Post
Topic
Board Mining speculation
Re: Difficulty slowdown: Is this turning into a long-term trend? [Discussion Thread]
by
philipma1957
on 21/10/2014, 23:52:32 UTC
If you are mining now and are still making more in btc than you are spending in electricity you are dancing in the streets. The lifetime of your miners just got increased, as did your profit. No one realistically bought miners expecting less than 5% increases when the did the calculations. The longer it stays subdued the more gravy gets poured on the current miners.

yep and all the big boys need to do is stand pat and do their best to limit  network growth under 3%.
 
Just do some 1% 2% 3% growth in jumps on bitcoinwisdom's calculator's and mining look good.  So basically the big boys so not need to expand much.

 Oh they can replace a 1 watt miner with a .8 watt miner then a .6 watt miner but they are building there own so they do not need to sell much just a little bit at a time.