Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: desert_beagle on May 18, 2013, 10:42:38 PM



Title: Estimated difficulty by the end of Summer?
Post by: desert_beagle on May 18, 2013, 10:42:38 PM
So I want to get everyone's take on what the difficutly will be by the end of this summer 2013.  Let's base our opinions on the fact that Avalon will ship all their batches, Soon™Labs will deliver something, and all the DYI avalon chips start hashing.


Title: Re: Estimated difficulty by the end of Summer?
Post by: 600watt on May 18, 2013, 11:01:29 PM
it will reach 65 mio in september


Title: Re: Estimated difficulty by the end of Summer?
Post by: Bitsaurus on May 19, 2013, 07:18:52 AM
So I want to get everyone's take on what the difficutly will be by the end of this summer 2013.  Let's base our opinions on the fact that Avalon will ship all their batches, Soon™Labs will deliver something, and all the DYI avalon chips start hashing.

Summer 2013 has already ended for the southern hemisphere, 03/21/13 was the start of fall.

You may want to think globally with crypto and put a date...


Title: Re: Estimated difficulty by the end of Summer?
Post by: Dyaheon on May 19, 2013, 11:59:12 AM
End of summer = end of August I presume?

I'm thinking 50-100M by the end of July, and possibly 100M+ by the end of August. The growth is going to get very fast, otherwise ASICs would be too profitable.

Probably going to be more players in the field by August besides BFL+Asicminer+Avalon.


Title: Re: Estimated difficulty by the end of Summer?
Post by: Amph on May 19, 2013, 07:28:43 PM
100m? lol impossible, this mean a total hash rate of 1 peta, not gonna happen, in the worse case scenario,  the difficulty will reach 50m at the end of summer


Title: Re: Estimated difficulty by the end of Summer?
Post by: Lauda on May 19, 2013, 10:35:54 PM
End of summer = end of August I presume?

I'm thinking 50-100M by the end of July, and possibly 100M+ by the end of August. The growth is going to get very fast, otherwise ASICs would be too profitable.

Probably going to be more players in the field by August besides BFL+Asicminer+Avalon.
You're lunatic!
Around 50M mark is what you're gonna get near end of summer.


Title: Re: Estimated difficulty by the end of Summer?
Post by: Dyaheon on May 19, 2013, 10:44:16 PM
100m? lol impossible, this mean a total hash rate of 1 peta, not gonna happen, in the worse case scenario,  the difficulty will reach 50m at the end of summer

100M difficulty is "only" 720TH/s. I might be off by a month or two, but we'll get there fast with Bitfury, BFL, Avalon chips shipping and asicminer expanding.


Title: Re: Estimated difficulty by the end of Summer?
Post by: navidos on May 19, 2013, 11:26:08 PM
100m? lol impossible, this mean a total hash rate of 1 peta, not gonna happen, in the worse case scenario,  the difficulty will reach 50m at the end of summer

Fully Agreed !


Title: Re: Estimated difficulty by the end of Summer?
Post by: Lauda on May 21, 2013, 12:37:47 PM
100m? lol impossible, this mean a total hash rate of 1 peta, not gonna happen, in the worse case scenario,  the difficulty will reach 50m at the end of summer

100M difficulty is "only" 720TH/s. I might be off by a month or two, but we'll get there fast with Bitfury, BFL, Avalon chips shipping and asicminer expanding.
So wrong.. it won't come that soon.


Title: Re: Estimated difficulty by the end of Summer?
Post by: Dyaheon on May 21, 2013, 01:14:43 PM
100m? lol impossible, this mean a total hash rate of 1 peta, not gonna happen, in the worse case scenario,  the difficulty will reach 50m at the end of summer

100M difficulty is "only" 720TH/s. I might be off by a month or two, but we'll get there fast with Bitfury, BFL, Avalon chips shipping and asicminer expanding.
So wrong.. it won't come that soon.

Well.. happy to be wrong of course :D


Title: Re: Estimated difficulty by the end of Summer?
Post by: mvidetto on May 24, 2013, 05:34:02 PM
End of summer in late August? or September 21st like when fall starts? But like most people said probably in the 50-75 million range between those dates.