Diff thread oct 29th to Nov 12th picks are closed!! With a bonus reward.

[adaseb]

My S1 and S3 are still turned off.  Electricity is so expensive here in so. Cal. that it is almost impossible to mine at a profit.  When it gets cold I'll turn them back on for heat and because I really enjoy mining, but for now it still isn't cost effective for me to run anything except my little usb "farm".

Why don't you just sell them here or on eBay?

[alh]

While I know this thread is for difficulty changes, and picks remain closed, I just have to comment:

BTCquote price presently shows $326!!!

This is stunning in my opinion. Clearly over the last 60 days, BTC price increases have outpaced difficulty increases. This is a huge surprise compared to the previous year.

I have to think this will lure some latent mining hardware to restart as they might now turn a running profit, even if not really ROI more.

[adaseb]

While I know this thread is for difficulty changes, and picks remain closed, I just have to comment:

BTCquote price presently shows $326!!!

This is stunning in my opinion. Clearly over the last 60 days, BTC price increases have outpaced difficulty increases. This is a huge surprise compared to the previous year.

I have to think this will lure some latent mining hardware to restart as they might now turn a running profit, even if not really ROI more.

Yes mining is the most profitable now then anytime in the past 11 months,.

[notlist3d]

While I know this thread is for difficulty changes, and picks remain closed, I just have to comment:

BTCquote price presently shows $326!!!

This is stunning in my opinion. Clearly over the last 60 days, BTC price increases have outpaced difficulty increases. This is a huge surprise compared to the previous year.

I have to think this will lure some latent mining hardware to restart as they might now turn a running profit, even if not really ROI more.

Yes mining is the most profitable now then anytime in the past 11 months,.

There is a even bigger effect though.  Since people mined during that time all that they held from mining now went up in value.  So it not only helps furture earnings on mining, but past earnings get bigger if minner did not sell coins.

So it's a win/win.  For all the hard it is to be a miner now day's this is a breath of fresh air.

[freedomno1]

While I know this thread is for difficulty changes, and picks remain closed, I just have to comment:

BTCquote price presently shows $326!!!

This is stunning in my opinion. Clearly over the last 60 days, BTC price increases have outpaced difficulty increases. This is a huge surprise compared to the previous year.

I have to think this will lure some latent mining hardware to restart as they might now turn a running profit, even if not really ROI more.

Yes mining is the most profitable now then anytime in the past 11 months,.

Without a doubt their is a some historically interesting context here, one is that the last mining rush left a lot of home-miners burned out from the constant difficulty increases and less valued units. Some moved to cloudmining and were burned as well leading towards less variation in my opinion.

This increase in difficulty will in contrast have fewer independent miners and more consolidated groups raking in the profit and it might be some time till the home-users pick up on this wave again.

In other words it's now paying off to have slogged through for the dedicated miner .

[Mikestang]

My S1 and S3 are still turned off.  Electricity is so expensive here in so. Cal. that it is almost impossible to mine at a profit.  When it gets cold I'll turn them back on for heat and because I really enjoy mining, but for now it still isn't cost effective for me to run anything except my little usb "farm".

Why don't you just sell them here or on eBay?

Why would I want to do that?  I enjoy mining from a technical and tinkering perspective and I still believe that the S3 is the best machine on the market for the average Joe.

My S1 boards are going to gekkoscience in support of the pod miner they are developing, and I'm saving that chassis and controller for when they develop and release full boards.

My S3 will get used all winter again as a solo mining lottery ticket.

The $100 or so I would get for both of them wouldn't be worth it to get rid of them, there's nothing out there better suited for a miner like me.

[philipma1957]

We made 255 blocks so far. So picks will start in 5 to 8 hours


https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   64,963,362,019 (+4.35%)
Adjust time:   After 1761 Blocks, About 11.8 days
Hashrate(?):   457,396,431 GH/s
Block Generation Time(?):   
1 block: 9.7 minutes
3 blocks: 28.9 minutes
6 blocks: 57.9 minutes
Updated:   14:35 (2.5 minutes ago)

coinbase is at 330

and I have sold 1 more coin 

[Biodom]

I have sold 1 more coin  

and look at that pacmic 3, already 95% in, should be done by midmonth at the latest (3-4 weeks earlier than I expected).
if all goes accordingly, it was pretty sweet if someone instabought btc on coinbase for $$, then bought pacmic3 at 0.66

[philipma1957]

I have sold 1 more coin  

and look at that pacmic 3, already 95% in, should be done by midmonth at the latest (3-4 weeks earlier than I expected).
if all goes accordingly, it was pretty sweet if someone instabought btc on coinbase for $$, then bought pacmic3 at 0.66

yeah 9.99 btc gets back  about 10.35 btc but  I paid 220 to 250 for the 9.99   say 2350 usd


I sold 5 coins for 1530

 leaving me 5.35 btc at a cost of 800

if I cash the 5.35 at 330 that = 1765.50   which is a 965 profit


Back to thread


 https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   65,412,188,823 (+5.07%)
Adjust time:   After 1738 Blocks, About 11.5 days
Hashrate(?):   465,646,917 GH/s
Block Generation Time(?):   
1 block: 9.6 minutes
3 blocks: 28.6 minutes
6 blocks: 57.3 minutes
Updated:   17:15 (3.0 minutes ago)


picks start in 22 blocks about  2-4  hours.

[Zz]

I'm waiting picks to open again. How many blocks left?

[freedomno1]

I'm waiting picks to open again. How many blocks left?

Picks open after 300 Blocks 2016 blocks - 300 is 1716
We are at 1729 so in about three hours


Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   65,404,170,260 (+5.06%)
Adjust time:   After 1729 Blocks, About 11.5 days

[ingiltere]

I was very close last round. I hope this time I can find the right range. Waiting picks to open.

The price is getting solid again and looking at the Press Section of the forum covers on the economist launches of Bitcoin exchanges and the overall market sentiment leans toward a bullish market and in turn a higher mining difficulty.
The picks and the settlement this round will be fun to watch.

Yeah, I feel like this round will be harder to guess. One thing for sure is we'll see bigger rise in difficulty.

[Zz]

It's time to open picks! Adjust time: After 1716 Blocks

My pick is +2.26 - 2.50

[isvicre]

New devices will come, old stopped devices will run again.

Next difficulty will be between +1.76 and +2.00.

[cakir]

I choose: +2.01 to +2.25

[The Young Turk]

+2.51 to +2.75 please.
(I've learned the thread when a Turkish user won the prize, Lboss )

[kripto para]

+2.51 to +2.75 please.
(I've learned the thread when a Turkish user won the prize, Lboss )

My choice: +3.51 to +3.75
Actually @cakir won it once too.

[DanDan]

+2.76 to +3.00

I'm not an expert like most of you are, I'm just guessing a difficulty rise.

[smiletyson]

+5.01 to +5.25

[cakir]

+2.51 to +2.75 please.
(I've learned the thread when a Turkish user won the prize, Lboss )

My choice: +3.51 to +3.75
Actually @cakir won it once too.

That's right, I've won it once then Lboss won it. Now Turkish users are all over here