Diff thread Aug 8 to Aug 22nd picks are closed. Good luck!

[philipma1957]

Just set this up.   picks will open at block 300 made which is block 1716 left.  picks will end at block 1000 which is block 1016 left

Winner  the last was

jonnybravo0311 +0.76% to +1.00%

https://bitcointalk.org/index.php?topic=1135304.msg12085442#msg12085442

We just had a nice low Jump of 0.81%

 Difficulty History

Date   Difficulty   Change   Hash Rate

Aug 08 2015   52,699,842,409   0.81%   377,240,166 GH/s



Jul 25 2015   52,278,304,846   2.35%   374,222,683 GH/s
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
© 2013-2014 BitcoinWisdom.com

[1715229728]

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[1715229728]

1715229728

[philipma1957]

Okay bitmaintech is now selling a beast a 7700gh miner

it needs 3 psu's it is costly and with 3400 watts it must be really fucking loud

the question is will it hurt the diff rate?

19000CNY = 3056 usd

that price is hurtful  if you are usa based it will cause import duty issues.


 it needs psu's   3 evga 1300's would be enough power for it  and this means you can run it on 120 volts!  

it needs 3 different 120 volt 15 amp circuits

[jonnybravo0311]

When I first saw a reference to that thing posted the other day, I thought it was a joke.  Talk about Frankenstein's Monster.  While it might be possible to drive that beast with 3 EVGA 1300s, and for it to run on standard US residential power at 120V, good luck.  You'd have to find a location that could access 3 separate circuits, or run some extension cords all over the place.  I suppose it would fit right into the Frankenstein's Monster theme, though

[philipma1957]

When I first saw a reference to that thing posted the other day, I thought it was a joke.  Talk about Frankenstein's Monster.  While it might be possible to drive that beast with 3 EVGA 1300s, and for it to run on standard US residential power at 120V, good luck.  You'd have to find a location that could access 3 separate circuits, or run some extension cords all over the place.  I suppose it would fit right into the Frankenstein's Monster theme, though

I could run it on one of my 240 volt circuits.  But it goes for over 3k.  I do not like to import gear over 2500 as I get a lot of import  duty questions.

This would be a great piece of winter gear.  I would buy it right now for 2400.  But no one will sell me it for 2400.

[edonkey]

I saw this on the forum earlier today too. But why is it not showing up on the bitmaintech.com site?

Not that I really want three S5s strapped together anyway...

[VirosaGITS]

I saw this on the forum earlier today too. But why is it not showing up on the bitmaintech.com site?

Not that I really want three S5s strapped together anyway...

It's apparently on Bitmain's China website. And indeed, there isint much attract to the home miner.

Personally i'm just imagining 6 stock S5 fans screaming at 100% speed. Yeah no thanks.

[philipma1957]

I saw this on the forum earlier today too. But why is it not showing up on the bitmaintech.com site?

Not that I really want three S5s strapped together anyway...

it seems to be on the chinese site  not the worldwide site.

[alh]

I wonder if perhaps this "Monster S5+" miner reflects a delay in the long fabled S7. This clearly looks a like a "Data Center or Farm" only kind of device. I hope that doesn't portend anything for the S7.

While the difficulty increase was very small, it was still an increase. Barring some crash in BTC price, or after the halving, I don't think we'll see a difficulty of 50B (or less again).

I'll just keep my 460W SP20 running a while longer.

[philipma1957]

I wonder if perhaps this "Monster S5+" miner reflects a delay in the long fabled S7. This clearly looks a like a "Data Center or Farm" only kind of device. I hope that doesn't portend anything for the S7.

While the difficulty increase was very small, it was still an increase. Barring some crash in BTC price, or after the halving, I don't think we'll see a difficulty of 50B (or less again).

I'll just keep my 460W SP20 running a while longer.

I think the s-7 will come after sept 30th

barring a price crash.

Remember zero evidence that a better chip is in their hands.

[usenet]

I saw this on the forum earlier today too. But why is it not showing up on the bitmaintech.com site?

Not that I really want three S5s strapped together anyway...

it seems to be on the chinese site  not the worldwide site.

Soon will be available to all:

"Dear customers,

The S5+ is now opening for sale in Mainland China market(as some one has already found on the bitmain.cn), and it will be available for sale on global market next Friday. Then you can purchase the S5+ on our official website of bitmaintech.com.  "
https://bitcointalk.org/index.php?topic=1146965.40

I wonder prices.
Despite progress in reducing energy consumption , I believe that this is insufficient. Next year hashnest will not be so popular.

[mavericklm]

i want 3 * s5+ 

time for a negative diff?

[philipma1957]

i want 3 * s5+  

time for a negative diff?

I want the center piece with the controller. for 900 usd  with an option to add the left or right pieces.


The center piece does  2550gh at 1150 watts   weighs 4 kilos


can run with an evga 1300 g2.

It really would be a good way to buy it.  If I want to add on cool if I want to stay pat just wait for an s-7 addon

How about making the s-7 with or with out a controller and then just add on the s-7 in a few months.

[philipma1957]

Big price drop 255 to 260 ranges .

This will cause issues in diff.  we are -0.18


https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   52,606,076,380  (-0.18%)
Adjust time:   After 1815 Blocks, About 12.9 days
Hashrate(?):   377,693,988 GH/s
Block Generation Time(?):   
1 block: 10.2 minutes
3 blocks: 30.6 minutes
6 blocks: 1.0 hours
Updated:   16:5 (6.1 minutes ago)


I would really like to see some down pricing of btc for the next 2 weeks. We could get a farm to shut down with a good price drop.

I am hoping for < 225.00 usd a btc  really would love to see a drop to 185-190 a coin.

[valkir]

This S5+ is just too big for home mining!  3 15 amps is huge.
Hope this will not effect too much the diff.

[VirosaGITS]

This S5+ is just too big for home mining!  3 15 amps is huge.
Hope this will not effect too much the diff.

Yyeah but then again i don't think it will. After all the efficiency isint really all that different from the S5.

[philipma1957]

This S5+ is just too big for home mining!   3 15 amps is huge.
Hope this will not effect too much the diff.

Yyeah but then again i don't think it will. After all the efficiency isint really all that different from the S5.

yeah .445 vs .515  


 no big deal

although I believe it can be pencil modded to .4

based on the fact it no longer has a string design. --------  This is not confirmed I think I mis read some ones post


I think we are not going to see the s-7 anytime soon.

I do hope they sell the middle piece of these.  a 2550gh 1150 watt  miner could work for me.

[VirosaGITS]

This S5+ is just too big for home mining!  3 15 amps is huge.
Hope this will not effect too much the diff.

Yyeah but then again i don't think it will. After all the efficiency isint really all that different from the S5.

yeah .445 vs .515   


 no big deal

although I believe it can be pencil modded to .4

based on the fact it no longer has a string design.


I think we are not going to see the s-7 anytime soon.

I do hope they sell the middle piece of these.  a 2550gh 1150 watt  miner could work for me.

Thats a big piece for me to eat, but it could still be beneficial.
If some people jump at the 15% power efficiency gain. I might be able to get my hand on some affordable S5, maybe even some 3D print modded S5. That would be nice.

[tss]

snip
I am hoping for < 225.00 usd a btc  really would love to see a drop to 185-190 a coin.

wow. wow. wow.  i surely hope the current bottom limit is $250.  i know we're all here to mine more coin cheap and hodl but how many times can we revisit $180 before we hit $99 and less and less.  at some point all that hodl will sell and this was all worthless.

[alh]

Yyeah but then again i don't think it will. After all the efficiency isint really all that different from the S5.

yeah .445 vs .515   


 no big deal

although I believe it can be pencil modded to .4

based on the fact it no longer has a string design.


I think we are not going to see the s-7 anytime soon.

I do hope they sell the middle piece of these.  a 2550gh 1150 watt  miner could work for me.

One item I want to take issue with. What leads you to think that the "string design" is gone from the S5+? As I understand it, each blade has 48 chips, This could break down to a 3x16 layout, which would match the 3 PCIe power connectors on each blade. Maybe I missed something in the announcement, but I think the string design is alive and well for the S5+.

Just my picky two cents on a specific item above. I too think that this marks a later arrival of the S7 than folks may have expected.

