Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hashpower provider!
by
TXTCLA55
on 12/02/2015, 20:01:55 UTC
I did this for those people who prefer rigid historical analysis versus future modelling of economic conditions analysis. I know some people prefer the former to the latter, even if that kind of analysis is less profitable in the long run Roll Eyes

Using this chart at coindesk:

http://www.coindesk.com/data/bitcoin-mining-difficulty-time/

20 May 2014: 6.9 billion start

27 September 2014: 34.6 billion finish

Net increase over 4.3 months 5x or 500% higher  Shocked

28 September 2014: 34.6 billion start

11 February 2015: 44.45 billion finish --Today---

Net increase 4.3 months 28.46%  Cheesy

The last measurement over the last 4.3 months looks much better and speculatively hints at a difficulty halting its rising trend at some point in 2015 (at least for a short while) Shocked


Hmm, I guess (from what I'm reading here) the craze of mining is starting to slow as the price balances out. I'm in for the long haul, might as well buy a few more hashes. Smiley