Difficulty? Retarget? Time per Block?

[heyhey]

Hey guys,

I don’t quite understand about the mining things.

The next difficulty will be 94.085571052525, it may take more than 3 days to retarget from now. So what does it mean? After retargeting, less time to generate a block? more miners join ? the miners dump the coins harder? the price of FTC drops harder?

Can someone explain a little bit ? Thank you.

[zerodrama]

FTC price dropping will mean we ultimately get cheaper coins from the hit and run miners.
But don’t expect that to be easy. There’s plenty of people here who will gladly buy the coins.

The generating time is set to 2.5 minutes, we’re slower than that so the generating time will decrease. It will keep going down until that is reached. We’re just not going to have the issues we had up until now.

And every altcoin will face these issues soon, at which point we will be ahead of all of them including litecoin. The GPU rush isn’t over. I also have this feeling the ASIC market will self destruct and be limping soon.