July 11th to July 25th diff thread. Picks are now closed.

[philipma1957]

This is just a setup page locked and closed for now.  Will begin it  tonight.

picks will start at block 300 and end at block 1000.

Okay last round was paid off.



https://bitcoinwisdom.com/bitcoin/difficulty    (+4.33%)


After 1923 Blocks, About 13.1 days


BTC/USD:303.35 -----------------looks good


Difficulty History

Date--------   Difficulty---   Change   Hash Rate
Jul 11 2015   51,076,366,303   3.39%   365,618,871 GH/s


Jun 28 2015   49,402,014,931   -0.58%   353,633,397 GH/s
Jun 14 2015   49,692,386,355   4.42%   355,711,957 GH/s
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
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
Jan 27 2015   41,272,873,895   -6.14%   295,442,739 GH/s
Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s
Dec 30 2014   40,640,955,017   3.00%   290,919,288 GH/s
Dec 17 2014   39,457,671,307   -1.37%   282,449,013 GH/s
Dec 02 2014   40,007,470,271   -0.73%   286,384,627 GH/s
Nov 18 2014   40,300,030,328   1.76%   288,478,854 GH/s
Nov 05 2014   39,603,666,252   10.05%   283,494,086 GH/s
Oct 23 2014   35,985,640,265   2.81%   257,595,247 GH/s
Oct 09 2014   35,002,482,026   0.98%   250,557,526 GH/s
Sep 25 2014   34,661,425,924   16.20%   248,116,151 GH/s
Sep 13 2014   29,829,733,124   8.75%   213,529,547 GH/s
Aug 31 2014   27,428,630,902   15.03%   196,341,788 GH/s
Aug 19 2014   23,844,670,039   20.86%   170,686,797 GH/s
Aug 08 2014   19,729,645,941   5.30%   141,230,307 GH/s
Jul 25 2014   18,736,441,558   8.08%   134,120,673 GH/s
Jul 12 2014   17,336,316,979   3.08%   124,098,191 GH/s
Jun 29 2014   16,818,461,371   24.93%   120,391,236 GH/s
Jun 18 2014   13,462,580,115   14.51%   96,368,902 GH/s
Jun 05 2014   11,756,551,917   12.44%   84,156,677 GH/s
May 24 2014   10,455,720,138   18.10%   74,844,960 GH/s
May 12 2014   8,853,416,309   10.66%   63,375,223 GH/s
Apr 29 2014   8,000,872,136   14.64%   57,272,474 GH/s
Apr 17 2014   6,978,842,650   14.04%   49,956,502 GH/s
Apr 05 2014   6,119,726,089   22.23%   43,806,706 GH/s
Mar 24 2014   5,006,860,589   17.80%   35,840,504 GH/s
Mar 13 2014   4,250,217,920   11.39%   30,424,245 GH/s
Feb 28 2014   3,815,723,799   21.92%   27,314,015 GH/s
Feb 17 2014   3,129,573,175   19.39%   22,402,357 GH/s
Feb 05 2014   2,621,404,453   19.49%   18,764,744 GH/s
Jan 24 2014   2,193,847,870   22.59%   15,704,175 GH/s
Jan 13 2014   1,789,546,951   26.16%   12,810,076 GH/s
Jan 02 2014   1,418,481,395   20.12%   10,153,885 GH/s
Dec 21 2013   1,180,923,195   30.01%   8,453,378 GH/s
Dec 10 2013   908,350,862   28.41%   6,502,229 GH/s
Nov 29 2013   707,408,283   16.07%   5,063,826 GH/s
Nov 17 2013   609,482,680   19.29%   4,362,847 GH/s
Nov 05 2013   510,929,738   30.70%   3,657,378 GH/s
© 2013-2014 BitcoinWisdom.com

[philipma1957]

Picks start at block 300

which should be early Tues. Eastern Standard time


-1.01% to -1.25% ------philipma1957

[philipma1957]

some early numbers

coins are 308 usd yep thats right!


http://btc.blockr.io/charts

yesterday

 July 11th     146  blocks made  144 is normal    so we are close to even on the first part day.


https://bitcoinwisdom.com/bitcoin/difficulty  says (+4.01%)  which is higher then the real number


https://bitcoincharts.com/   ----------  has us with (+0.25%)  real time number

Blocks   365004
Total BTC   14.375M
 
Difficulty   51076366303
Estimated   51204145054 in 1908 blks
 
Network total   364617.762 Thash/s
Blocks/hour   5.98 / 602 s



We are early  real time we are a little plus.
predicted we are over  4%

about 108 blocks in  so picks open some time on Tues.

