Diff thread July 4 July 18th? picks are closed! prize = $50 usd + ½ ing

[in2tactics]

-1.0 = in2tactics

[Mikestang]

Well at block 740 right now and there's a big drop off in the network hash.  Is it from the halving?  Is it old gear making way for new?  I honestly expected to see much more variance in network power immediately following the halving, but perhaps this is just the calm before the storm...

-1.4 = Mikestang

Thanks, phil!

[ZedZedNova]

-1.7 = ZedZedNova, please.

- zed

[Kexkey]

Well at block 740 right now and there's a big drop off in the network hash.  Is it from the halving?  Is it old gear making way for new?  I honestly expected to see much more variance in network power immediately following the halving, but perhaps this is just the calm before the storm...

Yeah me too!  I guess we're in the transition right now.  I expect global hashrate to explode... but well, for now, I'm not sure about anything.

Ref. the 1 EH spike on May 23rd, thanks Phil for pointing it out.

[philipma1957]

Pick still open

- 2.7 = gt_addict
- 2.0 = bomberb17

- 1.7 = ZedZedNova

- 1.5 = generalt
- 1.4 = Mikestang

- 1.2 = philipma1957   If I win I will roll it over

- 1.0 = in2tactics

- 0.8 = cpfreeplz
- 0.7 = pogress
- 0.6 = Psi
- 0.5 = ridewithme
- 0.4 = Lboss
- 0.3 = XERES
- 0.2 = tertius993
- 0.1 = vg54dett
     0 = VRobb
+0.1 = Cuidler
+0.2 = adaseb
+0.3 = NeuroticFish
+0.4 = Erumara
+0.5 = edonkey
+0.6 = Veves1
+0.7 = vapourminer
+0.8 = fr4nkthetank
+0.9 = Lindin99
+1.0 = vortexz
+1.1 = tlhIlwI
+1.2 = testerman
+1.3 = ATguy
+1.4 = d57heinz
+1.5 = slastar
+1.6 = indiemax
+1.7 = RichBC
+1.8 = wlefever
+1.9 = lolxxxx
+2.0 = Valkir
+2.1 =Notlist3d
+2.2 = blindminer
+2.3 = HerbPean
+2.4 = ingiltere
+2.5 = petahashminer
+2.6 = HagssFIN
+2.7 = radiumsoup
+2.8 = topiOleg
+2.9 = pusttiu
+3.0 = Last of the V8s
+3.1 = tss
+3.2 = Chris!
+3.3 = albertamining
+3.4 = alh
+3.5 = DanielRo


+4.7 = Kexkey

-1.3=Jebuswalks22

 I dont know if I have enough post but wanted to pick anyway.

If you let me and my pick wins just give me half and roll over the rest for next pick since i might not even be qualified to play this time

I can't do it since someone else may want the pick.
You are ½ qualified since you joined in Feb. 2016
Post around a bit more  and you will be fully qualified. (30 posts needed)
  I just read your posts they have the look and feel of a real miner not a scammer.

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   215,149,344,579 (+0.82%)
Adjust time:   After 718 Blocks, About 5.0 days   >>>>>>>> 2 blocks to go.

Hashrate(?):   1,497,606,965 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
Updated:   21:40 (40.0 seconds ago)






  
we are close to +.8%  and with the network to be able to jump up or down 6%  near the end of the adjustment period We should fall between -5%  and +7% only time will time.  good luck to the pickers in the game.

[philipma1957]

time is up for picks


- 2.7 = gt_addict
- 2.0 = bomberb17

- 1.7 = ZedZedNova

- 1.5 = generalt
- 1.4 = Mikestang

- 1.2 = philipma1957   If I win I will roll it over

- 1.0 = in2tactics

- 0.8 = cpfreeplz
- 0.7 = pogress
- 0.6 = Psi
- 0.5 = ridewithme
- 0.4 = Lboss
- 0.3 = XERES
- 0.2 = tertius993
- 0.1 = vg54dett
     0 = VRobb
+0.1 = Cuidler
+0.2 = adaseb
+0.3 = NeuroticFish
+0.4 = Erumara
+0.5 = edonkey
+0.6 = Veves1
+0.7 = vapourminer
+0.8 = fr4nkthetank
+0.9 = Lindin99
+1.0 = vortexz
+1.1 = tlhIlwI
+1.2 = testerman
+1.3 = ATguy
+1.4 = d57heinz
+1.5 = slastar
+1.6 = indiemax
+1.7 = RichBC
+1.8 = wlefever
+1.9 = lolxxxx
+2.0 = Valkir
+2.1 =Notlist3d
+2.2 = blindminer
+2.3 = HerbPean
+2.4 = ingiltere
+2.5 = petahashminer
+2.6 = HagssFIN
+2.7 = radiumsoup
+2.8 = topiOleg
+2.9 = pusttiu
+3.0 = Last of the V8s
+3.1 = tss
+3.2 = Chris!
+3.3 = albertamining
+3.4 = alh
+3.5 = DanielRo


