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I haven't been paying attention much to the race lately. But I just looked and my sticks are in the 2nd and 3rd position.
zOU (who apparently is my nemesis) is in the 1st position.
Enjoy it while you can. My sticks are gunning for you zOU!
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Yeah, they never changed that. It's annoying when doing Litecoin mining ROI calculations.
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Yes! Thanks for bringing this back.
Any chance that you can do the same for the Litecoin difficulty page?
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Had to change the block explorer API used by the script again because Blockcypher.com's limit on the number of requests per second caused errors opening my spreadsheets.
See the updated script on the GitHub page.
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Blockr.io stopped updating their data a couple of months ago. They've announced that they're closing up shop tomorrow (September 4, 2017). As a result, I had to change the script to use a different API provider. You can find the latest version on GitHub: https://github.com/edonkeycoin/gsbitcoinutils |
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Yup. This is going to keep happening, like the regular ringing of a dinner bell, until the BCH devs change the algorithm or it's not worth it anymore. |
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Thanks. But this just has exchange rates. What we're looking for difficulty and hashrate stats. |
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I can see why people talk often about L3+ quality issues.
I was able to find a local seller with one August batch L3+ and buy it from him.
One of the four hash boards was faulty already when he received the miner from Bitmain.
So the first thing for me with the L3+ to do is send a faulty hash board to Bitmain.
Because this was sold from private person to a private person, the warranty is valid, luckily.
The seller also asked about this from Bitmain and they confirmed that it is ok.
But still I'm okay with all this, because the price was reasonable, I was able to have the miner right now, and Bitmain handled the communication with the previous owner well, so I should be able to do the warranty repair procedure easy.
Did he only have one? I would imagine better care is taken of bulk orders throughout the whole process of ordering, especially shipping, just by the nature of how shipping things works. That's unfortunate, but even after losing 25% profits from a single machine, it would still be an insanely profitable miner, that's the beauty of them  Hope they're still this profitable when the next batch arrives in two months...Such a long time sigh Yeah, but even if the difficulty doubles (which it shouldn't get nearly that high), they'll still remain extremely profitable, which is nuts. I would quote bitcoinwisdom, but it's stuck again. This site says we're looking at a 66% increase: http://ltcwisdom.netSeems pretty significant to me. I'd be icing my balls if my L3+ hadn't already hit ROI. Hell, maybe I'll still ice them... |
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Ouch. Scrypt profitability has taken a beating.
Oh me knackers!
I think only because of ccex listed LINDA earlier and it pumped up to 1000 sats when it should have be 5 Good to know. I didn't expect a real answer. Thanks for that. Excuse me now while I ice my brused balls  |
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So I got tired of not having the data, and implemented it myself - currently only for Litecoin since that's what I'm invested in. If you want a (very similar) site for litecoin, feel free to come over to http://ltcwisdom.net/The markets aren't there yet, but I'm working on it. I had to port my object-relational database model from Objective C on the Mac to C++ (I ended up creating a clone of Foundation in C++, which made the rest of it go pretty easily, not that anyone here cares [grin]). That now appears to be working, so I have some work to do with web sockets to get the live feed up and running, and we'll have similar functionality as the old site, at least for litecoin. I may be persuaded to do bitcoin, but since I don't use it, it's not high on my list right now ... Fantastic Job thanks but really also need for Bitcoin. Please? Pretty please? +1! Here's your chance to replace Bitcoinwisdom.com, which has been a staple for years. BTW, as a Mac developer from way back I'm impressed. Are you planning to open source your Foundation clone? |
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Ouch. Scrypt profitability has taken a beating.
Oh me knackers!
