Author

Topic: Since 20th April my coins is generating MUCH more slowly, WHY? (Read 10744 times)

hero member
Activity: 742
Merit: 502
Circa 2010
This is why mining will become useless within a few years the price for equipment will be too much.
The market will adjust as necessary and mining will never be useless cause it keeps the network alive.

And even then when the market eventually approaches saturation (you'll never keep getting the same efficiency increases) the difficulty will retarget accordingly to maintain the ~ 10 minutes between each block. Hence your difficulty will eventually slow down in its increases and may even fall. There is also always an incentive to mine - even when coin generation stops they will (hopefully) be paid in enough fees to have a reasonably large network.
sr. member
Activity: 359
Merit: 250
This is why mining will become useless within a few years the price for equipment will be too much.
The market will adjust as necessary and mining will never be useless cause it keeps the network alive.
member
Activity: 98
Merit: 10
This is why mining will become useless within a few years the price for equipment will be too much.
legendary
Activity: 1918
Merit: 1563
Bitcoin: An Idea Worth Spending
Was that necro really necessary?

Good call! I didn't catch it tell you mentioned it, albeit I was going to comment the other day.

I'm sure there's a very good reason why the user opted to bump this aged-like-good-wine thread.  Wink <--kuddos to said user.
legendary
Activity: 1512
Merit: 1010
Before, every day i generated coins, now may be stay a few days without any coin.

use tool, bro ... https://bitcoinwisdom.com/bitcoin/difficulty



















Ah, crap !
legendary
Activity: 2912
Merit: 1515
lose: unfind ... loose: untight
Was that necro really necessary?
hero member
Activity: 532
Merit: 500
Carpe Diem
This is an example of an uneducated miner.  No offense, but I hope you didn't spend too much.  You do know the block reward halves occasionally too right?  Unfortunately I bet there are a lot of people like the OP.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Why???

Before, every day i generated coins, now may be stay a few days without any coin.

Why??

Nothing changed in my computer
I hope you kept those coins you were mining. Funny to see people were complaining about this as early as 2010... Don't think about that too hard, you might have a realization.
administrator
Activity: 4228
Merit: 8647
Difficulty increased by a lot.

Quote
GetNextWorkRequired RETARGET
nTargetTimespan = 1209600    nActualTimespan = 825067
Before: 1c20bca7  0000000020bca700000000000000000000000000000000000000000000000000
After:  1c16546f  0000000016546f575ab277f44c118de5ab277f44c118de5ab277f44c118de5ab

The target decreased by 31.79%, so you should be generating 31.79% fewer BitCoins.
member
Activity: 77
Merit: 10
Why???

Before, every day i generated coins, now may be stay a few days without any coin.

Why??

Nothing changed in my computer
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