Diff thread Nov 23 to Dec 7 Set up stage- Picks CLOSED!

[ezeminer]

+7.7   = ezeminer

[Lituation]

+9.3 = Lituation

It's quite possible to see less than 10 percent but still high numbers in difficulty. Bitcoin price is rising to over 370 dollars right now, that would be a game changer.

[notlist3d]

+9.3 = Lituation

It's quite possible to see less than 10 percent but still high numbers in difficulty. Bitcoin price is rising to over 370 dollars right now, that would be a game changer.

Both of the above have been added to chart of picks on previous page.

But you are right coinbase has us just a tad over 370 which is a decent jump.  With difficulty going up like this I was hoping to see this happen but it's not a sure thing.  My biggest hope is within the next few weeks we break the 400 barrier.   I really would like to see it go above there again.

[philipma1957]

I am waiting until block  1111 is made to pick.

we are at block 900 made.



https://bitcoinwisdom.com/bitcoin/difficulty  >>>>>>>>(+9.22%)<<<< so far I read this as too high.
Bitcoin Difficulty:   72,722,780,643
Estimated Next Difficulty:   79,424,858,398 (+9.22%)
Adjust time:   After 1116 Blocks, About 7.4 days
Hashrate(?):   542,000,841 GH/s
Block Generation Time(?):   
1 block: 9.5 minutes
3 blocks: 28.6 minutes
6 blocks: 57.1 minutes


But the swings in hashrate are nutty.

how is this for a speculation.

I am a big Chinese asic builder.


I have a s-3 ghost mine 10ph in size
I have a s-5 ghost mine 20ph in size

I am like the Hunt brothers back in the 1970's and I making a play on BTC rather then silver (Hunt brothers in 1978 IIRC)   

If I drive the price up to 350 by buying coins in some exchanges.

Turning my ghost mines on makes more sense at 350 plus.

then when diff is getting too high turn them off.

So I would be moving BTC price up along with diff as a seesaw. up and down.

I know it sounds like a tinfoil hat conspiracy but you never know.

Based on my idea tomorrow blocks will jump up like a mofo.

[VirosaGITS]

This time i'll go with;

+7.7 = VirosaGITS

I am pretty sure the Diff will go under what its estimated at right now, but i don't know by how much, seeing how well the BTC price is doing.

[ezeminer]

+7.7   = ezeminer

This time i'll go with;

+7.7 = VirosaGITS

I am pretty sure the Diff will go under what its estimated at right now, but i don't know by how much, seeing how well the BTC price is doing.

Just Saying 

[notlist3d]

+7.7   = ezeminer

This time i'll go with;

+7.7 = VirosaGITS

I am pretty sure the Diff will go under what its estimated at right now, but i don't know by how much, seeing how well the BTC price is doing.

Just Saying  

Thanks for spotting already!  VirosaGITS please let us know what you second pick is as it was already taken.

Below is current as of posting:
+6     = Last of the V8s (member registered March 15)
+6.6   = Tmdz (Jr Member - registered October 21)
+7.7   = ezeminer
+7.8   = VirosaGITS
+8.3   = The Young Turk
+8.5   = valkir
+8.6   = Herbpean
+8.8   = tss
+9.2   = edonkey
+9.3   = Lituation
+9.4   = UfoRia (member registered September 22)
+9.8   = vortexz
+10.0  = Tupsu
+10.1  = zebedee
+10.4  = adaseb
+11    = mavericklm
+11.2 = dukeneptun
+12.3  = EternalWingsofGod
+10.2  = cakir
+10.6  = DanDan
+10.8  = ingiltere
+11    = Quickseller
+11.4  = artibg (member resistered December 03, 2013)

[VirosaGITS]

+7.7   = ezeminer

This time i'll go with;

+7.7 = VirosaGITS

I am pretty sure the Diff will go under what its estimated at right now, but i don't know by how much, seeing how well the BTC price is doing.

Just Saying  

Thanks for spotting already!  VirosaGITS please let us know what you second pick is as it was already taken.

Below is current as of posting:
+6     = Last of the V8s (member registered March 15)
+6.6   = Tmdz (Jr Member - registered October 21)
+7.7   = ezeminer
+8.3   = The Young Turk
+8.5   = valkir
+8.6   = Herbpean
+8.8   = tss
+9.2   = edonkey
+9.3   = Lituation
+9.4   = UfoRia (member registered September 22)
+9.8   = vortexz
+10.0  = Tupsu
+10.1  = zebedee
+10.4  = adaseb
+11    = mavericklm
+12.3  = EternalWingsofGod
+10.2  = cakir
+10.6  = DanDan
+10.8  = ingiltere
+11    = Quickseller
+11.4  = artibg (member resistered December 03, 2013)

Woops, i copy pasted ezminer's line and intended to change the name AND the number. I got distracted and forgot to change the number by .1. Attention deficit for the win? xD

+7.8   = VirosaGITS

If you please.

[notlist3d]

Woops, i copy pasted ezminer's line and intended to change the name AND the number. I got distracted and forgot to change the number by .1. Attention deficit for the win? xD

+7.8   = VirosaGITS

If you please.

No problem at all.  You have been added to list with picked number.

It is about 2 posts above. 

