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Author Topic: [4,847,647]Difficulty Discussion Thread [TRENDING ↑ ↑]  (Read 14367 times)
davecoin
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March 02, 2013, 08:16:23 AM
 #101

up she goes!
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DobZombie
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March 02, 2013, 02:33:18 PM
 #102

Bitcoin Difficulty
4,367,876

Fuck me, there goes a third of my mining income!

0.o

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March 02, 2013, 03:14:30 PM
 #103

Haha, yeah what's the point of BTC rate going up 2x if difficulty goes up 2x also.

The question is will the next difficulty increase come in under a week if all the Avalon units kick on and ASICMiner gets fully set up.  Either a bad string of luck or some GPU Miners already quitting since 1 day into this period and the estimate is a little down from current difficulty.














 

 

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eleuthria
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March 02, 2013, 05:54:43 PM
 #104

Haha, yeah what's the point of BTC rate going up 2x if difficulty goes up 2x also.

The question is will the next difficulty increase come in under a week if all the Avalon units kick on and ASICMiner gets fully set up.  Either a bad string of luck or some GPU Miners already quitting since 1 day into this period and the estimate is a little down from current difficulty.

As usual, BTC Guild can take a bit of the credit/blame for the inaccurate estimate.  We were running close to -40% luck the last 24 hours, which as far as the network estimates are concerned means around 4 TH/s disappeared after the diff change.  Don't be surprised if it swings the opposite way and you see an 8 TH/s swing in the other direction after another day.

RIP BTC Guild, April 2011 - June 2015
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March 15, 2013, 01:03:08 PM
 #105

Bitcoin Difficulty
4,847,647

Next difficulty (estimate):
4,969,078

Bloody hell, This jump was over 10% !

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March 20, 2013, 07:20:37 AM
 #106

Bitcoin Difficulty
4,847,647

Next difficulty (estimate):
4,969,078

Bloody hell, This jump was over 10% !

Look again  Grin

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March 20, 2013, 12:28:33 PM
 #107

4,847,647 (+11%) current
6,172,714 (+27.3%) next

in 4d 19h 45m (885 blocks)

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

[22:35] <Vinnie_win> Did anyone get paid yet? | [22:36] <Isokivi> pirate did!
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March 24, 2013, 04:34:29 PM
 #108

4,847,647 (+11%) current
6,172,714 (+27.3%) next

in 4d 19h 45m (885 blocks)

6,695,826

Ouch!
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March 31, 2013, 11:18:48 PM
 #109

Bitcoincharts shows:

Difficulty   6695826
Estimated   7446578 in 821 blks
 
Perhaps due to BFL ASICs finally starting up as well now...

ShadesOfMarble
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April 02, 2013, 05:26:55 PM
 #110

Perhaps due to BFL ASICs finally starting up as well now...
Like what, one unit? Wink Most should still be ASICMINER/Avalon. And maybe old GPU rigs getting started again.

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

[22:35] <Vinnie_win> Did anyone get paid yet? | [22:36] <Isokivi> pirate did!
ShadesOfMarble
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April 05, 2013, 06:03:15 PM
 #111

7,673,000 (+14.6%) current

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

[22:35] <Vinnie_win> Did anyone get paid yet? | [22:36] <Isokivi> pirate did!
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April 05, 2013, 06:26:35 PM
 #112

7,673,000 (+14.6%) current

So what are we to expect? how much slower block generation on average?
ShadesOfMarble
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April 05, 2013, 06:56:57 PM
 #113

Difficulty is adjusted so one block is generated every 10 minutes. (If network hashing power doesn't change.)

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

[22:35] <Vinnie_win> Did anyone get paid yet? | [22:36] <Isokivi> pirate did!
OlgaA524
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April 05, 2013, 07:08:52 PM
 #114

Difficulty is adjusted so one block is generated every 10 minutes. (If network hashing power doesn't change.)

Right, but isn't increase by 1 mil too big? Though I am new to all this, what do I know Smiley
martynw2000
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April 05, 2013, 07:13:33 PM
 #115

Well if the network hashing power goes up by 14%, then so does the difficulty...
DobZombie
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April 07, 2013, 02:14:40 AM
 #116

New difficulty

7,673,000

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April 10, 2013, 07:40:51 PM
 #117

As a new hobbyist miner guy I can't believe how fast difficulty has gone up...

Started mining mostly LTC in late March, difficulty was 78ish... and it's looking it'll go to 285 in two days.   From 78 -=> 280 in about two weeks.. ! Pretty insane. Glad I'm just really enjoying it as a hobby and didn't drop too much into hardware..

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DrG
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April 10, 2013, 08:11:55 PM
 #118

As a new hobbyist miner guy I can't believe how fast difficulty has gone up...

Started mining mostly LTC in late March, difficulty was 78ish... and it's looking it'll go to 285 in two days.   From 78 -=> 280 in about two weeks.. ! Pretty insane. Glad I'm just really enjoying it as a hobby and didn't drop too much into hardware..

Look back at the BTC graphs in 03/2011.  Pretty much the same thing as CPU miners switch to GPU Mining and a new boatload of miners piled on.














 

 

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