numbers from ars is nice and steady
Current Hashrate: 16154 MH/s
Paid Work Last 24h: 8.10731181 BTC
Topic: Price sensitivity (Read 809 times)
hmmm, <- wondering if I should go proportional again?
numbers from ars is nice and steady
Current Hashrate: 16154 MH/s
Paid Work Last 24h: 8.10731181 BTC
numbers from ars is nice and steady
Current Hashrate: 16154 MH/s
Paid Work Last 24h: 8.10731181 BTC
It looks like we have reached a point (with BTC around $5-6) where marginal miners really start to shut it down.
Just watching the Deepbit hash rate the last couple days has shown a drop of almost 600 GH/s! That is a massive amount of mining power going by the way-side.
I think it will be interesting to see if that is a permanent loss of miners (ie, selling their equipment), or if most will stand by, and turn them back on at higher prices.
I suppose the silver lining is that my 10,000 MH/s now comprises a larger slice of the pie. More BTC for me!
Just watching the Deepbit hash rate the last couple days has shown a drop of almost 600 GH/s! That is a massive amount of mining power going by the way-side.
I think it will be interesting to see if that is a permanent loss of miners (ie, selling their equipment), or if most will stand by, and turn them back on at higher prices.
I suppose the silver lining is that my 10,000 MH/s now comprises a larger slice of the pie. More BTC for me!
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