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Topic: az (Read 658 times)
fullzero
(OP)
Hero Member
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Activity: 882
Merit: 1009
az
January 16, 2016, 02:35:50 PM
Last edit: October 31, 2024, 01:36:08 PM by fullzero
#1
az
mnh_license@proton.me
https://github.com/hartmanm
How difficulty adjustment works: Every 2016 blocks, the Network adjusts the current difficulty to estimated difficulty in an attempt to keep the block generation time at 10 minutes or 600 seconds. Thus the Network re-targets the difficulty at a total difficulty time of: 2016 blocks * 10 minutes per block = 20160 minutes / 60 minutes = 336 hours / 24 hours = 14 days. When the Network hashrate is increasing; a difficulty ( 2016 blocks ) should take less than 14 days. How much less can be estimated by comparing the % Network hashrate growth + what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ) against what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ). This is only an estimate because you cannot account for "luck"; but you can calculate reasonably well using explicitly delimited stochastic ranges. The easy way to think about this is to look at this graph and see how close to 0 the current data points are on its y axis. If the blue line is above 0 the difficulty ( 2016 ) blocks should take less than 14 days; if it is below it should take more.
http://bitcoin.sipa.be/growth-10k.png
kilo17
Legendary
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Activity: 980
Merit: 1001
aka "whocares"
Re: [WTS] S5+ 2.8 BTC
January 17, 2016, 03:40:11 AM
#2
Will you accept escrow
Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
sobe-it
Sr. Member
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Activity: 453
Merit: 250
Re: [WTS] S5+ 2.8 BTC
January 17, 2016, 03:54:12 AM
#3
I believe he does, but I have dealt with him and sent coins upfront no issues tho. I think it showed up on my doorstep within 2 or 3 days and was well packed.
adaseb
Legendary
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Activity: 3878
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Re: [WTS] S5+ 2.8 BTC
January 17, 2016, 04:34:19 AM
#4
Not a bad deal.
carlosmnk
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Activity: 572
Merit: 506
Re: [WTS] S5+ 2.8 BTC
January 17, 2016, 07:38:26 AM
#5
The miners are in EEUU side or in Europe side?
Played with: USB RedFury - BlackArrows Prospero X1/X3 - Butterfly Monarch- Spondoolies SP20E - Avalon 6 - Antminer U3/S3/S3+/C1/S5/S7 Batches 3-7-8 - Sfards SF100 - Innosilicon A2 Terminator - Alcheminer 96/256 - KNC Titan - Etherum Rigs
fullzero
(OP)
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Activity: 882
Merit: 1009
az
January 17, 2016, 10:57:41 AM
Last edit: October 31, 2024, 01:37:15 PM by fullzero
#6
az
mnh_license@proton.me
https://github.com/hartmanm
How difficulty adjustment works: Every 2016 blocks, the Network adjusts the current difficulty to estimated difficulty in an attempt to keep the block generation time at 10 minutes or 600 seconds. Thus the Network re-targets the difficulty at a total difficulty time of: 2016 blocks * 10 minutes per block = 20160 minutes / 60 minutes = 336 hours / 24 hours = 14 days. When the Network hashrate is increasing; a difficulty ( 2016 blocks ) should take less than 14 days. How much less can be estimated by comparing the % Network hashrate growth + what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ) against what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ). This is only an estimate because you cannot account for "luck"; but you can calculate reasonably well using explicitly delimited stochastic ranges. The easy way to think about this is to look at this graph and see how close to 0 the current data points are on its y axis. If the blue line is above 0 the difficulty ( 2016 ) blocks should take less than 14 days; if it is below it should take more.
http://bitcoin.sipa.be/growth-10k.png
fullzero
(OP)
Hero Member
Offline
Activity: 882
Merit: 1009
az
January 17, 2016, 11:00:15 AM
Last edit: October 31, 2024, 01:37:22 PM by fullzero
#7
az
mnh_license@proton.me
https://github.com/hartmanm
How difficulty adjustment works: Every 2016 blocks, the Network adjusts the current difficulty to estimated difficulty in an attempt to keep the block generation time at 10 minutes or 600 seconds. Thus the Network re-targets the difficulty at a total difficulty time of: 2016 blocks * 10 minutes per block = 20160 minutes / 60 minutes = 336 hours / 24 hours = 14 days. When the Network hashrate is increasing; a difficulty ( 2016 blocks ) should take less than 14 days. How much less can be estimated by comparing the % Network hashrate growth + what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ) against what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ). This is only an estimate because you cannot account for "luck"; but you can calculate reasonably well using explicitly delimited stochastic ranges. The easy way to think about this is to look at this graph and see how close to 0 the current data points are on its y axis. If the blue line is above 0 the difficulty ( 2016 ) blocks should take less than 14 days; if it is below it should take more.
http://bitcoin.sipa.be/growth-10k.png
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