Who's excited about the difficulty drop? - page 2.

pennytrader

sr. member

Activity: 254

Merit: 250

Quote from: joulesbeef on August 06, 2011, 07:52:31 PM

Quote from: pennytrader on August 06, 2011, 07:27:21 PM

It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse. Will someone please think of the polar bears.

stop mining you are killing him

Sorry for killing your bear. If I don't mine, I'll have to sell the cards and somebody else will probably kill your bear as well LOL

Bitcoinreminder.com

sr. member

Activity: 240

Merit: 250

Quote from: joulesbeef on August 06, 2011, 07:52:31 PM

Quote from: pennytrader on August 06, 2011, 07:27:21 PM

It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse. Will someone please think of the polar bears.

stop mining you are killing him

nice picture ^^

joulesbeef

sr. member

Activity: 476

Merit: 250

moOo

Quote from: pennytrader on August 06, 2011, 07:27:21 PM

It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse. Will someone please think of the polar bears.

stop mining you are killing him

pennytrader

sr. member

Activity: 254

Merit: 250

It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

xjosx

newbie

Activity: 33

Merit: 0

To be honest, even if there is a difficultly drop, it won't be a 50% drop as we've basically seen with bitcoin's value. There's no guarantee we'll even recover (remember, we haven't hit $30/coin since that crash). Pretty sad indeed. Sad

mike678

full member

Activity: 182

Merit: 100

Quote from: joulesbeef on August 06, 2011, 06:34:42 PM

You really should think about quiting mining. it is a dumb waste of a perfectly good video card and their are cool games coming out like the new battlefield and you are probably going to want to check that out, besides the cops already think you are growing pot in there, it is only a matter of time. Really I think your best bet is to get out of mining. Cool

What he said lol so go away quickly!

joulesbeef

sr. member

Activity: 476

Merit: 250

moOo

You really should think about quiting mining. it is a dumb waste of a perfectly good video card and there are cool games coming out like the new battlefield and you are probably going to want to check that out, besides the cops already think you are growing pot in there, it is only a matter of time. Really I think your best bet is to get out of mining. Cool

afro25

full member

Activity: 123

Merit: 100

I would think that as people see the difficulty dropping, some will likely take advantage of that and order more GPU's, which would then probably cause a small increase on the next retarget.

I'm certainly not pulling out - I'm only hashing away with 950mh/s at the moment but by the time we hit the next difficulty i should be at atleast 2.4gh/s, so a drop in difficulty will go down nicely and i'll probably build up to 3.3gh/s by the next difficulty change.

Jarredm

member

Activity: 63

Merit: 10

I am at least glad to see it doesn't appear to be heading for an increase again!

However, since I have added power this round that confirms that that at lease that many people have quit, whatever their reason. I will probably mine even if it does become unprofitable in the same way I used to crunch numbers for BOINC projects, however, if I am not making money at it, I won't be breaking my neck to get miners back on when they crash or have a power loss!

Sukrim

legendary

Activity: 2618

Merit: 1007

Still not enough at the current price to make mining profitable again for most people I guess, so I expect higher drops until the price either rebounds or settles down (then difficulty will reset to whatever level is reasonable). See the graphs in my signature for comparison.

the founder (Bitcoin)

newbie

Activity: 14

Merit: 0

Topic: Who's excited about the difficulty drop? - page 2. (Read 3619 times)