Get asik: the difficulty of mining Bitcoin has fallen by 7 percent
Source:
The complexity of the production fell by more than 7 percent. Despite the local growth of cryptocurrencies, miners still hard to stay above the line of profitability. Earlier, small and medium-sized mining companies in China even started in bulk, to cover the losses.
theNew conversion complexity for Bitcoin
Even the Exodus of miners will not cause serious damage to the Bitcoin network because of the mechanism of change complexity. It changes every 2016 blocks which takes approximately two weeks. Because of this, between hasraton cryptocurrency, i.e. total capacity of the equipment of the miners, and the difficulty there is some latency. Most likely, yesterday's fall was the result of lower Hasrat Bitcoin.
As the graph shows, the complexity of the network fell from 5.8 TH/s to 5 TH/s December 19. The difficulty of Bitcoin mining Cash, and have remained relatively stable.
Source: CCN
In Other words, miners are leaving Bitcoin, not moving to his forks. They are completely disappointed in all cryptocurrencies and leave their «craft» permanently. Fortunately, their actions are unlikely to lead to any serious issues. Other miners will be get more profits because of reduced complexity.
The Problem is, that so long can not continue. A few more price drops Bitcoin can question the mass adoption of cryptocurrency in the world. The longer its price and volatility remain low, the less attractive to the General public. The media is now no big news about the strong growth of Bitcoin, so the influx of new investors is minimal.
The Situation can radically change another wave of growth of the cryptocurrency. To fuck with her maximum profit create your own critiera on the advice of our . Also don't forget to visit the pool . It's cool there.
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