We all expected to have a stabilized decreasing difficulty rate but seems that wont happen for next months.
What the heck is happening, is it maybe the adjusted Btc price?
just shows you the real markup of making ASIC hardware
I think a few of us a month ago figured that KNC has around $80 cost per BTC at this point (all things considered) so why wouldn't everyone that has the means to pump out ASIC hardware keep pumping them out until the price goes below $100 or cost starts to ratchet up per BTC mined?
that's another reason KNC was so happy to unload all their bottom barrel jupiters off their shelves.. those were the boards not pulling their full weight and also btc was low $400 at the time.. perfect to unload to desperate greedy dumb schmucks.. even if they gave out twice the amount to some folks those boards were headed to the trashbin anyway
add to that some of these miner companies have junk miners that produce work but nary a block found... there is NO validation mechanism at this time on pools to weed out fugazi miners.. it is a case by case manual process
so not only the small time miner getting squeezed out by the big dogs on hash ratio.. they are also having their public pools getting dead weight junk miners sucking up share payouts while decreasing the % luck of the pool while private pools run at normal luck
you feel like a squashed bug on a windshield yet?