Post
Topic
Board Mining speculation
Re: Will the difficulty of mining keep on going up forever?
by
xstr8guy
on 17/12/2014, 21:32:54 UTC
Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.


the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc

Lol. Why do you keep insisting that Paycoin MINING will have anything to do with the BTC network hashrate? POW mining for XPY is done on Friday. All ASICs will switch back to BTC as soon as that happens. And that will the last we hear of Paycoin.  Wink