May 3rd to May 14th diff thread. Picks are now closed!

[notlist3d]

It could be luck pushing hash difficulty of low negative to low positive.

Bitwisdom now shows:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    47,422,978,687 (-0.46%)
Adjust time:    After 704 Blocks, About 4.9 days
Hashrate(?):    339,798,574 GH/s

I would be extremely happy with a negative this week.  If we got a negative and price over 240 I would consider it pretty great week.

[philipma1957]

It could be luck pushing hash difficulty of low negative to low positive.

Bitwisdom now shows:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    47,422,978,687 (-0.46%)
Adjust time:    After 704 Blocks, About 4.9 days
Hashrate(?):    339,798,574 GH/s

I would be extremely happy with a negative this week.  If we got a negative and price over 240 I would consider it pretty great week.

It would be even greater if we get

 -1.11% diff drop--------------------I win the promo  to be close with 700 blocks is good.

 251 usd a coin------------------------ We all win on our held coins

[notlist3d]

It could be luck pushing hash difficulty of low negative to low positive.

Bitwisdom now shows:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    47,422,978,687 (-0.46%)
Adjust time:    After 704 Blocks, About 4.9 days
Hashrate(?):    339,798,574 GH/s

I would be extremely happy with a negative this week.  If we got a negative and price over 240 I would consider it pretty great week.

It would be even greater if we get

 -1.11% diff drop--------------------I win the promo  to be close with 700 blocks is good.

 251 usd a coin------------------------ We all win on our held coins

I would agree 250 would be a huge win for us if we can get it stable.  If you look 220 compared to 250 we would have gained around a 12 percent increase in price. 

I hope we get to 250.  240 seems to be happening pretty stable at this point.  Which is also a win for us miners.

[notlist3d]

Were ending the night with slightly positive number on bitwisdom:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    47,745,939,659 (+0.22%)
Adjust time:    After 647 Blocks, About 4.4 days
Hashrate(?):    349,235,122 GH/s

Price is hanging around 241.   So still not bad overall.

[philipma1957]

http://btc.blockr.io/charts


5/ 3/2015    140 blocks----------- that is -   2   since about half were the last adjustment and half were this adjustment
5/ 4/2015    130 blocks----------  that is - 14
5/ 5/2015    154 blocks----------  that is +10
5/ 6/2015    157 blocks----------  that is +13
5/ 7/2015    148 blocks----------  that is +4
5/ 8/2015    143 blocks----------  that is -1
5/ 9/2015    140 blocks----------  that is -4
5/10/2015   122 blocks----------  that is -22
5/11/2015   147 blocks----------  that is +3
5/12/2015   154 blocks----------  that is +10

we are down about 5 blocks at the moment.

 we have made 1406  blocks   -5 means we should be at 1411

So we have a 'real number of (-0.35%)



I suspect some variance has been in charge this entire adjustment period

other then Mother's Day which was the lowest day.  I think that day was the miners had do do Mom's da thus some gear was turned down.

[Mikestang]

Isn't mother's day a US only "holiday"?  Since the majority of hash power is overseas I don't see how Mom's day would contribute.

[philipma1957]

Isn't mother's day a US only "holiday"?  Since the majority of hash power is overseas I don't see how Mom's day would contribute.

Well we did 122 blocks then jumped up hard on mon and tues.   so 122 is a lot for variance .  if we are truly flat 134 to 154  is more then likely variance.

Some mining gear needs baby sitting and on a day like mom's day  miners in the usa could be too busy to maintain gear   .

the network is 340ph and should make 144 blocks   so if 10ph got shut off due to holiday business  that is about 4 or 5 blocks.  the rest is variance .

I figure most of europe lost home mining due to power prices.

I think 80ph is USA .
I think 10 ph is Canada


http://www.statutoryholidays.com/mothers-day.php   USA Canada a few other countries

see wiki

http://en.wikipedia.org/wiki/Mother%27s_Day

China is in the list for Sun the 10th of 2015

[notlist3d]

Price appears to be taking a nose dive.  Were around 335.    Seems like we are not able to keep 240 for long.

Hopefully it goes back up, guess we will see.

[notlist3d]

Bitwisdom seems to be shooting up right now:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    48,140,287,735 (+1.04%)
Adjust time:    After 504 Blocks, About 3.4 days
Hashrate(?):    368,349,354 GH/s

So looks like we might be looking at a positive number.  Price dropped around 5 dollars to around 235.  So not the best of day's on changes.

[philipma1957]

http://btc.blockr.io/charts


5/ 3/2015    140 blocks----------- that is -   2   since about half were the last adjustment and half were this adjustment
5/ 4/2015    130 blocks----------  that is - 14
5/ 5/2015    154 blocks----------  that is +10
5/ 6/2015    157 blocks----------  that is +13
5/ 7/2015    148 blocks----------  that is +4
5/ 8/2015    143 blocks----------  that is -1
5/ 9/2015    140 blocks----------  that is -4
5/10/2015   122 blocks----------  that is -22
5/11/2015   147 blocks----------  that is +3
5/12/2015   154 blocks----------  that is +10
5/13/2015   170 blocks----------  that is +26!!!!!!!!!!!!!!!!


we are up about 21 blocks at the moment.

 we have made 1513  blocks   +21  means we should be at 1492

So we have a 'real number of (+1.41%)



Antpool is fire cracker smoking hot…  they made 37 blocks on the 13th!!!! normal for them is 23     they are 60% more then normal luck

look at the blocks for 5/13/2015

https://www.antpool.com/poolStats.htm   37 in 24 hours!  smoking hot 


opinions on wtf they are doing?

