Post
Topic
Board Mining speculation
Re: difficulty skyrocketing and price stagnant
by
Clipse
on 12/05/2012, 01:32:48 UTC
This is bullshit, why the hell isn't bitcoin following the basic laws of supply and demand ?

What the hell is going on with the hashrate ? It can't be FPGA's yet and why the hell would people be throwing money at GPU's right now?

just weird.

Botnets / mysterminer, not much more makes sense at this time.

... butterfly / largecoin testing the rigs?

a lot of singles getting turned on?

lower electricity cost means they can sell cheaper to try and get rid of the GPU miners to get more coins for themselves...

I find it just a bit coincidental that when BIP16 came out about 1.5-2TH got removed from the network and then the same amount reappeared a while later which bumped the difficulty up to where it is now.

I suspect its the same user(s) who returned.