Post
Topic
Board Securities
Re: AMHash1: Cost-Effective Mining Contract
by
gog1
on 03/01/2015, 23:46:46 UTC
BTC price = 287 on Bitstamp. Are we facing a bump upcoming or BTC is dying.  Cry

$ 286.81 (-8.98 %)

Estimated Next Difficulty:   45,872,728,865 (+12.87%)
Adjust time:   After 1337 Blocks, About 8.4 days

 "These are the times that try men's souls." like the man said.

The market is always right. For a year it has been trying to wash out

excess mining capacity. But still it balloons. The question is what it takes.

Maybe $250, 225, 200 who knows. Something has got to give.

To be honest, I think the killing off of mining capacity may kill bitcoin - if difficulty goes up 13% and price halves, this contract is pretty much worthless

if mining capacity drops sharply, confirmation may takes forever and kill bitcoin.