|
Title: Bitcoin Difficulty Estimations Post by: HarrisonS on December 12, 2013, 12:07:17 AM Is there any site that has somewhat reliable predictions for the next 10 difficulty increases?
What kind of machines are responsible for the majority of the network hashrate, and at what difficulty will they become unprofitable due to power costs? Title: Re: Bitcoin Difficulty Estimations Post by: deepceleron on December 12, 2013, 12:12:28 AM I have an estimation, and it is UP.
The difficulty is based on the hardware people are ordering and putting into service. You would need to investigate the possible delivery dates of several different ASIC miner companies and the hash power that they will deliver. Since a lot of this is contract mining companies or vendors that keep their sales figures a secret, the best anyone can do is guess. Newest miners are power efficient, the main factor is that they may never pay for themselves in Bitcoins. Title: Re: Bitcoin Difficulty Estimations Post by: nahtnam on December 12, 2013, 12:13:07 AM Is there any site that has somewhat reliable predictions for the next 10 difficulty increases? What kind of machines are responsible for the majority of the network hashrate, and at what difficulty will they become unprofitable due to power costs? Would this work? http://bitcoinwisdom.com/bitcoin/difficulty (http://bitcoinwisdom.com/bitcoin/difficulty) Title: Re: Bitcoin Difficulty Estimations Post by: probeer on December 12, 2013, 01:02:12 AM I have an estimation, and it is UP. The difficulty is based on the hardware people are ordering and putting into service. You would need to investigate the possible delivery dates of several different ASIC miner companies and the hash power that they will deliver. Since a lot of this is contract mining companies or vendors that keep their sales figures a secret, the best anyone can do is guess. Newest miners are power efficient, the main factor is that they may never pay for themselves in Bitcoins. And when making any kind of estimations about the difficulty because you want to calculate your mining profits or ROI, you also have to take into account the price of bitcoins, or at which rate you are planning to sell them. Title: Re: Bitcoin Difficulty Estimations Post by: Taiwan92 on December 12, 2013, 01:13:39 AM Is there any site that has somewhat reliable predictions for the next 10 difficulty increases? What kind of machines are responsible for the majority of the network hashrate, and at what difficulty will they become unprofitable due to power costs? Would this work? http://bitcoinwisdom.com/bitcoin/difficulty (http://bitcoinwisdom.com/bitcoin/difficulty) I am using this as well. :P I have an estimation, and it is UP. The difficulty is based on the hardware people are ordering and putting into service. You would need to investigate the possible delivery dates of several different ASIC miner companies and the hash power that they will deliver. Since a lot of this is contract mining companies or vendors that keep their sales figures a secret, the best anyone can do is guess. Newest miners are power efficient, the main factor is that they may never pay for themselves in Bitcoins. And when making any kind of estimations about the difficulty because you want to calculate your mining profits or ROI, you also have to take into account the price of bitcoins, or at which rate you are planning to sell them. If you expect bitcoin price to go up, why don't you just buy some bitcoin instead? Title: Re: Bitcoin Difficulty Estimations Post by: PenAndPaper on December 12, 2013, 06:14:36 AM There is a thread in this forum that keeps track for pre orders etc. I 'm not sure if it's up to date and i 'm bored to find it for you but you should check the mining speculation section :P
Title: Re: Bitcoin Difficulty Estimations Post by: deepceleron on December 12, 2013, 03:15:26 PM And when making any kind of estimations about the difficulty because you want to calculate your mining profits or ROI, you also have to take into account the price of bitcoins, or at which rate you are planning to sell them. No, you don't. If the miner costs 10 BTC and will only make 5 BTC if it was run forever, just buy the stupid bitcoins.Title: Re: Bitcoin Difficulty Estimations Post by: DeboraMeeks on December 12, 2013, 03:42:52 PM no site offers all ten upcoming increases,but one of the good sites offering next increases bitcoinwisdoms's calculator and they are someway accurate compared to many others. generally it's increasing so buying a new miner might no longer be profitable but if you are already working in mining...
|