1
BitShares PTS / Re: GPU Mining and the market price of PTS
« on: January 15, 2014, 11:36:37 pm »By all appearances, GPUs have had a negligible impact on net processing power. We're still set to drop next difficulty change.
http://mrx.im/pts.php
Also, I think you have the answer in your post: your 18 MH rig is making you less than $100/day on PTS, while you could almost certainly be making more than that mining, well, scrypt.
Why would I mine PTS with an AMD GPU? NVidia is a different story, but again, it does not appear to have affected much.
Anyway, if we believe in what's going on here, we should appreciate this buying opportunity, right?
Did I get that right, that difficulty will go down again at "Time to retarget: 8d 01:08:19 (2014-01-24 09:25:03 UTC+9)"? And this potentially makes the price drop a little?
I'm hoping difficulty increases point to scarcity point to greater demand point to price jumps! Not always the case though, especially short-term.
go pro(toshares)!!
