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Author Topic: BTC Difficulty Update Time  (Read 1232 times)
AndyRossy (OP)
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April 26, 2013, 02:46:24 PM
 #1

Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?


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MashRinx
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April 27, 2013, 04:43:09 PM
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This page estimates going to 9.9 M on Tuesday:

http://dot-bit.org/tools/nextDifficulty.php
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April 27, 2013, 04:54:23 PM
 #3

Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?


No formulas exist -- it's best guess only (there are estimators around, e.g. http://bitclockers.com/miningcalculator).  Difficulty is adjusted every 2016 blocks based on an moving average target of 6 blocks per hour.  If blocks are generating faster, the difficulty increases; if slower, difficulty decreases.  Of course, with all the ASICs coming online, difficulty will probably never go down.  The next 2016th block will be Block # 233,855 coming up in a couple of days.
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