Bitcoin Forum

Bitcoin => Mining => Topic started by: AndyRossy on April 26, 2013, 02:46:24 PM



Title: BTC Difficulty Update Time
Post by: AndyRossy on April 26, 2013, 02:46:24 PM
Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?




Title: Re: BTC Difficulty Update Time
Post by: MashRinx on April 27, 2013, 04:43:09 PM

This page estimates going to 9.9 M on Tuesday:

http://dot-bit.org/tools/nextDifficulty.php (http://dot-bit.org/tools/nextDifficulty.php)


Title: Re: BTC Difficulty Update Time
Post by: 5120-01-518-6126 on April 27, 2013, 04:54:23 PM
Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?


No formulas exist -- it's best guess only (there are estimators around, e.g. http://bitclockers.com/miningcalculator).  Difficulty is adjusted every 2016 blocks based on an moving average target of 6 blocks per hour.  If blocks are generating faster, the difficulty increases; if slower, difficulty decreases.  Of course, with all the ASICs coming online, difficulty will probably never go down.  The next 2016th block will be Block # 233,855 coming up in a couple of days.