Moonbound Reviews and details

Social recommendations and mentions

• Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown

  Hashrate continues to be down. Difficulty is on pace to decrease again in the new epoch: https://diff.cryptothis.com/. Source: almost 3 years ago

• Daily Discussion, July 01, 2021

  The difficulty adjustment will take place in the next 48 hours, it will clear up the mempool. Here is a real-time tracker https://diff.cryptothis.com/. Source: almost 3 years ago

• The next difficulty adjustment period is going to have a crappy rate too.

  Not seeing how epoch will take 16 days, all estimates I see are 2d and 16~19h from now. Here's a good site to show blocks per difficulty epoch: https://diff.cryptothis.com/. Source: almost 3 years ago

• Difficulty adjustment

  A current estimate is available here Https://diff.cryptothis.com/. Source: almost 3 years ago

• Holy shit, btc hash dropped to just 66 exahash and are now in full chaindead mode. If there is a large drop in price now they might be done for

  Yeah in 4 days according to this estimate we will get to the new difficulty adjustment. The largest mining country in the world banned mining and we got a few days of delayed transactions. What I want to see is if China is selling those miners or if they are secretly mining another private chain. https://diff.cryptothis.com/. Source: almost 3 years ago

• The next difficulty adjustment period is going to have a crappy rate too.

  If you want to watch, https://diff.cryptothis.com/ and https://jochen-hoenicke.de/queue/#0,24h. Source: almost 3 years ago

• So with the difficulty rate of mining drastically reduced is this the time to either start mining ourselves or invest into mining companies? 🤔

  The adjustment occurs every 2016 blocks. The next adjustment is due in 582 blocks Https://diff.cryptothis.com/. Source: almost 3 years ago

• How does difficulty change work?

  Difficulty adjustment is every 2016 blocks, which is normally 14 days. The current fall in the hash rate means we have to wait longer Https://diff.cryptothis.com/ The current difficulty period is estimated to be between 17 and 18 days, unusually long. Source: almost 3 years ago

• Can someone explain why does China’s crackdown on miners cause plunge in prices? Wouldn’t reduced supply increase BTC price?

  Retargeting happens every 2016 blocks Https://diff.cryptothis.com/. Source: almost 3 years ago

• 1 sat/vB transactions are being mined

  Difficulty will rise ~20% on Thursday which could mean the mempool and fees going up again. Don't miss this opportunity. Source: almost 3 years ago

• 1 sat/vB BTC transactions are being mined

  Next Thursday difficulty will go up ~20%, the mempool will grow and fees will rise. Source: almost 3 years ago

• 2 sat/vB transactions are being mined

  Last Saturday difficulty dropped by 12.6% because blocks had been very slow due to some Chinese miners shutting down following a coal mine incident. The Chinese miners are now back and so far this period 19% more blocks than 6 an hour have been mined, and the mempool has been shrinking. Source: almost 3 years ago

• Last chance for low BTC fees?

  Following Saturday's difficulty adjustment, BTC blocks are coming 24% faster than 6 an hour, the mempool is clearing and fees are coming down. Source: almost 3 years ago

• But also buy DOGE I guess

  Anyway, the network automatically adjusts the difficulty regularly to keep rewards at the expected amount: https://diff.cryptothis.com/. Source: almost 3 years ago

• Since block creation is slower right now (due to hash rate drop), transactions compete for fewer blocks and transaction fees are driven up. When will the next adjustment take place? Are transaction fees likely to drop quickly then?

  Fees have dropped already, most likely because the hash rate has recovered. The estimate for the current adjustment period is about 16 days Https://diff.cryptothis.com/. Source: almost 3 years ago

• Daily General Discussion - April 22, 2021

  Https://diff.cryptothis.com/ according to this 40% is fud. It's somewhere between 24-16%. Also there is a thing called difficulty adjustment algorithm in Bitcoin. If the hashpower doesn't come back online things will be back to normal in about a week. Source: about 3 years ago

• BCH is making transactions cheaper for Bitcoin

  Miners increased block production rate and more transactions get processed - https://diff.cryptothis.com/. Source: about 3 years ago