Now that we climbed over  300 usd  the next 10 to 13 days are  key if we climb over 350 and stay there diff will move.

[notlist3d]

some early numbers

coins are 308 usd yep thats right!

I wanted to see 300 during this difficulty we have already passed my goal.  Will be intresting to see how high we can get above 300.   I'm suprised I thought we would going up and down around 300.  But so far pretty steady above it.

And still difficulty under 5.. not bad at all:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    53,140,476,481 (+4.04%)
Adjust time:    After 1898 Blocks, About 13.0 days
Hashrate(?):    356,449,156 GH/s

[ezeminer]

Amazing we got back to November prices.
310.

Guess everyone is going for the moon.

[philipma1957]

I'm in for +1.01% to +1.25%

picks are closed until block 300  

so tues early in the morning

[valkir]

If the S7 get on the market on the next diff, the hashrate will rocketup.
With the price going up we cant aim to a negatif diff I guess.

[notlist3d]

Hashrate could be worse:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,676,501,561 (+3.13%)
Adjust time:    After 1847 Blocks, About 12.9 days
Hashrate(?):    362,801,407 GH/s

Price around 307 so still above 300 which is nice.  Hopefully we can keep over 300 for most/all of difficulty period.

[philipma1957]

very early number show us to be negative at the moment.


http://btc.blockr.io/charts


July 11 2014 -------- 146 made  which is +2   most of these were made on the last adjustment
July 12 2014 -------- 138 made  which is - 6

______________________________________________________________________________
______________________________________________________________________________

http://www.bitcoincharts.com/  (+0.12%)

Blocks   365068
Total BTC   14.377M
 
Difficulty   51076366303
Estimated   51140742980 in 1844 blks   >>>>>>     tiny jump up
 
Network total   331048.295 Thash/s
Blocks/hour   5.43 / 663 s               >>>>>>>>>>>  this is  a negative rate
_____________________________________________________________________________
_____________________________________________________________________________

https://bitcoinwisdom.com/bitcoin/difficulty >>>>>>>>>>>>>  (+2.79%)


and a drop in price to 301

So don't be anxious to guess

[notlist3d]

I find it interesting how much bitwisdom changes in a hour.  It is kinda a roller coaster at beginning of difficulty change.

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,676,501,561 (+3.13%)
Adjust time:    After 1847 Blocks, About 12.9 days
Hashrate(?):    362,801,407 GH/s

and

https://bitcoinwisdom.com/bitcoin/difficulty >>>>>>>>>>>>>  (+2.79%)

That is a decent change in just a hour.  But I do really like the way its going.

[notlist3d]

Ouch price is now taking a dive currently at - 284.75

This is a drop of over 8 percent or 25 dollars.   Price is still not horrible as long as it does not plummet more.  But would be nice to get over 300 mark again.


http://www.coindesk.com/price/

[philipma1957]

Ouch price is now taking a dive currently at - 284.75

This is a drop of over 8 percent or 25 dollars.   Price is still not horrible as long as it does not plummet more.  But would be nice to get over 300 mark again.


http://www.coindesk.com/price/

dropped a bit more..   Well this is why waiting to block 300 to pick helps a bit.

If everyone picked yesterday when coins were 310  picks would be as high as 5% and 6%

based on this site which is more of a real time number we are negative   we are 208 blocks in  so figure 14 to 16 hours time and we will open for picking.

 http://www.bitcoincharts.com/  (-0.036%)

Blocks   365104
Total BTC   14.378M
 
Difficulty   51076366303
Estimated   51057804323 in 1808 blks
 
Network total   327993.542 Thash/s
Blocks/hour   5.38 / 669 s



So over night a big drop.

  Oh coinbase needed to shut down  must likely panicked sellers  caused that.

Look for them to open later today.


Feel sorry if you ordered an s-5 at the new higher price of 439 plus shipping.  Good luck with that.

[jonnybravo0311]

Feel sorry if you ordered an s-5 at the new higher price of 439 plus shipping.  Good luck with that.

Gotta love Bitmain...

Finance guys: hey, BTC is trending up?  Woohoo!  Raise the price of the miners!!!
Hardware guys: sweet!  We can sell off those old S5s from our data center for even more $$!!!  Makes more room for these shiny new S7s!
Sales guys: well... they're not saying anything at all... they're still too drunk to form complete thoughts.

