Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
thevictimofuktyranny
on 07/02/2015, 13:52:23 UTC


QED. Difficulty will not double this year, but stay under 50 billion difficulty range  Shocked Roll Eyes  Grin



I agree. I don't think difficulty will rise a lot anymore..

It is a clever piece of macro economics included in Bitcoins and other crypto currencies, to increase difficulty you have to increase capital expenditures up front. This is very cheap at the beginning of the process of establishing a crypto currency, but it becomes ever more expensive as doubling of difficulty occurs. Therefore, people can accurately forecast the future difficulty on the basis of price expectations. Roll Eyes