adaseb
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Activity: 3752
Merit: 1710
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November 23, 2015, 09:28:33 PM |
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Yes it will be.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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adaseb
Legendary
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Activity: 3752
Merit: 1710
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November 23, 2015, 09:33:36 PM |
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Dont want to edit my previous post because it would make it invalid but we are currently at +12% for the day so since it was around +20% or so for the previous few days, it will most likely stay at +12% or higher for the next few hours until the adjustment so its definately going to be over +10.
FREE MONEY!
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suchmoon
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Activity: 3654
Merit: 8922
https://bpip.org
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November 23, 2015, 09:33:55 PM |
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Five "Yes" votes
Three "No" votes
One vote reserved for Phil
1 last spot remaining.
Is the upcoming difficulty adjustment going to be in double digits? (i.e. +10.00% or more)
Post Yes or No below.
Feel free to post the actual percentage you're guessing too and/or any reasoning why you think that way.
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Quickseller
Copper Member
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Activity: 2870
Merit: 2300
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November 23, 2015, 09:50:54 PM |
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I vote yes.
Edit: with 31 blocks to go bitcoinwisdom is estimating a 10.68% increase in difficulty however the last 500 and 1,000 blocks have been found at a more quick pace verses the preceding blocks which implies that additional mining capacity has been added to the network since the start of the difficulty period (ignoring luck) which means that blocks should be found at a more quick pace now then they were at the beginning of the difficulty period.
If I had to guess I would say the difficulty will increase somewhere in the 10.65 to 11% range and if I had to guess a specific value then I would say 10.7%. With so few blocks to go, there is very little in either direction that the difficulty can go barring a highly unlikely event.
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suchmoon
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Activity: 3654
Merit: 8922
https://bpip.org
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November 23, 2015, 10:00:21 PM |
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Six "Yes" votes Three "No" votes One vote reserved for Phil The quiz is closed now. Phil please post your opinion by block 2006. You have an unfair advantage obviously  Thank you all for participating. I'm hoping for a much closer contest than it currently looks like - edging towards 11% again. Bitcoin Difficulty: 65,848,255,180 Estimated Next Difficulty: 72,869,681,621 (+10.66%) Adjust time: After 29 Blocks, About 4.4 hours |
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philipma1957 (OP)
Legendary
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Activity: 4116
Merit: 7862
'The right to privacy matters'
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November 23, 2015, 10:16:21 PM |
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Six "Yes" votes Three "No" votes One vote reserved for Phil The quiz is closed now. Phil please post your opinion by block 2006. You have an unfair advantage obviously Thank you all for participating. I'm hoping for a much closer contest than it currently looks like - edging towards 11% again. Bitcoin Difficulty: 65,848,255,180 Estimated Next Difficulty: 72,869,681,621 (+10.66%) Adjust time: After 29 Blocks, About 4.4 hours yes I am picking 11.11 got busy with the 2 avalon 6s well seeing I can run 2 s-7's and avalon 6s I see a big one right after this one at least a 6+ my thinking is anyone in a cold spot is buying the gear that they are selling. and both companies are selling like mad. so this 72 bill will soon be 80 bill |
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suchmoon
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https://bpip.org
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November 23, 2015, 10:19:39 PM |
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Of course  We have 7:3 bets on the difficulty adjustment being 10% or more. We'll see how it turns out in about 4 hours from now. |
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suchmoon
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Activity: 3654
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https://bpip.org
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November 24, 2015, 12:26:08 AM |
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13 blocks (~2 hours) to go and we're down slightly.
Bitcoin Difficulty: 65,848,255,180
Estimated Next Difficulty: 72,730,764,036 (+10.45%)
Adjust time: After 13 Blocks, About 2.0 hours
Edit: to put this into perspective - the last 10+ change was November 5, 2014...
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VirosaGITS
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Activity: 1302
Merit: 1068
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November 24, 2015, 12:48:31 AM |
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13 blocks (~2 hours) to go and we're down slightly.
Bitcoin Difficulty: 65,848,255,180
Estimated Next Difficulty: 72,730,764,036 (+10.45%)
Adjust time: After 13 Blocks, About 2.0 hours
Edit: to put this into perspective - the last 10+ change was November 5, 2014...
Well, November is when the winter cold come, so i'm hoping we can chalk this up as the annual Diff raise that come with the cold coming and many switching to smart ASIC heating for the winter. Considering the BTC raise we got and that seem to be holding, its not surprising the difficulty went up in the first place. Hopefully it settles... now. |
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notlist3d
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Activity: 1456
Merit: 1000
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November 24, 2015, 12:51:15 AM |
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13 blocks (~2 hours) to go and we're down slightly.
Bitcoin Difficulty: 65,848,255,180
Estimated Next Difficulty: 72,730,764,036 (+10.45%)
Adjust time: After 13 Blocks, About 2.0 hours
Edit: to put this into perspective - the last 10+ change was November 5, 2014...
Well, November is when the winter cold come, so i'm hoping we can chalk this up as the annual Diff raise that come with the cold coming and many switching to smart ASIC heating for the winter. Considering the BTC raise we got and that seem to be holding, its not surprising the difficulty went up in the first place. Hopefully it settles... now. It's going to hurt on this difficulty. I did not think I would see a over 10 difficulty again.... just so much hash out there. But it looks like its going to be over 10. Wow is all I can say. And hope next week is less... i like 5 or under. |
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adaseb
Legendary
Online
Activity: 3752
Merit: 1710
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November 24, 2015, 01:15:14 AM |
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13 blocks (~2 hours) to go and we're down slightly.
