May 31st to June 14th diff adjustment thread with promo picks NOW CLOSED!

[skuser]

Agree that even +6% is not a catastrophe, we will just roll back to start of April when the diff was just under 50millions and this will be just a bit higher. Worse is I am not seeing short time hashrate calming, it's making spikes higher and higher without making downward spikes, so probably another +5% are in the waiting for next diff adjustment.

[notlist3d]

Morning bitwisdom:

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    50,384,955,210 (+5.87%)
Adjust time:    After 398 Blocks, About 2.5 days
Hashrate(?):    380,198,160 GH/s

Price is not doing bad at around 229.  Hopefully we can go past that 230 in near future.

[Mikestang]

Agree that even +6% is not a catastrophe, we will just roll back to start of April when the diff was just under 50millions and this will be just a bit higher. Worse is I am not seeing short time hashrate calming, it's making spikes higher and higher without making downward spikes, so probably another +5% are in the waiting for next diff adjustment.

As KnC brings their new facility online this fall things are going to go up and up.   

[suchmoon]

Agree that even +6% is not a catastrophe, we will just roll back to start of April when the diff was just under 50millions and this will be just a bit higher. Worse is I am not seeing short time hashrate calming, it's making spikes higher and higher without making downward spikes, so probably another +5% are in the waiting for next diff adjustment.

As KnC brings their new facility online this fall things are going to go up and up.   

As we've learned from their past performance "this fall" could be sometime in 2016. I wouldn't worry about that just yet.

[Jamphone]

A quick look at those financials from December says KNC may be bankrupt before 2016. Mining, much like pimping, ain't easy.

[alh]

I'll put up the nightly figures from bitcoinwisdom:

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,754,771,543 (+4.55%)
Adjust time:    After 308 Blocks, About 2.0 days
Hashrate(?):    362,890,187 GH/s
Block Generation Time(?):    
1 block: 9.2 minutes
3 blocks: 27.8 minutes
6 blocks: 55.5 minutes

Price: $231

Definitely going to be positive, though may well be below 5%.

[notlist3d]

I'll put up the nightly figures from bitcoinwisdom:

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,754,771,543 (+4.55%)
Adjust time:    After 308 Blocks, About 2.0 days
Hashrate(?):    362,890,187 GH/s
Block Generation Time(?):    
1 block: 9.2 minutes
3 blocks: 27.8 minutes
6 blocks: 55.5 minutes

Price: $231

Definitely going to be positive, though may well be below 5%.

Nice to see price cross that 230 threshold.  Hopefully we can keep it above.  That would be nice.

[notlist3d]

Nightly bitwisdom:

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,566,829,283 (+4.15%)
Adjust time:    After 179 Blocks, About 1.2 days
Hashrate(?):    350,211,631 GH/s

And price is over 230 so not bad.

[notlist3d]

Bitwisdom keeps looking nicer and nicer:

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,460,740,815 (+3.93%)
Adjust time:    After 100 Blocks, About 15.9 hours
Hashrate(?):    354,226,533 GH/s

Considering last week was a negative not bad at all.  And price is over 230 still.

[philipma1957]

coins are at 233.97 usd

diff is up (+4.19%)


https://bitcoinwisdom.com/bitcoin/difficulty

the price raise in coin does help the +4% jump

we look to do the adjustment in 10 hours about 63 blocks away.


+2.51% to +2.75% Kexkey
+2.76% to +3.00% alh
+3.01% to +3.25% hobbymd corrected to  +3.01% to +3.25%


+4.01% to +4.25% skuser


looks like a few people could win.

[alh]

There's a lot of "empty space" (i.e. unclaimed spots) for it to land as well. I wouldn't be a bit surprised it's a complete miss this time, just like last time.

I've tried calling my buddies at KNC to see if they wouldn't turn off 10PH or so, so I could win. Strangely enough they haven't returned my call!    (That's a huge flippant smiley)

[philipma1957]

looks like we may drift to 4.5% and have a second carry over.


https://bitcoinwisdom.com/bitcoin/difficulty  (+4.63%)   24 blocks to go

[notlist3d]

looks like we may drift to 4.5% and have a second carry over.


https://bitcoinwisdom.com/bitcoin/difficulty  (+4.63%)   24 blocks to go

I think your right about the drift up. 16 blocks left

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,828,552,735 (+4.70%)
Adjust time:    After 16 Blocks, About 2.5 hours
Hashrate(?):    357,226,162 GH/s

I still think not to bad when you look at negative the period before.    Even if we hit 5 this week that is only 2.5 if you take out the negative period.

[philipma1957]

looks like we may drift to 4.5% and have a second carry over.


https://bitcoinwisdom.com/bitcoin/difficulty  (+4.63%)   24 blocks to go

I think your right about the drift up. 16 blocks left

Bitcoin Difficulty:    47,589,591,154
Estimated Next Difficulty:    49,828,552,735 (+4.70%)
Adjust time:    After 16 Blocks, About 2.5 hours
Hashrate(?):    357,226,162 GH/s

I still think not to bad when you look at negative the period before.    Even if we hit 5 this week that is only 2.5 if you take out the negative period.

well we are still under 50 bill diff > I think no one would have thought 50 bill would be a barrier of sorts .


Difficulty History

Date   Difficulty   Change   Hash Rate
May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s-------------------------- we may be tied with this number---------price was 263
Mar 22 2015   46,717,549,645   -1.50%   334,417,246 GH/s
Mar 08 2015   47,427,554,951   1.59%   339,499,662 GH/s
Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s
Feb 09 2015   44,455,415,962   7.71%   318,224,263 GH/s

[philipma1957]

3 blocks to go and skuser is close to a win.

https://bitcoinwisdom.com/bitcoin/difficulty


(+4.23%)

price is back to 234 usd

[alh]

Looks like no winner this time..... 

Jun 14 2015    49,692,386,355    4.42%    355,711,957 GH/s

While I'm sure Phil will call it in the morning, I don't think anybody took the correct spot, though skuser was closest. Unless of course I missed somebody on the list.

Just for those folks that are up late.

[notlist3d]

Looks like no winner this time..... 

Jun 14 2015    49,692,386,355    4.42%    355,711,957 GH/s

While I'm sure Phil will call it in the morning, I don't think anybody took the correct spot, though skuser was closest. Unless of course I missed somebody on the list.

Just for those folks that are up late.

Considering price increase and coming from a negative I'm counting this one as a win.   Still has been a nice summer for miners.

Hopefully rest of summer falls in line like it has so far.

[philipma1957]

Looks like no winner this time..... 

Jun 14 2015    49,692,386,355    4.42%    355,711,957 GH/s

While I'm sure Phil will call it in the morning, I don't think anybody took the correct spot, though skuser was closest. Unless of course I missed somebody on the list.

Just for those folks that are up late.

Considering price increase and coming from a negative I'm counting this one as a win.   Still has been a nice summer for miners.

Hopefully rest of summer falls in line like it has so far.

price has pushed up to 235 usd.

maybe the 50 bill mark gets past next time.


and we now are at  2 rollovers so next contest = 0.3 btc

[philipma1957]

new thread


https://bitcointalk.org/index.php?topic=1089836.new#new