dmwardjr
Legendary
 Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
 |
November 06, 2014, 08:49:27 PM |
|
Look at the massive discontinuity in the estimated next difficulty graph. Bitcoin Wisdom often has a lot of trouble with the difficulty estimates after a change and it takes awhile to setting down. Another reason to not just always trust the number a calculator spits out.  Conversely, bitcoincharts tends to be more conservative, and ever since the ASICs started appearing has been a little low to start and gets closer to the final value as we get closer to the adjustment. We're only 248 blocks into the current 2016 block round, so it's a little early to make any prediction with any accuracy. It'll probably be somewhere between bitcoinchart's estimate and bitcoinwisdom's though, as it often is, but it could end up being even higher than bitcoinwisdom or lower than bitcoincharts. Edit: BTCinvest currently says "12.35 days left until -0.28% growth", btw. Estimates are all over the place. Yes, I'd agree with your statements. Still have to wonder with the graphs and all. Yes, it is a little early. I've noticed how it can settle down as well after a few days. The way it shot up this weekend has me wondering though. |
|
|
|
|
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
kkurtmann
|
|
November 06, 2014, 09:08:49 PM |
|
And then shot back down after that big mining farm fire in Thailand.
|
|
|
|
dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
|
November 06, 2014, 09:21:30 PM |
|
And then shot back down after that big mining farm fire in Thailand.
Is that what this picture is?  |
|
|
|
|
sjc1490
|
|
November 06, 2014, 09:27:09 PM |
|
|
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
|
|
|
dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
|
November 06, 2014, 09:33:17 PM |
|
Thanks for providing... Yes, the picture I posted is a picture of the aftermath. I can tell by the angle of the ceiling. The lights and ceiling were burned down, leaving only the rafters and roof. They were obviously able to put it out by the time it got the roof with rafters. Wow... What a terrible loss of equipment there. That was a very nice facility! |
|
|
|
|
kkurtmann
|
|
November 06, 2014, 09:50:33 PM |
|
More of the pie for the rest of us.
|
|
|
|
dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
|
November 06, 2014, 09:55:33 PM |
|
More of the pie for the rest of us.
Agreed, but you really hate to see that happen to anybody! Sounds like some foul play after reading in their forum. Appears the fire may have been started by 2 people from outside the facility in the wee hours as the sun was rising. Not sure though. It sounds like someone may of had it out to get them. They could have been involved with the wrong people. Or, the wrong people tried pushing themselves into a piece of the pie but they would not let them have a piece and end up having their place burned down. Who knows? But yes, it does leave a little bit of change for us. |
|
|
|
|
|
|
cris12821
|
|
November 06, 2014, 11:56:35 PM
Last edit: November 07, 2014, 01:42:54 AM by cris12821 |
|
There is only one thing good that comesout of that farm fire.... a possibke lowered diff or higher $/btc. Wouldnt surprise me if it was arson...... id kinda expect it with people adding so much more hashpower bc these new miners knocking everyone else out of the game.... personally i wouldnt blame them.... but it still sucks mjorly... all that money probably gone to total waste..... (not insured or covered) good luck with the ROI Sucks though. Thats one thing iv always been worried about.... but a proper setup and a clean setup and prevent this alot. I have 2 s1s outside in this shelf with plastic around it to protect it from the weather... all that worries ne about it.... is when winter comes and my PSUS crapping out or miners crap out due to extreme cold exposure. My theiry is... if i dont have super powerful fans on the. And i oc them to 200gh/s maybe itll keep this enclosed area toasty warm. But ill find out if a 1 of my 2 750w psus go bye bye. Prettylong blocks we getting so far  lol maybe i shoukd buy $550k worth of hardware... cause clearly people rather buy more and more and more... and diff goes off bc so many were bought... so now u buy more and more and more.. and than it goes up. And now ur buyi g 3x as many. My theory makes more sense. Have people run a kess amount of miner so the diff goes down.. thus increasing ur profit alot better. |
Give Respect , Get Respect
|
|
|
|
Sir Alan
|
|
November 07, 2014, 01:11:20 PM |
|
Wouldnt surprise me if it was arson...... Possibly, but with such a huge amount of kit the risk of something going fzzzzt! even if all the cabling is up to scratch becomes a near-certainty, given that computer manufacturers shave every penny they can by using the lowest spec components they can get away with (e.g. 16V capacitors in a 14V circuit, where I would use 24V or higher) - one of the most common causes of boards letting out the smoke soon after the warranty expires. |
1Eeyore17YeHrbJW5Q3pSdV8sXujkdrrFc
|
|
|
|
cris12821
|
|
November 07, 2014, 03:21:37 PM |
|
Wouldnt surprise me if it was arson...... Possibly, but with such a huge amount of kit the risk of something going fzzzzt! even if all the cabling is up to scratch becomes a near-certainty, given that computer manufacturers shave every penny they can by using the lowest spec components they can get away with (e.g. 16V capacitors in a 14V circuit, where I would use 24V or higher) - one of the most common causes of boards letting out the smoke soon after the warranty expires. Yea. Thats just it. If and qhen i setup my bitcoin farm... im buying the best thingsa... why... because the more u spend on ur cables and such.. the less ull have to fix or replace them and tje less theHow much for the canister of dip.... not the spray. I need the dip so i can dip my objects into it??? They will fail. Somethings cheap is nice... but soneimes expensive is always better. Expensive....in the end.... saves u alot more money. One thing i would do and sspend big on.. if my cabling and cooling. Some peps just liie cheap to roi faster. Not me. Sometimes going big and expensive will laat u allloot longer and Roi much ffaster |
Give Respect , Get Respect
|
|
|
Billbags
Sr. Member
Offline
Activity: 280
Merit: 250
Brainwashed this way
|
|
November 07, 2014, 05:43:56 PM |
|
I am even hoping that I loose that bet.
