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Author Topic: Difficulty estimate starting to go up...  (Read 1514 times)
no_alone
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June 07, 2011, 02:34:50 PM
 #1

Difficulty already starting to go up...

It was 640000 in the morning now its 680000 ...
Wow ...

And its not the diff change .. Normally the dif change will make the Difficulty look at high and then it will go down gradually ...
But now its going up gradually...

1000000 in  the next one for sure

Mine only when pc is IDLE totally indivisible...
http://forum.bitcoin.org/index.php?topic=9851.0
Mine on family computer without disturbing them

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Jack of Diamonds
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June 07, 2011, 02:40:19 PM
 #2

Difficulty is not dynamic in that sense. It stays constant until 2016 more blocks are discovered.

So no, it has not gone up from 567k. Only the estimate of the next difficulty has gone up. And it will go up to at least 750000 or more at the end of current difficulty (500-400 blocks left to discover)

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no_alone
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June 07, 2011, 02:52:27 PM
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Yes I understand... I just wanted to say that the estimate already started going up

Mine only when pc is IDLE totally indivisible...
http://forum.bitcoin.org/index.php?topic=9851.0
Mine on family computer without disturbing them

Donation : 1GjpJnLU8zdfEHW7FoCx2UUosJgc9prXN4
Jack of Diamonds
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June 07, 2011, 03:04:56 PM
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Well now that you edited the title it makes sense. But it's kind of self explanatory.

There is no reason why it would lower or stay the same right now. It's expected to go up.

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no_alone
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June 07, 2011, 03:08:54 PM
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Well now that you edited the title it makes sense. But it's kind of self explanatory.

There is no reason why it would lower or stay the same right now. It's expected to go up.

Last time when it went to 400000 the estimate went to 500k and stayed there for a week of so,  Not its going up in a very high rate

Mine only when pc is IDLE totally indivisible...
http://forum.bitcoin.org/index.php?topic=9851.0
Mine on family computer without disturbing them

Donation : 1GjpJnLU8zdfEHW7FoCx2UUosJgc9prXN4
SgtSpike
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June 07, 2011, 03:35:29 PM
 #6

It's because the price went up over 100% while the difficulty only increased 30%.  The difficulty will now increase very rapidly until it more closely matches the price/difficulty ratio that existed previously.
Chucksta
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June 07, 2011, 04:43:47 PM
 #7

AROOGA AROOGA, PURPLE ALERT, PURPLE ALERT... It's all over. it's all over, man ya dingies, grab ya life jackets, women n geeks first !!
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