Quote from: CCW on December 03, 2014, 06:21:48 PM

Quote from: alani123 on December 03, 2014, 06:18:54 PM

Quote from: davejh on December 03, 2014, 07:35:59 AM

Quote from: alani123 on December 02, 2014, 11:50:35 PM

It might be a tiny reduction, but I think that the start of a new era is now becoming more obvius. We kept seing mining becoming more centralised, mining at home kept becoming harder while the difficulty was constanly rising and the price was around 350. I believe that this reduction was caused by home miner being pulled off the wall because of not being profitable anymore.

It's possible that there was a genuine reduction in capacity, but with this small a difficulty change it's also pretty likely that it's just a result of statistical variances and we have no real way of knowing whether the network is expanding or contracting. In a network where there's no actual change in capacity, variances of +/-5% are pretty likely: http://hashingit.com/analysis/28-reach-for-the-ear-defenders

Indeed it is, but mining used to be an arms race. The total network hashrate was constantly increasing for more than a year until this point.

I think it will go back around christmas time. then most of us forget that it decreased. its not much compare to the increasing within the last two months

Its already christmas time! lets see, even for LTC the diff has gone down, always good news Grin