Topic: The difficulty HAS BEEN REDUCED!!!! - page 3. (Read 25892 times)
And I thought being stuck at 1.2M difficulty was bad. Yikes!
If you're an average miner and not overflowing with cash, the difficulty reduction meant nothing for you.
The next difficulty change could be neither up or down :
Bitcoin Difficulty: 46,684,376,317
Estimated Next Difficulty: 47,278,363,227 (+1.27%)
Adjust time: After 158 Blocks, About 1.1 days
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 46,684,376,317
Estimated Next Difficulty: 47,278,363,227 (+1.27%)
Adjust time: After 158 Blocks, About 1.1 days
https://bitcoinwisdom.com/bitcoin/difficulty
So I have a question for miners. Was this reduction of mining difficulty really significant? Because after almost 3 months I did not see any changes in trade market. So I think that change was just cosmetic. And I also think recent bitcoin rise was not caused by this at all.
Ask it yourself
If youre running a business and suddenly you can produce 10% extra for free, wouldn it be allright?
Also use more points of view. If the diff rises, your profits go down by the percentaje it goes up!
what matter for miner is the price of btc, i dont mind mining and get 50% less reward if the price of btc tripled. the problem is that halving does not affect price.
So I have a question for miners. Was this reduction of mining difficulty really significant? Because after almost 3 months I did not see any changes in trade market. So I think that change was just cosmetic. And I also think recent bitcoin rise was not caused by this at all.
Ask it yourself
If youre running a business and suddenly you can produce 10% extra for free, wouldn it be allright?
Also use more points of view. If the diff rises, your profits go down by the percentaje it goes up!
So I have a question for miners. Was this reduction of mining difficulty really significant? Because after almost 3 months I did not see any changes in trade market. So I think that change was just cosmetic. And I also think recent bitcoin rise was not caused by this at all.
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
Were talking algos here, more than just coins
Scrypt has a better choice, and with a good plan you can be extra profitable
Yeah you are right, the sha-256 mining is almost died. The most profitable at the moment (if you always have free electricity and hardware machines at good price) is the scrypt mining for sure.
However news for some new machine "sha-256 & scrypt" ? or nothing ?
Even gpu mining coud still be profitable if you managed well (im one of those heros lol)
Are you talking about the "instamining" of an altcoin after its release ? I think this is only the way for "gain" some bitcoin from GPU mining.
Instamining is always impossible, I hardly ever got big returns on that
They key is watch the markets and the liquidity of the coin in some moments, as it was a stock
Aint easy dude
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
Were talking algos here, more than just coins
Scrypt has a better choice, and with a good plan you can be extra profitable
Yeah you are right, the sha-256 mining is almost died. The most profitable at the moment (if you always have free electricity and hardware machines at good price) is the scrypt mining for sure.
However news for some new machine "sha-256 & scrypt" ? or nothing ?
Even gpu mining coud still be profitable if you managed well (im one of those heros lol)
Are you talking about the "instamining" of an altcoin after its release ? I think this is only the way for "gain" some bitcoin from GPU mining.
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
Were talking algos here, more than just coins
Scrypt has a better choice, and with a good plan you can be extra profitable
Yeah you are right, the sha-256 mining is almost died. The most profitable at the moment (if you always have free electricity and hardware machines at good price) is the scrypt mining for sure.
However news for some new machine "sha-256 & scrypt" ? or nothing ?
Even gpu mining coud still be profitable if you managed well (im one of those heros lol)
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
Were talking algos here, more than just coins
Scrypt has a better choice, and with a good plan you can be extra profitable
Yeah you are right, the sha-256 mining is almost died. The most profitable at the moment (if you always have free electricity and hardware machines at good price) is the scrypt mining for sure.
However news for some new machine "sha-256 & scrypt" ? or nothing ?
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
Were talking algos here, more than just coins
Scrypt has a better choice, and with a good plan you can be extra profitable
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
It isn't more profitable , all the CryptoCurrency mining "only if you don't pay the electricity (or pay less) and have the hardware machines at a good price."
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
More profitable than what? Litecoin mining?
I do not think it is more profitable the bitcoin mining, only if you don't pay the electricity (or pay less) and have the hardware machines at a good price.
i wonder what will happen after next halving...
last halving was offset by asic, if i remember right...
last halving was offset by asic, if i remember right...
the price must rise to compensate, otherwise there is a problem, surely miner will shutdown if the price won't rise as they would get 50% less income
Exactly, normally mining doesn't affect the price, but halving always have a positive effect (offer/demand theory)
i wonder what will happen after next halving...
last halving was offset by asic, if i remember right...
last halving was offset by asic, if i remember right...
the price must rise to compensate, otherwise there is a problem, surely miner will shutdown if the price won't rise as they would get 50% less income
i wonder what will happen after next halving...
last halving was offset by asic, if i remember right...
last halving was offset by asic, if i remember right...
Not much other than the rewards being 50% of what it is now and maybe see some price increase but again it is ahrd to say depending on demands and how much demand their is for it. Right now it seems theirs not much demands as many company are taking it on but soon remove it due to them not seeing any results with it and not giving it enough time to develop and have people using it as a customer. Lots of business have took it n but it needs more people to use it before we all see some serious price increases and it stick to that price and not have bubbles like we did back in dec 2013
exactly, if reward were just 50% of todays and price stay at 300 range, i think alot of miner will go offline and hashrate will drop, in the past this was prevented because asic entering the market. it was sooo profitable that lead to hashrate bubble.
i wonder what will happen after next halving...
last halving was offset by asic, if i remember right...
last halving was offset by asic, if i remember right...
Not much other than the rewards being 50% of what it is now and maybe see some price increase but again it is ahrd to say depending on demands and how much demand their is for it. Right now it seems theirs not much demands as many company are taking it on but soon remove it due to them not seeing any results with it and not giving it enough time to develop and have people using it as a customer. Lots of business have took it n but it needs more people to use it before we all see some serious price increases and it stick to that price and not have bubbles like we did back in dec 2013
i wonder what will happen after next halving...
last halving was offset by asic, if i remember right...
last halving was offset by asic, if i remember right...
I sorta saw that coming as the growth was crazy and the profit was becoming less all the time. The adjusting difficulty is a great system.
It really is, but sometimes is not very profitable
Just competitive advantage for the big guys
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