[usenet]

philipma wrote about the fact that it is worth looking into buying s5 instead of s5+ .
And here we have a new deal to s5 . Only 352 USD ( 1.323 BTC) .
It seems that the weight of the parcel jumped to 4.2kg . They can now sell a version with small heatsinks or I missed something ?
Hashnest also got a new s5 delivery . Replacing the equipment continues.

[philipma1957]

Yyeah but then again i don't think it will. After all the efficiency isint really all that different from the S5.

yeah .445 vs .515   


 no big deal

although I believe it can be pencil modded to .4

based on the fact it no longer has a string design.


I think we are not going to see the s-7 anytime soon.

I do hope they sell the middle piece of these.  a 2550gh 1150 watt  miner could work for me.

One item I want to take issue with. What leads you to think that the "string design" is gone from the S5+? As I understand it, each blade has 48 chips, This could break down to a 3x16 layout, which would match the 3 PCIe power connectors on each blade. Maybe I missed something in the announcement, but I think the string design is alive and well for the S5+.

Just my picky two cents on a specific item above. I too think that this marks a later arrival of the S7 than folks may have expected.

I could have misread a post I will strike it since I am not sure.

[judypug1956]

Are picks opening ?

[philipma1957]

YES I will alter the title.

My pick is

-1.01% to -1.25%  philipma1957

[VirosaGITS]

YES I will alter the title.

My pick is

-1.01% to 1.25%  philipma1957

That's a pretty big pick, does this mean i can have my big range pick again? Maybe something like -3.5% to -1.00%?

[philipma1957]

YES I will alter the title.

My pick is

-1.01% to -1.25%  philipma1957

That's a pretty big pick, does this mean i can have my big range pick again? Maybe something like -3.5% to -1.00%?

corrected!  


-1.01% to -1.25%  philipma1957

[VirosaGITS]

YES I will alter the title.

My pick is

-1.01% to -1.25%  philipma1957

That's a pretty big pick, does this mean i can have my big range pick again? Maybe something like -3.5% to -1.00%?

corrected!  


-1.01% to -1.25%  philipma1957

Okay xD I'll take -0.76% to -1.00% then.

[mavericklm]

give me, please, the positive of your pick
thx!

[suchmoon]

Okay bitmaintech is now selling a beast a 7700gh miner

it needs 3 psu's it is costly and with 3400 watts it must be really fucking loud

85dB

http://shop.bitmain.cn/goods.php?id=47

Not for home use, not even for a shed or a detached garage.

Does anyone else get a feeling that Bitmain is becoming complacent due to their near-monopoly position? Why should they bother creating a new miner if they can still sell repackaged old crap.

Poor form.

Good for difficulty though.

[VirosaGITS]

Okay bitmaintech is now selling a beast a 7700gh miner

it needs 3 psu's it is costly and with 3400 watts it must be really fucking loud

85dB

http://shop.bitmain.cn/goods.php?id=47

Not for home use, not even for a shed or a detached garage.

Does anyone else get a feeling that Bitmain is becoming complacent due to their near-monopoly position? Why should they bother creating a new miner if they can still sell repackaged old crap.

Poor form.

Good for difficulty though.

Nope, i entirely agree. I have voiced a few times that Bitmain has (mostly) killed off competition and they can simply turn to the bigger market now and leave scraps for home miners.

As Valkir said previously, it just feel like S5 was rushed and more cheaply made than S3's, shipped in masses just to kill off competition.

[HerbPean]

Taking +1,26% to 1,50% (Same as previous)

Thanks !

[philipma1957]

-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits


+0.76% to +1.00% mavericklm   is this what you want  or do you want +1.01 to +1.25% ?

+1.26% to +1.50% HerbPean

[philipma1957]

Okay bitmaintech is now selling a beast a 7700gh miner

it needs 3 psu's it is costly and with 3400 watts it must be really fucking loud

85dB

http://shop.bitmain.cn/goods.php?id=47

Not for home use, not even for a shed or a detached garage.

Does anyone else get a feeling that Bitmain is becoming complacent due to their near-monopoly position? Why should they bother creating a new miner if they can still sell repackaged old crap.

Poor form.

Good for difficulty though.

I did a poll asking for them to sell the center piece with the controller.


https://bitcointalk.org/index.php?topic=1148333.0


A lot of interest in the ⅓ the hash size with controller included.

[lolxxxx]

-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits


+0.76% to +1.00% mavericklm   is this what you want  or do you want +1.01 to +1.25% ?

+1.26% to +1.50% HerbPean

0.26+ to 0.50+

[philipma1957]

-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits

+0.26% to +0.50% lolxxxx

+0.76% to +1.00% mavericklm   is this what you want  or do you want +1.01 to +1.25% ?

+1.26% to +1.50% HerbPean

[wpt1wpt1]

+3.01 to +3.25 please

[TheAnalogKid]

I'll jump in at:  -1.51 to -1.75%

Please and thank you.

[philipma1957]

-1.51% to -1.75% TheAnalogKid

-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits

+0.26% to +0.50% lolxxxx

+0.76% to +1.00% mavericklm   is this what you want  or do you want +1.01 to +1.25% ?

+1.26% to +1.50% HerbPean

+3.01% to +3.25% wpt1wpt1

[Mikestang]

I'm betting it'll be a slow climb for the remainder of the summer as Bitmain rolls into it's new gear.

I'll take +1.76% to +2.00%

[tss]

i'll take +1.51% to +1.75%

thanks

[valkir]

I will like +1.01 to +1.25%  if maverick want it give me +0.76% to +1.00%

[philipma1957]

I will like +1.01 to +1.25%  if maverick want it give me +0.76% to +1.00%

I will give it to you and if maverick wants to switch he can.

[valkir]

Perfect with me! 

[mavericklm]

i wanted +1.01 to +1.25%
but we are all friends around here and
i'm ok with+0.76% to +1.00%
 
thx!!!

[Amph]

+2.01 to +2.25 if not touched by anybody else

[philipma1957]

-1.51% to -1.75% TheAnalogKid

-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits


+0.26% to +0.50% lolxxxx

+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph

+3.01% to +3.25% wpt1wpt1

[edonkey]

Man this fills up fast. This time the cat says:

+0.51% to +0.75%

He was pretty close last time. Maybe he'll finally get some fishy treats this time...

[wlefever]

-1.26% to -1.50% for me please

[Mikestang]

I have to say that I'm a little disappointed in the drop in price, we're back below $264 and dropping as I type.  I was hoping we could set the bar at $290 and hold it there for a while.

[alh]

Please put me down for -.51% to -.75%.

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh

+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph

+3.01% to +3.25% wpt1wpt1

[jonnybravo0311]

+2.26 to +2.50 if you please

[Kexkey]

+2.51 to +2.75 for me!

Thanks!

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh

+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey

+3.01% to +3.25% wpt1wpt1

[philipma1957]

Hey Anyone here anything about notlist3d.

He has not made a post in 5 days.

He usually does not go that long>

He was running the last diff thread

https://bitcointalk.org/index.php?topic=1135304.0

https://bitcointalk.org/index.php?topic=1135304.msg12029419#msg12029419  this was aug 1

[Mikestang]

I have not seen him posting, and he usually posts around as much as you do. 

Vacation maybe?  It's that time of year if he's in the northern hemisphere.

[EternalWingsofGod]

Will make a pick of 2.76%-3%
Please and thank you.

[kenscho]

my pick

+0.01% to +0.25%

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh

+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1

[notlist3d]

Hey Anyone here anything about notlist3d.

He has not made a post in 5 days.

He usually does not go that long>

He was running the last diff thread

https://bitcointalk.org/index.php?topic=1135304.0

https://bitcointalk.org/index.php?topic=1135304.msg12029419#msg12029419  this was aug 1

Thanks for checking philipma.  I didn't post in advance as I thought I would use my phone to post, but was at a computer security conference and did not feel safe doing that even.    I was worried about someone doing a fake account of me if announced beforehand.   Happily I think I made it without any new ones.

On picks 3.26% to +3.50

Thanks!

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh

+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d

[ezeminer]

I will go for -0.26 to -0.50%


I feel as if many miners can't sustain mining with the price this low...

