Hash power ...
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Is ftcs hash power increasing since we receive more attention?
ppc rising quickly, trollbox is full of ftc chatter, justabitoftimes affords in the last days, unocs, …Would be strange if we would see no new miners joining in the next days/weeks …
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I only look at the network hashrate a few times per day, so I don’t know what the actual numbers are. It seems like the network hashrate was sitting fairly low for a while until FTC spiked from being .0011BTC to .0023BTC overnight (which went back down fairly quick). I saw an increase of about 4X more hashing during this stint. Now it seems like people are actually interested in the potential and dropping huge miners in when the difficulty level drops.
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Website like coinchoose and coinwarz show the most profitable coin base on a calculation of price/difficulty/block reward. As the price goes up so does our ranking on coinchoose which means more miners seeking a quick buck.
Usually what happens is, as our diff drops we move up the profitability charts then the miners come, and shoot our diff back up again so we drop down. This time though we hit a particularly good spell where the price also rose negating the effect of the diff increase so the miners kept coming.
After a while SOME people will stick around as they are slightly longer term investors and will not be dumping the coins immediately so don’t mind if it’s not at the top of coinchoose.