Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 27/06/2021, 02:51:31 UTC
⭐ Merited by Wekkel (1) ,JayJuanGee (1) ,vapourminer (1)
Blocks seem to have slowed down a little more over the last day.

Apparently, 70% of Chinese miners had shutdown by about the 23rd, and by the end of the month that number would be 90%. End of the month right now so might be holding true. We definitely need that difficult change though, good thing transactions are majorly down otherwise there would be a big traffic jam.

I bet the dollar signs in Phil's eyes are spinning right about now with this circa 25% difficulty decrease we are looking at.

My Chinese miner info comes from the following

https://twitter.com/SinoCrypto/status/1407524185228840965