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh
-0.26% to -0.50%  ezeminer


+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d

[philipma1957]

And the last four days on http://btc.blockr.io/charts

Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


this explains strong move on bitcoinwisdom.org

https://bitcoinwisdom.com/bitcoin/difficulty   (+3.97%)


Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   54,790,571,047 (+3.97%)
Adjust time:   After 1433 Blocks, About 9.4 days
Hashrate(?):   411,505,037 GH/s
Block Generation Time(?):   
1 block: 9.5 minutes
3 blocks: 28.4 minutes
6 blocks: 56.8 minutes
Updated:   22:55 (2.5 minutes ago)


I am not sure  if this keeps this way but if it does my guess is bitmaintech really does have working s-7's

Or maybe

LKETC 5T 1000W


from this thread

https://bitcointalk.org/index.php?topic=1128816.msg11923544#msg11923544

is going on line.

I smell 5% or more.

[suchmoon]

Variance. Because someone had to say it.

[notlist3d]

I am not sure  if this keeps this way but if it does my guess is bitmaintech really does have working s-7's

Or maybe

LKETC 5T 1000W


from this thread

https://bitcointalk.org/index.php?topic=1128816.msg11923544#msg11923544

is going on line.

I smell 5% or more.

Ouch I really hope we don't go in the more part.  We have had a good summer on low amounts.   But i guess it depends if it's a one week raise or if we get it each change if who ever pumps out a lot of them.

I know it is going to happen I just was hoping closer to winter.

*Edit after thinking
It could also be S5+'s.  Bitmain is and has sold S5's that were "used" on latest ones so that leaves holes on their racks .... so the easily could have put S5+ in slots where S5's were.   Also some could be customers of S5 +.

[philipma1957]

I am not sure  if this keeps this way but if it does my guess is bitmaintech really does have working s-7's

Or maybe

LKETC 5T 1000W


from this thread

https://bitcointalk.org/index.php?topic=1128816.msg11923544#msg11923544

is going on line.

I smell 5% or more.

Ouch I really hope we don't go in the more part.  We have had a good summer on low amounts.   But i guess it depends if it's a one week raise or if we get it each change if who ever pumps out a lot of them.

I know it is going to happen I just was hoping closer to winter.

*Edit after thinking
It could also be S5+'s.  Bitmain is and has sold S5's that were "used" on latest ones so that leaves holes on their racks .... so the easily could have put S5+ in slots where S5's were.   Also some could be customers of S5 +.

well 2 big days of blocks is not a trend yet.  4 in a row and I will be nervous

[VirosaGITS]

well 2 big days of blocks is not a trend yet.  4 in a row and I will be nervous

It already dropped quite a bit.
Contest aside, a big jump in difficulty would be unfortunate, it could mean there's more at play than the Antminer S5+ or they loaded up 25PH of them on top of what they have, shifting the difficulty balance further.

[alh]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

[philipma1957]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

yeah more then possible more like it is true.

In fact they may not release the s-7 until nov this year.

[notlist3d]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

yeah more then possible more like it is true.

In fact they may not release the s-7 until nov this year.

The S5+ surprised me on releasing.  It is a way to get rid of ALOT of old chips.   So makes me wonder if they have a stockpile of chips, or just can produce them cheap at this point.

I think it will be a bit till next chip.  I think it will be based more off when it makes the most financial sense for them, not when we need it.  Also other companies could push it to be launched to.

[Mikestang]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

yeah more then possible more like it is true.

In fact they may not release the s-7 until nov this year.

The S5+ surprised me on releasing.  It is a way to get rid of ALOT of old chips.   So makes me wonder if they have a stockpile of chips, or just can produce them cheap at this point.

I think it will be a bit till next chip.  I think it will be based more off when it makes the most financial sense for them, not when we need it.  Also other companies could push it to be launched to.

It for sure would not make sense for Bitmain to release a new chip until all their new batches of S5 and S5+ have ROI'd for them in their farm, which is difficult to put a time table to when we don't know for sure how long they've been running S5+'s.  Even then they probably wouldn't release a new chip until they've pawned off sold many of their used miners to the mass-market.

Personally I look forward to the new hardware coming out because that means the current S5 used market should see an influx of hardware and the price should drop to a point where I can justify buying a few.

[philipma1957]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

yeah more then possible more like it is true.

In fact they may not release the s-7 until nov this year.

The S5+ surprised me on releasing.  It is a way to get rid of ALOT of old chips.   So makes me wonder if they have a stockpile of chips, or just can produce them cheap at this point.

I think it will be a bit till next chip.  I think it will be based more off when it makes the most financial sense for them, not when we need it.  Also other companies could push it to be launched to.

It for sure would not make sense for Bitmain to release a new chip until all their new batches of S5 and S5+ have ROI'd for them in their farm, which is difficult to put a time table to when we don't know for sure how long they've been running S5+'s.  Even then they probably wouldn't release a new chip until they've pawned off sold many of their used miners to the mass-market.

Personally I look forward to the new hardware coming out because that means the current S5 used market should see an influx of hardware and the price should drop to a point where I can justify buying a few.

also by selling s-5's and s-5's longer and longer and longer the result is many many many many of us will not want to switch our s-5's or s-5+'s when the s-7 comes out.

If it is Dec 1 and 250ph of the now 500ph net work is made up of s-5/s-5+  the switch over to s-7's is slower. and bitmaintech stays ahead of the wave.

Simply all good business from their viewpoint.

[notlist3d]

For the last month or so, the speculation has been that Bitmain was replacing used S5's with "as yet unreleased" S7 miners. It could be that it was actually S5+ miners rather than S7's. While the S5+ has it's advantages, it's really a repackaging of the S5 technology, and nothing like the previous increases (e.g. S5 over S3).

If the actual replacement has been s5+ miners, then that suggests to me that the S7 will be even later than many had expected/hoped. Right now it's hard to see what will motivate Bitmain to actually release an S7, assuming it has actually got the ASIC work and other engineering completed. It's possible folks have been assuming Bitmain is further along than they actually are.

Just my $.02.

yeah more then possible more like it is true.

In fact they may not release the s-7 until nov this year.

The S5+ surprised me on releasing.  It is a way to get rid of ALOT of old chips.   So makes me wonder if they have a stockpile of chips, or just can produce them cheap at this point.

I think it will be a bit till next chip.  I think it will be based more off when it makes the most financial sense for them, not when we need it.  Also other companies could push it to be launched to.

It for sure would not make sense for Bitmain to release a new chip until all their new batches of S5 and S5+ have ROI'd for them in their farm, which is difficult to put a time table to when we don't know for sure how long they've been running S5+'s.  Even then they probably wouldn't release a new chip until they've pawned off sold many of their used miners to the mass-market.

Personally I look forward to the new hardware coming out because that means the current S5 used market should see an influx of hardware and the price should drop to a point where I can justify buying a few.

also by selling s-5's and s-5's longer and longer and longer the result is many many many many of us will not want to switch our s-5's or s-5+'s when the s-7 comes out.

If it is Dec 1 and 250ph of the now 500ph net work is made up of s-5/s-5+  the switch over to s-7's is slower. and bitmaintech stays ahead of the wave.

Simply all good business from their viewpoint.

I don't know I know a lot will get one no matter what.   I like playing with new gear.  I would have done it on SFards but it was entering the lotto getting those.  But 5 of those would have been nice.

I think S5 will have a lot keeping it but eventually it will go to where S3's were and they trickle down.   I do think Bitmain will sell main site S5's.  And China and it's own will be using S5+'s.   Maybe we even see S5+'s on main site a few weeks before next gen.  I think somehow Bitmain will sell it's old gear and put new gear in it's data centers.

[zebedee]

+3.51% to +3.75% please

[notlist3d]

Bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,278,300,501 (+3.00%)
Adjust time:    After 1214 Blocks, About 8.1 days
Hashrate(?):    400,652,642 GH/s

Still early but not horrible increase.  Would like the 1-2 area but not to bad.

Price around 265 so it could be better there.

