Diff thread Feb 7 to Feb 19? picks are closed.

[zebedee]

And another 20% rise in difficulty... honestly I'm not so comfortable with that. If it goes on, we will see the halving in May (not June/July).

Dude, you need to learn to math   The probability the halving occurs in July is extremely high, I'd put it at over 90%.  Unless you think 20% can continue until July, that is.  I don't.

[1714636210]

1714636210

[1714636210]

1714636210

[1714636210]

1714636210

[1714636210]

1714636210

[Dekker3D]

-50 for me, hehe

I'd like mining to be profitable again, the hashes that we have are no longer earning like they used to. C'mon Bitmain, stop making those devices.

[adaseb]

Not good again.

[edonkey]

Finally got one of the cats out from under the couch.

+20.2 = edonkey

[sanandreas]

+21.6 = sanandreas

Not good again.
http://i65.tinypic.com/2mcags2.png

I think it's very good. We don't wait for transactions to accepted.

[RichBC]

Not good again.

Things are bad but something must have gone wrong at the time of that snapshot as average Blocktime over that period was in the 10 Minute region.

Rich

[philipma1957]

Well we are open
and I will start with

-50.0 = Dekker3D

-1.2 = philipma1957 ____  I am hoping for a natural disaster to destroy all the new farms



+18.7 = tertius993

+19.0 = vapourminer

+19.8 = Biodom
+20.2 = edonkey
+20.5 = Brob12321
+21.6 = sanandreas
+21.9 = zebedee
+22.0 = Amph

+22.5 = redhack
+23.0 = ezeminer

+24.4 = Chris_Sabian

+24.9 = cakir
+25.0 = Last of the V8s


+26.1 = blindminer


+27.0 = psi
+27.1 = flikflak

+27.7 = Mikestang

+28.0 = icey            +28 for me     Smiley  = wrong    @ icey please correct post

+29.0 = alfacro


+30.0 = ingiltere


+33.0 = pusttiu



https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   175,115,606,121 (+21.51%)
Adjust time:   After 915 Blocks, About 5.5 days -------picking ends at 816
Hashrate(?):   1,204,167,279 GH/s
Block Generation Time(?):   
1 block: 8.6 minutes
3 blocks: 25.8 minutes
6 blocks: 51.5 minutes
Updated:   12:10 (2.8 minutes ago)






https://blockchain.info/blocks

398253 (Main Chain)   2016-02-13 17:07:34


398152 (Main Chain)   2016-02-13 00:00:49


102 blocks made in the time for 103  so we are at  a  143 pace for the day!

this below was earlier in the day

76 blocks in the time it takes to do 75    so at this pace we will do 146 for the day

[Ab-Soul]

+20.6 = Ab-Soul

-50 for me, hehe

-50 LOL! I see what you did here.

[Mikestang]

I think it's very good. We don't wait for transactions to accepted.

The network is intended to operate such that one block is solved every 10 minutes, it's not about convenience of getting tx confirmed.  If you want fast/instant confirms there are plenty of altcoins designed around that philosophy, but with bitcoin I would tend to agree that it is "bad", at least for anyone with less than ~10PH at their disposal.

[dukeneptun]

+21.0 = dukeneptun

Good luck with that increase individual miners.

[HerbPean]

+16.7 = HerbPean

Thanks Phil !

[valkir]

+22.2 = Valkir

[indiemax]

+23.5% indiemax 

[flikflak]

And another 20% rise in difficulty... honestly I'm not so comfortable with that. If it goes on, we will see the halving in May (not June/July).

Dude, you need to learn to math  The probability the halving occurs in July is extremely high, I'd put it at over 90%.  Unless you think 20% can continue until July, that is.  I don't.

Your words in God's ears.Of course a halving in May is rubbish. I know, my scenario is a bit very dark, because I'm shocked of the double 20% jumps in a row. But we are at block 398266 and had 378266 on 10^th of Oct. 2015 (thats four months ago or 126 days to find 20000 blocks). That equals 159 blocks a day. We have 21735 blocks to go, to hit 1^st of July (139 days from now) that would be an average of 156 blocks a day -> so a halving in June is very possible with an average of 9% difficulty increase.

