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Topic: The difficulty HAS BEEN REDUCED!!!! - page 8. (Read 25831 times)

sr. member
Activity: 460
Merit: 500
January 27, 2015, 12:58:50 PM
bitfury has 40MW right now whit 0.7W/G, whit their new chips(0.2W/G) they will have 3 x current hash power, almost double the diff just them

edit: not double but a massive increase in a short time, they will only need to replace some board from they already buil DC
legendary
Activity: 1456
Merit: 1000
January 27, 2015, 12:31:38 PM
i think hasrate will stabilize around 35000000000  Wink

i hope  Grin
full member
Activity: 224
Merit: 100
January 27, 2015, 11:50:10 AM
Will drop 5.66% to 38,937,400,776 two weeks later, estimated at BitcoinWisdom Cheesy
hero member
Activity: 650
Merit: 500
Pick and place? I need more coffee.
January 27, 2015, 11:42:01 AM
Another drop. Grin  41,272,873,895
hero member
Activity: 532
Merit: 500
January 27, 2015, 08:05:29 AM
But why the price is going down again?

After coinbase exchange hype
hero member
Activity: 616
Merit: 500
January 27, 2015, 07:30:27 AM
But why the price is going down again?
hero member
Activity: 532
Merit: 500
January 27, 2015, 07:26:43 AM
Diff keeps going up, but for litecoin!
newbie
Activity: 10
Merit: 0
January 27, 2015, 07:06:15 AM
Not much of a difference!!

its a lot if you are running a miner dude Smiley
newbie
Activity: 28
Merit: 0
January 27, 2015, 06:51:37 AM
Not much of a difference!!
hero member
Activity: 616
Merit: 500
January 24, 2015, 12:28:39 AM
This happened because small miners are close their equipment.
member
Activity: 115
Merit: 10
January 19, 2015, 10:16:13 PM
All miners need to shut down only need enough power to process transactions . Untill the difficulty adjust down correctly for the price of bitcoin there will be huge problems. We need like -30% adjustments or -15 or -17 % ! A drop of -.02 or even 1 % will not get us there lol ....
hero member
Activity: 532
Merit: 500
January 19, 2015, 02:24:18 PM
Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore Tongue but who know, maybe is just like an anecdote, nothing more.

What I find funny, a close friend of mine was an innovator and he mined at a los from 2009 untill end 2012. After the bubble, mining bacame profitable, but it never was..... People were in it for the concept, in stead of a quick buck...

That should be the miner philosophy, im mining at a loss as well atm, profits will come, the thing is can you afford to wait?  Grin
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
January 19, 2015, 07:54:21 AM
Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore Tongue but who know, maybe is just like an anecdote, nothing more.

What I find funny, a close friend of mine was an innovator and he mined at a los from 2009 untill end 2012. After the bubble, mining bacame profitable, but it never was..... People were in it for the concept, in stead of a quick buck...
legendary
Activity: 1399
Merit: 1004
northern exposure
January 19, 2015, 07:21:18 AM
Holy shit - I didn't think we'd see that, the difficulty has been REDUCED!!!  Mining fun is returning!

not a big difference, btw i didnt know when was the last time that it happend.

Maybe this is because "small" minners turn off after discover mining BTC is not profitable anymore Tongue but who know, maybe is just like an anecdote, nothing more.
hero member
Activity: 532
Merit: 500
January 18, 2015, 06:35:36 AM
well as far as i know btc mining sha256 its a bit more profitable than scrypt but the investemn on mining hardware even gaw and the eletrecity pay means like a 12 roi months and after taht we dont know soo i dont advise to much investent on mining hardware

Both algos are more or less the same profitable
sr. member
Activity: 252
Merit: 250
January 18, 2015, 06:16:09 AM
well as far as i know btc mining sha256 its a bit more profitable than scrypt but the investemn on mining hardware even gaw and the eletrecity pay means like a 12 roi months and after taht we dont know soo i dont advise to much investent on mining hardware
legendary
Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
January 16, 2015, 06:10:11 PM
if big farm mine with free energy or very cheap, and they made roi(presumably yes) then they can surely continue until zero or near it, current value is certainly far away from this
Not really. You still have to pay for rent, a security guard, a flunkie to put out fires. It's possible that an evil mastermind could set up shop in an abandoned hydro dam, but you would still need to cover the cell phone bill for the internet access :-)

We'll see what happens. I have learned never to bet against human stupidity or self-delusion.
legendary
Activity: 3248
Merit: 1070
January 16, 2015, 05:01:57 PM
Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

why not ? if the price stay below 250 like this, i dont think mining is still a good business

if big farm mine with free energy or very cheap, and they made roi(presumably yes) then they can surely continue until zero or near it, current value is certainly far away from this
newbie
Activity: 34
Merit: 0
January 16, 2015, 01:48:04 PM
Difficulty has been reduced - difficulty has been increased.
Some kind of balance in nature I think  Undecided
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
January 16, 2015, 05:15:47 AM
Difficulty about to drop again.....  I told you so!

i think we will see difficulty reduction just like litecoin's difficulty

Dont think soo

why not ? if the price stay below 250 like this, i dont think mining is still a good business

Most definetely the difficulty will be reduces, cex.io stopped mining, nuff said....
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