Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
machasm
on 19/05/2020, 19:48:10 UTC
what is the update on the difficulty adjustment?

According to: https://diff.cryptothis.com/

Latest Block:   630971  (2 minutes ago)
Current Pace:   93.9494%  (1980 / 2107.52 expected, 127.52 behind)
Current Difficulty:   16104807485529.38XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 15132455028583 and 15132746375132
Next Difficulty Change:   between -6.0377% and -6.0358%
Previous Retarget:   May 4, 2020 at 9:02 PM
Next Retarget (earliest):   Today at 6:40 PM  (in 0d 6h 22m 46s)
Next Retarget (latest):   Today at 6:40 PM  (in 0d 6h 23m 11s)
Projected Epoch Length:   between 14d 21h 37m 56s and 14d 21h 38m 21s

-6% in diff, 20-30% of the reward in fees, basically only 15%-20% lower earnings than before the halving (in btc) and, considering that prices were in the 8000 range a couple of weeks ago and close to 10K now, miner earnings are essentially the same (in $$).

I expect the fees to drop though as we begin to eat through the backlog.