[philipma1957]

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh
-0.26% to -0.50%  ezeminer


+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d
+3.51% to +3.75% zebedee

[EternalWingsofGod]

Bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,278,300,501 (+3.00%)
Adjust time:    After 1214 Blocks, About 8.1 days
Hashrate(?):    400,652,642 GH/s

Still early but not horrible increase.  Would like the 1-2 area but not to bad.

Price around 265 so it could be better there.

It's still fairly volatile as 30 or so blocks caused the market prediction drop a fair bit but 1-2% seems likely

Bitcoin Difficulty: 52,699,842,409
Estimated Next Difficulty: 53,947,369,753 (+2.37%)  
Adjust time: After 1182 Blocks, About 8.0 days  
Hashrate(?): 388,919,321 GH/s

[notlist3d]

Bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,278,300,501 (+3.00%)
Adjust time:    After 1214 Blocks, About 8.1 days
Hashrate(?):    400,652,642 GH/s

Still early but not horrible increase.  Would like the 1-2 area but not to bad.

Price around 265 so it could be better there.

It's still fairly volatile as 30 or so blocks caused the market prediction drop a fair bit but 1-2% seems likely

Bitcoin Difficulty: 52,699,842,409
Estimated Next Difficulty: 53,947,369,753 (+2.37%)  
Adjust time: After 1182 Blocks, About 8.0 days  
Hashrate(?): 388,919,321 GH/s

Very true a lot can happen with around 8 day's left.  A shift one way or another or luck currently has more variance then it will at end when all is settled.

Price is dropping to around 261 so still price not going where we would like it.

[alh]

Your late night update from Minnesota:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,128,144,551 (+2.71%)
Adjust time:    After 1150 Blocks, About 7.7 days
Hashrate(?):    383,059,529 GH/s
Block Generation Time(?):    
1 block: 9.7 minutes
3 blocks: 28.9 minutes
6 blocks: 57.9 minutes
   
Updated:    23:50 (6.0 minutes ago)

BTC price: $261

[Amph]

Bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,278,300,501 (+3.00%)
Adjust time:    After 1214 Blocks, About 8.1 days
Hashrate(?):    400,652,642 GH/s

Still early but not horrible increase.  Would like the 1-2 area but not to bad.

Price around 265 so it could be better there.

It's still fairly volatile as 30 or so blocks caused the market prediction drop a fair bit but 1-2% seems likely

Bitcoin Difficulty: 52,699,842,409
Estimated Next Difficulty: 53,947,369,753 (+2.37%)  
Adjust time: After 1182 Blocks, About 8.0 days  
Hashrate(?): 388,919,321 GH/s

Very true a lot can happen with around 8 day's left.  A shift one way or another or luck currently has more variance then it will at end when all is settled.

Price is dropping to around 261 so still price not going where we would like it.

it will drop for sure, diff always follow the price, with a bit of a delay, so i'm not going to win this  , i think it will drop around 1%

[philipma1957]

okay we are 905 blocks in so picks will end in 13-16 hours.

https://bitcoinwisdom.com/bitcoin/difficulty         (+3.41%)



Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   54,496,018,890 (+3.41%)
Adjust time:   After 1111 Blocks, About 7.4 days
Hashrate(?):   383,056,957 GH/s
Block Generation Time(?):   
1 block: 9.6 minutes
3 blocks: 28.7 minutes
6 blocks: 57.4 minutes
Updated:   

picks as of 7 am friday the 14th  EST

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh
-0.26% to -0.50%  ezeminer


+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm 
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d
+3.51% to +3.75% zebedee

[notlist3d]

At least price is going up a little bit.  Currently around 266 now if we could only get in 270's again.

Hopefully difficulty goes down a tad though.  Would rather have the 1-2 percent.

[ezeminer]

At least price is going up a little bit.  Currently around 266 now if we could only get in 270's again.

Hopefully difficulty goes down a tad though.  Would rather have the 1-2 percent.

for the hashrate and difficulty... it seems too crazy to mine now.

My theory is that the lower the price, the higher the difficulty should be a slightly low difficulty... but then again s7's?

[VirosaGITS]

At least price is going up a little bit.  Currently around 266 now if we could only get in 270's again.

Hopefully difficulty goes down a tad though.  Would rather have the 1-2 percent.

for the hashrate and difficulty... it seems too crazy to mine now.

My theory is that the lower the price, the higher the difficulty should be a slightly low difficulty... but then again s7's?

I don't know, i would still be able to earn some money on S1's if BTC prices remained the same currently but block reward was halved. So i'm not particularly worried with that.

[notlist3d]

With S5+ having a batch we could see a temporary decline when they pull them from their data center I'm guessing and send to buyers.

If someone is good at tracking BTC might see how many units they sold, I know some people have done that before.  At over 7T per unit that could add up depending on how many they have.

[VirosaGITS]

With S5+ having a batch we could see a temporary decline when they pull them from their data center I'm guessing and send to buyers.

If someone is good at tracking BTC might see how many units they sold, I know some people have done that before.  At over 7T per unit that could add up depending on how many they have.

We could come up with a good guess, but its not impossible to get a +or- 10% (guessed) hashrate over a day even if the true hashrate remain the same, just because of "luck".

However seeing a sudden drop everytime Bitmain empty their warehouse with a wave of used Antminer S5 is pretty obvious. So we'll be able to guess a potential and likely range of how many S5+ they dumped/dc'ed, when they do it with S5+'s.

Because i'm pretty sure they will.

[notlist3d]

Slowly going down slightly no huge jumps:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,081,046,359 (+2.62%)
Adjust time:    After 1016 Blocks, About 6.8 days
Hashrate(?):    366,431,409 GH/s

Price around 265 so could be better.

[philipma1957]

 the picking is closed
    
picks as of 9 am Sat. the 14th  EST

-1.51% to -1.75% TheAnalogKid
-1.26% to -1.50% wlefever
-1.01% to -1.25%  philipma1957
-0.76% to -1.00%  VirosaGits
-0.51% to -0.75%  alh
-0.26% to -0.50%  ezeminer


+0.01% to +0.25% kenscho
+0.26% to +0.50% lolxxxx
+0.51% to +0.75% edonkey
+0.76% to +1.00% mavericklm  
+1.01% to +1.25%  valkir
+1.26% to +1.50% HerbPean
+1.51% to +1.75% tss
+1.76% to +2.00% Mikestang
+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d
+3.51% to +3.75% zebedee

https://bitcoinwisdom.com/bitcoin/difficulty


(+1.35%)

Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   53,408,886,301 (+1.35%)
Adjust time:   After 969 Blocks, About 6.6 days
Hashrate(?):   353,778,915 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.6 minutes
6 blocks: 59.1 minutes   

[VirosaGITS]

Well then, the final value would appear to hinge on major factors such as Bitmain's cycling their hardware. It almost look like they are timing their moves to purposely keep the difficulty even.

[philipma1957]

Well then, the final value would appear to hinge on major factors such as Bitmain's cycling their hardware. It almost look like they are timing their moves to purposely keep the difficulty even.

yeah they have been many timing moves that match that theory.

have to wait and see how true it is.

[alh]

Late Sunday night update from Minnesota:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    53,260,668,527 (+1.06%)
Adjust time:    After 747 Blocks, About 5.1 days
Hashrate(?):    366,874,505 GH/s
Block Generation Time(?):    
1 block: 9.9 minutes
3 blocks: 29.6 minutes
6 blocks: 59.2 minutes
   
Updated:    22:5 (6.3 minutes ago)

BTC price: $257 (down a little)

I think the days of 10% difficulty increases are over. It's a daunting task to add 30PH in a two week period, even with new efficient gear. I think it will be more of slow difficulty increase as mining farm replace (and sell) less efficient gear with more efficient gear. Antpool has no interest in increasing the difficulty.

Just my $.02.

[philipma1957]

@alh


  1000 s-5+ and 2000 s-5 =  10ph
 
  3000 s-5+ and 6000 s-5 =  30ph

 I do not think  they can sell and ship   30ph  in two weeks even if they want to do it.


http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 5 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion


So A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Some will say it was bitmaintech selling off s-5+

For me to figure what they sold I need someone to pm me a btc address they used to pay for  one s-5+

 I can back track to a larger   btc address and try to filter out purchases that are not  a multiple of 9.9 coins.

