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December 09, 2014, 02:46:16 AM

Some time ago, I've had a flashback to 2011. The next and final stage of the bear market began when difficulty began to decrease.

I have to say, I wouldn't have expected a difficulty decrease with ASICs, though the one we have is so minor it could be attributed to a stagnating network and randomness of hashes with the same machines. It should be impossible for difficulty to decline as much as with GPUs because ASICs can only do the one task, and they will be sold to whoever has cheapest energy.