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Meatball
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December 01, 2012, 05:51:15 PM |
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I wouldn't be surprised if we see total network hashrate dip below 20 TH in the next month or two (assuming ASIC's aren't in the mix). I for one have pulled the plug on my miners. Even with the hardware long payed off and a decent power rate of .10 / Kwh, I'm paying $9 in power costs to make $10 in BTC. Just not worth the effort/aggravation. I think in the next week or two, more people will see that and only folks will really low power rates or FPGA's are going to stick it out.
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DobZombie (OP)
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December 07, 2012, 02:12:38 PM |
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Checkout the green (3 day estimate) drop! Biggest drop all year!  The difficulty estimate is still... 3,438,909 Next difficulty (estimate): 3,461,345 ...higher? |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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Fjordbit
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December 07, 2012, 02:50:13 PM |
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It's an average over the whole 2016 blocks, and it was higher over the first part (especially right before the halving). Give it a few more days and it will probably end up slightly lower.
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DobZombie (OP)
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December 08, 2012, 02:15:50 PM |
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3,438,909
Next difficulty (estimate): 3,435,354
Difficulty is going to lower definatly by the looks of the graph and the estimate.
I reckon people are seeing the spreadsheets and earnings estimates, and have decided to call it quits.
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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DobZombie (OP)
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December 10, 2012, 03:49:48 PM |
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Current difficulty 3,438,909
Next difficulty (estimate): 3,372,281
Starting to go down faster!
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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bitboyben
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December 11, 2012, 03:46:31 AM |
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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bcpokey
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December 12, 2012, 02:43:27 AM |
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That link returns: 3405980.70883142 for me. |
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bitboyben
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December 12, 2012, 08:10:21 AM |
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Now it is:
3423585.80041288
Maybe we need a Block difficulty watch thread...
Certainly isn't tanking.
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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DobZombie (OP)
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December 13, 2012, 12:54:43 PM |
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Maybe we need a Block difficulty watch thread...
Done. Thread renamed. I'll adjust my first post to include a few more details soon |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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Fjordbit
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December 13, 2012, 02:23:59 PM |
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Now it is:
3423585.80041288
I don't know about that link. I would use Bitcoin Watch instead. Right now the future difficulty is still trending downward: 3,280,731. It's not tanking, but from what happened last year, this isn't surprising. Miners are slow to throw in the towel. |
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DobZombie (OP)
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December 13, 2012, 02:48:11 PM |
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Miners are slow to throw in the towel.
Ain't that the truth |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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greyscale
Newbie
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Activity: 45
Merit: 0
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December 14, 2012, 02:14:14 AM |
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Wonder how long this slide will continue, before the new FPGAs and ASICs start to outweigh the leaving GPU miners.
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bitboyben
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December 14, 2012, 02:25:12 AM |
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Now it is:
3423585.80041288
I don't know about that link. I would use Bitcoin Watch instead. Right now the future difficulty is still trending downward: 3,280,731. It's not tanking, but from what happened last year, this isn't surprising. Miners are slow to throw in the towel. Bookmarked! Thank you and nice to see the difficulty going down some. Whoah wtf? 3.9 million BTC sent in last 24 hours?!?!?!?! That's pretty healthy. |
Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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DobZombie (OP)
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December 14, 2012, 01:31:18 PM |
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I'd be betting 90-95% of that is Bitcoin Laundry and Blockchain.info Laundry
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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MrTeal
Legendary
Offline
Activity: 1274
Merit: 1004
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December 14, 2012, 02:08:38 PM |
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I'd be betting 90-95% of that is Bitcoin Laundry and Blockchain.info Laundry
You mean SatoshiDice?  |
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fivemileshigh
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December 15, 2012, 08:44:25 PM |
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new estimate 3,160,030.... and we're up to 13.50ish
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DobZombie (OP)
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December 15, 2012, 11:52:19 PM |
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only 4 hours later and the new estimate is
3,151,234 @ 11.45PM UTC 15/12
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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Equilux
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December 16, 2012, 12:08:38 AM |
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bitboyben
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December 16, 2012, 07:48:33 AM |
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Sweet. Just a quick idea you should add in the title of the thread a little +/^ or -/v or something to indicate the movement of difficulty. This could be like the MtGox wall thread and live forever...
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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DobZombie (OP)
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December 16, 2012, 12:44:31 PM |
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Thread title changed got any other good ideas? |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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