Difficulty adjusts automatically. Less profit = fewer miners = lower difficulty.
Also, BTC profitability remains near record highs:
http://blockchain.info/charts/miners-operating-profit-margin
That chart assumes GPU power consumption. For people lucky enough to have ASICS, profitability is ungodly good right now
Topic: Time to adjust difficulty (Read 501 times)
I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
No, Even when you get 0.000001 BTC mining, if that 0.000001 BTC worth 100 dollars, then you call it profitable?
If you want """"profitability""" then we need to give value to the coin making them be used on real transactions for real objects (Tv, consoles, cellphones, computers).
Difficulty will not solve the problem, because with half difficulty you will surely get half the price.
I think all should be set to .025 permanently. It is for the children.
BTW, FtC (For the Children) Coin trademarked
BTW, FtC (For the Children) Coin trademarked
I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
yes because it's that easy...
I think difficulty of every coins goes high. mining is not profitable now. Without miners every coin is dead.
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
Do you think it's the time to adjust difficulty of all coins?
Share your opinion.......
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