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

[Mikestang]

Today looks like its going to be another record breaking day. Currently we are at +40%, so with the +20% increase last week this is major hashpower.

It's like an accelerated Moore's law, we're seeing the network grow at an unprecedented rate, it's amazing to watch.  Would be cool to figure out how many new machines are being turned on around the world each minute.

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[1714614026]

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[philipma1957]

It appears that someone is looking to corner the market on mining.

I suspect multiple 1 cent power farms in China

running huge amount of 300-400 dollar (build cost) s-7's

I think the goal is to maintain a growth rate over 15% until the ½ ing

 So I see a 2000ph hashing ability  with over  300 diff.



Well we are open


and I will start with


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

[Last of the V8s]

I am hoping for a natural disaster to destroy all the new farms

seconded
but i fear:
+25.0 = Last of the V8s

thanks for running this

[ezeminer]

Well hopefully there aren't more surprise adjustments... right?

+23.0 = ezeminer

[philipma1957]

It appears that someone is looking to corner the market on mining.

I suspect multiple 1 cent power farms in China

running huge amount of 300-400 dollar (build cost) s-7's

I think the goal is to maintain a growth rate over 15% until the ½ ing

 So I see a 2000ph hashing ability  with over  300 diff.

With all +10% or more until the ½ ing

Well maybe all of the above  ^^^^^ is completely wrong.




Well we are open
and I will start with


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

+23.0 = ezeminer
 
+25.0 = Last of the V8s _ you are welcome not that much fun lately but BTC can surprise.

[Biodom]

+19.8 = Biodom

just a glimmer of hope...

[cakir]

+24.9 = cakir

I was gonna pick +25

[ingiltere]

%25 looks too optimistic for me.

+30.0 = ingiltere

[philipma1957]

It appears that someone is looking to corner the market on mining.

I suspect multiple 1 cent power farms in China

running huge amount of 300-400 dollar (build cost) s-7's

I think the goal is to maintain a growth rate over 15% until the ½ ing

 So I see a 2000ph hashing ability  with over  300 diff.

With all +10% or more until the ½ ing

Well maybe all of the above  ^^^^^ is completely wrong.




Well we are open
and I will start with


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

+19.8 = Biodom
+23.0 = ezeminer
+24.9 = cakir
+25.0 = Last of the V8s _ you are welcome not that much fun lately but BTC can surprise.
+30.0 = ingiltere

[notlist3d]

Bitwisdom:
Bitcoin Difficulty:    144,116,447,847
Estimated Next Difficulty:    180,590,959,452 (+25.31%)
Adjust time:    After 1178 Blocks, About 6.8 days
Hashrate(?):    1,276,123,147 GH/s

1/4 change in difficulty in one change possibly.  Wow is that number above scary to me.   I don't want to see anything close to there.

Price still hanging a little under 380... so still are not getting the bump in price we really need.  Something has to happen I think, I'm just not sure what will it will be. I think it will be huge in a good or bad way.  Not sure which way it will go yet.

[philipma1957]

Bitwisdom:
Bitcoin Difficulty:    144,116,447,847
Estimated Next Difficulty:    180,590,959,452 (+25.31%)
Adjust time:    After 1178 Blocks, About 6.8 days
Hashrate(?):    1,276,123,147 GH/s

1/4 change in difficulty in one change possibly.  Wow is that number above scary to me.   I don't want to see anything close to there.

Price still hanging a little under 380... so still are not getting the bump in price we really need.  Something has to happen I think, I'm just not sure what will it will be. I think it will be huge in a good or bad way.  Not sure which way it will go yet.

Well bitmaintech is still holding 23000 plus coins make it 24000


https://blockchain.info/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

they knew to hold coins as soon as diff sky rocketed .  I think they are making a play to  have more hash power then anyone

and also push btc price over 650 btc then dump.

[adaseb]

Bitwisdom:
Bitcoin Difficulty:    144,116,447,847
Estimated Next Difficulty:    180,590,959,452 (+25.31%)
Adjust time:    After 1178 Blocks, About 6.8 days
Hashrate(?):    1,276,123,147 GH/s

1/4 change in difficulty in one change possibly.  Wow is that number above scary to me.   I don't want to see anything close to there.

Price still hanging a little under 380... so still are not getting the bump in price we really need.  Something has to happen I think, I'm just not sure what will it will be. I think it will be huge in a good or bad way.  Not sure which way it will go yet.

