This is yet another all time high for Bitcoin mining difficulty following last adjustment's achievement of yet another all time high.
- Buttcoin Unlimited fork supporters are still waiting for the second coming of their altcoin Jesus Roger Ver, hoping he makes good on a promise to trade all of his actual Bitcoins for BCU tokens on Buttfinex at a 1:1 ratio. A reddit user claiming to control an address with 40,000 BTC made the deal with the shitcoin slinger over a week ago, though the deal has to be finalized, likely due to the whole "deal" being nothing more than a social engineering attempt to shore up prices and support. Prices of the BCU tokens at the time of this article were sitting at 0.14 BTC per and a stagnant volume of less than 20 BTC in trading.
- Reddit users finally start to suspect that, just maybe, 21co is nothing more than shit-as-a-service, with one user noting the only thing to come out of $121.5 million USD in venture capital funding being a paid inbox service and a $400 Raspberry Pi doorstop with no case and software cloned from other repositories on Github. (archived)
- Syscoin announced it had received Microshit Azure product certification for 3 "blockchain technology" products, after initially partnering with the altcoin developers a year ago. The hope is that they can sell their particular brand of blockchain snakeoil as enterprise services, although users would likely be better off just using MySQL in the first place.
- An unknown prankster hacked mining pools antpool, viabtc, and btctop and redirected the hashpower to f2pool. f2pool owner Wang Chun reported that their hashrate "Doubled Instantly". (archived)
As commonly happens Bitcoin mining difficulty increased yet again for another all time high. The difficulty went from 475705205061.62921143 to 499635929816.66754150 for a change of ~5.0305787 percent.
Today Bitcoin mining difficulty increased ~3.24 percent from 460769358090.71423340 to 475705205061.62921143 for yet another all time high. The magnitude of increase is down slightly from the last two adjustments of ~4.535 and ~4.4 percent. US dollars continue trading under 1/1100th of a Bitcoin on fiat centered fiat/Bitcoin interfaces as fiat malaise continues.
The Bitcoin network mining difficulty has risen to 460769358090.71423340 from 440779902286.58917236 in a change of ~4.535 percent. This is in line with last period's rise of ~4.4 percent. Meanwhile fiat/Bitcoin interfaces continue to steadily report record malaise on the fiat side. Reported prices continue to be near or below the 2013 MtGox record low for the US dollar.
The Bitcoin network mining difficulty has climbed ~4.4 percent to 440779902286.58917236 from 422170566883.83685303 in a move that brings yet another all time high mining difficulty.
The Bitcoin network mining difficulty has climbed to 422170566883.83685303 in an approximately 7.43% increase over the previous level. Two weeks ago, the last adjustment took the network mining difficulty up ~16.64% in move that represented a substantial purchases of computing equipment good at hashing double rounds of SHA256 and nothing else. As with most recent difficulty adjustments this is yet another all time high Bitcoin mining difficulty.
As mentioned in Shinohai's latest shitcoin Roundup, a few single language Chinese miners have taken to expressing an unjustified degree of loyalty to yet another doomed anti-Bitcoin forking effort. In the same week the fork effort's defective client unintentionally fell out of consensus due to its inherent slop, Andrew Quentson (WOT:nonperson) published a purported "cosmetically corrected" interview with Jiang Zhuoer (WOT:nonperson) where among other things Zhuoer confesses to "SPV mining" while asserting to have 100 million dollars1 committed to destroying any actual Bitcoin network which remains after splitting his favored altcoin from Bitcoin.
If Zhuoer's intent actually corresponds to what the words printed in English mean,2 it represents a paltry counter to the deterrent presented by Mircea Popescu and other lords of the Most Serene Republic, which has thus far damped off earlier social engineering attempts to fork Bitcoin into something else before they could root.
Continued imprudence among mining pool operators suggests that a solution to the mining bug3 in order to disabuse certain activist factions of their imagined participation in Bitcoin. Importantly, recent efforts by the People's Bank of China to bring sanity to their local fiat/Bitcoin interfaces does not preclude future statal attempts to attack Bitcoin via the mining vector from the People's Republic of China. Sorry for your loss.
Bitcoin mining difficulty has adjusted to 392,963,262,344.3704, constituting a shocking 16.64% leap above the previous level; for context, only two adjustments during the preceding fiat winter had a larger delta. While the network is close to completing its third exahash, more blocks at this level are needed for a confident estimate.
The Bitcoin mining difficulty has started off the fiat year with its sixth consecutive rise, reaching a value of 336899932795.8077; this being ~6.05% above the previous value, and corresponding to a network hashrate of roughly 2.4 EH/s.