[philipma1957]

http://btc.blockr.io/charts


http://btc.blockr.io/charts

10-28 --112    
10-29 --153
10-30 --167    
10-31 --149    
11-1  -- 150    
11-2  -- 158      
11-3 --  153    
11-4  -- 157    
11-5  -- 146    
11-6  -- 142    
11-7  -- 153    
11-8  -- 143    
11-9  -- 148    
11-10 --145


11-11 --169
11-12 --158
11-13 --161
11-14 -- 146
11-15 --156
11-16-- 175
11-17-- 146
11-18-- 156
11-19-- 131
11-20-- 169
11-21-- 178
11-22-- 170

The ones below are for this adjustment

11-23-- 162
11-24-- 154
11-25-- 152
11-26-- 174

11-27 --128

11-28-- 159

11-29--147

big swing days have become very common  over the last two months.


last adjustment after 7 days =  1111 blocks made
this adjustment after 7 days =  1076 blocks made

[adaseb]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

[philipma1957]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

[adaseb]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

Looking at https://mining.bitcoin.cz/accounts/profile/rewards/?page=1


If you jump in after 9 hours or so, in the past the day ended up being negative anyways. Seems lately doing this leads to bad luck.

[notlist3d]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

I think it's likely someone who thinks they know what they are doing but has no idea.   I am willing to be he has a spreadsheet or something where he added up and thinks profit... but eventually he will realize hes losing unless he's is a nut like you mentioned and does not monitor BTC.

Not to often do you see people send hash there on rentals.   I had not been monitoring nicehash looks like up at  7% , was under for the longest time.  Is nicehash starting to stay above 100 percent again?

[philipma1957]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

I think it's likely someone who thinks they know what they are doing but has no idea.   I am willing to be he has a spreadsheet or something where he added up and thinks profit... but eventually he will realize hes losing unless he's is a nut like you mentioned and does not monitor BTC.

Not to often do you see people send hash there on rentals.   I had not been monitoring nicehash looks like up at  7% , was under for the longest time.  Is nicehash starting to stay above 100 percent again?

No Just for the last few hours.

I am pretty sure there is no good reason to over pay as much as he is paying.  But I would love to know if he has an angle.  1000 x 0.0010 = 1 btc so he is over paying by 8btc if he rent 8ph for a day.

[notlist3d]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

I think it's likely someone who thinks they know what they are doing but has no idea.   I am willing to be he has a spreadsheet or something where he added up and thinks profit... but eventually he will realize hes losing unless he's is a nut like you mentioned and does not monitor BTC.

Not to often do you see people send hash there on rentals.   I had not been monitoring nicehash looks like up at  7% , was under for the longest time.  Is nicehash starting to stay above 100 percent again?

No Just for the last few hours.

I am pretty sure there is no good reason to over pay as much as he is paying.  But I would love to know if he has an angle.  1000 x 0.0010 = 1 btc so he is over paying by 8btc if he rent 8ph for a day.

These are 100 percent speculation and out there, I'm not making a accusation.  Just here are two things I can think of.

1) Push up the price on nicehash.  Either nicehash wanting to do it themself (which I don't see them), or a big miner hoping to push it back over 100 as normal.  I could not figure out why people mined there for less then 100 percent.   But I guess I remember day's where it has some crazy payments.

2) The pool want's to look bigger to attract more people.  Some pools seems to get less and less hash overtime and they lose profit.  I dont see this happening either... but it could.

Those are my two tinfoil hat speculations.

[RichBC]

I noticed some dude rented a bunch of hash and pointed it to slush

https://www.nicehash.com/index.jsp?p=orders&a=1

https://mining.bitcoin.cz/stats/


The pool hash increased by 10ph/s however doesn't he need to mine for at least 3 hours to get the PPLNS to work properly and get the full reward if the next few blocks are solved > 100% ?

this guy has done this more then once.

I don't understand the rules and why he thinks overpaying at .0076 vs .0066   and for 10ph this is a lot  of coin.  maybe someone could explain why it is worth it for him to overpay.  or if he is just a nut job pissing away money?

I thought it was just done when Slush had been a long time without a block to take advantage of their payment algorithm if a block is then hit?

I leave all my miners first pool set to nicehash with the price level set for people who do this and caught some at 0.0427 & 0.0134 BTC/TH/Day.

Rich

[dukeneptun]

+11.2 = dukeneptun

I see people guess bigger percentages this time, +%10.6 change effected predicts of a lot of us.

Did you miss my prediction? I can't see it in the latest lists.

[notlist3d]

+11.2 = dukeneptun

I see people guess bigger percentages this time, +%10.6 change effected predicts of a lot of us.

Did you miss my prediction? I can't see it in the latest lists.

No I decided you do not get to pick... ofcourse I missed it thank you for saying something.  Again if anyone spots errors with their picks please just say something like this so it is resolved quickly.

Below is currrent list:

+6     = Last of the V8s (member registered March 15)
+6.6   = Tmdz (Jr Member - registered October 21)
+7.7   = ezeminer
+7.8   = VirosaGITS
+8.3   = The Young Turk
+8.5   = valkir
+8.6   = Herbpean
+8.8   = tss
+9.2   = edonkey
+9.3   = Lituation
+9.4   = UfoRia (member registered September 22)
+9.8   = vortexz
+10.0  = Tupsu
+10.1  = zebedee
+10.4  = adaseb
+11    = mavericklm
+11.2 = dukeneptun
+12.3  = EternalWingsofGod
+10.2  = cakir
+10.6  = DanDan
+10.8  = ingiltere
+11    = Quickseller
+11.4  = artibg (member resistered December 03, 2013)

Best of luck to all so far.

[wlefever]

+8.1   = wlefever  for me please.

I'm hoping we will stabilize around this next difficulty increase for a few periods.  And, wouldn't mind a dip in BTC price so I can get a few more before the new year!