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Author Topic: Difficulty in September?  (Read 913 times)
ironcross360 (OP)
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June 05, 2013, 12:35:09 PM
 #1

What is estimated difficulty by the time KNCMiner ships?

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June 05, 2013, 12:36:16 PM
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That's not possible to answer that question. Or you need a time travelling machine.
ironcross360 (OP)
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June 05, 2013, 12:36:41 PM
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That's not possible to answer that question. Or you need a time travelling machine.
Estimated... Because thousands of asics are going to be out there

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June 05, 2013, 12:41:29 PM
 #4

Just bought a Jupiter.
Before ordered I tried everything to estimate the difficulty, possible delays, ASIC developments etc, but it's pretty much impossible. From 50 mill to 250 mill anything possible.
If it's around a 100 million I'll be happy.

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June 05, 2013, 12:47:27 PM
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How much of the network hashing power is gpu or cpu? Cause when asics are taking over, probably all cpu/gpu and even fpga miners will stop mining?

So when asics take over, how much of the "old" power will dissapear?

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Diabolicus
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June 05, 2013, 01:00:10 PM
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Just bought a Jupiter.
Before ordered I tried everything to estimate the difficulty, possible delays, ASIC developments etc, but it's pretty much impossible. From 50 mill to 250 mill anything possible.
If it's around a 100 million I'll be happy.

Difficulty has more than doubled over the past 3 months, I'd say it will  increase to close to at least 100 million the next three months.
Diabolicus
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June 05, 2013, 01:03:26 PM
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How much of the network hashing power is gpu or cpu? Cause when asics are taking over, probably all cpu/gpu and even fpga miners will stop mining?

So when asics take over, how much of the "old" power will dissapear?
How long ago was the 1st substantial shipment of ASICs? One might extrapolate from there.
However, if the hash rate multiplies a few times the next months, in the long run it won't matter if gpu miners stop, because their share will be negligible then.
ironcross360 (OP)
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June 05, 2013, 01:07:19 PM
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So do you think it would be a good idea to preorder from KNCminer? Asics should be cheaper by then?

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June 05, 2013, 01:07:27 PM
 #9

143,863,824.9   +/- 30%

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ironcross360 (OP)
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June 05, 2013, 01:14:43 PM
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143,863,824.9   +/- 30%

Your lucky color is red, todays lucky numbers are 23,37,38,1,49,64 beware of an older lady in a green coat.
That will be difficulty? and whats that lucky stuff about lol

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June 05, 2013, 01:35:51 PM
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Fortune telling, thought I'd give you the full service. Cheesy

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June 05, 2013, 01:54:39 PM
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Fortune telling, thought I'd give you the full service. Cheesy
Good.
Now tell us the next trend - up or down? :-)
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June 05, 2013, 02:01:24 PM
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Is it easier to get your hands on an ASIC or a time machine these days?
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June 05, 2013, 02:01:58 PM
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Fortune telling, thought I'd give you the full service. Cheesy
that's funny Grin
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June 05, 2013, 02:04:03 PM
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who knows if kncminer will even ship?

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June 05, 2013, 02:08:48 PM
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Is it easier to get your hands on an ASIC or a time machine these days?

Primer ... http://www.imdb.com/title/tt0390384/

They started with ASIC (well JTAG actually but its sort of relevant) and ended up with a time machine. Didn't end well though.

Sort of ... be careful what you wish for, and geeks and ethics don't mix. Anyway I liked the film.

[/OT mods delete if you like]

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June 05, 2013, 02:11:38 PM
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Just bought a Jupiter.
Before ordered I tried everything to estimate the difficulty, possible delays, ASIC developments etc, but it's pretty much impossible. From 50 mill to 250 mill anything possible.
If it's around a 100 million I'll be happy.



I totally agree with this - I base my estimations on pretty much the same parameters. Everything below 100mil. will be a gift.
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June 05, 2013, 02:14:50 PM
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Sort of ... be careful what you wish for, and geeks and ethics don't mix. Anyway I liked the film.

Yes, eg LTCM... Looks like an interesting film. My question, while partly joking, was also semi-serious: has the market for ASICs changed at all, or are you still throwing money at companies hoping they give you something in many months time?
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June 05, 2013, 02:32:10 PM
 #19

How much of the network hashing power is gpu or cpu? Cause when asics are taking over, probably all cpu/gpu and even fpga miners will stop mining?
So when asics take over, how much of the "old" power will dissapear?

Not so much disappear as switch to mining Litecoin and any other altcoin that uses Scrypt. At least until(if) FPGA's can do the same thing to altcoin mining that ASIC's are doing to bitcoin mining.
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June 05, 2013, 02:33:55 PM
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Yes, eg LTCM... Looks like an interesting film. My question, while partly joking, was also semi-serious: has the market for ASICs changed at all, or are you still throwing money at companies hoping they give you something in many months time?

Its improving. Avalon, ASICMINER, BFL all have working product and are shipping, to various degrees. IMHO of them all ASCIMINER are the easiest to get hold of (300MHash/sec USB Erupter), Avalon order/ship in batches and BFL, well what to say there. If you've an early order you should be fine, but newbies, its anybody's guess as to delivery. All are very expensive for the ROI, so you're taking a gamble on the difficulty not shooting up (which seems a poor bet to me). The best ROI seems to be with the chip orders (eg Klondike et al who will offer to build them into boards), take a look in the custom hardware threads. Again caveat emptor.

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