Diff thread aug 23rd to sept 5th. Picks are closed.

[philipma1957]

New thread.  Last jumps was 2.95%

EternalWingsofGod was the winner.


Difficulty History

Date--------   Difficulty --   Change--   Hash Rate




Aug 22 2015   54,256,630,328   2.95%   388,384,088 GH/s



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
© 2013-2014 BitcoinWisdom.com

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[philipma1957]

Picks open at 300th made block  which is   1716 remaining  so we have time .
Picks close at 1000th made  block which is 1016 remaining.


Bitcoin Difficulty:   54,256,630,328
Estimated Next Difficulty:   54,370,133,238 (+0.21%)
Adjust time:   After 2004 Blocks, About 14.1 days
Hashrate(?):   408,339,410 GH/s
Block Generation Time(?):   
1 block: 10.1 minutes
3 blocks: 30.2 minutes
6 blocks: 1.0 hours
Updated:   0:10 (8.3 hours ago)



As always  I am taking -1.01% to -1.25%

[mavericklm]

mine will be yours mirrored

finally some negative or new better hardware will keep us above 0?!?!

[suchmoon]

I think it's safe to say that Bitmain won't be able to deliver the S7 during this cycle, and the exchange rate remains low so I'd say a small change is likely. Which has been the case lately anyway, I mean the last 5% change was nearly 5 months ago.

[notlist3d]

Sure would be nice if we do get a negative this week. Last week was not horrible but i really like 2 percent or less.  But at least not a crazy big number.

Price seems to be hanging around 230 for a while now.  Hopefully we can get a little higher on it during this period.

[Mikestang]

With all the hype around Bitmain's new chip, the S7, and even the S5+ I don't think negative is in our near future.  I'm hoping to see another <%5 positive move at the worst.

[suchmoon]

Hopefully we can get a little higher on it during this period.

Only if the XT nonsense gets resolved somehow. Which it probably won't anytime soon.

[notlist3d]

Hopefully we can get a little higher on it during this period.

Only if the XT nonsense gets resolved somehow. Which it probably won't anytime soon.

XT I think will be there for a while sadly.  I don't think there is a chance it takes enough to become the main coin.   It is sad they even have it as it's just hurting btc in my mind.

I think biggest thing is still the flash crash.  That took a LOT of money of people buying up.   Normally that amount spent to buy would not happen in such a little time.

[VirosaGITS]

It would have taken some other major news to cause that flash crash and assuming it was FUD instilled by XT isint much of a stretch.

XT is definitively going at this the wrong way.

[suchmoon]

It would have taken some other major news to cause that flash crash and assuming it was FUD instilled by XT isint much of a stretch.

XT is definitively going at this the wrong way.

I wouldn't say it's the wrong way, it's how Bitcoin is supposed to work - consensus decides. The sad part is that we got to that point. There's been talk about block size for months if not years and if the problem doesn't get solved by the "official" devs then sooner or later someone would attempt a fork like that.

Also makes you wonder if Bitcoin 2.0 stuff (sidechains et al) has any chance of ever happening in a climate like this.

[VirosaGITS]

It would have taken some other major news to cause that flash crash and assuming it was FUD instilled by XT isint much of a stretch.

XT is definitively going at this the wrong way.

I wouldn't say it's the wrong way, it's how Bitcoin is supposed to work - consensus decides. The sad part is that we got to that point. There's been talk about block size for months if not years and if the problem doesn't get solved by the "official" devs then sooner or later someone would attempt a fork like that.

Also makes you wonder if Bitcoin 2.0 stuff (sidechains et al) has any chance of ever happening in a climate like this.

I don't have any problem with the block size code. Its all the other shifty code unrelated to it that they perhaps maliciously implemented. Like the IP blacklist code.

[suchmoon]

It would have taken some other major news to cause that flash crash and assuming it was FUD instilled by XT isint much of a stretch.

XT is definitively going at this the wrong way.

I wouldn't say it's the wrong way, it's how Bitcoin is supposed to work - consensus decides. The sad part is that we got to that point. There's been talk about block size for months if not years and if the problem doesn't get solved by the "official" devs then sooner or later someone would attempt a fork like that.

Also makes you wonder if Bitcoin 2.0 stuff (sidechains et al) has any chance of ever happening in a climate like this.

