Bitcoin Forum

Bitcoin => Hardware => Topic started by: smoothie on March 18, 2013, 05:11:40 PM



Title: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: smoothie on March 18, 2013, 05:11:40 PM
This 10% difficulty hike is only the start. Usually it is a snowball effect...

I predict at the end of April we will be at 7.5 million difficulty...easy.

Cutting into mining profits....nom nom nom nom.


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: dropt on March 18, 2013, 05:22:47 PM
I'm going to have a funeral for my GPU Farm.

Edit:  I'm not a BFL investor though.


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: vvic on March 18, 2013, 05:31:47 PM
I predict at the end of April we will be at 7.5 million difficulty...easy.
You know what? you might be right (or slightly off towards 7.8-8 million)
What do you think the price will be for bitcoin?


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: Bogart on March 18, 2013, 05:34:16 PM
Current Difficulty: 4847647.152065606
Next Difficulty In About: 6d15h44m15s
Next Difficulty Estimate: 6143596.27281
Estimated Percent Change: 26.73357


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: johnyj on March 18, 2013, 06:46:08 PM
Current Difficulty: 4847647.152065606
Next Difficulty In About: 6d15h44m15s
Next Difficulty Estimate: 6143596.27281
Estimated Percent Change: 26.73357

27% is more realistic, and after another month the network will reach 100TH, and BFL will push it further to 500TH if they deliver


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: joshv06 on March 18, 2013, 07:15:59 PM
Even with a predicted difficulty of 6143596, my quad 7970's will get ~$10 a day rather than now's $12.70. I guess it's not too bad. Any other GPU miners actually not too upset about but BFL delay? I have 2 pre-orders for ASIC SC Singles, the delay has aloud me to make on average $300 a month for the past ~6 months ($1800), and has heated my room during the cold months, while getting more of my ROI on my quad 7970 rig.

I would completely understand someone who is new to mining and made pre-orders, I would be pissed too. Especially those who sold their GPU rigs around the time that the ASICs were supposed to be released.


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: The-Real-Link on March 18, 2013, 10:53:45 PM
Don't mind it.  GPUs working in the meantime until ASICs get sorted out.


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: cchan on March 19, 2013, 12:50:56 AM
Avalon really tells us: Time is money...


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: FreedomCoin on March 19, 2013, 03:11:32 AM
Avalon really tells us: Time is money...

agreed


Title: Re: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?
Post by: tvbcof on March 19, 2013, 03:40:17 AM

If BTC prices continue to rise, the BFL guys and their sloppy seconds may be OK after all.  Assuming BFL delivers anything that hashes at all that is.  This remains a big 'if' to this day in my book.

Of course if the BTC price continues to rise the pain of handing them over to BFL as pre-order funds, or not simply buying them for fiat (back soooo many months ago) becomes that much more painful as well.  But that's a sunk cost and water under the bridge now.