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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, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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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
Legendary
 Offline
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
Legendary
Offline
Activity: 1750
Merit: 1007
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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. |
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
Legendary
Offline
Activity: 1526
Merit: 1002
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
Donator
Hero Member
Offline
Activity: 543
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
Legendary
Offline
Activity: 1078
Merit: 1002
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
Donator
Hero Member
Offline
Activity: 543
Merit: 500
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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
Donator
Hero Member
Offline
Activity: 543
Merit: 500
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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
Newbie
Offline
Activity: 54
Merit: 0
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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
Donator
Hero Member
Offline
Activity: 543
Merit: 500
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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
Newbie
Offline
Activity: 54
Merit: 0
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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
Member
Offline
Activity: 117
Merit: 10
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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
Legendary
Offline
Activity: 2100
Merit: 1018
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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| .SUGAR. | |
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DrG
Legendary
Offline
Activity: 2086
Merit: 1035
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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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