Topic: Will the difficulty go down again ? - page 3. (Read 9330 times)

Doesn't even look like this difficulty adjustment is going to be a negative one at this point :/

No way. Even if the price continues to drop, newer hardware with higher efficiency is going to come on the market and increase the difficulty. I think Q1 2015 was slated to be the time for the release of the next gen ASICs.

We can hope. I don't see a specific reason for that dramatic of a rise. The last time we saw that kind of spike was due to MtGox bot manipulating the market and creating false/unnatural valuations.
One legit reason I could see the market moving up so high would be the Winkle twins granted approval for their enterprise and Wall Street traders and hedge funds managers getting involved.

500 USD is expected to cross by the end of this financial year... at least once.

It is becoming more mainstream, which adds to tons more people putting in mining contracts or small miners hoping to strike something. I feel as if the price remain in the low $300's that diff will go down. Now, if BTC value rises over $500's again, we should expect insane difficulty spikes again.

 I agree, the hashrate really skyrocketed the last couple of days. I definitely thought it would go back up but not like this..

Next difficulty retarget occurs at block 336671.0 (eta 3.4 days): 39886178001.0 / +1.1% [est.]

I predict, it'll be 40 billion again.

I was under the impression that it ended a few days ago, roughly the time that the short term block rate seemed to crash (and estimated next difficulty started to spike)

I think global adoption is more important right now. If I was to be paid in BTC right now I'd be pretty pissed off since I would have to sell it for fiat to buy shopping, pay rent, pay bills ect...paying people a wage in BTC right now would just result in the same dumping, maybe be a bit less but not by much.

Paycoin mining was just a blip. It lasted only for a week and ended nearly a week ago.

Is it just me or did the difficulty drop because we have so many suppliers selling off their .5-.7 W/GH miners (Spondoolies has the holiday special, and BitmainTech has their bulk bundle special) in order to prepare release of new super-efficient miners? Solar from KNCminer is boasting .02 W/GH/s!! I think the big difficulty rises are still going to come.

Where do companies get money to pay their employees? Usually from investors. So they need to raise capital in BTC: https://bitcointalksearch.org/topic/why-dont-we-see-more-capital-raised-in-bitcoins-904543

This is probably why the difficulty has been only slightly declining instead of increasing by ~20% every two weeks. It appears that roughly 20% of the preexisting network capacity was added back to bitcoin mining yesterday, based on the 504 block time chart

Yes I believe the pay coin POW is now over so a big section of hash rate has naturally returned to the Bitcoin network, if the timing was a little later then we may have seen 4%-5% drop in difficulty but I suppose the timing was taken into account for the POW

correct and the network is close to positive growth.  Also s-5 and sp20's are being sold.

  I see +2% around  Dec 31.

I see 3-5 % for the next 2 or 3 jumps after this one.

The new .5 watt gear will put a lot of pressure on all gear over .8 watts to be turned off.

The big caveat is price if BTC jumps over 500 usd diff will pick up a lot.

this 295-350 price range is tough on big players.   

 How would you like to buy a  2000 s-3's for a farm at the price of 100 bucks each .. Sounds good right?  only 200,000 usd.

well if you power is 6 cents and they hash at 1ph.  you spend on your psu's and your building you are at 300,000 usd.




just drop coins to 200 usd  a week after you set up.  a huge loss. 
I think lots of farms are looking at this and they are afraid to ramp up or switch out to sp20's and or s-5's.
If you came to me and asked me should I make a 300k investment I would say do you have it to lose? The risk is very high.
Also I think you can't get the price I wrote 300k for a fully working 1ph farm.

No one is hashing Paycoin. If they are, they're wasting their time since there are zero rewards. It's been that way for almost a week.

Next difficulty retarget occurs at block 336671.0 (eta 5.9 days): 39073901597.0 / -1.0% [est.]

Seems you were correct... is the PayCoin mining over ? Seems the hash power is coming back to the bitcoin network.

Cloud ming will be & always will be for fools with not enough time in the day to admin there own machines
(Sorry dont mean to be rude..)

I posed a question "How many miners do u think the network runs on below 180gh which was spec for bitmains S1-180GH miner

https://bitcointalksearch.org/topic/m.9435885

Ages ago cause when i got my last bill it was $500 above what i spent on electricity, Making mining in my eyes pointless from a cost perspective, BTW not the first dip in neg for diff, About the 20th act... I can see why ur cloud mining...

As i see it & someone else out there made a point of saying it months ago.....

If ur mining currently on anything Larger than 28nm & above $1 elect / per hash then ur losing money, Even more for everyday u keep mining on the while the price goes down....

But they also stated that bitcoin could lose all momentum & go to $0 if the greedy take over the system & everyone loses interest.... I can sort of see that happening (But not) Price is going to fall & fall it will, As more and more scams get unearthed, Miners become faster, cheaper & easier to run..

Faith (Not the GOD type) in the p2p payment system that is bitcoin & the further 20 or 30 years it has to run full circle will keep bouncing the price up & down like a yoyo...

Think about this... Your mining what people first used to believe was an untraceable type of currency, Used by scammers, drug dealers & tax dodgers...

Untraceable, Maybe in the virtual world but once it becomes real money in someones bank acc, unless u can account for that money thru a bussiness ur fucked..

Everything bitcoin is now watched by Governments & Taxed accordingly (In Your Region - Of Course)

Bitcoin here & now has the potential to fall flat on its face & everyone will lose everything or it will dip to the point (Less than $100 a coin) & people will be interested again...

Marginal profits which hedge funds & alike thrive on will assure this.....

Also by the time that happens "Drug Dealers" & "BAD" porno type people will have worked out away around TOR and its inabilities to hide them, Imagine using a System Developed by the US Navy as a means of hiding yourself while being a permanent connection to the internet...

(U tell me if this wasn't deliberate to bring out the nuts, Who cares if its not in the military's hands now, I can assure u, They either have a back door key or a way to insert themselves into a node where they can see traffic - In & Out)

Kids wake the fuck up.... Mine for break even minimum (For now at least) cause the coin is going down to less than $100 (My prediction anyway)

No chance it will be - 10.3%
It needs to average out, closer to the re-target time will show more accurate reading

Next difficulty retarget occurs at block 336671.0 (eta 16.2 days): 35402299210.8 / -10.3% [est.]

-10.3% ? really ? I can see profit