Post
Topic
Board Pools
Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
by
dkincaid
on 30/04/2018, 19:00:39 UTC
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!
Coz diff increased.

First block 1-May-2017 464270 Diff = 521,974,519,553
Current blocks Diff = 4,022,059,196,165

So Diff increased ... 7.7 times since then.

So you'd expect to find, with the same hash rate, only 1/7.7 as many blocks per day compared to a year ago.

Correct me if I'm wrong, but doesn't this also mean that each one of our miners is expected to generate only 1/7.7 = 12% the amount of BTC it was expected to generate a year ago? With the diff increasing this fast it can't be much longer before the current generation of miners are no longer profitable without a serious jump in BTC value.