what are you thinking about the multipool.in system (automatically switch to the most profitable network)
there is more than 300 Mh/s joining pxc network each time PXC become the most profitable coin in there list.
And these 300Mh/s leaves at block retarget.
Do you think is it bad for altcoin ? I think it is.
Quote
(MP) PXC 325.2 MH/s 0h4m 0.00049 2.49
there is more than 300 Mh/s joining pxc network each time PXC become the most profitable coin in there list.
And these 300Mh/s leaves at block retarget.
Do you think is it bad for altcoin ? I think it is.
Iamatrix told he's working on the new PXC wallet and an improved retarget too.
He's close to a 48 hour deadline now, so I think he's very busy
I think it isn't stuck, it was at 5.6 yesterday, but a lot of hashpower (multipool.in) drove it back to 10.
LTC difficulty is >950 right now, I think difficulty follows price, so difficulty will go up.
The difficulty isn't relative to price; It's relative to how many blocks are being found within X time frame.
Sorry, I didn't notice that it wasn't stuck, just lately everytime I check it seems same difficulty.
I understand and agree on that, difficulty isn't relative to price.
But high price attracts more miners, driving up difficulty, rinse, repeat.
That's what I mean by "difficulty follows price"