Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.

It probably has something to do with this:

https://adclair.com/gmo-introduced-a-new-miner-that-will-take-the-market-from-bitmane/
https://twitter.com/ynakamura56/status/1003908868114509824

Or this:

https://bitcointalk.org/index.php?topic=3359468.20;topicseen (S11's)

I respect Bitmain, but we will bypass them," said CEO of GMO Masatoshi Kumagai.

Recall that in September 2017 GMO Internet Group announced plans to invest $ 320 million in the mining industry and the creation of a new generation of chips. According to representatives of the Japanese Internet giant, bitcoin is intended to become a universal currency, providing unlimited economic freedom.

I love their confidence and outlook on bitcoin.