Thread: Bitcoins
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Old 04-05-2013, 12:19 PM   #61
Hack&Lube
Atomic Nerd
 
Join Date: Jul 2004
Location: Calgary
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Quote:
Originally Posted by Rathji View Post
Note: the estimated next change really doesn't mean anything, unless the growth in computational power is consistant, which I don't really suspect. The likely cause of this bump is rigs being brought backonline, like H&L's because it is much more profitable at this exchange.
I think short term consistency is pretty strong. There are a lot of rigs that went dormant in the dark ages (< $5 BTC). Seeing as how a 238% increase in difficulty basically means profitability is halved, I really don't see myself coming back online anymore unless the price of BTC also doubles accordingly (genuine possibility at current rates).
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