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Earlier quoted context omitted.
It's predicted to happen mid-2016, 70% of all coins to ever be mined have been so. This has been a really interesting tech to watch over the years.
What happens when we reach 100%?
Earlier quoted context omitted.
It's predicted to happen mid-2016, 70% of all coins to ever be mined have been so. This has been a really interesting tech to watch over the years.
What happens when we reach 100%?
Hash rate has increased by 41.9% over the same period, so the difficulty has kept the time-to-generate relatively fixed - just the way it's supposed to work.
The real news is that someone or someone(s) have added ~200PH/s worth of processing power to the network in the past 30 days. This is probably from some high-power ASIC miner being released, or from some consolidated mining concern going live.
This is a strong indication that a light show is coming.
This is a strong indication that a light show is coming.