Post
Topic
Board Mining speculation
Re: Bitcoin Network Hash Rate Begins Massive Tank
by
AngelusWebDesign
on 21/12/2012, 02:55:12 UTC
Litecoin is being difficulty coastered right now by a large BTC miner who mines and dumps every other difficulty period.  It's inevitable with a 3.5 day retarget.

In other news it looks like I was right, we're looking at a -13% difficulty decrease right now which will put us below 3M.

I don't know -- since your OP it went up quite a bit, then down again (eventually).

Difficulty reset 2 days after the OP -- it was basically flat.

If I say the BTC price is tanking, am I "proven correct" if the price drops 10% up to 12 days later?

Isn't there a saying about a broken clock being right twice a day?