Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
nioc
on 25/07/2016, 17:12:14 UTC


Fourth:  Are you suggesting a drop in hashing power too, or not?   I don't see that, so far.

Yes the HR is down, how can you not see this?  

Hash Rate:   1,363,094,377 GH/s right now

It was ~ 1,550,000 GH/s at halving, had been inching up until halving, held steady for a short while after halving and has recently declined.

That is ~ 12%

Hashrate isn't steady - it fluctuates. It fluctuated pre-halving too: https://bitcoinwisdom.com/bitcoin/difficulty



Yes, I follow the green line as it is the smoothest.  That chart is only 2 months but the recent decline looks different.  There are many things that contribute to fluctuating hashrate and it would seem that the halving is a significant thing.  Yes it's a bit early to tell.