davecoin
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March 02, 2013, 08:16:23 AM |
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up she goes!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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DobZombie (OP)
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March 02, 2013, 02:33:18 PM |
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Bitcoin Difficulty 4,367,876
Fuck me, there goes a third of my mining income!
0.o
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Tip Me if believe BTC1 will hit $1 Million by 2030 1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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DrG
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Activity: 2086
Merit: 1035
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March 02, 2013, 03:14:30 PM |
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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 |
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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.
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RIP BTC Guild, April 2011 - June 2015
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DobZombie (OP)
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March 15, 2013, 01:03:08 PM |
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Bitcoin Difficulty 4,847,647
Next difficulty (estimate): 4,969,078
Bloody hell, This jump was over 10% !
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Tip Me if believe BTC1 will hit $1 Million by 2030 1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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MaGNeT
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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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March 20, 2013, 07:20:37 AM |
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Bitcoin Difficulty 4,847,647
Next difficulty (estimate): 4,969,078
Bloody hell, This jump was over 10% !
Look again
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ShadesOfMarble
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Merit: 500
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March 20, 2013, 12:28:33 PM |
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4,847,647 (+11%) current 6,172,714 (+27.3%) next
in 4d 19h 45m (885 blocks)
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area
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March 24, 2013, 04:34:29 PM |
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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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solex
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100 satoshis -> ISO code
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March 31, 2013, 11:18:48 PM |
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Bitcoincharts shows:
Difficulty 6695826 Estimated 7446578 in 821 blks Perhaps due to BFL ASICs finally starting up as well now...
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ShadesOfMarble
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April 02, 2013, 05:26:55 PM |
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Perhaps due to BFL ASICs finally starting up as well now... Like what, one unit? Most should still be ASICMINER/Avalon. And maybe old GPU rigs getting started again.
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ShadesOfMarble
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April 05, 2013, 06:03:15 PM |
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7,673,000 (+14.6%) current
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OlgaA524
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April 05, 2013, 06:26:35 PM |
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7,673,000 (+14.6%) current
So what are we to expect? how much slower block generation on average?
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ShadesOfMarble
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April 05, 2013, 06:56:57 PM |
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Difficulty is adjusted so one block is generated every 10 minutes. (If network hashing power doesn't change.)
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OlgaA524
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April 05, 2013, 07:08:52 PM |
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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
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martynw2000
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April 05, 2013, 07:13:33 PM |
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Well if the network hashing power goes up by 14%, then so does the difficulty...
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DobZombie (OP)
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April 07, 2013, 02:14:40 AM |
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New difficulty
7,673,000
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Tip Me if believe BTC1 will hit $1 Million by 2030 1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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glendall
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Sugars.zone | DatingFi - Earn for Posting
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April 10, 2013, 07:40:51 PM |
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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 |
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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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