Post
Topic
Board Pools
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
PSCQQSCQQP
on 15/01/2015, 08:44:00 UTC
blocks mined cut in half here over the last week, BTC half the price they where a month ago, whats next ?

People will stop mining

I could be wrong but I was under the impression that as mining moves forward and if large mining operations (cloud miners), fall off due to inability to afford to pay to mine that the difficulty level would actually drop instead of continue to go up since a substantial amount less of hashing power will be attempting to solve each block within the pool?

I am curious to know, I hope that slush or another pool operator could share their thoughts on this.