[VirosaGITS]

@alh


  1000 s-5+ and 2000 s-5 =  10ph
 
  3000 s-5+ and 6000 s-5 =  30ph

 I do not think  they can sell and ship   30ph  in two weeks even if they want to do it.


http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 5 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion


So A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Some will say it was bitmaintech selling off s-5+

For me to figure what they sold I need someone to pm me a btc address they used to pay for  one s-5+

 I can back track to a larger   btc address and try to filter out purchases that are not  a multiple of 9.9 coins.

Maybe this will help you;

S5 purchase;
https://blockexplorer.com/address/14e7bjywenc9Gkmogcxze2xW6fQSFnXAMQ

They move it right after;

https://blockexplorer.com/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

Final Balance 2695BTC.

Quite possibly linked one way or another to all their current sales. Total 31k BTC.

[philipma1957]

from that addy  I think this is the s-5+ tally

26    orders of 1
 8     orders of 2
 3     orders of 3
 1     order of  4
 3     orders of 5
 1     order  of 7
 1     order of 8
 2     orders of 10

[notlist3d]

from that addy  I think this is the s-5+ tally

26    orders of 1
 8     orders of 2
 3     orders of 3
 1     order of  4
 3     orders of 5
 1     order  of 7
 1     order of 8
 2     orders of 10

That would be around 105 machines.  Giving 7.7 TH each around is a little over 800T.    

The thing I wonder is the data center's.   I am guessing they might have their own addy.   I'm not sure how wild data centers will go with price, but as far as footprint they are able to put a lot more S5+ then regular S5 in space.  

Also bitwisdom looks nice:
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    53,057,568,681 (+0.68%)
Adjust time:    After 739 Blocks, About 5.1 days
Hashrate(?):    360,906,292 GH/s

Price is around 258.

[mavericklm]

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee!

[notlist3d]

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee!

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.

[philipma1957]

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee!

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.

And they take cash via bank transfers.

So if they unplugged 4.3x the 800th that would be  3.5ph or a full 1%   drop .  I still think those fires/explosions in China affected power to a farm or 2.

We were +4%  that is 14ph drop. 

[notlist3d]

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee!

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.

And they take cash via bank transfers.

So if they unplugged 4.3x the 800th that would be  3.5ph or a full 1%   drop .  I still think those fires/explosions in China affected power to a farm or 2.

We were +4%  that is 14ph drop. 

Would not surprise me on it effecting  a farm on explosion.  They have shown the crater it created it is crazy amount of damage.   

The question becomes if any were in the warehouse and are gone.   Or if they are just being effected by the electricity being down in some places.

[philipma1957]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 6 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32 after the explosions

So A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Always hard to fully understand dynamics of diff.  Just look at the last 10 days    we had 122 as a low and 170 as a high!  Those are really big swings.

Our real number is +17    blocks


so we made 1413  and 1396 would be 0%   we are really at  +1.21%


Looking at the photos of the fire/explosions  does make you realize BTC centralization is a bad thing. 

 Farms of 20ph or more     mean 20/350 or 5.7% of the network.

Asic builders should take note the 2x 10ph farms are better then 1x 20ph

Well 603 blocks left should be fun.

[EternalWingsofGod]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Likely a coincidence
Unless some Bitcoin miners located near that area had to be shut down temporarily
It may be possible to figure it out if there was a site near there through the history and location of active Bitcoin nodes just look post and pre explosion but not aware of a service that tracks historical nodes.

[philipma1957]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Likely a coincidence
Unless some Bitcoin miners located near that area had to be shut down temporarily
It may be possible to figure it out if there was a site near there through the history and location of active Bitcoin nodes just look post and pre explosion but not aware of a service that tracks historical nodes.

My thoughts are some power interruptions may have occur in the entire area. This meant some gear was put off line.  We backed of from a +4.00%  to +1.00%


3.00% is about   10-11ph    so some could have been sales of used s-5's and s-5+'s the rest may have been power outages.

[notlist3d]

Bitwisdom looks good:
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,099,430,764 (-1.14%)
Adjust time:    After 532 Blocks, About 3.8 days
Hashrate(?):    369,193,362 GH/s

But I think we have a lot of S5+'s on the way to customers.  And price at 253 is not good that it seems to slowly be falling.

[suchmoon]

And price at 253 is not good that it seems to slowly be falling.

What's the word on the street, is it the XT thing that's causing the fall?

[alh]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

[suchmoon]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

[philipma1957]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

[VirosaGITS]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

I was under the impression within moments of big blogs saying "OMG BITCOIN FORK INC" 10k BTC was dumped and priced dropped 10$ in minutes. Something about some pool or whatnot supporting XT + all the Chinese totally 44% or something.

Any FUD cause people to dump and run, heh.

[jonnybravo0311]

Certainly, a larger block size has its merits.  However, the fear that the blockchain could fork is causing some people to scream that the sky is falling.  Truthfully, why shouldn't investors be scared?  Unless the core developers come to a consensus, then it comes down to who adopts what.  If the majority follow the XT crew, then bigger blocks (and all the other stuff in XT) come into play.  If the majority follows Core, then things remain as is (barring any other improvements that are agreed upon and added).

[philipma1957]

Certainly, a larger block size has its merits.  However, the fear that the blockchain could fork is causing some people to scream that the sky is falling.  Truthfully, why shouldn't investors be scared?  Unless the core developers come to a consensus, then it comes down to who adopts what.  If the majority follow the XT crew, then bigger blocks (and all the other stuff in XT) come into play.  If the majority follows Core, then things remain as is (barring any other improvements that are agreed upon and added).

and this clearly points to a defect in BTC  no consensus can lead to splinter groups of coins  which will dilute the fuck out of BTC.


I can see why some people dumped coins.  If I had 1000 coins at this moment  I would need to decide what to do.

[notlist3d]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.

[philipma1957]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.

I would be 95% sure it mines as sha-256

[suchmoon]

OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.

I would be 95% sure it mines as sha-256

Yes, it's SHA-256. The only forking change is the block size increase. There are some other minor changes, like improved double-spend detection.

https://bitcoinxt.software/patches.html

[mavericklm]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

[suchmoon]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

[Mikestang]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

That's all it is, an altcoin with a name very similar to Bitcoin.  It will never become the main coin if China ignores it, which all indications seem to be that's what is going to happen.

It's funny that it's forked with larger blocks, but if not many people are going to use it then the larger blocks aren't necessary.

[VirosaGITS]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

Can't a core version with progressive block size increase code be submitted and if it get adopted by enough people, the whole network change to it without causing Earth shattering event where everyone flees and dump BTC with an additional 200 posts per hours about "THE END IS NEAR" like this is 31/12/2011 or something?

[philipma1957]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

yep and it is a strong and weak point at the same time.

too much dissension and it melts down into 100,000,000,000 different coins.  too much agreement or centralization  and it becomes a 3 or 4 big player game.

The dynamic is very interesting.  Just as long as all your coins are not on one table so to speak you can survive whatever happens.

I would like a simple two-three fold method  move blocks to 2mb   make lowest transaction fee  0.00005  under that and you get a reject send. keep the low send at 0.00000001   so to send 0.00000001 you need to spend 0.00005001

Should end spam with that minimum block size   leave us room for more transactions.

[suchmoon]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

Can't a core version with progressive block size increase code be submitted and if it get adopted by enough people, the whole network change to it without causing Earth shattering event where everyone flees and dump BTC with an additional 200 posts per hours about "THE END IS NEAR" like this is 31/12/2011 or something?

What XT is proposing is something like that (once 75% of blocks are mined on the new version we MIGHT start seeing larger blocks). And it's based on the same "core" source code that we're all currently using so if it's accepted it would be the new "core" albeit with a different name perhaps.

Any change to the block size would require a hard fork so whether it's called XT or something else it would be roughly the same outcome.

[VirosaGITS]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

Can't a core version with progressive block size increase code be submitted and if it get adopted by enough people, the whole network change to it without causing Earth shattering event where everyone flees and dump BTC with an additional 200 posts per hours about "THE END IS NEAR" like this is 31/12/2011 or something?

What XT is proposing is something like that (once 75% of blocks are mined on the new version we MIGHT start seeing larger blocks). And it's based on the same "core" source code that we're all currently using so if it's accepted it would be the new "core" albeit with a different name perhaps.

