Newest Diff thread April 5 to April 18th

[tss]

ill take -3.01 to -3.25

[1714724848]

1714724848

[shapeshift]

I want to change my prediction from +4.26 to + 4.50  to  - 3.26 to -3.50 %.

[philipma1957]

Better yet I rented 1ph last night just to do this photo

that is me controlling 1ph for about 1 hour last nite  that is ⅓ of 1 percent cost was just under .5 btc

I can rent 1 percent of the entire network for about an hour and point it at a non btc pool and drop the difficulty rate for some time.

I am still thinking of renting some hashrate. Is there a way to check if the rented hashrate is doing a block withholding attack?

If I want to rent 1PH for 1 hour what is the best way to do it? Fixed or Standard?

okay go to nicehash and check prices.  I find usa eastern standard time 1am to 2am price can drop low

right now if you put in the price for 0.0100 you would get all below which adds up to 684gh

[philipma1957]

if you did 0.0101 price you would grab all this which adds up to 1035  if you set at 1000 it may go a bit over the 1000gh.

if you use fixed you can't be bumped but price is a bit higher.

I am a coffee type guy and stay up late so I look for bargains.  My rental at nice hash was just under .49btc and was for 0.0098 btc a true deal under what the going rate is. of course I still need kano blocks to be hit.

[notlist3d]

Bitwisdom is in negative now:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    49,307,019,022 (-0.28%)
Adjust time:    After 1208 Blocks, About 8.6 days

Seems like I'm bad luck I guess positive or negative and it goes other way.

[adaseb]

if you did 0.0101 price you would grab all this which adds up to 1035  if you set at 1000 it may go a bit over the 1000gh.

if you use fixed you can't be bumped but price is a bit higher.

I am a coffee type guy and stay up late so I look for bargains.  My rental at nice hash was just under .49btc and was for 0.0098 btc a true deal under what the going rate is. of course I still need kano blocks to be hit.

I don't understand why you are paying a premium to mine BTC on another pool? I don't see it as being profitable in any way.

[Lboss]

===snip===
I don't understand why you are paying a premium to mine BTC on another pool? I don't see it as being profitable in any way.

As I understand , he was trying to prove to decrease the difficulty just by renting some huge HP. So , it can be possible to manipulate difficulty doing this way , maybe its even possible to affect BTC market price to creating  a sensation that miners shut down their devices.

[philipma1957]

===snip===
I don't understand why you are paying a premium to mine BTC on another pool? I don't see it as being profitable in any way.

As I understand , he was trying to prove to decrease the difficulty just by renting some huge HP. So , it can be possible to manipulate difficulty doing this way , maybe its even possible to affect BTC market price to creating  a sensation that miners shut down their devices.

yes it is that example.

also when I rented my .497 btc worth I paid 0.0098 which is lower then the current th rate of the difficulty


https://bitcoinwisdom.com/bitcoin/difficulty   plug in 1 th and up pops 0.01017

here was my rental I did it in the middle of the night and got the good price.

note I did no limit th which gave me all the  hash that was at 0.0098 or lower

[philipma1957]

The picks end in about 12 hours.


The list is as follows:


-3.26 to   - 3.50    shapeshift
-3.01 to  -  3.25    tss
-2.76 to  -  3.00    Last of the V8's
-2.51 to  -  2.76    alh-------------------shooting for a 3-peat
-2.26 to  -  2.50    crazyivan
-2.01 to  -  2.25    Chris_Sabian
-1.76 to  -  2.00    sana54210
-1.51 to  -  1.75     RoadStress
-1.26 to  -  1.50    stonerider ------------------ corrected from -1.126 to -1.151
-1.01  to -  1.25    philipma1957
-0.76  to -  1.00   GreatNorthData
-0.51  to -  0.75   davejh
-0.26  to -  0.50   SunnyIgor
-0.01  to -  0.25   Lboss
-------0.00-------  A4Tech
+0.01 to + 0.25   MegaFall
+0.26  to + 0.50   jmumich------------
+0.51 to + 0.75   bisom
+0.76 to + 1.00   EMIF
+1.01 to + 1.25   SimplisticStu
+1.26 to + 1.50   Kexkey
+1.51 to + 1.75   RealMalatesta
+1.76 to + 2.00   ereton
+2.01 to + 2.25   Mikestang
+2.26 to + 2.50   Biodom
+2.51 to + 2.76   Quickseller
+2.76 to + 3.00   ezeminer------------------corrected from 2.75 to 3.00
+3.01 to + 3.25   tertius993

+3.26 to + 3.50 --------------open --------  Last of the V8s Switched

+3.51 to + 3.75    wpt1wpt1
+3.76 to + 4.00    tlhIlwI
+4.01 to + 4.25    HerbPean
+4.26 to + 4.50 ---------------open--------    shapeshift  Switched
+4.51 to + 4.75    valkir
+4.76 to + 5.00    Korbman
+5.01 to + 5.25    geforcelover
+5.26 to + 5.50     notlist3d
+5.51 to + 5.75    coinits


+6.01 to  + 6.25    Amph-------------------corrected from 6.01 to 6.25
+6.26 to  + 6.50    sloopy
+6.51 to  + 6.75    zekarsalih



 we are filled in solid at  all of the 33 possible ranges   in the   -2.50 to +5.75 zone.


 5.76 to 6.00 is open

+6.76 and up endless ranges

and  a lot of negative ranges available if you go from -2.76 > lower

  

I think this is up to date




nicolocado please try a different pick it was taken

https://bitcoinwisdom.com/bitcoin/difficulty   is at (-0.90)

https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=1784567491

is at (-2.46%)

https://www.coinbase.com/buys  is at 238 USD

we have about 1122 blocks to go.

