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1  Other / Beginners & Help / Re: January 2014 prediction and requirements on: September 16, 2013, 11:50:44 PM
Quote from: utarinues on September 16, 2013, 11:49:35 PM
Quote from: Seehank on September 16, 2013, 06:15:05 PM
If the difficulty rises so rapidly so must the of a BTC. That changes averything. My calculations were stupid since I kept the prize of BTC on  (stupid me) and well since the difficulty rises 17 times so the prize of a BTC must go up. However I have no idea about the rate of change... cant be 17 x 140 Tongue

Difficulty does not have direct inpact on BTC/USD price. But if your so sure, you might try speculating by buying BTC now when the difficulty is low Wink

I am anything but sure :-D This was just my logic Smiley sort of...
2  Other / Beginners & Help / Re: January 2014 prediction and requirements on: September 16, 2013, 06:15:05 PM
I was thinking about what I wrote up there... I thought it could not have been like that... That would be stupid. Just than I realised and came to this argument:

If the difficulty rises so rapidly so must the of a BTC. That changes averything. My calculations were stupid since I kept the prize of BTC on 140 USD (stupid me) and well since the difficulty rises 17 times so the prize of a BTC must go up. However I have no idea about the rate of change... cant be 17 x 140 Tongue

That I guess will be a result of the market. Very hard to predict :-/

What do you think?
3  Other / Beginners & Help / Re: January 2014 prediction and requirements on: September 16, 2013, 04:46:13 PM
Quote from: tysat on September 16, 2013, 04:37:25 PM
Everything I've read points towards mining not being worth it anymore.

So the answear to my quiestions is YES, it is going to be 1680mil +... right?

EDIT: To be honest with dif. 1800 in JAN, there is no scenario with + numbers in here: http://mining.thegenesisblock.com/ ... That sayed it seems like most of the people creating that 17TH/s raise will be doing minuses since JAN. Is this correct?

This just seems strange to me...
4  Other / Beginners & Help / January 2014 prediction and requirements on: September 16, 2013, 03:06:39 PM
Hello everyone,

I was thinking of establishing a 16TH/s farm in January (8x Cointera 2TH/s) machines. However basing on this thread I am a little confused now and my farm seems like a bad idea... Or I just might understand this whole wrong...

Please correct me if I am wrong:

If the prediction is cca. 12PH rise of network which seem legit. Do I understand it correctly that the difficulty in January will be around 12PH x 140mil = 1680+ mil? Is this actually correct?

Code:
Presales Total 2013:        7,704 Thash
Announced Total 2013:       1,803 Thash
Running Total 2014:         7,380 Thash
--------------------------------------------------------------
Combined Total:            16,887 Thash

By January it should be just cca. 12 000...

Code:
1 TH/s = 0.14 mil difficulty
1 PH/s = 140 mil difficulty
1 million difficulty = 7 TH/s
1 billion difficulty = 7 PH/s
1 trillion difficulty = 7 EH/s

Do I understant correctly, that difficulty in January 2014 according to this thread is going to be arround 1800mil?

Please someone with a bit more knowledge tell me if I am correct. That would actually mean thet buying 16TH of power would be worthless according to this table.

Thanks for your time.

Seehank
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