+4.7 = Kexkey

[Jammalan the Prophet]

Feels a bit ... "unfair" to see this topic not getting any replies after the people are picking their lottery tickets.

But , straight to the topic , the last drop in the graph on bwisdom , it is a glitch , miners getting unlucky or it is a really sharp drop driven by miners turning down hardware ?

[philipma1957]

Feels a bit ... "unfair" to see this topic not getting any replies after the people are picking their lottery tickets.

But , straight to the topic , the last drop in the graph on bwisdom , it is a glitch , miners getting unlucky or it is a really sharp drop driven by miners turning down hardware ?

Miners  all over the world are getting their power bills.  Most of us get   a bill on the same day each month  but it could be any day.

So a guy in USA gets a bill on July 5
A guy in France gets a bill on July 6
a guy in Eygpt gets a bill on July 7
a guy in Russia gets a bill on July 8

so on and so forth. They look at the bill and see the truth my s-5 is a loser my avalon 4 is a loser.  Slowly but surely they are turning off gear.

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331
Estimated Next Difficulty:   211,434,747,546 (-0.92%)
Adjust time:   After 521 Blocks, About 3.7 days
Hashrate(?):   1,427,563,997 GH/s
Block Generation Time(?):   
1 block: 10.2 minutes
3 blocks: 30.4 minutes
6 blocks: 1.0 hours
Updated:   9:5 (3.8 minutes ago)


look at that line drop on the right!




down down down down yes!!

[Jammalan the Prophet]

I was looking at the graphs and saw that the first time the drop is not after the difficulty adjustment but more like right before another one.

My current theory is that rather then waiting for the electricity bill (which if of a certain value) the miners are right now in some sort of a Canadian stand off waiting for the others to turn down their miners first.

[philipma1957]

I was looking at the graphs and saw that the first time the drop is not after the difficulty adjustment but more like right before another one.

My current theory is that rather then waiting for the electricity bill (which if of a certain value) the miners are right now in some sort of a Canadian stand off waiting for the others to turn down their miners first.

A lot depends on your setup .

lets say  you were doing the real cheap power old gear setup

you had 1000 s-5's at 6 cent power  about 1.05 ph.

you were earning  1.143 btc  a day or 729 usd a day


you are now losing   .0944 btc or    62 usd a day

So you are close to break even rather then break up the farm  you mine a few days and decide to turn off.

you are a winner with this farm as you mined with it from January 2014 when you pruchased the gear at 300 usd a unit.

So now you shut it down you wait and see if you can get  lot of s-7s cheap  your  breakeven on a 200 dollar  s-7 would be  165 days

but right now you shut your self down  while you wait and see if you can get a lot of cheap s-7's

[adaseb]

The power bill is delayed however. In my area it can take up to 3 months to get an actual power bill. They manually check each riser usually 3 times a year and your rate is prorated.

[philipma1957]

The power bill is delayed however. In my area it can take up to 3 months to get an actual power bill. They manually check each riser usually 3 times a year and your rate is prorated.

Absolutely true.  my bills are monthly in house  with 1 of 4 an auto bill.

This is good since as you say every 4 months is the norm.

This means only very few people have seen a bill since the ½ ing  it has only been about 9 or 10 ten days  so if every miner in the world has 30 day billing only  1 of 30 to 10 of 30  days are on a new bill. And for those on longer plans most people have not fully faced the ½ effects.

Lets pretend all losing gear is being turned off once a new bill comes. (not true)

lets pretend there is 400ph in losing gear now mining (may be true)

we will have a month or two downward trend for difficulty  maybe slowly going from 213 now to 180ish in sept-oct   then the trend up will happen.

this could be very good for those grabbing a s-9 or two.

I still think bitmaintech has made an error on the price and should be selling the gear right now at 2200 not 1970 or so.
Basically I believe they would still sell gear at the 2200 dollar level.

