May 17th to May 30th diff adjustment thread with promo. Picks closed

[philipma1957]

Just opened thread.

same rules as last   picks start at block 300---- and end at block 1000.

No picks honored till block 300.

we are at block 56 for this period  this is block # 356888 18:57
we       started with                              block # 356832 10:27
 that is 8 ½ hours in x 6 = 51 blocks

so 51 = 0%    56 =  9.8%    

bitcoinwisdom has a  5% pick

I am thinking some gear has been built and this will be a big jump adjustment.

Well picks do not start  until 300 so we have 244 to go.

cakir won last week and has been paid.

Remember please wait until block 300.

[notlist3d]

Bitwisdom is like you said showing a decent positive number.  We can hope it goes down.

Bitcoin Difficulty:    48,807,487,245
Estimated Next Difficulty:    50,805,819,553 (+4.09%)
Adjust time:    After 2015 Blocks, About 13.5 days
Hashrate(?):    360,447,056 GH/s

[akashamar]

The current pattern of increase is similar to the one after Mar 22 2015 adjustment ... signaling another decent diff increase ... yep, it is more than obvious that new mining hw is still being deployed despite summer and stagnating BTC/USD price.

[philipma1957]

The current pattern of increase is similar to the one after Mar 22 2015 adjustment ... signaling another decent diff increase ... yep, it is more than obvious that new mining hw is still being deployed despite summer and stagnating BTC/USD price.

well avalon has written software for a 80-120gh miner using 5 chips.   it may be very efficient and they may be doing a burn in.  wiki page has info.


here is  a quote

Looks like Canaan are coming out with their new small miner; Avalon4 Mini - 5xA3222
wiki: https://en.bitcoin.it/wiki/Avalon4_mini
resources: http://downloads.canaan-creative.com/software/avalon4_mini/
( This includes a Chrome App )

comes from here

https://bitcointalk.org/index.php?topic=140539.msg11382007#msg11382007

if you go to wiki link

https://en.bitcoin.it/wiki/Avalon4_mini

 and see this  line of code  I think the mini miner will drop to .4 watts per gh

sudo ./cgminer --avalonm-freq 275:250:200 --avalonm-voltage 6250      


the big miner at 420:390:370     volts 7625    does .55 - .57 watts

so with avalon doing something and sfards doing something  I believe we get 3-6%

[notlist3d]

The current pattern of increase is similar to the one after Mar 22 2015 adjustment ... signaling another decent diff increase ... yep, it is more than obvious that new mining hw is still being deployed despite summer and stagnating BTC/USD price.

well avalon has written software for a 80-120gh miner using 5 chips.   it may be very efficient and they may be doing a burn in.  wiki page has info.


here is  a quote

Looks like Canaan are coming out with their new small miner; Avalon4 Mini - 5xA3222
wiki: https://en.bitcoin.it/wiki/Avalon4_mini
resources: http://downloads.canaan-creative.com/software/avalon4_mini/
( This includes a Chrome App )

comes from here

https://bitcointalk.org/index.php?topic=140539.msg11382007#msg11382007

if you go to wiki link

https://en.bitcoin.it/wiki/Avalon4_mini

 and see this  line of code  I think the mini miner will drop to .4 watts per gh

sudo ./cgminer --avalonm-freq 275:250:200 --avalonm-voltage 6250      


the big miner at 420:390:370     volts 7625    does .55 - .57 watts

so with avalon doing something and sfards doing something  I believe we get 3-6%

I think your right avalon will have underclocked the "mini" to .4x limit's.    The 4.1's do a low .5x easy.

SFards I see as a wild card.  We really don't know what they have ready to go.  They showed a dev ket that looked very nice.  I still wonder what what price will be for final product.

[philipma1957]

blocks for the day were 170-171


https://blockchain.info/blocks/1431826989443

356747 to 356917  171 vs 144 is plus    27


have to hope for this to drop off

about 60 of them were on the last adjustment and about 111 were on this adjustment  I estimate real number as plus 15 blocks and about plus 12% on day 1.

