Final Diff thread prize is $75 runs Sept 25 to OCT? picks are now closed.

[philipma1957]

So while I did not want to run any more threads it looks like the universe has a different plan for threads then I did.

So one more last thread.  

I will boost to  $75 for the prize. To make it easier to win  picks will start at 916  and end at 616.


Bitcoin Difficulty:   241,227,200,230
Estimated Next Difficulty:   251,954,052,342 (+4.45%)

Adjust time:   After 1997 Blocks, About 13.9 days     Start block 916 end block 616

Hashrate(?):   1,735,641,063 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
Updated:   7:35 (3.8 minutes ago)



Jump was big +6.82%

Difficulty History

Date   Difficulty   Change   Hash Rate

Sep 25 2016   241,227,200,230   6.82%   1,726,771,560 GH/s


Sep 12 2016   225,832,872,179   2.30%   1,616,574,667 GH/s
Aug 29 2016   220,755,908,330   1.56%   1,580,232,344 GH/s
Aug 15 2016   217,375,482,757   7.67%   1,556,034,316 GH/s
Aug 02 2016   201,893,210,853   -5.43%   1,445,207,896 GH/s
Jul 18 2016   213,492,501,108   0.04%   1,528,238,850 GH/s
Jul 04 2016   213,398,925,331   1.88%   1,527,569,009 GH/s
Jun 21 2016   209,453,158,595   6.83%   1,499,324,110 GH/s
Jun 08 2016   196,061,423,940   -1.63%   1,403,462,340 GH/s
May 24 2016   199,312,067,531   2.60%   1,426,731,353 GH/s
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796           18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900           8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643        10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180           5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450           2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480          0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039          2.49%   435,318,014 GH/s
Sep 17 2015   59,335,351,234         4.17%   424,738,988 GH/s
Sep 04 2015   56,957,648,455       4.98%   407,718,729 GH/s
Aug 22 2015   54,256,630,328          2.95%   388,384,088 GH/s
Aug 08 2015   52,699,842,409         0.81%   377,240,166 GH/s
Jul 25 2015   52,278,304,846         2.35%   374,222,683 GH/s
Jul 11 2015   51,076,366,303         3.39%   365,618,871 GH/s
Jun 28 2015   49,402,014,931         -0.58%   353,633,397 GH/s
Jun 14 2015   49,692,386,355         4.42%   355,711,957 GH/s
May 31 2015   47,589,591,154        -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245         2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018    0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513     -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688    5.84%   353,951,052 GH/s
Mar 22 2015   46,717,549,645    -1.50%   334,417,246 GH/s
Mar 08 2015   47,427,554,951    1.59%   339,499,662 GH/s
Feb 22 2015   46,684,376,317    5.01%   334,179,783 GH/s
Feb 09 2015   44,455,415,962    7.71%   318,224,263 GH/s
Jan 27 2015   41,272,873,895    -6.14%   295,442,739 GH/s
Jan 12 2015   43,971,662,056         8.20%   314,761,417 GH/s
Dec 30 2014   40,640,955,017         3.00%   290,919,288 GH/s
Dec 17 2014   39,457,671,307        -1.37%   282,449,013 GH/s


© 2013-2014 BitcoinWisdom.com


First rule is I decide all rules since it is a free chance to get some coin.
Second rule is you need to be  a forum member since May 15th of 2016
Third rule is you need to have made 30 posts.  I will read them and decide if you appear to be real.
Fourth rule is if I think you are double dipping your picks won't be allowed
Fifth rule is we open picks at 916 and end picks at 616   just about 2.5 days to pick.
Sixth rule is  this is for fun so I tend to allow off topic and don't delete very much.
Seventh rule is your pick should look like  -1.2 = philipma1957 or   +1.2 = philipma1957
Eight rule is  if you pick a used pick I will assign a pick to you and you are stuck with the one I assign.
Ninth rule no pick changes
Tenth rule no pre picks via pm's
Eleven rule no late picks.

Anything I missed above feel free to mention.

