Difficulty contest. prize 2 ltc 1 compac usb stick. Picks are closed!!

[Flying Hellfish]

+5.1 = Flying Hellfish

[1500192200]

1500192200

[1500192200]

1500192200

[1500192200]

1500192200

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 4.8 = fr4nkthetank

 5.1 = Flying Hellfish

 6.2 = vh

[QuintLeo]

 + 10.9 = QuintLeo

What's interesting to consider is the amount of hash that needs to be added to make a 10% from the last adjustment.  Using the figure from bitcoinwisdom of 5,072,782 TH at the last change, the network would need to add 507,278 TH for a 10% increase. That's a lot of S9 hardware, or BitFury containers to deploy. You would think the logistics alone would be pretty daunting. My guess is that this is actually stuff that's been purchased as the price was rising and has taken a while to actually made active. Maybe Bitmain has been "sand bagging" for a while.......

Bitmain  is always sandbagging  as their cost for s-9's  is  maybe 500 or 400 usd.  they could just build and mine  until they kill btc.  So they don't  do that they control the flow of sales and self mining.

Still  the spike was 20%  which is 77,000 s-9's   even if it is ½ that at 10 %  it is around 40,000 s-9's

 It's not that they're sandbagging.

 It's that they can't get as many chips made as they want to, because *ALL* of the foundries that make current-gen chips are flat-out running at capacity - all 4 of them in the entire world - and a HUGE chunk of that capacity is locked into long-term contracts (TSMC by Nvidia and large cell-phone makers other than Samsung, Samsung by it's internal use + NVidia, Global Foundries by AMD and IBM, Intel by it's internal use and it doesn't SELL OUT capacity) which leaves the "small" chip making folks like Bitmain fighting over the scraps.

 I'm 100% sure that Bitmain would love to have been able to sell TWICE as many S9/T9/R4 units over their lifetime so far vs what they've been able to do so - and make twice as many for their internal use while they were at it.

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 4.8 = fr4nkthetank

 5.1 = Flying Hellfish

 6.2 = vh
10.9 = QuintLeo

[abeandund]

4.6 = abeandund

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer
4.6 = abeandund
 4.8 = fr4nkthetank

 5.1 = Flying Hellfish

 6.2 = vh
10.9 = QuintLeo

[Psi]

 Looks like most are picking positive numbers this time, so here's my pick:

 +3.2= Psi

thanks

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 3.2= Psi

 4.6 = abeandund

 4.8 = fr4nkthetank

 5.1 = Flying Hellfish

 6.2 = vh

10.9 = QuintLeo

[leowonderful]

+ 4.2

Never hurts to participate in one of these. Let's hope we actually get close to the actual difficulty rise this time!

[HagssFIN]

Up we go.
+7.5 = HagssFIN

[Last of the V8s]

5.0 = Last of the V8s

many thanks

[Landy1264]

+5.4 = Landy1264

[Tomintx]

+8.7 = Tomintx

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 3.2 = Psi

 4.2 = leowonderful

 4.6 = abeandund

 4.8 = fr4nkthetank

 5.0 = Last of the V8s ---- you are welcome
 5.1 = Flying Hellfish

 5.4 = Landy1264

 6.2 = vh

 7.5 = HagssFIN

 8.7 = Tomintx

10.9 = QuintLeo

[edonkey]

Our 4 year old cat (her birthday was yesterday) says:

9.7 = eDonkey

[VRobb]

I hope I'm wrong, but yet I hope I'm right!  

+11.7 = VRobb

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 3.2 = Psi

 4.2 = leowonderful

 4.6 = abeandund

 4.8 = fr4nkthetank

 5.0 = Last of the V8s ---- you are welcome
 5.1 = Flying Hellfish

 5.4 = Landy1264

 6.2 = vh

 7.5 = HagssFIN

 8.7 = Tomintx

9.7 = eDonkey

10.9 = QuintLeo



11.7 = VRobb


you would think that with about a 100 dollar giveaway  we would have more entries by now.. there are about 70 blocks to go and I then will close the picks.

[vapourminer]

you would think that with about a 100 dollar giveaway  we would have more entries by now.. there are about 70 blocks to go and I then will close the picks.

yeah i remember your old contest, it was hard to pick a number towards the end as most everything was taken.

guess we are all so rich we dont need contests anymore

[pusttiu]

+13.0 = pusttiu

[philipma1957]

           Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.

 PICKS END AT 516



I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc

-1.1 = philipma1957


 1.1 = vapourminer

 3.2 = Psi

 4.2 = leowonderful

 4.6 = abeandund

 4.8 = fr4nkthetank

 5.0 = Last of the V8s ---- you are welcome
 5.1 = Flying Hellfish

 5.4 = Landy1264

 6.2 = vh

 7.5 = HagssFIN

 8.7 = Tomintx

9.7 = eDonkey

10.9 = QuintLeo



11.7 = VRobb

13.0 = pusttiu

you would think that with about a 100 dollar giveaway  we would have more entries by now.. there are about 27 blocks to go and I then will close the picks.