[skuser]

This is just variance, we will finish oscilating +/- one percent in the end after 20 pages of this thread which will follow 

[notlist3d]

have to hope for this to drop off

about 60 of them were on the last adjustment and about 111 were on this adjustment  I estimate real number as plus 15 blocks and about plus 12% on day 1.

Ouch I really hope it drops aswell.  It's been quite a while since double digit change.   A 12 percent would hurt us for sure.

[philipma1957]

This is just variance, we will finish oscilating +/- one percent in the end after 20 pages of this thread which will follow  

would be nice..  no question variance has been the ruler for months but a small steady rise of just under 2% an adjustment  is the real gain since Nov 2014

a 170 block day is a killer only if 3  or 4 in a row happen .

[Mikestang]

So far I don't think we've seen any impact from "summer" in the northern hemisphere, I expect those changes will start showing up soon.

[jonnybravo0311]

Anybody else notice that bitcoinwisdom's difficulty page hasn't updated for over 15 hours?  How am I supposed to make a completely random guess about the change in network difficulty now???

[notlist3d]

Anybody else notice that bitcoinwisdom's difficulty page hasn't updated for over 15 hours?  How am I supposed to make a completely random guess about the change in network difficulty now???

That is odd normally it is much more active then this.  I wonder if it's dying like i did when hearing a double digit number .

On a serious note hopefully they fix it soon, as I enjoy watching it go up and down over on it.

[philipma1957]

http://www.bitcoincharts.com/


Blocks   357073
Total BTC   14.177M
 
Difficulty   48807487245
Estimated   49317543267 in 1775 blks
 
Network total   383972.807 Thash/s
Blocks/hour   6.59 / 546 s

    (+1.04%)


https://blockchain.info/blocks/1431911769460

356918  to 357061  = 143 blocks  close to normal

[notlist3d]

http://www.bitcoincharts.com/


Blocks   357073
Total BTC   14.177M
 
Difficulty   48807487245
Estimated   49317543267 in 1775 blks
 
Network total   383972.807 Thash/s
Blocks/hour   6.59 / 546 s

    (+1.04%)


https://blockchain.info/blocks/1431911769460

356918  to 357061  = 143 blocks  close to normal

Thank you for posting!  This looks much better then original estimates.  Guess there were some lucky pools or something.

I'm hoping to keep difficulty low all summer, don't know if I will get this luck but sure would be nice.

[philipma1957]

Okay right now https://bitcoinwisdom.com/bitcoin/difficulty

 is stuck at block 1893

and at a diff of (+4.79%)

The http://www.bitcoincharts.com/

has us at block 1763  and

a diff of about  (+0.57%)


https://blockchain.info/blocks

has us doing 25 blocks in tue  for the first 4hours 45 minutes    we should do  a lot more 47 so something is  going on

http://btc.blockr.io/charts

had 171 super high on the first day 5-17
then 143  about normal

  So once again we are in the -1 to +1 slot  .

I will get back with  the start time  when I wake up this morning.

[zebedee]

OK, we've had 300 blocks.  I'll take +0.26% to +0.50%. 

[philipma1957]

OK, we've had 300 blocks.  I'll take +0.26% to +0.50%.  

www.bitcoinwisdom.com is down


well we just hit block 300

http://www.bitcoincharts.com/


Blocks   357132
Total BTC   14.178M
 
Difficulty   48807487245
Estimated   48847686985 in 1716 blks
 
Network total   320856.917 Thash/s
Blocks/hour   5.51 / 653 s

(+0.08%)

 
-1.01% to -1.25%    philipma1957

+0.26% to +0.50%  zebedee  
+0.51% to +0.75%  valkir
+0.76% to +1.00%  gallery2000 note I switched to this since jonnybravo0311 had picked your pick already
+1.01% to +1.25%  jonnybravo0311 

[valkir]

+0.51% to + 0.75% for me!
Thanks

[jonnybravo0311]

I'll take the + 1.01 to 1.25 slot please.

[gallery2000]

+ 1.26% - 1.50