I self mod due to seriouscoin
I always pick -1.2 due to seriouscoin

[1713963669]

1713963669

[1713963669]

1713963669

[1713963669]

1713963669

[fr4nkthetank]

Those spikes are intense.  I was so close last time   The bitcoin gods will never let you stop this hahahaha there will be no winner for the foreseable future :p

[philipma1957]

Those spikes are intense.  I was so close last time   The bitcoin gods will never let you stop this hahahaha there will be no winner for the foreseable future :p

$75 dollar prize picks starting at 916 and ending at 616  will finish this off. (I hope)

[vapourminer]

So while I did not want to run any more threads it looks like the universe has a different plan for threads then I did.

So one more last thread.  

did you really think you would get out of the contest this easily?

heh probably there will no correct guess till late 2017

[HerbPean]

Estimate Current Hashrate 1.87 Peta

ouch

[petahashminer]

Estimate Current Hashrate 1.87 Peta

ouch

it must be exa  

in the last 24 hours, hashrate has increased for about 800 phs. amazing.

25.09.2016 09:16   431424         
26.09.2016 07:44   431587         
            
163  BLOCKS    Estimated Next Difficulty Change:   20.99%   Estimated Next Difficulty   291850595961
            
Remaining Blocks:    1853         

[Last of the V8s]

Estimate Current Hashrate 1.87 Peta

ouch

it must be exa  

in the last 24 hours, hashrate has increased for about 800 phs. amazing.

25.09.2016 09:16   431424         
26.09.2016 07:44   431587         
            
163  BLOCKS    Estimated Next Difficulty Change:   20.99%   Estimated Next Difficulty   291850595961
            
Remaining Blocks:    1853         

We're gonna need a bigger yotta

https://en.wikipedia.org/wiki/Metric_prefix

[HerbPean]

Estimate Current Hashrate 1.87 Peta

ouch

it must be exa  

in the last 24 hours, hashrate has increased for about 800 phs. amazing.

25.09.2016 09:16   431424         
26.09.2016 07:44   431587         
            
163  BLOCKS    Estimated Next Difficulty Change:   20.99%   Estimated Next Difficulty   291850595961
            
Remaining Blocks:    1853         

We're gonna need a bigger yotta

https://en.wikipedia.org/wiki/Metric_prefix

Yeah brain fart.

you guys got the point

EDIT: Up we go    1,903 Exa

[philipma1957]

really big numbers

[HerbPean]

Hashrate(?):   1,948,909,679 GH/s

wow

[petahashminer]

Hashrate(?):   1,948,909,679 GH/s

wow

we are going astronomically high values, instant hashrate shows 2.8 exahashes!!. i cant believe it , but a new farm, or a new energy friendly equipment is on the match .

and this is not s9 units. 

[HerbPean]

Hashrate(?):   1,948,909,679 GH/s

wow

Hashrate(?):   2,070,035,110 GH/s

[adaseb]

Funny how before the halving everybody was saying that the hashrate would go down and the price would go up but the complete opposite happened.

[NeuroticFish]

So while I did not want to run any more threads it looks like the universe has a different plan for threads then I did.

So one more last thread. 

I was surprised to see this thread. But it's always a nice surprise.
I do read them and I do enjoy reading them and playing into this.

Funny how before the halving everybody was saying that the hashrate would go down and the price would go up but the complete opposite happened.

If I remember it well, the price had quite a jump last winter. The new price was good enough to cover the mining costs and since then the price mostly grew. We had 240$ or so, and now it's 600$.
The halving was expected to bring a pump and dump, but when everybody expects that, the speculators stay away There was a pump before the halving (760$?).

[philipma1957]

So while I did not want to run any more threads it looks like the universe has a different plan for threads then I did.

So one more last thread. 

I was surprised to see this thread. But it's always a nice surprise.
I do read them and I do enjoy reading them and playing into this.

Funny how before the halving everybody was saying that the hashrate would go down and the price would go up but the complete opposite happened.

If I remember it well, the price had quite a jump last winter. The new price was good enough to cover the mining costs and since then the price mostly grew. We had 240$ or so, and now it's 600$.
The halving was expected to bring a pump and dump, but when everybody expects that, the speculators stay away There was a pump before the halving (760$?).

I think the large theft of BTC from bitfinex set the price back and from the viewpoint of big money guys show the huge weakness of btc

It is too easy to get it stolen and BTC helps the thief to get away with it.

Compare it to ETH  while it may be just as easy to steal  ETH prevented the thief from keeping it.

