Post
Topic
Board Altcoin Discussion
Topic OP
Bitcoin Loses 70 Petahashes Of Mining? Poss stealth coin launch?
by
clackersmaracas
on 03/12/2014, 14:41:58 UTC
Hi guys

Does anyone know anything? According to coinwarz.com, the difficulty has peaked and dropped by 300,000 for Bitcoin, and at the same time lost 70 petahashes of mining somewhere, one quarter of global hashing!

The only possibilities I can think of are;

1 ) shutdown of something like BFL's internal mining facility (if it hasnt already)
2 ) a corporate mining facility or farm has been shutdown or massive power outage somewhere
3 ) there has been a new coin launched and 70 petahashes have switched straight over in a coordinated way

Not sure what to make of it, I am concerned there is another sha256 coin launched which might be exceptionally valuable and missing out.

I know there have been occasional drops before but this seems like a huge drop, might be a glitch in the coinwarz.com website graphs but just have a suspicion theres something developed somewhere!

If anyone know's anything would be grateful if you can reply, losing 70 Petahashes from Bitcoin is one hell of alot, that's almost a quarter of total global Bitcoin hashing power!!

Let me know, thanks.

Much love.

BTC: 1Hy4bdvPbX4AVWskaTaxrWXGcBDK1RFrVD