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Author Topic: Next difficulty ~4,000,000,000? Tracking difficulty since 145,000,000.  (Read 32461 times)
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September 25, 2013, 07:04:27 PM
 #41

Difficulty is increased because of added new mining devices.
As I know - mining devices now are produced and shipped in big quantity only by BFL.
Last 4 increases all were around 30% (29.4% - 32.22%). This coincidence (almost same percentage increase 4 times in a row) never happened before.

Does it mean that BFL specially ships devices not in their full potential, but in specially calculated quantities to keep this 30% increase ratio?
And, possibly, all who are now still waiting for their BFL device - could have them delivered month ago if only BFL would ship all at their full potential?

BFL isnt the only one shipping, Bitfury's are selling like hot cakes too.
As for BFL doing this on purpose.. perhaps. Artificially keeping difficulty low would have given them a lot longer to sell more preorders at higher prices. It would also cost them customers and credibility but Im quite willing to assume overall its a net win for them. Then again there is Hanlon's razor: Never attribute to malice that which is adequately explained by stupidity. Or in this case, incompetence. Im just on the fence whether or not incompetence alone explaines this kind of shipping clusterfuck.
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September 25, 2013, 07:58:27 PM
 #42

Phew, 149M.  My daily income dropped from a feeble BTC0.13 to a even more feeble BTC0.9.  Cry

That would be an increase then Smiley

I wish lol.  0.09 Cheesy
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September 25, 2013, 09:10:22 PM
 #43

Difficulty just increased to 148,819,200 (+32%).
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September 25, 2013, 11:25:47 PM
 #44

Difficulty just increased to 148,819,200 (+32%).

So OP was pretty much spot on!

@baritus: I'm sure at least a little bit of luck was involved, but still, well done!
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September 26, 2013, 07:01:05 PM
 #45

Let's see if I can predict this right.

I'm going to say between 176-180m.

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September 26, 2013, 08:33:16 PM
 #46

Let's see if I can predict this right.

I'm going to say between 176-180m.

IM saying 202M
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September 26, 2013, 10:49:30 PM
 #47

Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.

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September 27, 2013, 01:58:28 AM
 #48

Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.
How does that help us out at all?

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September 27, 2013, 03:59:03 AM
 #49

Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.

Still think they are going to be worth something I guess?

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September 27, 2013, 04:01:28 AM
 #50

Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.

Still think they are going to be worth something I guess?

I think he was meaning that none of the companies are testing products on testnet?

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September 27, 2013, 07:43:08 AM
 #51

Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.

Still think they are going to be worth something I guess?

I think he was meaning that none of the companies are testing products on testnet?

No, I actually was a longtime supporter of the idea that testnet coins should have value so there is an economic incentive for people to play with all the technology that's enabled on testnet but disabled on the regular bitcoin network because nobody knows what might happen. I don't think I'm the only one however as obviously there are other people mining and I doubt it's companies testing, because at this point, the only reasonable thing to do is test by mining yourself coins.

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September 27, 2013, 08:56:24 AM
 #52

Higher.

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September 27, 2013, 09:01:17 AM
 #53


Next difficulty (estimate): 195,903,813
http://bitcoindifficulty.com/

Next 199,980,104 x1.34
http://dot-bit.org/tools/nextDifficulty.php

Thats presumably before any KnC machines where turned on.

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September 27, 2013, 02:26:11 PM
 #54

Difficulty is increased because of added new mining devices.
As I know - mining devices now are produced and shipped in big quantity only by BFL.

What? Isn't BFL the one that screwed everyone over?
Nope. They were wanking for more than a year, but now everything is somehow in delivery stage. Last time I have checked - everything from year 2012 is already shipped to customers, so they have only nine months of orders to deliver Smiley . And they constantly ship devices, all this is legitimate, nobody is screwed. Except fact that nobody who will receive now their device will make ROI. I am sad for guys who ordered 500GH/s device :/

But still, they have huuuge amount of TH/s to deliver, and they can keep difficulty increase on any level they want. This sucks.

As of today, they have only shipped the first month + (maybe a week or two) worth of 2012 MiniRigs orders. Also the MiniRigs are 1.5 TH not 500GH(They are shipping them as 3 500GH machines.(Note: This is whole heartily due to their incompetence. Spelled it out as amazingly plenty of people are still ignorant to this.)).

There is no suck thing as nobody is screwed. Everyone is screwed as BFL greedily oversold and has saturated the market. They have no concern for their customers or Bitcoin. If they did, they would have taken X number of announced orders and shipped those orders before taking more orders and been open about the volume of sales. Instead they took the path of deceit and lies.
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September 27, 2013, 09:34:04 PM
 #55

It's crazy. Since ASICs hit the market difficulty went sky high.
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September 28, 2013, 05:43:20 PM
 #56

I'm definitely thinking next difficulty will be closer to 205M!!

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September 29, 2013, 06:16:43 AM
 #57

My guess: 245MM. Do I get a cake if i got it right? Smiley

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September 29, 2013, 07:38:32 AM
 #58

~181000000

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September 29, 2013, 11:02:12 AM
 #59

I guess between 180M and 184M.

I am considering KNC hardware will not hash in this timeframe.
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September 29, 2013, 01:27:59 PM
 #60

My guess 193,000,000

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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