Any change to the block size would require a hard fork so whether it's called XT or something else it would be roughly the same outcome.

I see. I was kind of hoping "Satoshi" would have foreseen this eventuality and prepared a way to soft-ish fork by just voting on feature with hashpower. Clearly he did since the 1mB block was to keep it small for starters but why not prepare for the upcoming fork.

[jonnybravo0311]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's actually how it's supposed to work. There is no central authority to approve changes. Anyone can come up with a fork, I could make a code change that gives me a million coins and tell everyone to start using it. Obviously I'd be told to stuff it into various cavities but if someone comes up with a reasonable fork and asks to join and gets the consensus - it will happen.

Funny, you just described 99.9% of all alt coins out there...

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

It's a lot like an alt coin with one primary difference: there isn't a new blockchain.  These changes are intended to ride on the existing BTC blockchain.  Anyone can make their own coin.  In fact quite a few people have done precisely that.  Somebody didn't like the SHA-256 algorithm, so they used scrypt (hi LTC, how are you).  Some don't like the block halving, so they change that.  Some don't like the total number of coins, so they change that.  Some want proof of stake (PPC anyone).  In every case, each of these became its own entity - and they're collectively known as alt coins.

What XT is proposing is nothing more than a fork.  A change to the core code that increases block size (among a few other things like better double spend detection/tracking) means there are two disparate entities now competing to add blocks to the chain.  If enough people follow the XT path, then that fork will win... leaving everyone who doesn't follow it on a useless chain.

[philipma1957]

coins are tanking like a mother fucker!  222 at coin base!

time to buy!

[suchmoon]

coins are tanking like a mother fucker!  222 at coin base!

I posted this on another forum but perhaps relevant here too:

[philipma1957]

coins are tanking like a mother fucker!  222 at coin base!

I posted this on another forum but perhaps relevant here too:

I just purchased some I got in at 222 .

I feel for those that grabbed a few s-5+'s

BTW  the  price tank happened right after bitmaintech stopped sales on both the s-5 and the s-5+

[mavericklm]

162 at finex!!! what a show!

need more popcorn!

[philipma1957]

162 at finex!!! what a show!

need more popcorn!

wow that is monster low.

I would love to see it flatten out around 200-210 and stay put for a month.

[VirosaGITS]

coins are tanking like a mother fucker!  222 at coin base!

I posted this on another forum but perhaps relevant here too:

I just purchased some I got in at 222 .

I feel for those that grabbed a few s-5+'s

BTW  the  price tank happened right after bitmaintech stopped sales on both the s-5 and the s-5+

Look like you made some quick buck. Or could have. (Jumped up to 230 before dropping again)

[notlist3d]

I really don't think XT is helping us at all.  It is getting news, and seems to scare some.

And wow has this been a crazy day of price.   I just hope it goes back up.

[philipma1957]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 6 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32   "
Aug 18 2015   140       -4                      -36   "


So A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Always hard to fully understand dynamics of diff.  Just look at the last 10 days    we had 122 as a low and 170 as a high!  Those are really big swings.

Our real number is +13    blocks


so we made 1554  and 1541 would be 0%   we are really at  +0.84%


Looking at the photos of the fire/explosions  does make you realize BTC centralization is a bad thing.  

 Farms of 20ph or more     mean 20/350 or 5.7% of the network.

Asic builders should take note the 2x 10ph farms are better then 1x 20ph

Well 462 blocks left should be fun.

 What did I omit  oh yeah  price dropped as low as 162 on one of the exchanges.


I got in on coinbase at 222 to grab a coin  coinbase got close to 200

I expect a lot of interesting shit the next week or two.



https://bitcoinwisdom.com/bitcoin/difficulty   (-0.56%) ------- I get  (+0.84%) see above.

Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   52,403,664,014 (-0.56%)
Adjust time:   After 459 Blocks, About 3.3 days
Hashrate(?):   376,592,586 GH/s
Block Generation Time(?):   
1 block: 10.3 minutes
3 blocks: 30.9 minutes
6 blocks: 1.0 hours
Updated:   22:30 (3.5 minutes ago)


prices are 227 to 231 depends on where you buy.

[EternalWingsofGod]

looks to me more like a altcoin, or an sabotage of the bitcoin or an take over....

That's all it is, an altcoin with a name very similar to Bitcoin.  It will never become the main coin if China ignores it, which all indications seem to be that's what is going to happen.

It's funny that it's forked with larger blocks, but if not many people are going to use it then the larger blocks aren't necessary.

The interesting aspect would be if mining decided to split between XT compatible clients on fork and those that do not and support Core with a possibility of two trading platforms until stability is found that said assuming that were in the period of 1MB blocks in mid-2016 there would be a bunch of them now and then to justify XT otherwise your right that would be pretty funny everyone on Core and panicking while XT is underused then when users move over it balances out again if the transactions are not double counted on both platforms.

Bitcoin Difficulty: 52,699,842,409
Estimated Next Difficulty: 52,341,730,572 (-0.68%)  
Adjust time: After 440 Blocks, About 3.2 days  
Hashrate(?): 376,549,079 GH/s

Slightly negative at present but the price may impact that.

[philipma1957]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 6 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32   "
Aug 18 2015   140       -4                      -36   "


today is the 19th and in 12 hours we made 81 blocks  that is a 162 pace

https://blockchain.info/blocks


This could all be variance or the power issues caused due to the Chinese explosions/fire are fixed.

thus more people got back on line.

Of course the s-7   using 1385  chip was announced

https://bitcointalk.org/index.php?topic=1156770.0

maybe bitmaintech is putting them into their mines as I type

[jonnybravo0311]

maybe bitmaintech is putting them into their mines as I type

They are "under development".  You know as well as I do that is code for "we're currently deploying them into our mines."

I wish they had announced the actual specs of the S7.  230W/TH is very nice, though.  If these follow the same form factor as the S1/3/5, I can up my local hash to about 12TH/s for the same power draw as I have now with my S3s.  I see some pretty big difficulty jumps in our future.

[suchmoon]

maybe bitmaintech is putting them into their mines as I type

They are "under development".  You know as well as I do that is code for "we're currently deploying them into our mines."

I wish they had announced the actual specs of the S7.  230W/TH is very nice, though.  If these follow the same form factor as the S1/3/5, I can up my local hash to about 12TH/s for the same power draw as I have now with my S3s.  I see some pretty big difficulty jumps in our future.

It also depends on the price. If Bitmain decides to make money on margins instead of volume and the S7 costs 4 BTC per TH/s then the adoption will be slow. Also manufacturing capacity is not unlimited. Even if they can make 40 PH/s of those things per month that's just 5% increase per cycle minus whatever old hashrate they will end up replacing.

[jonnybravo0311]

Perhaps I should have defined big .  I don't mean we're going to see giant 20% increases... those days are likely long over.  By big, I meant we might see a few 8-10% increases.  You're absolutely right about the price as well.  They start selling these things at 4-5BTC per TH, nobody's buying.  I know I'm certainly not, considering I can get 1TH out of a couple S3s that are overclocked for well under 1BTC.  I'd have to run them for a long time to make up that 4BTC difference from power usage.

Just for fun... Assume the S7 is 1TH/s at 230W and costs 5BTC.  Assume also that I can get two overclocked S3s that will also get me 1TH/s for 800W.

Both expect to mine 0.009543BTC a day currently.  At exchange of $225 (sure hope THAT goes back up), that's about $2.15 a day.

At $0.10 per kWh, the S7 will cost $.55 a day to run.  The S3s will cost $1.92 a day.  So, I make $1.37 a day more with the S7.  To make up that 4BTC cost difference, it'll take me 657 days.

[philipma1957]

based on their sales  since feb 2015 they will not be giving them away.  my guess is same form factor as s-5 and 2-3th  thus 460-690 watts

since the s-5 was 341 or 1.5 btc plus shipping    these would be  okay at 3 btc plus .5 to ship or 3.5 btc .

lets say 3th for 3.5 btc shipped   uses 750 watts and breaks even in 263 days  3% growth and 225 for a  btc


so 3th  750 watts 3.5 btc shipping included lets see if thats what they do.