Bitcoin Difficulty: 65,848,255,180
Estimated Next Difficulty: 72,730,764,036 (+10.45%)
Adjust time: After 13 Blocks, About 2.0 hours
Edit: to put this into perspective - the last 10+ change was November 5, 2014...
Well, November is when the winter cold come, so i'm hoping we can chalk this up as the annual Diff raise that come with the cold coming and many switching to smart ASIC heating for the winter. Considering the BTC raise we got and that seem to be holding, its not surprising the difficulty went up in the first place. Hopefully it settles... now. It's going to hurt on this difficulty. I did not think I would see a over 10 difficulty again.... just so much hash out there. But it looks like its going to be over 10. Wow is all I can say. And hope next week is less... i like 5 or under. Yes its going to hurt currently we make 0.00733197 BTC / Thash/s On F2Pool which is very little to begin with. |
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UfoRia
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November 24, 2015, 02:07:00 AM |
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Bitcoin Difficulty: 65,848,255,180
Estimated Next Difficulty: 72,633,383,533 (+10.30%)
Adjust time: After 3 Blocks, About 27.3 minutes
Hashrate(?): 553,905,670 GH/s
Block Generation Time(?):
1 block: 9.1 minutes
3 blocks: 27.3 minutes
6 blocks: 54.6 minutes
Updated: 20:5 (1.6 minutes ago)
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If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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adaseb
Legendary
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Activity: 3752
Merit: 1710
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November 24, 2015, 02:27:31 AM |
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THIS IS IT!
[2015-11-24 02:26:52] Network difficulty changed to 72.7G (520.6Ph/s)
[2015-11-24 02:26:52] Stratum from pool 0 detected new block
F2Pool went from 0.00733197 BTC / Thash/s to 0.00663888 BTC / Thash/s
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talks_cheep
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Activity: 1036
Merit: 1000
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November 24, 2015, 02:32:45 AM |
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We still have 1 more block to go, less than 9.1 minute.
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UfoRia
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November 24, 2015, 02:35:21 AM |
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Bitcoin Difficulty: 72,722,780,643
Estimated Next Difficulty: 79,170,440,232 (+8.87%)
Adjust time: After 2016 Blocks, About 14.1 days
Hashrate(?): 554,005,337 GH/s
Block Generation Time(?):
1 block: 10.1 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
Updated: 20:35 (10.0 seconds ago)
BitFury just taped out their 16nm chips, so their new mine should start gearing up soon. meh!
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If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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suchmoon
Legendary
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Activity: 3654
Merit: 8922
https://bpip.org
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November 24, 2015, 02:39:48 AM |
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The official number is +10.44%
Nobody wins the main prize.
There are 7 winners for the double-digit quick quiz.
Each gets 0.00714286 BTC - please everybody who said "Yes" send me your BTC address.
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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November 24, 2015, 02:47:31 AM |
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Bitcoin Difficulty: 72,722,780,643
Estimated Next Difficulty: 79,170,440,232 (+8.87%)
Adjust time: After 2016 Blocks, About 14.1 days
Hashrate(?): 554,005,337 GH/s
Block Generation Time(?):
1 block: 10.1 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
Updated: 20:35 (10.0 seconds ago)
BitFury just taped out their 16nm chips, so their new mine should start gearing up soon. meh!
If they have that new chip perfected that scares me personally. If as reported it's like 1/3 or less then current gen efficiency... so massive jump. If I was them with the magic chip I would be pumping out very fast and changing out all old hardware. This scares me that it likely is not 1 week of high difficulty change. |
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philipma1957 (OP)
Legendary
Online
Activity: 4116
Merit: 7862
'The right to privacy matters'
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November 24, 2015, 02:59:43 AM |
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@ notlist3d do you feel like running it this adjustment?
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UfoRia
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November 24, 2015, 03:03:14 AM |
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that new chip perfected that scares me personally. If as reported it's like 1/3 or less then current gen efficiency... so massive jump.
If I was them with the magic chip I would be pumping out very fast and changing out all old hardware. This scares me that it likely is not 1 week of high difficulty change.
It all will depend on their QA\QC, so when that is announced and they start filling their data center. Bad things will be happening if we keep this trend up through the winter. With day trading I am only 112 days at current price/difficulty on my roi for my nine s7's. I am really wanting to mine until the halving, but if the next couple of jumps are close to ten I think I will just sell my miners and leave most of the coins in cold storage and go back to trading with 10-30% of my coins on the swings. I am kicking myself in the ass for not dumping a large portion of my coins before the difficulty increase and my expected drop in price since the pump will likely be nice.... sigh. Ufo |
If I have been a help, my BTC donation address -> 1GUEqAzbMvwkY7hbb6bauhY6AkVoCSXDkp
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notlist3d
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Activity: 1456
Merit: 1000
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November 24, 2015, 03:12:55 AM |
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@ notlist3d do you feel like running it this adjustment?
Sure! I will get one going for this adjustment and watch over it. |
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