Bitcoin Forum

we just hit 511 million difficulty!!!

It's f**king depressing.  :'(

Miners that are waiting for the ASIC hardware bubble to pop rejoice...  :)

There is blood in the street so it's almost time to buy.

And the worse part is that more ASIC is coming... so this is just like the beginning...

MY USB erupter can kiss goodbye.... paying more electricity then what I get.....

what is your electricity rate? $/kWh

Another 30% increment... this just don't stop.... time to sell my miners...

Just keep hashing ! Be happy !

Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.

You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.

very true.
Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat.

Ain't gonna get any better anytime soon.

Since now the price has when up, looks like miners can start making profit again.. hope it will last until the next difficulty hike..

Is it me or is difficulty starting to slow down?...

only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more)

No its not slowing down. Theres more products..

yes there is slowing down, only 3% diff increase estimate so far ;)

You think it will be that much?  I feel like no one is even considering mining anymore because there are no gains left to be had.  But then again if they price it decently it may prove worthy to buy.  Speaking of does anyone know when they will be ready to ship them?

I believe shipping starts Friday!! Im in the last few thousand of the order chain. Crossing my fingers it isnt too late in November.....But I still dont believe Hashfast and Cointerra will even be remotely on time. I Expect end of January before those 2 start pushing out Rigs at the minimun, I could be wrong but by their weak updates that are never time relative, odds are they will be a while.

Why is it that so many people assume that KNC will just trash their chips if no one buys the second batch?

I was thinking about this: Everyone goes on about how much richer everyone would be if they had bought bitcoin instead of miners. However if that happened, bitcoin prices would have skyrocked, people would have bought less bitcoin, and as a result not as much money would have been made.

Hindsight is great, but as we all realize changes in plan can change the result. Difficulty was never "supposed" to go up like this, so why would bitcoin prices not have gone up the same way?

Make sense?

C

+100000000
finally someone that gets it :)

Which we are going to hit 600 million in 3 hours time...

Bitcoin Difficulty:   510,929,738
Estimated Next Difficulty:   607,967,629 (+18.99%)

Oh my gosh, block 270144 is taking forever!!

The difficulty just went up...

Bitcoin Difficulty:   609,482,679
Estimated Next Difficulty:   734,301,945 (+20.48%)
Adjust time:   After 2012 Blocks, About 13.0 days
Hashrate(?):   4,719,890 GH/s

...

next dif is usually underestimated.  It'll probably end up closer to 800 mil.

My coinbits app has next at 652 mil.

Edit: now it's 623

Actually an under 20% jump is reason to make me squeal with *glee*. Just bumped my Jally to 20gh; that will make up for the increased difficulty for the next few days.

Got to get it to 24 next. More speed....