lots of hash power going off line
Estimated Next Difficulty: 200,649,565,764 (-6.02%)
Yep a whole lot of S5 and S7 owners decided that they would stop mining,The thing is if the Chinese miners can’t get a higher price per BTC will the rate drop even further. Well hashnet s7 is looking good
Estimated Next Difficulty: 198,707,789,990 (-6.93%)
Adjust time: After 999 Blocks, About 7.6 days
This is more like the sort of graph I thought we’d see at the actual halving itself.
Nah, most farms will leverage their time hoping to see a pricing increase after halvening. Ramped up hardware installation before halvening to bring in as much BTC as possible, then afterwards keep it running hoping for that price increase to appear, then when it doesn’t come and the hardware is actually becoming a loss, shut it off.
This is exactly what i was expecting. Now to figure out how to get S9’s
Estimated Next Difficulty: 197,919,891,497 (-7.29%)
Adjust time: After 853 Blocks, About 6.5 days
A weird thing as well is that a ton of hash rate was online still when the BTC value was below $250 and even with new gen gear online with the BTC value at $650 they should still be profitable or at least close.
It is interesting to see how it goes.
The lowering of the difficulty though is a good thing after such a steady huge increase over the last couple years.
We might be soon™ on the horizon for many coins to adopted globally. Regardless of what chain/coin your using.
$60 Million hack ouch, that is alot of money and I do not think Bitfinex will survive and will close, hope nobody here had any money in that exchange.
BTC is currently $533.00
Fairly nice bounce back this morning… hoping it continues.
When is the diff adjustment going to happen or has it already happened?
According to BticoinWisdom the adjust should happen in 12 days. (Which means we saw the first drop already.) The first diff drop put us back to where difficulty was in June. And the projection next drop is another 2% drop in difficulty.
Aug 15 2016 217,375,482,757 +7.67% 1,556,034,316 GH/s
Estimated Next Difficulty: 230,619,794,270 (+6.09%)
Adjust time: After 2013 Blocks, About 14.3 days
Chinese judgment over OkCoin, may had affected BTC price
I recently found Zpool.ca for multi-mining SHA coins.
ATM, Normalized payout for BTC mining is 0.001113BTC/TH/Day
Last hour, I mined at 0.003BTC, almost triple payout rate
I thought I would share the new perception of crypto/BTC now in media.
Its now a real, palpable, topic.
A clip from the popular series on USA network - Mr Robot