If you lower the difficulty, lose miners. The price of bitcoin falls yes. But, you also produce more BTC easier - it will normalize. Right now it's too much torque on a system. It's like driving 1st gear to 40mph at 8000rpm. You can do it, but you don't want to keep doing it. You need to drop the RP...

No GregoryGHarding, bitcoin and altcoin IS something you can negotiate. IF the miners leave, then the pool fails. It's that simple, there the value is on the demand.

dnprod, yes that is the reality. My explanation is why it's less. CSZiggy, to double the value of the coin we must lose 50% of the miners in the entire network. OR use more services to make it more standard. The problem is Asia/Russia has an advantage because of the cheap electricity (poor quality, ...

The cost of electricity is over evaluate by 100% on average because it's a business in capitalist countries and in socialist countries like RUSSIA and CHINA and DUBAI it's $0.04 to $0.08 kwh. Halving the value of production. Which BTW is where all the big mining operations are. Only way to make mone...

To support what I said - the core trade for ALL Crypto is mining equipment. The producer trades no $$$$ (Country currency), it trades the result of the equipment in use. Therefore, the producer of the equipment is evaluating that the HASH is worth x to them, not the $$$$ (Country currency). So they ...

Again, your wrong. ALL Alt coins besides Syscoin which is the only one I know of, follow BTC because they set their trading value against BTC. Which makes BTC the centralize core of all crypto. It means, like the US Dollar, it is the reserved currency for the world (not officially but by usage). So ...

It's the same thing. The Difficulty goes up because of the number of Miners vs. the number of blocks available and the time threshold of 10 minutes per block. Indirectly, you should have read into this if you have any knowledge of crypt-currencies. The price of the coin drops directly as the valuati...

Do the Math. It's indicative of price manipulation - I suspect it's the power companies valuing their electricity. Here is the math every 11.5PHs results in 15 Blocks Found per day (lottery, but average) To mine the block successfully and fully is 1 in 2,170 chance. Assuming a 100% hit, for 15 block...