I just got back from taking my 3 year old son to the park to play. Nice seeing BTC back up a little again. Still a ways to go though. It's possible... Heck, I would be happy with $450.00 The reason I say that is because difficulty will be at least 43 billion next time it changes. Could be as much as 46 billion. I'm thinking it won't start climbing until after Gavins blockchain fork....but anything is possible. |
|
|
|
dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
|
November 07, 2014, 10:17:08 PM |
|
I am even hoping that I loose that bet.
I just got back from taking my 3 year old son to the park to play. Nice seeing BTC back up a little again. Still a ways to go though. It's possible... Heck, I would be happy with $450.00 The reason I say that is because difficulty will be at least 43 billion next time it changes. Could be as much as 46 billion. I'm thinking it won't start climbing until after Gavins blockchain fork....but anything is possible. I believe you're right The Russian currency coming close to crashing is promising to bitcoin rising a little before the fork. |
|
|
|
|
rpandassociates
|
|
November 07, 2014, 10:19:45 PM |
|
ugh....... Current server time: 2014-11-07 22:19:08 UTC Current round started at: 2014-11-07 07:30:59 UTC Current round duration: 14:48:09 Current shares CDF: 92.03 %  |
|
|
|
|
dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
|
|
November 09, 2014, 05:20:13 AM |
|
ROLL TIDE
|
|
|
|
|
bobsmoke
|
|
November 09, 2014, 09:16:59 AM |
|
Anyone saw issues with reward for the last 3 blocks (329190,329183,329181)?
|
|
|
|
|
nicklello
Member
Offline
Activity: 193
Merit: 10
|
|
November 09, 2014, 10:08:13 AM |
|
Anyone saw issues with reward for the last 3 blocks (329190,329183,329181)?
Only that they're still waiting on confirmations... I've noticed this is taking a lot longer this week. |
|
|
|
|
|
IITravel01
|
|
November 09, 2014, 05:51:04 PM |
|
The pools stats show it's down to about 6,000Thash/s (from 8,200 a day ago) and est. payout this round is up 20+%, is this normal or did someone shut down their large farm (this was today, so it wasn't the fire from last month)?
|
|
|
|
|
|
pekatete
|
|
November 09, 2014, 06:00:38 PM |
|
The pools stats show it's down to about 6,000Thash/s (from 8,200 a day ago) and est. payout this round is up 15+%, is this normal or did someone shut down their large farm (this was today, so it wasn't the fire from last month)?
Blooy marcaroni! I know the overall hash-rate of the pool has been yoyoing this weekend, but this takes the biscuit! Now down to ~5500000 GH/s! Last block payout was SWEET! |
|
|
|
|
bobsmoke
|
|
November 09, 2014, 06:08:04 PM |
|
The pools stats show it's down to about 6,000Thash/s (from 8,200 a day ago) and est. payout this round is up 15+%, is this normal or did someone shut down their large farm (this was today, so it wasn't the fire from last month)?
Blooy marcaroni! I know the overall hash-rate of the pool has been yoyoing this weekend, but this takes the biscuit! Now down to ~5500000 GH/s! Last block payout was SWEET! not sure if this is the case but saw this happening in the past and was only being reported incorrectly in the web interface but the hashrate was still there ... then blocks rewards got recalculated |
|
|
|
|
|
