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Author Topic: [4,847,647]Difficulty Discussion Thread [TRENDING ↑ ↑]  (Read 14609 times)
DobZombie (OP)
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January 03, 2013, 04:33:33 PM
 #81

Bitcoin Difficulty
2,979,637

Next difficulty (estimate): 3,229,121

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bitboyben
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January 03, 2013, 08:47:41 PM
 #82

Looks like the equipment is coming back on. Or ASICS?

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January 03, 2013, 09:02:19 PM
 #83

Looks like the equipment is coming back on. Or ASICS?
No, these are now "diff hoppers", people on the brink of profitability who wait for the diff to drop, then mine until the diff rises, then stop. They did so numerous times on the LTC chain which changes more frequently, but they're doing it now to the BTC chain.

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SlaveInDebt
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January 05, 2013, 04:30:04 AM
 #84

Up up up and down
Turn turn turnaround
Round round roundabout
And over again
Gun gun son of a gun
You are the only one
Makes any difference what I say

http://youtu.be/3OlxKVa7BHA

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bitboyben
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January 05, 2013, 07:03:24 AM
 #85

Up up up and down
Turn turn turnaround
Round round roundabout
And over again
Gun gun son of a gun
You are the only one
Makes any difference what I say

http://youtu.be/3OlxKVa7BHA

Love that song

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.
QuestionAuthority
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January 06, 2013, 12:23:01 AM
 #86

What happened to the concept that btc price would increase massively after the reward halving? I see a price that’s pretty close to what it was at a 50btc reward.

DobZombie (OP)
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January 06, 2013, 04:02:29 PM
 #87

What happened to the concept that btc price would increase massively after the reward halving? I see a price that’s pretty close to what it was at a 50btc reward.

Yeah I know. Maybe once all these holidays are over people will change. By the end of January I recon the price will go up 25% or the difficulty will go down 25%

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purelithium
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January 07, 2013, 12:28:26 AM
 #88

I think everyone is holding their breath about ASICs, that will change the game. I think people are trying to squeeze the last bit of profit out of their rigs before the ASICs start arriving close to the end of Jan/begginning of Feb. My GPU rigs can stay afloat until 4.5mil difficulty, and my FPGAs at about 45mil diff, where I'll be getting off the mining train. I'll stick around in BTC, but no more mining for me...

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purelithium
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January 09, 2013, 12:51:56 AM
 #89

Gonna update the title to reflect the new difficulty?

3,249,549

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Jakers
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January 09, 2013, 03:34:14 PM
 #90

Does anyone know the normal length you have to mine in order to acquire 1 BTC. Also, how many computer's does a "pool" usually consist of? Like 20+, or below 5?

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purelithium
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January 09, 2013, 05:22:18 PM
 #91

Pools can consist of thousands of different users, and those users may have multiple miners connected.

How long it takes to mine 1 BTC depends on your setup. My setup puts out about 3200 Mhash/s at the current difficulty I mine one bitcoin approximately every 2 days.

To check how much you would make at different hashrates, go here: http://www.alloscomp.com/bitcoin/calculator

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Jakers
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January 09, 2013, 06:19:24 PM
 #92

Pools can consist of thousands of different users, and those users may have multiple miners connected.

How long it takes to mine 1 BTC depends on your setup. My setup puts out about 3200 Mhash/s at the current difficulty I mine one bitcoin approximately every 2 days.

To check how much you would make at different hashrates, go here: http://www.alloscomp.com/bitcoin/calculator

Thanks for the info. How much did your hash-rate cost, or basically your set-up to acquire 1BTC per day. I'll be investing in 7 months (I know a really long time away) but I kind of want to get an idea of what mining is right now.

What do you think the top notch/most expensive set-ups could make you per day on one computer?

I'll have 5-6 computers and free power.

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purelithium
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January 09, 2013, 08:18:06 PM
 #93

You can see what I have in my signature. The whole game will be different in 7-8 months. You won't be able to mine with just a computer, you'll need specialized devices called FPGA miners or ASIC miners. there are plenty of threads in the Hardware subsections.

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DobZombie (OP)
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January 23, 2013, 02:47:17 PM
 #94

Bitcoin Difficulty

3,249,550
Next difficulty (estimate): 2,972,949

Difficulty Change in 23 Blocks

SCOURCE : http://bitcoinwatch.com/

Tip Me if believe BTC1 will hit $1 Million by 2030
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DobZombie (OP)
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January 24, 2013, 04:02:10 AM
 #95

Bitcoin Difficulty

2,968,775

Next difficulty (estimate):
2,977,072

Tip Me if believe BTC1 will hit $1 Million by 2030
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bitboyben
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January 28, 2013, 06:10:13 AM
 #96

oh crap diff too high, turn it off! turn it OFF!
ok diff dropped, turn it back on...

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.
DobZombie (OP)
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February 06, 2013, 01:45:37 PM
 #97

Bitcoin Difficulty
3,275,465

Next difficulty (estimate):
3,285,916

We've nearly caught back up to before block halving difficulty

o.0

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DobZombie (OP)
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February 21, 2013, 01:28:28 PM
 #98

CURRENT DIFFICULTY
3,651,012

Next difficulty (estimate):
3,964,597

Wow, that's nearly a 30% increase in the course of a month

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February 28, 2013, 02:19:17 PM
 #99

Thats nothing just wait and see what the next 2-3 months look like...
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March 01, 2013, 03:57:57 AM
 #100

i'll be in still for this next difficulty jump

doubtful for the one after that
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