Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining
by
digitalindustry
on 29/11/2013, 01:36:42 UTC
I just saw another thread about a GPU miner (there are actually links to download it, screenshots from other people, etc.).
I was asking what happened because I was mining QRK and saw a huge drop in mined coins (related to difficulty), then saw a huge price increase.

A pump doesn't actually increase difficulty.

I think your FUD alert is FUD.

Difficulty was 100-150, now 2269? 20x times it's not increase difficulty?  Smiley

You're misunderstanding. Of course it's an increase in difficulty, because there is an increase of hashing power, not because there is a said price pump on exchanges.

Sorry maybe I misunderstanding, but as I so difficulty start increasing when price goes up.

It's the other way around: hashing power incrases -> difficulty increases -> price increases. Difficulty is calculated by the quarkcoin network. The network doesn't try to read prices on exchanges to set its difficulty.

nope .

Price > Hash > Difficulty -

just think the opposite of what BTC has happed with Quark - many little buyers have come in and distributed it even further  .