Re: [ANN] Sia - Decentralized Storage - Working Beta

Intervals between blocks (ignoring 18134) is now > 1 hour.
Last block was mined > 2 1/2 hours ago.
What's going on?

the difficulty is high

Combined with a decreasing hash rate:

Hash rate (last 1000 blocks)   343.893958 GH/s
Hash rate (last 100 blocks)   183.919383 GH/s
Hash rate (last 25 blocks)   129.552348 GH/s

Will the difficulty be automatically reduced to take this into account? After all, we still want 10 min blocks. I had to wait ~3 hours for my funds to arrive into my wallet.

Yes it will adjust. This has happened before. Problem is, its cheaper for me and easier to buy the same amount coins as I might would get mining vs. electricity cost. Now if Sia goes back to 25-30 than it will start all over again.. everyone will jump back in mining while price is higher and difficulty low. Grin

I think this is just part of the ups and downs between version releases. Sooner or later it will have to level out again and stay that way.