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There's some interesting analysis floating around regarding the effect EDA (Emergency Difficulty Adjustment) will have on BCH ongoing. The ability of miners to periodically accelerate block creation will result in premature reward halving. If things stay as is, there will be two BCH halvings by early 2019 (compared to one for Bitcoin in 2020). That means the BCH block reward could fall to 3.125 in a little over a year. While the miners force cycle the difficulty, BCH goes through periods of extremely slow blocks followed by periods of ridiculously fast blocks. How can there be any economic support for a blockchain that goes through regular drought cycles where transactions take hours to confirm? So if BCH has a dramatic reduction of block rewards and there's no significant increase in fees due to lack of economic support, the coin is basically dead. Miners will cycle it into oblivion until there's no value left to extract. In the meantime those large blocks go largely empty, with the only transactions used to transfer BCH from the miners to the bag holders who have been conned into believing in this failed experiment. I can't imagine that the BCH devs can leave things as-is. They're probably going to have to remove EDA. Assuming Bitmain allows it |
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Nothing new there, just a bit bigger for now ('till BCH attention span dies down to the level of all of the other SHA256 based coins).
Sure there have always been other SHA256 coins, but they've only amounted to a tiny bit of noise on the Bitcoin signal. You have to admit that the scale here with BCH is unprecedented. Even Garza's Paycoin (everyone here remember that scam?) didn't have this effect on the difficulty of the main chain. That said, I agree that BCH will wain. It has no value except for speculation and cyclical mining profits (for the moment). IMHO, BCH is just Bitmain enabling the big block true believer bag holders. Guess who wins in that scenario? If the 2x hard fork actually happens, then we will see the original Bitcoin verses two speculative alts. If BCH hasn't already tanked, it will at least have to share the remaining table scraps with the new 2x alt. Sure, 2x wasn't designed to enable miner manipulation, so Bitmain won't support it. But 2x is sure to to have a speculative following of some sort. Regardless, competition among the alts that have no real economic reason for being will help dilute them both. I suspect that come the new year, none of this will matter. Miners will for the most part return to the original Bitcoin, and the forks will flounder. A year from now the forks probably won't even be in the top ten. |
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Ack! I (or rather our cats) thought this was hard before BCH. Now we have to also predict the swing of the hash rate pendulum.
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Looks like hash rate will keep sloshing back and forth: https://bitcoinmagazine.com/articles/why-bcash-mining-shouldnt-affect-bitcoin-much-bitcoin-mining-could-ruin-bcash/The reason why miners can do that is the BCH rule that allows for mid-period downward difficulty adjustments. Without that, it would be a lot more costly to keep the BCH chain alive when it's less profitable. Effectively BCH was designed to enable coordinated miners to manipulate the block rate to their advantage. This will continue forever as long as long as BCH has enough value to make it worth while. It could well be that this is the only tangible reason why BCH exists. It's not because big blockers wanted it. It's because the large mining pools can profit by it. |
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If someone wins this time, you should update your Trezor firmware as soon as you get it. They've fixed a recently found vulnerability.
The vulnerability requires physical access to the device and cracking open the case, so it's not that earth shattering. But it's still worth doing.
I updated mine as soon as it was available.
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1.8 = eDonkey
This time I had to guess on my own. I couldn't get the cats to cooperate. The oldest was scared of the garbage truck, the middle one wasn't interested, and the youngest one was eating (he's a bit of a pig).
As always, thanks for contest Phil!
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Don't want to make this all speculation, but there's likely a correction down the road sometime. It always happens with such large increases and I wouldn't be surprised to go sub 3000 again.
Seems like BTC hashrate is still increasing like nromal this time. I guess I overestimated the power of BCC, was some good free $ converted to BTC though.
Can't knock free money. You said it. I traded all my BCC/BCH for BTC as soon as I could get it from my Trezor into a reputable exchange. Missed out on some of the early excitement, but I was playing it safe. Also those 20 confirmations to Bittrex when BCH had slow block times was a bitch. Could have done better if I took more risk (like leaving my BTC on an exchange before the fork, or using a lesser known exchange with a lower confirmation requirement), but I'm happy with what I got. Especially at BTC's price today. |
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