I am a nobody money wise in these coin games, but a big player had to be swayed by the results of the two thefts.

As for the diff jumping compared to the ½ ing  the s-9 is 2.5 x better the ½ ing  is 2 x worse

scale that  against the diff of 213 on july 4 the  diff should be 266 today it is 241  so the adjustment is lower.

Many fail to see that the jump from s7 to s9  in eff more then makes up for the ½ ing.

[petahashminer]

25.09.2016 09:16   431424         
27.09.2016 14:06   431779         
            
355  BLOCKS    Estimated Next Difficulty Change:   12.00%   Estimated Next Difficulty   270168286664
            
Remaining Blocks:    1661         

[NeuroticFish]

I think the large theft of BTC from bitfinex set the price back and from the viewpoint of big money guys show the huge weakness of btc
It is too easy to get it stolen and BTC helps the thief to get away with it.
Compare it to ETH  while it may be just as easy to steal  ETH prevented the thief from keeping it.
I am a nobody money wise in these coin games, but a big player had to be swayed by the results of the two thefts.

It's not necessarily a weakness of BTC, but a big player needs to keep big money at the exchange.
It doesn't have to be seen as a bitcoin weakness. If the exchange can this easily get hacked, I can understand why some are not eager to keep value (money or BTC) on services so weak and gave up this business.

As for the diff jumping compared to the ½ ing  the s-9 is 2.5 x better the ½ ing  is 2 x worse
scale that  against the diff of 213 on july 4 the  diff should be 266 today it is 241  so the adjustment is lower.
Many fail to see that the jump from s7 to s9  in eff more then makes up for the ½ ing.

Wow, I didn't know either that the difference between them is SO big.
Yes, if the efficiency also makes up for the halving, then indeed the price is more than OK now for the miners, no reason to force it to rise.

[philipma1957]

I think the large theft of BTC from bitfinex set the price back and from the viewpoint of big money guys show the huge weakness of btc
It is too easy to get it stolen and BTC helps the thief to get away with it.
Compare it to ETH  while it may be just as easy to steal  ETH prevented the thief from keeping it.
I am a nobody money wise in these coin games, but a big player had to be swayed by the results of the two thefts.

It's not necessarily a weakness of BTC, but a big player needs to keep big money at the exchange.
It doesn't have to be seen as a bitcoin weakness. If the exchange can this easily get hacked, I can understand why some are not eager to keep value (money or BTC) on services so weak and gave up this business.

As for the diff jumping compared to the ½ ing  the s-9 is 2.5 x better the ½ ing  is 2 x worse
scale that  against the diff of 213 on july 4 the  diff should be 266 today it is 241  so the adjustment is lower.
Many fail to see that the jump from s7 to s9  in eff more then makes up for the ½ ing.

Wow, I didn't know either that the difference between them is SO big.
Yes, if the efficiency also makes up for the halving, then indeed the price is more than OK now for the miners, no reason to force it to rise.

it is actually worse  the new s-7's  are at .28 to .29 watts a gh    the s-9s at .1 to .11    watts a gh

As for what coin to have to be safe I am not so sure big hitters feel safe with either coin as there are a lot of ways to lose them. 

But  ETH  manage to stop a 100 million theft or manipulation coins.

BTC has not done this that I know of.

[notlist3d]

Sad to see final thread, it's been a lot of fun thanks phil for running them.  It sure is high already I hope it goes down as price does not seem match the difficulty jump up, which makes margins smaller... and smaller.

And I agree ETH is interesting they stopped a theft but at a high cost... price went down even had the ETC come out of it.  It was a unique situation with a lot of powerful whales that did not want to lose money.  

[philipma1957]

Sad to see final thread, it's been a lot of fun thanks phil for running them.  It sure is high already I hope it goes down as price does not seem match the difficulty jump up, which makes margins smaller... and smaller.

And I agree ETH is interesting they stopped a theft but at a high cost... price went down even had the ETC come out of it.  It was a unique situation with a lot of powerful whales that did not want to lose money.  

  yeah frankly I could go for 50-100k but for lack of protection I stay in the 10k to 15k area.

Right now I have :

4 s-9s             = 5200
27 gpus + pcs = 7800

6 or 7 k in mixed coins 
2 k in cash

which adds to 22000, but the pc gear has real value so I can be higher in my investment