[ezeminer]

http://btc.blockr.io/charts


5/ 3/2015    140 blocks----------- that is -   2   since about half were the last adjustment and half were this adjustment
5/ 4/2015    130 blocks----------  that is - 14
5/ 5/2015    154 blocks----------  that is +10
5/ 6/2015    157 blocks----------  that is +13
5/ 7/2015    148 blocks----------  that is +4
5/ 8/2015    143 blocks----------  that is -1
5/ 9/2015    140 blocks----------  that is -4
5/10/2015   122 blocks----------  that is -22
5/11/2015   147 blocks----------  that is +3
5/12/2015   154 blocks----------  that is +10
5/13/2015   170 blocks----------  that is +26!!!!!!!!!!!!!!!!


we are up about 21 blocks at the moment.

 we have made 1513  blocks   +21  means we should be at 1492

So we have a 'real number of (+1.41%)



Antpool is fire cracker smoking hot…  they made 37 blocks on the 13th!!!! normal for them is 23     they are 60% more then normal luck

look at the blocks for 5/13/2015

https://www.antpool.com/poolStats.htm   37 in 24 hours!  smoking hot 


opinions on wtf they are doing?

Cheating the system ofc.
They found the golden key to bitcoin

...made of pure bitcoin

[HerbPean]

Big jump in the hashrate at the moment as we always see since a few weeks or more.

Antpool are just lucky I guess. They still have a steady 64-67 PH.


EDIT: they just pulled another 4 block on 32 minutes

[philipma1957]

Big jump in the hashrate at the moment as we always see since a few weeks or more.

Antpool are just lucky I guess. They still have a steady 64-67 PH.


EDIT: they just pulled another 4 block on 32 minutes

they have been super hot for a week.  and we are getting a solid   drift upwards in diff the last few days matches with antpool quite a bit.

[notlist3d]

Midday bitwisdom:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    48,300,290,967 (+1.38%)
Adjust time:    After 390 Blocks, About 2.7 days
Hashrate(?):    368,183,662 GH/s

Definitely looking like low positive at this point on difficulty change still around 2 days left though.  Price is around 236, so approaching 240 again.

[philipma1957]

Midday bitwisdom:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    48,300,290,967 (+1.38%)
Adjust time:    After 390 Blocks, About 2.7 days
Hashrate(?):    368,183,662 GH/s

Definitely looking like low positive at this point on difficulty change still around 2 days left though.  Price is around 236, so approaching 240 again.

Well antpool did 37 blocks yesterday out of 170   

they should do  23 blocks  and the networks should do 144

they were 14 over     the network was  26 over.

they are at 31 today with 3.5 hours to go.   

the network has done  131 blocks with  3.5 hours to go.

we are on pace for 165 blocks

antpool is on pace for  38 blocks

truly amazing numbers for them.

In 2 days time 3 days worth of blocks!

[notlist3d]

Bitwisdom closing up the night:

Bitcoin Difficulty:    47,643,398,018
Estimated Next Difficulty:    48,424,481,111 (+1.64%)
Adjust time:    After 347 Blocks, About 2.4 days
Hashrate(?):    371,233,205 GH/s

So it's looking pretty for sure on positive.   Price around 237 so a little recovery of the drop from 240.

[philipma1957]

http://btc.blockr.io/charts


5/ 3/2015    140 blocks----------- that is -   2   since 1/2 were the last adjustment and 1/2 were this adjustment
5/ 4/2015    130 blocks----------  that is - 14
5/ 5/2015    154 blocks----------  that is +10
5/ 6/2015    157 blocks----------  that is +13
5/ 7/2015    148 blocks----------  that is +4
5/ 8/2015    143 blocks----------  that is -1
5/ 9/2015    140 blocks----------  that is -4
5/10/2015   122 blocks----------  that is -22
5/11/2015   147 blocks----------  that is +3
5/12/2015   154 blocks----------  that is +10
5/13/2015   170 blocks----------  that is +26!!!!!!!!!!!!!!!!
5/14/2015   148 bocks-----------  that is +4

we are up about 25 blocks at the moment.

 we have made 1677  blocks   +25  means we should be at 1652

So we have a 'real number of (+1.51%)

with only 339 blocks left  we would need a 130 block day and a 130 block day back to back  to go just a little negative.

We have had 4 really good block days  since moms day.  I do think we go slow on Fri and Sat finishing up  close to 0 on Sun

only time will tell.

[Mikestang]

No Friday morning update yet?  You sleep in, philipma1957? 

[HerbPean]

No Friday morning update yet?  You sleep in, philipma1957? 

I think he's out until saturday or sunday.

[judypug1956]

philipma1957 here with my secondary account.

I am running around   FRI. SAT. and Sun.

 I like using this  secondary account when not in my home.


I was looking at block count for the day.


https://blockchain.info/blocks


we are at block 356582 -356467 =  

115 blocks made from 00:00:00 to  18:06:31   so in 18.1 hours x 6 = 108.6 or 109 blocks

we are 6 over for today.

 31 over for the adjustment period.

1766 vs 1735   the 'real' number is (+1.78%)

bitcoinwisdom's number of (+2.25%) 

is assuming continued high block days  for the rest of today sat and part of sun.

31 over is pretty hard to drop back to under since we have just 250 blocks left.