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Author Topic: 10% hike in bitcoin difficulty is coming soon...BFL customers how do u feel?  (Read 1700 times)
smoothie (OP)
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March 18, 2013, 05:11:40 PM
 #1

This 10% difficulty hike is only the start. Usually it is a snowball effect...

I predict at the end of April we will be at 7.5 million difficulty...easy.

Cutting into mining profits....nom nom nom nom.

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dropt
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March 18, 2013, 05:22:47 PM
 #2

I'm going to have a funeral for my GPU Farm.

Edit:  I'm not a BFL investor though.
vvic
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March 18, 2013, 05:31:47 PM
 #3

I predict at the end of April we will be at 7.5 million difficulty...easy.
You know what? you might be right (or slightly off towards 7.8-8 million)
What do you think the price will be for bitcoin?
Bogart
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March 18, 2013, 05:34:16 PM
 #4

Current Difficulty: 4847647.152065606
Next Difficulty In About: 6d15h44m15s
Next Difficulty Estimate: 6143596.27281
Estimated Percent Change: 26.73357

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
johnyj
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March 18, 2013, 06:46:08 PM
 #5

Current Difficulty: 4847647.152065606
Next Difficulty In About: 6d15h44m15s
Next Difficulty Estimate: 6143596.27281
Estimated Percent Change: 26.73357

27% is more realistic, and after another month the network will reach 100TH, and BFL will push it further to 500TH if they deliver

joshv06
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March 18, 2013, 07:15:59 PM
 #6

Even with a predicted difficulty of 6143596, my quad 7970's will get ~$10 a day rather than now's $12.70. I guess it's not too bad. Any other GPU miners actually not too upset about but BFL delay? I have 2 pre-orders for ASIC SC Singles, the delay has aloud me to make on average $300 a month for the past ~6 months ($1800), and has heated my room during the cold months, while getting more of my ROI on my quad 7970 rig.

I would completely understand someone who is new to mining and made pre-orders, I would be pissed too. Especially those who sold their GPU rigs around the time that the ASICs were supposed to be released.

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The-Real-Link
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March 18, 2013, 10:53:45 PM
 #7

Don't mind it.  GPUs working in the meantime until ASICs get sorted out.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
cchan
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March 19, 2013, 12:50:56 AM
 #8

Avalon really tells us: Time is money...
FreedomCoin
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March 19, 2013, 03:11:32 AM
 #9

Avalon really tells us: Time is money...

agreed

tvbcof
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March 19, 2013, 03:40:17 AM
 #10


If BTC prices continue to rise, the BFL guys and their sloppy seconds may be OK after all.  Assuming BFL delivers anything that hashes at all that is.  This remains a big 'if' to this day in my book.

Of course if the BTC price continues to rise the pain of handing them over to BFL as pre-order funds, or not simply buying them for fiat (back soooo many months ago) becomes that much more painful as well.  But that's a sunk cost and water under the bridge now.


sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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