Post
Topic
Board Mining speculation
Re: Mining difficulty slowing down over the next 3 months?
by
clem84
on 26/03/2014, 08:31:12 UTC
http://www.vnbitcoin.org/bitcoincalculator.php

This calculator predicts a 99,416,291,020 difficulty by year's end. They assume a 14.55% increase every cycle. Is this really a possible scenario? With predictions like these, no ASIC hardware will break even.

Isn't it more likely that the difficulty rise will slow down a bit at some point? If I understand this correctly, a 99 billion difficulty would mean that the network's total hashing power would be 20 times what it is now by year's end. I find that hard to believe. Thoughts?