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Author Topic: az  (Read 658 times)
fullzero (OP)
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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
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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
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January 17, 2016, 03:54:12 AM
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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.
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January 17, 2016, 04:34:19 AM
 #4

Not a bad deal.
carlosmnk
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January 17, 2016, 07:38:26 AM
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The miners are in EEUU side or in Europe side?

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fullzero (OP)
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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)
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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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