXC.
But now we are back down, way down, [again].
So where is the logic in that?
The only thing I can think of is that we are witnessing some kind of [stealth] test for iXCoin but I don't understand the tech well enough to deduce any logical [but crazy] conclusions.
So can anyone shed some light on what's going on here and what the scope is [assuming there is one]?
Thx!