[suchmoon]

based on their sales  since feb 2015 they will not be giving them away.  my guess is same form factor as s-5 and 2-3th  thus 460-690 watts

since the s-5 was 341 or 1.5 btc plus shipping    these would be  okay at 3 btc plus .5 to ship or 3.5 btc .

lets say 3th for 3.5 btc shipped   uses 750 watts and breaks even in 263 days  3% growth and 225 for a  btc


so 3th  750 watts 3.5 btc shipping included lets see if thats what they do.

Sounds like a challenge? 2.5 TH/s @ $1000 plus shipping.

[wlefever]

based on their sales  since feb 2015 they will not be giving them away.  my guess is same form factor as s-5 and 2-3th  thus 460-690 watts

since the s-5 was 341 or 1.5 btc plus shipping    these would be  okay at 3 btc plus .5 to ship or 3.5 btc .

lets say 3th for 3.5 btc shipped   uses 750 watts and breaks even in 263 days  3% growth and 225 for a  btc


so 3th  750 watts 3.5 btc shipping included lets see if thats what they do.

Sounds like a challenge? 2.5 TH/s @ $1000 plus shipping.

I would go for one of those as long as the fans don't blow the doors off, or pierce my ears with noise lol

[jonnybravo0311]

Agreed... I'd far more enjoy the noise levels of the S1/S3 than those of the S5 for this unit.  2.5TH/s for $1000?  Hmmm... again overpriced as far as I'm concerned, but it does match up with S5 pricing.  575W to get that 2.5TH/s, so just over double the hash of the S5 for just a bit less power draw.  Assuming that is indeed the spec of the unit (big assumption there), that's $5.37 a day before power costs at current difficulty and exchange rates.  Subtract out $1.38 a day for power at $0.10 per kWh and you're at just under $4 a day.  250 day ROI with that.

[philipma1957]

Agreed... I'd far more enjoy the noise levels of the S1/S3 than those of the S5 for this unit.  2.5TH/s for $1000?  Hmmm... again overpriced as far as I'm concerned, but it does match up with S5 pricing.  575W to get that 2.5TH/s, so just over double the hash of the S5 for just a bit less power draw.  Assuming that is indeed the spec of the unit (big assumption there), that's $5.37 a day before power costs at current difficulty and exchange rates.  Subtract out $1.38 a day for power at $0.10 per kWh and you're at just under $4 a day.  250 day ROI with that.

they have been pricing gear at a 225 to 275 day breakeven for a while.  time to do this will come soon.  I am glad I did not purchase a s-5+

[jonnybravo0311]

Yup, that's why I can see the pricing model as I described it... about $1000 for the unit.  250 day ROI puts it smack in the middle of their typical range.

[notlist3d]

based on their sales  since feb 2015 they will not be giving them away.  my guess is same form factor as s-5 and 2-3th  thus 460-690 watts

since the s-5 was 341 or 1.5 btc plus shipping    these would be  okay at 3 btc plus .5 to ship or 3.5 btc .

lets say 3th for 3.5 btc shipped   uses 750 watts and breaks even in 263 days  3% growth and 225 for a  btc


so 3th  750 watts 3.5 btc shipping included lets see if thats what they do.

Sounds like a challenge? 2.5 TH/s @ $1000 plus shipping.

I would go for one of those as long as the fans don't blow the doors off, or pierce my ears with noise lol

I don't think noise will change.  They have been pretty consistent for last few generations on it is not quiet.  Yes S5 was very loud, but S4 was not quiet either.

I think noise is here to stay best advice is to get a place to put them that it will not bug you.

[Mikestang]

I don't think noise will change.  They have been pretty consistent for last few generations on it is not quiet.  Yes S5 was very loud, but S4 was not quiet either.

I think noise is here to stay best advice is to get a place to put them that it will not bug you.

It's a function of how much heat needs to be removed from the box.  The machine generates X amount of heat, thereby requiring Y amount of airflow to remove said heat.  Once that cfm requirement reaches a certain threshold there no way to keep it quiet without going crazy and fabbing up a water cooling system or something.

[VirosaGITS]

I don't think noise will change.  They have been pretty consistent for last few generations on it is not quiet.  Yes S5 was very loud, but S4 was not quiet either.

I think noise is here to stay best advice is to get a place to put them that it will not bug you.

It's a function of how much heat needs to be removed from the box.  The machine generates X amount of heat, thereby requiring Y amount of airflow to remove said heat.  Once that cfm requirement reaches a certain threshold there no way to keep it quiet without going crazy and fabbing up a water cooling system or something.

For a S5;
There's still a certain level of improvement you can get. For instance there's 170CFM fans with 44dB. Versus the stock fan that is almost 10 time quieter. Now i dont know exactly how much air flow you lose to resistance and so how much static pressure you need to keep the effective air flow but 2 of those should be better cooling than a single stock fan, while being wayy quieter.

[Mikestang]

For instance there's 170CFM fans with 44dB. Versus the stock fan that is almost 10 time quieter.

I doubt the factory fan is 440dB... 

[VirosaGITS]

For instance there's 170CFM fans with 44dB. Versus the stock fan that is almost 10 time quieter.

I doubt the factory fan is 440dB... 

Indeed it is not, its close to 80dB. dB is not linear so 10 more dB is twice as loud to the ear.

440dB would be a weapon of mass destruction.

[notlist3d]

For instance there's 170CFM fans with 44dB. Versus the stock fan that is almost 10 time quieter.

I doubt the factory fan is 440dB... 

Indeed it is not, its close to 80dB. dB is not linear so 10 more dB is twice as loud to the ear.

440dB would be a weapon of mass destruction.

I highly suggest having a mining area if at all possible.  Then you don't worry about DB of fan's, and only worry is cfm and can stick without having to mod or change out fans on many miners.

On a side note the price of BTC still sucks.  Hopefully we see it go up.

[wlefever]

Yeah btc price sucks, but I was hoping we stayed negative on this difficulty adjustment. I guess there is still time...

[valkir]

With the new S7 coming this one may be negative but the next one will be huge!

[suchmoon]

With the new S7 coming this one may be negative but the next one will be huge!

Not necessarily. When the S3 came out last July we stopped having massive double-digit increases and difficulty charts started flattening. When the S5 came out last December the diff remained relatively flat for a couple of cycles then gradually climbed to where it is now. Difficulty seems to be affected more by Bitcoin price than hardware.

[valkir]

I hope you are right 

But still if price go little bit up all old gear will fire it up and diff will raise.

[philipma1957]

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 6 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32   "
Aug 18 2015   140       -4                      -36   "
Aug 19 2015   164      +20                     -16 "


we are plus 36 blocks   with 297 left

so we made 1719  instead of 1683 we are now plus 2.13%

[notlist3d]

With the new S7 coming this one may be negative but the next one will be huge!

We don't know if the S7 will be soon or not.  Bitmain did announce the chip which I agree is big.  What I cant figure out is why a company that normally is quiet on development spoke out with it before S7 was released. 

Guess we will see in coming time what will happen.  But no matter what them sticking with 28nm could be scaring a few other chip makers right now.  I wish i could be a fly in the other companies wall to hear their R/D hurrying up after announcement. 

[edonkey]

With the new S7 coming this one may be negative but the next one will be huge!

We don't know if the S7 will be soon or not.  Bitmain did announce the chip which I agree is big.  What I cant figure out is why a company that normally is quiet on development spoke out with it before S7 was released. 

As suchmoon pointed out, they did that with the S3. They announced the chip, then the S3 two weeks later.

History could repeat itself...

[notlist3d]

With the new S7 coming this one may be negative but the next one will be huge!

We don't know if the S7 will be soon or not.  Bitmain did announce the chip which I agree is big.  What I cant figure out is why a company that normally is quiet on development spoke out with it before S7 was released. 

As suchmoon pointed out, they did that with the S3. They announced the chip, then the S3 two weeks later.

History could repeat itself...

One question that is related is how did iTop beat Bitmain to posting it to forums?  Did they release specs in China first and iTop took it to this board right away?

Was odd to see third party post it before bitmain.

[philipma1957]

With the new S7 coming this one may be negative but the next one will be huge!

