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Topic: - negative diff hike - - page 2. (Read 3467 times)

sr. member
Activity: 297
Merit: 250
November 24, 2014, 11:19:19 PM
#12
Estimated Next Difficulty:    40,248,405,371 (-0.13%)

I never saw this before:)

Estimated Next Difficulty:    39,891,564,019 (-1.01%)


Estimated Next Difficulty:    39,621,045,932 (-1.68%)
full member
Activity: 195
Merit: 100
November 24, 2014, 06:19:59 AM
#11
It appears to reflect that, at current BTC price,  there is no incentive to make the large investment required to bring a new generation of hardware on line. With a halving coming in 2016, they pay back on that investment is tenuous.

I think BTC prices are depressed because mining farms have to sell BTC to meet expenses. I think it also indicates the cost to mine in China might be higher than some people assume.
legendary
Activity: 1036
Merit: 1000
Thug for life!
November 24, 2014, 02:00:56 AM
#10
You have to remember some miners at this price cost more then they make.     I think a  lot of old hosted machines will start to be unplugged. 
Generally speaking the unprofitable miners will be no longer the "fastest" miners on the market and would make up a small percentage of the overall network hashrate by the time they become unprofitable
full member
Activity: 143
Merit: 100
Using some expensive heaters
November 23, 2014, 03:47:37 PM
#9
Yeah this is what would be expected ... honestly the price to me seems to be too low current, of course just my opinion.

Although I am sure higher prices will make everyone happy.

As a hobbyist miner the lower the difficulty the better it is for me. Cheesy

Roger that!

As long as the difficulty at least stays about where it is, and the price of BTC/USD does the same, I'll be looking a lot better than I thought I would when I purchase my latest round of gear roughly a month ago, which is awesome! I mean, who buys gear thinking that the difficulty might actually go down?

Do your research, use the calculators and make strategic purchases... and sometimes, just sometimes, you might get lucky. Smiley
member
Activity: 99
Merit: 10
-All Investment Has its Risks and Rewards-
November 23, 2014, 01:08:24 PM
#8
Yeah this is what would be expected ... honestly the price to me seems to be too low current, of course just my opinion.

Although I am sure higher prices will make everyone happy.

As a hobbyist miner the lower the difficulty the better it is for me. Cheesy
legendary
Activity: 1456
Merit: 1000
November 22, 2014, 03:32:24 PM
#7
You have to remember some miners at this price cost more then they make.     I think a  lot of old hosted machines will start to be unplugged. 
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
November 22, 2014, 01:37:43 PM
#6
well it would be nice to string a few of these in a row.
sr. member
Activity: 297
Merit: 250
November 22, 2014, 12:18:42 PM
#5
Estimated Next Difficulty:    40,248,405,371 (-0.13%)

I never saw this before:)

Estimated Next Difficulty:    39,891,564,019 (-1.01%)
sr. member
Activity: 427
Merit: 251
- electronics design|embedded software|verilog -
November 20, 2014, 10:43:53 AM
#4
Price is down, miners turn off their machines or sell them when that happens.

Wait for the firework when one of the big boys goes belly up...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
November 20, 2014, 10:37:08 AM
#3
Yeah, it's mostly due to the price. It gets less and less profitable to run the current gear. And also, there seems to be no next-generation hardware coming online at the moment that may be more profitable.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
November 20, 2014, 10:35:09 AM
#2
Price is down, miners turn off their machines or sell them when that happens.
sr. member
Activity: 427
Merit: 251
- electronics design|embedded software|verilog -
November 20, 2014, 10:33:41 AM
#1
Estimated Next Difficulty:    40,248,405,371 (-0.13%)

I never saw this before:)
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