5 ms·
Exactly. And a drop in hash power and difficulty, which have a lag between one and the other, enables miners with more expensive operations to enter. Of course
by sunshiney 8y ago
Exactly. And a drop in hash power and difficulty, which have a lag between one and the other, enables miners with more expensive operations to enter. Of course, they suffer when the reverse happens..but such is life.
- newnewpdro 8y agoIt was interesting when Monero did their first hard fork for "ASIC resistance" reasons. I happened to be paying attention that day, and there was a brief period where the network was small because everyone's miners couldn't participate until they were updated. My little single-GPU miner was suddenly rather effective because I had it back up immediately while the difficulty was very low. These days I don't bother turning it on, but when the scheduled forks occur there's probably still some opportunity for the little guys.
- asdff 8y agoWhat happens when the expenses to open new operations are too high even for the largest miners?