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

[philipma1957]

http://btc.blockr.io/charts

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58

we have made 1358 blocks  'norm' = 1300

I get close to +4.46%

https://bitcoinwisdom.com/bitcoin/difficulty (+5.16%)

658 to go.  We may have a carry over.

[notlist3d]

Seems to be going up more and more on bitwisdom:
Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    57,331,233,776 (+5.67%)
Adjust time:    After 592 Blocks, About 3.9 days
Hashrate(?):    431,866,345 GH/s

If we hit a 6 that will be biggest in quite a while.   We can hope price comes later following it.  But I was hoping for another 2 percent week.

[Mikestang]

Me too, but I think that fall is approaching and miners are coming back online.  And the S7 announcement gets everyone excited.  Time to get as much ROI out of those miners as they can before they get replaced with the next gen stuff.

[VirosaGITS]

Me too, but I think that fall is approaching and miners are coming back online.  And the S7 announcement gets everyone excited.  Time to get as much ROI out of those miners as they can before they get replaced with the next gen stuff.

And it wouldnt be surprised if Bitmain kept a portion of those S7 for their own purpose and is onlining them, replacing older stuff. I just think its a bit early for so many summer miner to be coming back.

Then again there's other private companies who might have finished production of a private batch. Meh.

+6% is pretty nasty.

[alh]

Me too, but I think that fall is approaching and miners are coming back online.  And the S7 announcement gets everyone excited.  Time to get as much ROI out of those miners as they can before they get replaced with the next gen stuff.

And it wouldnt be surprised if Bitmain kept a portion of those S7 for their own purpose and is onlining them, replacing older stuff. I just think its a bit early for so many summer miner to be coming back.

Then again there's other private companies who might have finished production of a private batch. Meh.

+6% is pretty nasty.

I am quite confident that Bitmain has already replaced a bunch of S5 hardware with S7 hardware. They sold a bunch on used S5's over the summer, and I'll bet they replaced them with S5+ and S7 hardware. I think the S7 design is well checked out at this time.

[notlist3d]

Me too, but I think that fall is approaching and miners are coming back online.  And the S7 announcement gets everyone excited.  Time to get as much ROI out of those miners as they can before they get replaced with the next gen stuff.

And it wouldnt be surprised if Bitmain kept a portion of those S7 for their own purpose and is onlining them, replacing older stuff. I just think its a bit early for so many summer miner to be coming back.

Then again there's other private companies who might have finished production of a private batch. Meh.

+6% is pretty nasty.

I am quite confident that Bitmain has already replaced a bunch of S5 hardware with S7 hardware. They sold a bunch on used S5's over the summer, and I'll bet they replaced them with S5+ and S7 hardware. I think the S7 design is well checked out at this time.

The S5+ went to public after we asked for it.  I have no doubt the S5 used batches are (if not already) replaced with S5+ or S7's.   You will see S7 controller looks like it can control 3 modules just like S5+.   So very easy for a data center.

But we knew this it's smart business on their part so can't really fault them for that.  It appears bigger more powerful miners is the new thing.

[philipma1957]

http://btc.blockr.io/charts

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58
8-  31 - 2015    157     +13           +71

we have made 1516  blocks  'norm' = 1445

I get close to +4.91%

https://bitcoinwisdom.com/bitcoin/difficulty (+4.83%)  close to my current number

500 to go.  We may have a carry over.

Our max pick ends at 4.50%

[notlist3d]

http://btc.blockr.io/charts

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58
8-  31 - 2015    157     +13           +71

we have made 1516  blocks  'norm' = 1445

I get close to +4.91%

https://bitcoinwisdom.com/bitcoin/difficulty (+4.83%)  close to my current number

500 to go.  We may have a carry over.

Our max pick ends at 4.50%

That will be first in a long time that no one guessed max.  I cant decide if we were all to hopefull, or if machines are starting to kick on.

I fear that if new machines are kicking on this week will not be alone with a new little higher difficulty change.  We could be looking at 5's instead of 2's which will suck if btc remains same price.

[mavericklm]

i think is the s7!
slush got a new Xph lately....

[philipma1957]

We may have 2 big jumps this one and the next or the one after that. Then we level off.

All the big guys will had filled their mines.  And lots of old gear will turn off.

the diff is going to be close to 57  next jump


I see 60 getting past and then like 50 was really tough to pass I think 70 will be hard to pass.

As always past history means nothing when picking the future.


