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Title: drop in mining difficulty Post by: wpalczynski on January 01, 2014, 07:28:23 PM Other then a dropping hashrate are there any other factors which influence the drop in mining difficulty of a particular coin?
Cheers! Title: Re: drop in mining difficulty Post by: Grix on January 01, 2014, 11:12:16 PM Nope.
Title: Re: drop in mining difficulty Post by: Rival on January 02, 2014, 02:06:02 AM If someone dropped a nuke on the ghash.io facility it would bring down the global hashrate. Thats probably the only site with enough centralized hash to make a dent for any period of time.
Title: Re: drop in mining difficulty Post by: wpgdeez on January 02, 2014, 08:47:30 PM That would be a late xmas present to the rest of us miners :P
Title: Re: drop in mining difficulty Post by: frank754 on January 02, 2014, 09:40:55 PM The bitcoin difficulty just went up to 1,418,481,395
One site (bitcoinwisdom.com) says it will go up: Estimated Next Difficulty: 1,619,198,809 (+14.15%) Adjust time: After 1909 Blocks, About 13.3 days But another site predicts it will go down slightly (bitcoinwatch.com) Next Difficulty in 1909 blocks 1,416,645,623 Title: Re: drop in mining difficulty Post by: skuser on January 04, 2014, 02:58:18 PM Seems that Bitcoinwisdom is using incorrect way of calculating next difficulty, so their predictions immediately after difficulty change are totally off. The reason probably is they take last X blocks speed generation to estimate next difficulty but they are not recalculating blocks generation speed with current difficulty. As the number of generated blocks in current difficulty rises to X, their prediction becomes correct.
You can make an idea about next difficulty change just by looking at bitcoin.sipa.be charts like this one http://bitcoin.sipa.be/speed-lin-2k.png ...Currently it seems for very little difficulty change because current hashrate is fluctuating near the red - current difficulty line. |