Mining of Bitcoin is down by almost 40%

in #mining • 7 years ago

I have been mining Bitcoin since May 2017. Since the price have started going up on Bitcoin over the last few days however, the GHs produced on a day to day basis has gone down by 36.6% from what it was on the 5th of July, to now on the 24th of July. Not sure why this is happening though.

If anyone can shed light on this, please let me know.

#hash #bitcoin #production #down
7 years ago in #mining by
$0.02
  • Past Payouts $0.02, 0.00 TRX
  • - Author $0.02, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
4 votes
Reply 3
Sort:  
  • Trending
    • [-]
     7 years ago 

    becoz according to the mining difficulty the price of bitcoin is less and dash is far more profitable than bitcoin ...so everybody is shifting towards dash mining ...thus the difficulty of dash mining has increased many times in the past months

    $0.02
    • Past Payouts $0.02, 0.00 TRX
    • - Author $0.02, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

    Oh. Thank you very much. How does one move over. I bought into Galaxy Mine. Is this a mere change in aoftware?