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Post by mrnewguy on Nov 3, 2017 5:10:51 GMT -6
difficulty has been stable at 8.4Million in the last hours... looks like the actual ETN mining rate will be the rate for the next couple days (i guess).
we got the huge difficulty increase in the past 2 days, but now it's not increasing anymore. Any super expert knows how this work exactly?
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Post by sedin on Nov 3, 2017 6:26:47 GMT -6
Difficulty increase with the Network H/s so that it takes approximately always the same time for the network to find a new block. Since the Network H/s don't really increase anymore, difficulty do the same.
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Post by montmars on Nov 3, 2017 6:46:53 GMT -6
But that's a good thing for smaller miners like us because our payouts stop decreasing every second!
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Post by mrnewguy on Nov 3, 2017 7:17:56 GMT -6
But that's a good thing for smaller miners like us because our payouts stop decreasing every second! definitely
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Post by Eylok on Nov 3, 2017 8:06:36 GMT -6
And once people who just tried to mine as curiosity will stop, it should go down?
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Post by kiint on Nov 3, 2017 8:14:48 GMT -6
Simple question with a complicated answer. See en.bitcoin.it/wiki/Difficulty. In the middle is "Can the network difficulty go down? Yes it can. See discussion in target." This links to en.bitcoin.it/wiki/Target. If you understand all that math, then good on you - you can explain it to me. TL;DR - No. As this has only just started, difficulty will only increase for now.
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