[d57heinz]

Yea I'm pleasantly surprised of the drop. I hope your right Phil and it continues for a diff or three. I should have my s9 Monday according to ups. They shipped it out immediately.  . I'm making a play on btc rising and also will get the joy of running some downclocked s7 I purchased for winter heat.  A few kw heats my pad nicely over winter.  Be a nice upgrade from s3 I ran over last winter. I'm hoping I can get the s7 as quiet as s3 come time to put it in the house.  Back to diff.  I was seeing close to 12 min block time avg yesterday according to zeroblock.  When I think of all the last machines it seemed bitmain knew what was coming. Like I've said I think they have a good hold of things.  Let's hope price rises or diff drops to justify them keeping price high on miners. Be nice since I waited and basically screwed myself out of earnings before the halving.  

Best regards
D57heinz

[philipma1957]

Yea I'm pleasantly surprised of the drop. I hope your right Phil and it continues for a diff or three. I should have my s9 Monday according to ups. They shipped it out immediately.  . I'm making a play on btc rising and also will get the joy of running some downclocked s7 I purchased for winter heat.  A few kw heats my pad nicely over winter.  Be a nice upgrade from s3 I ran over last winter. I'm hoping I can get the s7 as quiet as s3 come time to put it in the house.  Back to diff.  I was seeing close to 12 min block time avg yesterday according to zeroblock.  When I think of all the last machines it seemed bitmain knew what was coming. Like I've said I think they have a good hold of things.  Let's hope price rises or diff drops to justify them keeping price high on miners. Be nice since I waited and basically screwed myself out of earnings before the halving.  

Best regards
D57heinz

looking back to last august

 a flat 3 months of jumps
4 really bad months of high jumps
5 flatter months

I really hope for more flat growth to continue
my guess for the chart below would be right in the middle of the two last arrows I drew
Ie Split that fork down the middle

[lolxxxx]

A little bit up.

[generalt]

Feels a bit ... "unfair" to see this topic not getting any replies after the people are picking their lottery tickets.

But , straight to the topic , the last drop in the graph on bwisdom , it is a glitch , miners getting unlucky or it is a really sharp drop driven by miners turning down hardware ?

Miners  all over the world are getting their power bills.  Most of us get   a bill on the same day each month  but it could be any day.

So a guy in USA gets a bill on July 5
A guy in France gets a bill on July 6
a guy in Eygpt gets a bill on July 7
a guy in Russia gets a bill on July 8

so on and so forth. They look at the bill and see the truth my s-5 is a loser my avalon 4 is a loser.  Slowly but surely they are turning off gear.

That's funny I got my power bill today and noticed it was much higher than I wanted it to be.  The summer rates have kicked in.

[Mikestang]

I got my power bill a while ago, I don't recall exactly when.  But I don't have any big miners going now, just some usb sticks and such for fun.  And a few are on "free power" so they earn dust which is nice.

But I'm not surprised at the down turn, I think we are going to see a lot of the non-efficient gear going offline now.

[philipma1957]

I got my power bill a while ago, I don't recall exactly when.  But I don't have any big miners going now, just some usb sticks and such for fun.  And a few are on "free power" so they earn dust which is nice.

But I'm not surprised at the down turn, I think we are going to see a lot of the non-efficient gear going offline now.

we could have this happen maybe we get 2  or 3 drops and dip back down to 195 diff by the end of august

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331
Estimated Next Difficulty:   212,162,090,085 (-0.58%)
Adjust time:   After 410 Blocks, About 2.9 days
Hashrate(?):   1,436,308,333 GH/s
Block Generation Time(?):   
1 block: 10.1 minutes
3 blocks: 30.4 minutes
6 blocks: 1.0 hours
Updated:   3:5 (3.2 minutes ago)

[d57heinz]

if what im seeing on the 3day charts are correct im looking for an explosion soon on the price.. within a month!  could be any day now really.  still learning a lot on charts and i know a lot like to say btc doesnt follow those indicators but when i look in past it sure seems to to me anyway. to each their own when it comes to the charts:)  course that means diff would follow suit possibly. going to be an interesting next couple weeks i feel.

Best Regards
d57heinz

[philipma1957]

Back to complete off topic.  My kitchen has been moving along.  Job is 4 weeks 2 days.

  I think by next thur the 21st   IT WILL BE DONE  taking 5 weeks and $$$


just waiting for the granite




the granite slabs a and b



and installed late friday  which is four weeks and 1 day so far.