[notlist3d]

Bitwisdom:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    49,032,386,045 (-0.84%)
Adjust time:    After 1119 Blocks, About 8.0 days

It's a little higher than phil's earlier post.  We will see if trend goes up slowly.   Hopefully it changes and goes back down.

[armedmilitia]

I'll guess -4.01% to -4.25%.

Price has declined significantly, plus the latest increase in difficulty has caused a net shrinkage in hashrate, IMO.

[armedmilitia]

Better yet I rented 1ph last night just to do this photo

that is me controlling 1ph for about 1 hour last nite  that is ⅓ of 1 percent cost was just under .5 btc

I can rent 1 percent of the entire network for about an hour and point it at a non btc pool and drop the difficulty rate for some time.

I am still thinking of renting some hashrate. Is there a way to check if the rented hashrate is doing a block withholding attack?

If I want to rent 1PH for 1 hour what is the best way to do it? Fixed or Standard?

There's no way you can tell if they are performing a block withholding attack if you only rent 1PH for an hour. It only is possible to find out for sure once you can 'prove' the lack of blocks are not just from luck.

IE if you rent enough hashrate to mine 100 blocks and mine 0 blocks, you can deduce that a block withholding attack is occuring.

If you only rent enough hashrate to mine an average of 0.01 blocks, and you get 0 blocks, you can't deduce anything. It's possible that a block withholding attack is occuring--It's also possible you aren't lucky. I hope that helps.

[philipma1957]

Better yet I rented 1ph last night just to do this photo

that is me controlling 1ph for about 1 hour last nite  that is ⅓ of 1 percent cost was just under .5 btc

I can rent 1 percent of the entire network for about an hour and point it at a non btc pool and drop the difficulty rate for some time.

I am still thinking of renting some hashrate. Is there a way to check if the rented hashrate is doing a block withholding attack?

If I want to rent 1PH for 1 hour what is the best way to do it? Fixed or Standard?

There's no way you can tell if they are performing a block withholding attack if you only rent 1PH for an hour. It only is possible to find out for sure once you can 'prove' the lack of blocks are not just from luck.

IE if you rent enough hashrate to mine 100 blocks and mine 0 blocks, you can deduce that a block withholding attack is occuring.

If you only rent enough hashrate to mine an average of 0.01 blocks, and you get 0 blocks, you can't deduce anything. It's possible that a block withholding attack is occuring--It's also possible you aren't lucky. I hope that helps.

@armedmilitia

You are correct but any pool can simply do an occasional block withholding by dropping shares above 32billion.  You would need to be on your toes to catch it. In some cases you just won't be able  to detect it.

---------------------------------------------------------------------------------------------------------

@ all readin this

my point was the hash is  pointed at a non- btc pool  such as the infamous paycoin of gaw miners.  you create a new coin and allow it to be mined by 256 hash. so the hash is moved off the btc network and on to the paycoin network.  They pumped and dumped the coin. Sometimes 6-8ph was rented on nice and west hash and directed at paycoin.

If you really look at what Gaw-zen miner did they showed you how to attack btc and make money.   
----------------------------------------------------------------------------------------------------------------------
Now as for nicehash withholding that hash  by having a program withhold any share above 32billion. Yes  they can as can any pool operator.

Now I have hit 1 block with nicehash rentals here it is:

I am lazy I do not feel like adding all my rentals up, but I don't think I rented more then 20-30 btc and I did hit a block so my luck is well within 'normal'

[NiceHashSupport]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

[adaseb]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

[notlist3d]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

Wow I am surprised on price what is happening?  I cant think of any release on coins to make it so much.

[philipma1957]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

Wow I am surprised on price what is happening?  I cant think of any release on coins to make it so much.

well it helps if you are sending your miners there.

[adaseb]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

Wow I am surprised on price what is happening?  I cant think of any release on coins to make it so much.

Its due to TRON coin. Which was launched today. Currently 7 Ph/s is mining it at the moment.

The coin looks like a total scam to me. No idea why the hype.

[Mikestang]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

Wow I am surprised on price what is happening?  I cant think of any release on coins to make it so much.

Its due to TRON coin. Which was launched today. Currently 7 Ph/s is mining it at the moment.

The coin looks like a total scam to me. No idea why the hype.

A lot of people jump at [what they perceive to be] a chance a a quick buck.  P&D

[philipma1957]

We wouldn't benefit doing block withholding in any way.

But evil miners could do that with modified mining software. Every pool is prone to this kind of attack, not only rentals.

If there was a (simple) way to detect such activity of miners, we would already have it implemented. We believe that is the negative issue of current pooled mining concept.

Its weird how people are paying 20% over BTC right now at Nicehash just to mine BTC directly.

Currently the price is 0.012300 Th/BTC/Day. And they aren't mining an altcoin but BTC itself.

Wow I am surprised on price what is happening?  I cant think of any release on coins to make it so much.

Its due to TRON coin. Which was launched today. Currently 7 Ph/s is mining it at the moment.

The coin looks like a total scam to me. No idea why the hype.

A lot of people jump at [what they perceive to be] a chance a a quick buck.  P&D

Pump & Dump has been around a long time. Wolf of Wall Street illustrates it well.  Alt coins now have clubs with touters charging up to .5 btc for their next hot coin pick.
  So 100 investors  or suckers pay the guy 0.5 btc for the pick then rent a lot of hash from rental sites at 20% or even 900% premiums as in the case of paycoin  and  2, 3, 5 , 10 ph diverts off btc.
My advice point your miners to west or nice hash  get the higher payoffs  and when that fad ends your miners will roll back to a real pool.

here is a miner setup for me . It earns a premium on west or nice hash and when premiums stop I go for a solo block