We don't know if the S7 will be soon or not.  Bitmain did announce the chip which I agree is big.  What I cant figure out is why a company that normally is quiet on development spoke out with it before S7 was released.  

As suchmoon pointed out, they did that with the S3. They announced the chip, then the S3 two weeks later.

History could repeat itself...

One question that is related is how did iTop beat Bitmain to posting it to forums?  Did they release specs in China first and iTop took it to this board right away?

Was odd to see third party post it before bitmain.

I think iTop is not the typical third party reseller.  But WTF do I know in this case absolutely nothing.

[notlist3d]

With the new S7 coming this one may be negative but the next one will be huge!

We don't know if the S7 will be soon or not.  Bitmain did announce the chip which I agree is big.  What I cant figure out is why a company that normally is quiet on development spoke out with it before S7 was released.  

As suchmoon pointed out, they did that with the S3. They announced the chip, then the S3 two weeks later.

History could repeat itself...

One question that is related is how did iTop beat Bitmain to posting it to forums?  Did they release specs in China first and iTop took it to this board right away?

Was odd to see third party post it before bitmain.

I think iTop is not the typical third party reseller.  But WTF do I know in this case absolutely nothing.

They are for sure in the game to grab attention.  I wondered how they got that information.   I still wonder if they got it from China being announced first and they posted quick or how they did it.  I can't find if it was released before they posted the specs.

This is a little offtopic but I'm tired of seeing that iTop logo in so many posts.   It should be in the signature  not at top of each of their posts.   I don't think we would get away with posting an add at start of each post.  But again that is just me to.

Difficulty is not horrible on bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    53,391,316,193 (+1.31%)
Adjust time:    After 157 Blocks, About 1.1 days
Hashrate(?):    388,316,959 GH/s

Price is a different story around 232.  I wish I could have gotten some of that under 200 flash crash BTC.

[suchmoon]

This is a little offtopic but I'm tired of seeing that iTop logo in so many posts.   It should be in the signature  not at top of each of their posts.   I don't think we would get away with posting an add at start of each post.  But again that is just me to.

It's not just you, I think it's in violation of #22 and/or #24:

https://bitcointalk.org/index.php?topic=703657.0

[philipma1957]

The LOGO below:






Has nothing to do with this post, but looks cool.




http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 9 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32   "
Aug 18 2015   140       -4                      -36   "
Aug 19 2015   164      +20                     -16  "
Aug 20 2015    144      0                        -16  "

we are plus 36 blocks   with 157 left

so we made 1859  instead of 1823 we are now plus 1.97%

maybe 1 day left  maybe 1.1 or .9 days


looks to me to be plus  1.250% to 2.75%   will be our winner

[notlist3d]

For what it's worth I put it in meta about iTop ad, I hope they can move to a signature vs the click able ad that has been invading Bitmain threads. - https://bitcointalk.org/index.php?topic=1158270.new#new *Edit now that nasty logo is gone for good .  Thanks suchmoon for providing exact rules broken.

And on btc price I sure hope it goes up in next month.  It shows how BTC is still early in it's adoption when one site can bring down the price this much. And also XT talk I think has some of the decline in price.  But that flash crash was just crazy, wish they would have had more in place to stop something like that from happening.

[philipma1957]

Looking like we will be at block 2016 around  11 pm friday eastern standard time.



https://bitcoinwisdom.com/bitcoin/difficulty    (+2.18%)


Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   53,847,435,919 (+2.18%)
Adjust time:   After 78 Blocks, About 12.9 hours
Hashrate(?):   396,980,217 GH/s
Block Generation Time(?):   
1 block: 9.9 minutes
3 blocks: 29.9 minutes
6 blocks: 59.7 minutes
Updated:   10:25 (1.9 minutes ago)

look below

https://blockchain.info/blocks


370867 (Main Chain)  2015-08-21 14:31:07      
370774 (Main Chain)   2015-08-21 00:30:28

94 blocks today   in 14.5 hours     87 is normal    so we are finishing on an up note


we may go to +2.50%  or even +2.75%


the contestants below  all have a decent shot:

+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d
+3.51% to +3.75% zebedee


I don't think we can go higher then +3.75%  even with a mad finish.

[Mikestang]

Looking like we will be at block 2016 around  11 pm friday eastern standard time.



https://bitcoinwisdom.com/bitcoin/difficulty    (+2.18%)


Bitcoin Difficulty:   52,699,842,409
Estimated Next Difficulty:   53,847,435,919 (+2.18%)
Adjust time:   After 78 Blocks, About 12.9 hours
Hashrate(?):   396,980,217 GH/s
Block Generation Time(?):   
1 block: 9.9 minutes
3 blocks: 29.9 minutes
6 blocks: 59.7 minutes
Updated:   10:25 (1.9 minutes ago)

look below

https://blockchain.info/blocks


370867 (Main Chain)  2015-08-21 14:31:07      
370774 (Main Chain)   2015-08-21 00:30:28

94 blocks today   in 14.5 hours     87 is normal    so we are finishing on an up note


we may go to +2.50%  or even +2.75%


the contestants below  all have a decent shot:

+2.01% to +2.25% Amph
+2.26% to +2.50% jonnybravo0311
+2.51% to +2.75% Kexkey
+2.76% to +3.00% EnternalWingsofGod
+3.01% to +3.25% wpt1wpt1
+3.26% to +3.50% notlist3d
+3.51% to +3.75% zebedee


I don't think we can go higher then +3.75%  even with a mad finish.

I think my +1.76% to +2.00% is looking pretty good.  I foresee a small downturn here at the end of this difficulty adjustment.

[wlefever]

I think were going up up up to the end of this one. Almost 4.00% to close

[alh]

I agree, I think the days of "stable/flat difficulty" are pretty much over. We might get a small decrease ithere is some kind of unexpected event, of if the price of BTC crashes to less than $200 and stay there for a week or more. There is just too much new hardware in the works to keep the lid on hashrate through the rest of the year.

I have no idea about 2016, as the next halving will start to loom ever larger then.

[philipma1957]

370897 (Main Chain)   2015-08-21 18:14:24

370774 (Main Chain)   2015-08-21 00:30:28


124 blocks made  in 18.25 hours  110 is normal pace   so we are having a very strong finish

We have 47 blocks left

we may go over 3%

[notlist3d]

Its getting close to the end of this change.  Bitwisdom:

Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    54,159,532,960 (+2.77%)
Adjust time:    After 17 Blocks, About 2.8 hours
Hashrate(?):    405,271,441 GH/s

And btc price is still down.  We can hope during next period it goes up.

[jonnybravo0311]

Congrats EternalWingsOfGod for guessing the correct range .  +2.95%

[wpt1wpt1]

Err missed that by .05 much sorrow

[suchmoon]

Congrats EternalWingsOfGod for guessing the correct range .  +2.95%

Figures, with a username like that

Congratulations to the winner and please let me know your address for the reward.

[philipma1957]

I will open the new thread sat morning.

[EternalWingsofGod]

Congrats EternalWingsOfGod for guessing the correct range .  +2.95%

WOOT
I finally caught one been close a few times but it's always been a tease
(Address in profile is good but 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn in case you wanted it posted here too)

[suchmoon]

Congrats EternalWingsOfGod for guessing the correct range .  +2.95%

WOOT
I finally caught one been close a few times but it's always been a tease
(Address in profile is good but 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn in case you wanted it posted here too)

Yep, it never hurts to double check. Here is your reward:

https://blockchain.info/tx/2d2d60195ddd6d2c5e6578b389a5601286405a4a011b3d97f4f17daf2626363f

Congrats again and thank you for participating.

[Kexkey]

Congrats EternalWingsOfGod for guessing the correct range .  +2.95%

WOOT
I finally caught one been close a few times but it's always been a tease
(Address in profile is good but 12Ui3ssnJK71akxAgvVM3WtLa2EHidT3Xn in case you wanted it posted here too)

Congrats EternalWingsOfGod!  That was close, 0.05% more and ...

Thanks again to Phil and Suchmoon for the play during the war going on in the Bitcoin community...

[philipma1957]

closing this up.

new thread here:

https://bitcointalk.org/index.php?topic=1159269.0


@KexKey you are welcome