Bitcoin mining difficulty rise and GPU mining bubble pop - January 24, 2017
A circle is an infinite loop because it keeps asking it self questions.
When guessing witch way to turn, right is light and left is death.
I see big boobs when I see the number 3 online, and it's fun 3.
Earth is light, and light has no shape, but I can define the light to be a round ball floating in space, the religion of Science.
A star to me is a light in the night sky, and nothing else beyond that.
I guess you think you almost died, but I know you did die, and now is your afterlife.
Internet = active imagination of computer.
I see what I program my self to see, it's all for my self by my self.
Mine Bitcoin @ GenesisMining.com 3% discount coupon code = YVhXDJ
Purchasing small amounts of hash power over time, eventually my daily payments overtook the amount I invest, right now I earn about $4 BTC per day ($120 per month), so I can upgrade my lifetime contract with $50 per month to increase my daily payment, and still have $70 profit. Some customers start with a large purchase of hash power to receive large daily payments they can re-invest frequently. Genesis Mining does all the work, and I get paid daily. 3% discount coupon code = YVhXDJ
this difficulty rise is huge
https://blockchain.info/charts/difficulty?timespan=all
mining is dead
long live mining ;)
Bitcoin price will need to go up $200 to compensate for the loss
for genesis mining ?
for ALL bitcoin mining
mh. interesting statement.
the hashrate is indeed a fundamental indicator.
its really exiting what will happen to the price after this difficulty increase.
maybe someone is expecting something
The price spiked to $1100 recently, so more miners started mining bitcoin, like I upgraded my genesis contracts in all the excitement, when there are more miners competing then the difficulty goes up, when the difficulty goes up then miners hold longer and don't sell, supply gets low and the price goes up, when the price goes up then the miners sell, the price tanks.. and the whole process repeats itself over time.