[philipma1957]

Well we are open
and I will start with

-50.0 = Dekker3D

-1.2 = philipma1957 ____  I am hoping for a natural disaster to destroy all the new farms

+16.7 = HerbPean

+18.7 = tertius993

+19.0 = vapourminer

+19.8 = Biodom
+20.2 = edonkey
+20.5 = Brob12321
+21.0 = dukeneptun
+21.6 = sanandreas
+21.9 = zebedee
+22.0 = Amph
+22.2 = Valkir
+22.5 = redhack
+23.0 = ezeminer
+23.5% indiemax
+24.4 = Chris_Sabian

+24.9 = cakir
+25.0 = Last of the V8s


+26.1 = blindminer


+27.0 = psi
+27.1 = flikflak

+27.7 = Mikestang

+28.0 = icey            +28 for me     Smiley  = wrong    @ icey please correct post

+29.0 = alfacro


+30.0 = ingiltere


+33.0 = pusttiu



https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   175,550,086,511 (+21.81%)
Adjust time:   After 879 Blocks, About 5.2 days --------    picking ends at 816
Hashrate(?):   1,246,866,949 GH/s
Block Generation Time(?):   
1 block: 8.5 minutes
3 blocks: 25.6 minutes
6 blocks: 51.2 minutes
Updated:   
                                                             





https://blockchain.info/blocks

398289 (Main Chain)   2016-02-13 20:45:16


398152 (Main Chain)   2016-02-13 00:00:49


138 blocks made in the time for 123  so we are at  a  160 pace for the day!


only 63 blocks to go!!

[philipma1957]

Well we are open
and I will start with

-50.0 = Dekker3D

-1.2 = philipma1957 ____  I am hoping for a natural disaster to destroy all the new farms

+16.7 = HerbPean

+18.7 = tertius993

+19.0 = vapourminer

+19.8 = Biodom
+20.2 = edonkey
+20.5 = Brob12321
+21.0 = dukeneptun
+21.6 = sanandreas
+21.9 = zebedee
+22.0 = Amph

+22.1 = ACAB
+22.2 = Valkir
+22.5 = redhack
+23.0 = ezeminer
+23.5% indiemax
+24.4 = Chris_Sabian

+24.9 = cakir
+25.0 = Last of the V8s


+26.1 = blindminer


+27.0 = psi
+27.1 = flikflak

+27.7 = Mikestang

+28.0 = icey            +28 for me     Smiley  = wrong    @ icey please correct post

+29.0 = alfacro


+30.0 = ingiltere


+33.0 = pusttiu



https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   175,550,086,511 (+21.81%)
Adjust time:   After 879 Blocks, About 5.2 days --------    picking ends at 816
Hashrate(?):   1,246,866,949 GH/s
Block Generation Time(?):   
1 block: 8.5 minutes
3 blocks: 25.6 minutes
6 blocks: 51.2 minutes
Updated:   
                                                             





https://blockchain.info/blocks

398289 (Main Chain)   2016-02-13 20:45:16


398152 (Main Chain)   2016-02-13 00:00:49


138 blocks made in the time for 123  so we are at  a  160 pace for the day!


only 63 blocks to go!!

[ACAB]

+22.1 = ACAB

I know it's too much for us miners but it's reality.

[RichBC]

Well it's getting late in the UK and Picks will close around 5 o'Clock Tomorrow Morning, so can't leave it any longer, which is a pity as the run rate is all over the place.


+21.7 = RichBC

[DanDan]

+21.3 = DanDan

Last minute predictions.

[philipma1957]

Well we are open
and I will start with

-50.0 = Dekker3D

-1.2 = philipma1957 ____  I am hoping for a natural disaster to destroy all the new farms

+16.7 = HerbPean

+18.7 = tertius993

+19.0 = vapourminer

+19.8 = Biodom
+20.2 = edonkey
+20.5 = Brob12321
+21.0 = dukeneptun
+21.3 = DanDan
+21.6 = sanandreas
+21.7 = RichBC
+21.9 = zebedee
+22.0 = Amph

+22.1 = ACAB
+22.2 = Valkir
+22.5 = redhack
+23.0 = ezeminer
+23.5% indiemax
+24.4 = Chris_Sabian

+24.9 = cakir
+25.0 = Last of the V8s


+26.1 = blindminer


+27.0 = psi
+27.1 = flikflak

+27.7 = Mikestang

+28.0 = icey            +28 for me     Smiley  = wrong    @ icey please correct post

+29.0 = alfacro


+30.0 = ingiltere


+33.0 = pusttiu



https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   175,114,423,373 (+21.51%)
Adjust time:   After 862 Blocks, About 5.1 days --------    picking ends at 816
Hashrate(?):   1,232,653,386 GH/s
Block Generation Time(?):   
1 block: 8.6 minutes
3 blocks: 25.6 minutes
6 blocks: 51.3 minutes



https://blockchain.info/blocks




398306 (Main Chain)   2016-02-13 23:27:48

398152 (Main Chain)   2016-02-13 00:00:49


155 blocks made in the time for 141 so we are at  a  160 pace for the day!