I don't have any problem with the block size code. Its all the other shifty code unrelated to it that they perhaps maliciously implemented. Like the IP blacklist code.

I don't think that's in there. Some click-bait "news" sites may have spread some rumors as far as I've seen.

https://github.com/bitcoinxt/bitcoinxt
https://bitcoinxt.software/patches.html

[VirosaGITS]

It would have taken some other major news to cause that flash crash and assuming it was FUD instilled by XT isint much of a stretch.

XT is definitively going at this the wrong way.

I wouldn't say it's the wrong way, it's how Bitcoin is supposed to work - consensus decides. The sad part is that we got to that point. There's been talk about block size for months if not years and if the problem doesn't get solved by the "official" devs then sooner or later someone would attempt a fork like that.

Also makes you wonder if Bitcoin 2.0 stuff (sidechains et al) has any chance of ever happening in a climate like this.

I don't have any problem with the block size code. Its all the other shifty code unrelated to it that they perhaps maliciously implemented. Like the IP blacklist code.

I don't think that's in there. Some click-bait "news" sites may have spread some rumors as far as I've seen.

https://github.com/bitcoinxt/bitcoinxt
https://bitcoinxt.software/patches.html

Here is the commit i am referring to;
https://github.com/bitcoinxt/bitcoinxt/commit/73c9efe74c5cc8faea9c2b2c785a2f5b68aa4c23

Properly used, it could be of some use, albeit not necessary, but this add centralized authority to a decentralized body, as i understand it. At any rate there's better ways of doing this.

[notlist3d]

Very early in the week but here is bitwisdom:

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    54,370,133,238 (+0.21%)
Adjust time:    After 2004 Blocks, About 14.1 days
Hashrate(?):    408,339,410 GH/s

And price is still around 230 no huge moves.

[alh]

Very early in the week but here is bitwisdom:

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    54,370,133,238 (+0.21%)
Adjust time:    After 2004 Blocks, About 14.1 days
Hashrate(?):    408,339,410 GH/s

And price is still around 230 no huge moves.

The above is what I think is from a "frozen" bitcoinwisdom. I've been seeing that for almost a day now, so it's really a meaningless number. It's also way too early to matter, but just thought I'd mention it.

[notlist3d]

Very early in the week but here is bitwisdom:

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    54,370,133,238 (+0.21%)
Adjust time:    After 2004 Blocks, About 14.1 days
Hashrate(?):    408,339,410 GH/s

And price is still around 230 no huge moves.

The above is what I think is from a "frozen" bitcoinwisdom. I've been seeing that for almost a day now, so it's really a meaningless number. It's also way too early to matter, but just thought I'd mention it.

Mine showed a negative a day ago.  I'm was not aware it was stuck on this.  Hopefully it changes soon then as I enjoy watching it.

[VirosaGITS]

Ah indeed. I just noticed now it indeed stuck just after the diff increase. O.o;

Thats weird i been using this forever and i never noticed any bugs. I wonder what causes it.

[notlist3d]

Ah indeed. I just noticed now it indeed stuck just after the diff increase. O.o;

Thats weird i been using this forever and i never noticed any bugs. I wonder what causes it.

Not sure what causes it but I have seen it happen before a while back.   I think it was in the day's that it took for it to work again.

Not sure if it will take day's again.  Hopefully not but we will see.

[mavericklm]

http://nextdifficulty.com/
Conservative: 2.1% 2.7% Continous: 4.3 %

goodbye negative

[philipma1957]

this site is up

http://www.bitcoincharts.com/

Blocks   371161
Total BTC   14.529M
 
Difficulty   54256630328
Estimated   54285518943 in 1799 blks
 
Network total   359312.331 Thash/s
Blocks/hour   5.55 / 649 s


picks will open in 83 blocks.

in the year we have done this  (hard to believe these threads have been running for a year)  bitcoinwisdom  went down 1 diff adjustment period for 8 or 9 days.

For now  this site keeps track

the convert to percent       EST/diff    or 54285518942/54256630328 =   1.000532 - 1 =   0.000532  x 100 =   (+0.0532%)


Intuitively  (+0.0532%)    makes sense    since the estimate of 54285518943  is only a tiny bit more then 54256630328.