[notlist3d]

Bitwisdom looks like it's thinking positive still:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,325,069,545 (+2.44%)
Adjust time:    After 1745 Blocks, About 12.2 days
Hashrate(?):    368,588,798 GH/s

Price making it up slowly and at 288.  It is not the 300+ we had but at least it's slowly going up.

[philipma1957]

Feel sorry if you ordered an s-5 at the new higher price of 439 plus shipping.  Good luck with that.

Gotta love Bitmain...

Finance guys: hey, BTC is trending up?  Woohoo!  Raise the price of the miners!!!
Hardware guys: sweet!  We can sell off those old S5s from our data center for even more $$!!!  Makes more room for these shiny new S7s!
Sales guys: well... they're not saying anything at all... they're still too drunk to form complete thoughts.

Well in their favor at least they sell gear to us.
Many other companies just shut us out.
They are in a funny spot as they are just about the only company that sells gear to the home miner.

As of right now they want 399 plus 43 to ship to the usa total price = 442

Can it make money if you have a psu and cheap power it can make money.

Is it a fair price?  Some say no way too high.  It is way too high if your power is at 10cents and up.

So mining is now an 8 cent a kwatt game.

[Mikestang]

Bitwisdom looks like it's thinking positive still:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,325,069,545 (+2.44%)
Adjust time:    After 1745 Blocks, About 12.2 days
Hashrate(?):    368,588,798 GH/s

Price making it up slowly and at 288.  It is not the 300+ we had but at least it's slowly going up.

Price is over 290, 292 right now, hopefully it will make it back up and over 300 and stay there as the new norm.

[notlist3d]

Bitwisdom looks like it's thinking positive still:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,325,069,545 (+2.44%)
Adjust time:    After 1745 Blocks, About 12.2 days
Hashrate(?):    368,588,798 GH/s

Price making it up slowly and at 288.  It is not the 300+ we had but at least it's slowly going up.

Price is over 290, 292 right now, hopefully it will make it back up and over 300 and stay there as the new norm.

That is good news we made a pretty quick recovery from low 280's to low 290's.  I'm just hoping we can get the 300 again in a decent time period.

I am hoping you are right about 300 being the new norm.  For us miners going from mid 200's to 300 is a good and welcomed jump.

[wlefever]

Bitwisdom looks like it's thinking positive still:

Bitcoin Difficulty:    51,076,366,303
Estimated Next Difficulty:    52,325,069,545 (+2.44%)
Adjust time:    After 1745 Blocks, About 12.2 days
Hashrate(?):    368,588,798 GH/s

Price making it up slowly and at 288.  It is not the 300+ we had but at least it's slowly going up.

Price is over 290, 292 right now, hopefully it will make it back up and over 300 and stay there as the new norm.

That is good news we made a pretty quick recovery from low 280's to low 290's.  I'm just hoping we can get the 300 again in a decent time period.

I am hoping you are right about 300 being the new norm.  For us miners going from mid 200's to 300 is a good and welcomed jump.

I couldn't agree more about hanging around the 300's.  Not looking for a major climb too quickly.

[philipma1957]

if you are mining a jump to 400 then 500 will start  big growth in diff.
 I actually prefer it to do a big drop 210 or 220 then a slow climb back up.
Anything to slow diff growth and keep it under 2%.

 I rather the jump up and over 300 then 400 happens in Oct or Nov.

I fear staying above 300 before the s-7 drops will result in big diff jump.
I know prices above 400 right at the s-7 release will be a big growth jump and higher s-7 prices.

[notlist3d]

if you are mining a jump to 400 then 500 will start  big growth in diff.
 I actually prefer it to do a big drop 210 or 220 then a slow climb back up.
Anything to slow diff growth and keep it under 2%.

 I rather the jump up and over 300 then 400 happens in Oct or Nov.

I fear staying above 300 before the s-7 drops will result in big diff jump.
I know prices above 400 right at the s-7 release will be a big growth jump and higher s-7 prices.

It's been a great summer so far.  Much better then I ever expected.  I would agree once next gen comes out we will see some more growth, I'm not sure how crazy it will be.  

What I'm hoping is we gain with next gen, but we lose some old miners.  I still think there are quite a few A1's out there.  One day they will drop out, but it's hard to say when.    
If we keep seeing low to medium single digits  for rest of summer I will be a extremely happy person. And if we don't I still did far better then I thought I would during summer, so still a win.