Bitcoin Forum
November 05, 2024, 07:19:01 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: See you tomorrow with new Difficulty level  (Read 1498 times)
AngelusWebDesign (OP)
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
June 06, 2011, 05:28:07 AM
 #1

It won't be fun seeing less Bitcoins come in per day -- but the USD/Bitcoin price has already begun to react. It's at 19 at the moment.
kr105
Hero Member
*****
Offline Offline

Activity: 938
Merit: 501


View Profile
June 06, 2011, 05:38:34 AM
 #2

I learned that wait 20 days for the hardware isn't a big deal, even if my local prices are 40% higher. Next time i will purchase locally and start mining same day.

But with the new difficulty in mind, i expect that i'll get my investement back in one month or so, so not a big loss.
metallicaband
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 06, 2011, 05:46:08 AM
 #3

Will the difficulty level get harder for sure by tomorrow? If so, how can you calculate when will the difficulty will change and how much will the new difficulty will be?

I'm still new to this so please bear with me.
zale
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
June 06, 2011, 05:48:42 AM
 #4

Will the difficulty level get harder for sure by tomorrow? If so, how can you calculate when will the difficulty will change and how much will the new difficulty will be?

I'm still new to this so please bear with me.
Yes. In about 9-10 hours and it will change to 570000-580000 (blockexplorer estimate constantly increases atm).
So about 30% increase
gigabytecoin
Sr. Member
****
Offline Offline

Activity: 280
Merit: 252


View Profile
June 06, 2011, 05:50:30 AM
 #5

You guys need to stop worrying about the difficulty lest you go crazy!!!
supa
Copper Member
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 06, 2011, 05:55:35 AM
 #6

You guys need to stop worrying about the difficulty lest you go crazy!!!

.... too late for many. Smiley
jme621
Sr. Member
****
Offline Offline

Activity: 360
Merit: 250


View Profile
June 06, 2011, 06:06:02 AM
 #7

Will the difficulty level get harder for sure by tomorrow? If so, how can you calculate when will the difficulty will change and how much will the new difficulty will be?

I'm still new to this so please bear with me.

up at top, give estimated diff, how many blocks until it changes and also how many blocks per hour so you can sorda get rough idea

http://bitcoincharts.com/markets/

Estimated   560419 in 74 blks
Blocks/hour   12.59

74/12.59= roughly 6 hours till increase
metallicaband
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 06, 2011, 06:25:25 AM
 #8

Will the difficulty level get harder for sure by tomorrow? If so, how can you calculate when will the difficulty will change and how much will the new difficulty will be?

I'm still new to this so please bear with me.

up at top, give estimated diff, how many blocks until it changes and also how many blocks per hour so you can sorda get rough idea

http://bitcoincharts.com/markets/

Estimated   560419 in 74 blks
Blocks/hour   12.59

74/12.59= roughly 6 hours till increase

Thanks a lot that's exactly what I wanted to understand =).
fasti
Member
**
Offline Offline

Activity: 92
Merit: 10


View Profile
June 06, 2011, 06:45:22 AM
 #9

~Million next : )

1QCcAR3e3wdxr7CcJ8ND1NmWuvLttCJScH
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!