Bitcoin Forum
May 03, 2024, 08:52:53 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Network Difficulty increase 20% to 35% & Estimated ROI BFL/Avalon/KNC/Bitfury  (Read 7278 times)
itod
Legendary
*
Offline Offline

Activity: 1974
Merit: 1076


^ Will code for Bitcoins


View Profile
September 08, 2013, 05:16:50 PM
 #21

All these charts and tables tell one thing: The price of mining equipment is mostly irrelevant, the delivery date is what actually counts. I've seen people complaining that one manufacturer's ASICs are 30% more expensive than the others and it's nonsense, you'll get that money back in two weeks if you have equipment on time. Many people are so used to looking at the price tag in everyday life that seem not to be able to adopt this concept.
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714769573
Hero Member
*
Offline Offline

Posts: 1714769573

View Profile Personal Message (Offline)

Ignore
1714769573
Reply with quote  #2

1714769573
Report to moderator
Sitarow (OP)
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
September 15, 2013, 12:27:48 AM
 #22

Update September 14th 2013

I have taken the liberty to give an estimate as to the expected day 1 difficulty when shipped from manufacturer.

The difficulty dates selected are from the manufacturer's expected shipping date start. The numbers are based from a low Network Difficulty Increase of 20% every 12 Days.



And as always here is the link to the updated estimate both 20% and 30% increases.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing


P.S.

Seems to be on target with expected Hardware growth. If hardware development and purchases continue at this rate. Expect to see a higher average then 30% come the end of October.
itod
Legendary
*
Offline Offline

Activity: 1974
Merit: 1076


^ Will code for Bitcoins


View Profile
September 15, 2013, 12:43:41 AM
 #23

Update September 14th 2013
...
And as always here is the link to the updated estimate both 20% and 30% increases.

Estimates of so low (20%-30%) difficulty increases are pretty much useless. With all these hardware being delivered even 40%-50% difficulty increases may be unrealistically low.
AussieHash
Hero Member
*****
Offline Offline

Activity: 692
Merit: 500



View Profile
September 15, 2013, 01:31:46 AM
 #24

Update September 14th 2013
...
And as always here is the link to the updated estimate both 20% and 30% increases.

Estimates of so low (20%-30%) difficulty increases are pretty much useless. With all these hardware being delivered even 40%-50% difficulty increases may be unrealistically low.

These are 10.7 day increases, not monthly increases.
Sitarow (OP)
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
September 15, 2013, 02:24:51 AM
 #25

Update September 14th 2013
...
And as always here is the link to the updated estimate both 20% and 30% increases.

Estimates of so low (20%-30%) difficulty increases are pretty much useless. With all these hardware being delivered even 40%-50% difficulty increases may be unrealistically low.

These are 10.7 day increases, not monthly increases.

10.7 days is equivalent to 30% increase.

I am doing 12 days 20% for a minimum estimation of what to expect.

IT has been evident that 30% is the new norm. However 20% is the yearly average. Come October the minimum will probably be 30% or every 10 day network difficulty change.

Many new potential miners are being left in the dark to the simple fact that network difficulty reduces return in a substantial way.
itod
Legendary
*
Offline Offline

Activity: 1974
Merit: 1076


^ Will code for Bitcoins


View Profile
September 15, 2013, 01:08:31 PM
 #26

Update September 14th 2013
...
And as always here is the link to the updated estimate both 20% and 30% increases.

Estimates of so low (20%-30%) difficulty increases are pretty much useless. With all these hardware being delivered even 40%-50% difficulty increases may be unrealistically low.

These are 10.7 day increases, not monthly increases.

I'm talking about 2016 block (14 days) increase, you can forget any figure below 30%, realistically put that to 40% and up. You will also not see that 2016 block reach 14 days span in foreseeable future, this explosion of mining power that awaits us in next few months probably happens once in BTC history and never again.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!