Ok, this makes no sense. Apparently someone added 40ph to the mining network in a space of about a day.
If that was Spoondles things, that's 25,000 of them. 50,000 800gh Monarchs.
That doesn't make a whole lot of sense.
Topic: The difficulty HAS BEEN REDUCED!!!! - page 2. (Read 25892 times)
hashrate rises again 
wow, how high can you go
wow, how high can you go
No limit here. Remember those 40% per month diff growth rates we used to have before.
a) Someone is exceptionally stupid and mining at a loss
b) Someone turned on a pile of built current generation equipment
c) Someone built a new and more efficient technology.
I doubt c, not sure about b, which leaves a.
hashrate rises again
wow, how high can you go
wow, how high can you go
No limit here. Remember those 40% per month diff growth rates we used to have before.
hashrate rises again
wow, how high can you go
wow, how high can you go
How sustainable this growth is guys? I mean getting 10% per month, having in mind this base s not an easy thing to do.
Hi,
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
better not, it would make sense only if the price would rise so fast that the dif won't keep up with it, this will create a "profitability window"
Only if you don't pay electricity
Turkmenistan citizins have free electricit, let's all emigrate 
http://centralasiaonline.com/en_GB/articles/caii/features/main/2013/10/31/feature-01
Hi,
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
better not, it would make sense only if the price would rise so fast that the dif won't keep up with it, this will create a "profitability window"
Only if you don't pay electricity
Turkmenistan citizins have free electricit, let's all emigrate 
Hi,
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
better not, it would make sense only if the price would rise so fast that the dif won't keep up with it, this will create a "profitability window"
with halving issue next year and btc price, i doubt anyone even consider developing 20nm atm unless they have a plan to mine it all for themself and dump all teh coin...
Maybe, but why not just buy coin on the market? Note I think this is why difficulty has been so stuck as of late, the 10nm technology just doesn't seem to be appearing.
we haven't even broken 20nm publicly, maybe knc, or someone did it privately but...
Maybe, but why not just buy coin on the market? Note I think this is why difficulty has been so stuck as of late, the 10nm technology just doesn't seem to be appearing.
Some people can afford to mine at a loss, and that makes it a profitable business
Uh, what? It's not "at a loss" if is is "a profitable business", you have to pick one.
I mine for hobby, I mine at a loss, I want to see the difficulty go down down down!
But he also means it is profitable if the BTC price jumps up, like january to march lows of $180 to highs of almost $300
Some people can afford to mine at a loss, and that makes it a profitable business
Uh, what? It's not "at a loss" if is is "a profitable business", you have to pick one.
I mine for hobby, I mine at a loss, I want to see the difficulty go down down down!
Hi,
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Sense? Only if you have free unlimited solar power, free cooling from the Antartic winds, and a warehouse or co-lo center passed on to you by inheritance somehow:
Hi,
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
Do you think that investing in hardware now would make sense?
I am interested in mining but have no experience.
--snip
Many quotes
--snip
Some people can afford to mine at a loss, and that makes it a profitable business
Many quotes
--snip
Some people can afford to mine at a loss, and that makes it a profitable business
This doesn't make it a profitable business, this is what's making competitive business. The home miner game is still alive, people know that renting mine power from a service like hashnest could cost them less than maintaining their own, yet they trust their own hardware more.
I personally know people that mine at home 24/7 with not more than a single Th/s. They know that electricity might be costing them more but are betting on a price increase.
I will admit that I do this, I like my two s3's supporting the network, even if my electricity cost and mining profits almost zero out each other. I never will ROI, unless I sell my gear. But I enjoy making some coin here and there. And I can always diagnose my problems on the spot incase something happens.
If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.
If you were making 0.2/week and you now make 0.22 instead of 0.18 for several weeks, it is very nice and can double your profits after maintenance costs.
Anyway, getting 0.22 per week instead of 0.18 is sure as hell nice. But what if the prices drop even more?
Some people can afford to mine at a loss, and that makes it a profitable business
This doesn't make it a profitable business, this is what's making competitive business. The home miner game is still alive, people know that renting mine power from a service like hashnest could cost them less than maintaining their own, yet they trust their own hardware more.
I personally know people that mine at home 24/7 with not more than a single Th/s. They know that electricity might be costing them more but are betting on a price increase.
If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.
If you were making 0.2/week and you now make 0.22 instead of 0.18 for several weeks, it is very nice and can double your profits after maintenance costs.
Anyway, getting 0.22 per week instead of 0.18 is sure as hell nice. But what if the prices drop even more?
Some people can afford to mine at a loss, and that makes it a profitable business
If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.
If you were making 0.2/week and you now make 0.22 instead of 0.18 for several weeks, it is very nice and can double your profits after maintenance costs.
Anyway, getting 0.22 per week instead of 0.18 is sure as hell nice. But what if the prices drop even more?
If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.
If you were making 0.2/week and you now make 0.22 instead of 0.18 for several weeks, it is very nice and can double your profits after maintenance costs.
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