Post
Topic
Board Beginners & Help
Re: Mining Economics
by
willsterling
on 09/07/2011, 22:39:05 UTC
Quote
difficulty will only increase

False...I expect it will go down in the next couple of days

Where would you get that idea? http://bitcoinwatch.com/ shows that the next change in difficulty in about 10 days will be a modest increase. As long as the ac and electricity costs don't yield a negative return, I doubt that many miners will go offline.

And if difficulty did decrease temporarily, it would just encourage retired miners back into the market... Any drop would reverse pretty quickly.