Well bitmaintech is still holding 23000 plus coins make it 24000


https://blockchain.info/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

they knew to hold coins as soon as diff sky rocketed .  I think they are making a play to  have more hash power then anyone

and also push btc price over 650 btc then dump.

What does holding coins have to do with the difficulty skyrocketing? I just don't understand what they are trying to do by holding coins and not withdrawing.

[notlist3d]

Bitwisdom:
Bitcoin Difficulty:    144,116,447,847
Estimated Next Difficulty:    180,590,959,452 (+25.31%)
Adjust time:    After 1178 Blocks, About 6.8 days
Hashrate(?):    1,276,123,147 GH/s

1/4 change in difficulty in one change possibly.  Wow is that number above scary to me.   I don't want to see anything close to there.

Price still hanging a little under 380... so still are not getting the bump in price we really need.  Something has to happen I think, I'm just not sure what will it will be. I think it will be huge in a good or bad way.  Not sure which way it will go yet.

Well bitmaintech is still holding 23000 plus coins make it 24000


https://blockchain.info/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

they knew to hold coins as soon as diff sky rocketed .  I think they are making a play to  have more hash power then anyone

and also push btc price over 650 btc then dump.

What does holding coins have to do with the difficulty skyrocketing? I just don't understand what they are trying to do by holding coins and not withdrawing.

If they knew this they could be betting on a rise in bitcoin price.  Bitcoin price really needs to go up to match difficulty jumps.  We have not got it yet, but we hope we do.  If they knew in advance there would be 20+ jumps they might hold coins hoping for a bump in price before selling.

So I think it makes it appear they knew these jumps were coming.  At least is what I get out of it.

[philipma1957]

Bitwisdom:
Bitcoin Difficulty:    144,116,447,847
Estimated Next Difficulty:    180,590,959,452 (+25.31%)
Adjust time:    After 1178 Blocks, About 6.8 days
Hashrate(?):    1,276,123,147 GH/s

1/4 change in difficulty in one change possibly.  Wow is that number above scary to me.   I don't want to see anything close to there.

Price still hanging a little under 380... so still are not getting the bump in price we really need.  Something has to happen I think, I'm just not sure what will it will be. I think it will be huge in a good or bad way.  Not sure which way it will go yet.

Well bitmaintech is still holding 23000 plus coins make it 24000


https://blockchain.info/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

they knew to hold coins as soon as diff sky rocketed .  I think they are making a play to  have more hash power then anyone

and also push btc price over 650 btc then dump.

What does holding coins have to do with the difficulty skyrocketing? I just don't understand what they are trying to do by holding coins and not withdrawing.

well if they are the ones grabbing all the hash via cheap power and cheap s-7's

I think they are.  but WTF do I know?

They started to hoard coins when hash rate started jumping up and down in the fall.

So lets say they knew bit fury would have the 14-16 nm chips.

But bitmaintech could get a 1 cent power deal from Jan 1 to June 1

so setup mines and test them in the fall .  The big swings up and down.

the big power deal come son in Jan hash like a mofo and hold your coins.

with rate doing 120 140 180 then 210 then 240  bitfury's chips do not look too good  to us if they arrive with diff of 240 or 275.

unless coins are 650 .

So bitfury's back money people may pump btc to 650 or 700 just to  make sales survive .

coins are are say  700 and bitmaintech goes boom selling off a ton of coins.  even if it does not lower price and hurt bitfury

bitmaintech still scores.  now the above fits the facts so far.  so sit back and watch the big players take some swings at each other over the next 3 to 5 months.

I am playing this 3 ways. ⅓ coins ⅓ cash ⅓ gear   about 4000 usd worth of each.

this give me various moves and with me at 33% cash even a nut job crazy flatline I will still have something the 33% cash.

[edonkey]

I can't even ask the cats for their guess. When I try, they both hide under the couch.

With this brutal difficulty trend, I feel like joining them  

[pusttiu]

+33 =pusttiu

[alfacro]

+29 = alfacro

[Amph]

+22 = Amph

[Psi]

+27=psi

[notlist3d]

Crazy looking at past difficulty. We went from Jan 27, 2015 to Nov 11, 2015 (41.93 percent) with less difficulty change then we will have in this and the last and this difficulty change.

That is just crazy go for almost 2015 with less then these 2 changes.  I just don't know what to think about all this hash.