Bitcoin Forum

Other => Beginners & Help => Topic started by: CyberEd on December 04, 2013, 11:32:48 PM



Title: BTC's Future Difficulty
Post by: CyberEd on December 04, 2013, 11:32:48 PM
With more and more powerful hardware (most notably ASICS) hitting the network every day, what's everyone's guesses for BTC's mining difficulty for January 1st?

http://bitcoindifficulty.com (http://bitcoindifficulty.com) has some useful information and short term estimates.

http://bitcoin.sipa.be/speed-lin.png


Title: Re: BTC's Future Difficulty
Post by: odolvlobo on December 04, 2013, 11:56:41 PM
Here are my estimates:

New DifficultyTime of ChangeAmount of Change
955,001,18212/10/2013 1:07:3635.00%
1,241,501,53712/20/2013 19:35:1730.00%
1,551,876,9211/1/2014 0:23:1725.00%


Title: Re: BTC's Future Difficulty
Post by: CyberEd on December 05, 2013, 03:47:55 AM
Yeah, unfortunately I agree. If those are accurate predictions it only further proves ASICs will never see a ROI. There's a nice 1.2 Th/s machine I could get my hands on but unless I get it tomorrow it doesn't look too promising.

Thanks for your input odolvlobo! Honestly, I thought this topic would be more popular.


Title: Re: BTC's Future Difficulty
Post by: odolvlobo on December 05, 2013, 04:28:34 AM
Yeah, unfortunately I agree. If those are accurate predictions it only further proves ASICs will never see a ROI. There's a nice 1.2 Th/s machine I could get my hands on but unless I get it tomorrow it doesn't look too promising.

Thanks for your input odolvlobo! Honestly, I thought this topic would be more popular.

You can't make a blanket statement like that because a positive ROI depends on three factors: difficulty, cost, GH/s

Most people will lose money buying because they haven't paid attention to these three factors, but it is still possible. On the other hand, when a lot of people mine at a loss, it is hard for anyone to mine at a profit.