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  and 20 weeks 50 is passed
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   At this point 50 looks to be passed with ease




Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s more sp20 s-5 price wars
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  BTC price drop

Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s sp20 + s-5 price war

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  sp20 + s-5  put into builders farms


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   end of summer jumps
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  mid summer flat
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

[philipma1957]

http://btc.blockr.io/charts

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58
8-  31 - 2015    157     +13           +71
9-    1 - 2015    154     +10           +81


we have made 1668  blocks  'norm' = 1587
I get close to +5.10%

https://bitcoinwisdom.com/bitcoin/difficulty (+5.71%)  close to my current number

[notlist3d]

http://btc.blockr.io/charts

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58
8-  31 - 2015    157     +13           +71
9-    1 - 2015    154     +10           +81


we have made 1668  blocks  'norm' = 1587
I get close to +5.10%

https://bitcoinwisdom.com/bitcoin/difficulty (+5.71%)  close to my current number

I still wonder if we will get close to 6 by the end of this.  If a few extra gear is made I think it is possible.

With my mining setup I have been able to get rid of my S4's, C1.  Now I just need to sell a Dragon 1.5T and I am pretty much up to current gen and uderclocked which I hope to run through winter and if extremly lucky some of next summer.  Next summer is going to be a stretch on some of them but I can hope.

[alh]

The push is on for a 6% increase......

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    57,429,398,822 (+5.85%)
Adjust time:    After 316 Blocks, About 2.1 days
Hashrate(?):    420,689,840 GH/s
Block Generation Time(?):    
1 block: 9.3 minutes
3 blocks: 28.1 minutes
6 blocks: 56.1 minutes
   
Updated:    2:25 (7.0 minutes ago)

BTC Price: $224

[notlist3d]

The push is on for a 6% increase......

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    57,429,398,822 (+5.85%)
Adjust time:    After 316 Blocks, About 2.1 days
Hashrate(?):    420,689,840 GH/s
Block Generation Time(?):    
1 block: 9.3 minutes
3 blocks: 28.1 minutes
6 blocks: 56.1 minutes
   
Updated:    2:25 (7.0 minutes ago)

BTC Price: $224

It's going to be very close to 6 I think at this point.   So double or so around my original guess.

If we get another 6 or so next week I will feel almost safe gear is being put out, as I think it will be done internally first with bitmain.  Or I am all wrong and winter miners are plugging in some more. 

[wlefever]

Maybe we trickle down under for the last day, or so to get under 5%.  I guess another 5+% move should be expected once the S7's go live, but then it should flatten out for a few adjustments.

Cheers to guessing, lol.

[suchmoon]

The push is on for a 6% increase......

Oh come on!!! Everyone please just turn your miners off and go outside or smth. Don't worry, I'll be keeping the network secure

[HerbPean]

Yeah this one gonna hurts ! Been a long time ;-)

[notlist3d]

The push is on for a 6% increase......

Oh come on!!! Everyone please just turn your miners off and go outside or smth. Don't worry, I'll be keeping the network secure

That is so nice of you .   You should write some of the major companies and tell them about this offer!

I just am ready to skip a week and see the next one.  I want to know if we go back down to 2ish or if 5ish is here to stay.

[notlist3d]

Bitwsidom:

Bitcoin Difficulty:    54,256,630,328
Estimated Next Difficulty:    57,407,950,528 (+5.81%)
Adjust time:    After 201 Blocks, About 1.3 days
Hashrate(?):    423,645,883 GH/s

So were approaching the end of period looking like for sure high 5's.  Not sure if 6 but will be close.

Price is currently 228.  So still hanging around the same amount pretty close.

[philipma1957]

8 - 22 - 2015    162     +18
8-  23 - 2015    138     -   6         so + 12 blocks    for sat and sun  
8-  24 - 2015    156     + 12         + 24 blocks for  3 days  
8-  25 - 2015    133     -  11          + 13 blocks for 4 days.
8-  26 - 2015    160     + 16          +29  
8-  27 - 2015    135      - 9            +20
8-  28 - 2015    156     +12           +32
8-  29 - 2015    163     +19           +51
8-  30 - 2015    151     +7             +58
8-  31 - 2015    157     +13           +71
9-    1 - 2015    154     +10           +81
9-    2 - 2015    154     +10           +91

we have made 1815  blocks  'norm' = 1724

I get close to +5.22%

https://bitcoinwisdom.com/bitcoin/difficulty (+5.81%)  close to my current number


looks like 5+ is in the cards.  Looks really hard to drop to 4.50%  so I think we are getting the carry over