Puppet
Legendary
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Activity: 980
Merit: 1040
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September 25, 2013, 07:04:27 PM |
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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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HellDiverUK
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September 25, 2013, 07:58:27 PM |
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Phew, 149M. My daily income dropped from a feeble BTC0.13 to a even more feeble BTC0.9. That would be an increase then I wish lol. 0.09
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giantdragon
Legendary
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Activity: 1582
Merit: 1002
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September 25, 2013, 09:10:22 PM |
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Difficulty just increased to 148,819,200 (+32%).
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Roy Badami
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September 25, 2013, 11:25:47 PM |
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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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baritus (OP)
Legendary
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Activity: 966
Merit: 1052
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September 26, 2013, 07:01:05 PM |
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Let's see if I can predict this right.
I'm going to say between 176-180m.
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Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
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Puppet
Legendary
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Activity: 980
Merit: 1040
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September 26, 2013, 08:33:16 PM |
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Let's see if I can predict this right.
I'm going to say between 176-180m.
IM saying 202M
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 26, 2013, 10:49:30 PM |
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Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.
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more or less retired.
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crazyates
Legendary
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Activity: 952
Merit: 1000
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September 27, 2013, 01:58:28 AM |
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Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.
How does that help us out at all?
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Buffer Overflow
Legendary
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Activity: 1652
Merit: 1016
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September 27, 2013, 03:59:03 AM |
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Bitcoin Testnet difficulty is 494. *cough* *cough*. Just saying.
Still think they are going to be worth something I guess?
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Maidak
Legendary
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Activity: 1890
Merit: 1058
Vave.com - Crypto Casino
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September 27, 2013, 04:01:28 AM |
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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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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 27, 2013, 07:43:08 AM |
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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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more or less retired.
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smoothie
Legendary
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Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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September 27, 2013, 08:56:24 AM |
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Higher.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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GigaWave
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September 27, 2013, 02:26:11 PM |
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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 . 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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Piotrsama
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September 27, 2013, 09:34:04 PM |
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It's crazy. Since ASICs hit the market difficulty went sky high.
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nwfella
Legendary
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Activity: 1610
Merit: 1000
Well hello there!
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September 28, 2013, 05:43:20 PM |
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I'm definitely thinking next difficulty will be closer to 205M!!
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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arlekyn13
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September 29, 2013, 06:16:43 AM |
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My guess: 245MM. Do I get a cake if i got it right?
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1CmrswU7JYpi9WNC8EHWCV3aam1FJsW2Zu - to show appreciation for my work
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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September 29, 2013, 07:38:32 AM |
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~181000000
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.” “We are only as strong as we are united, as weak as we are divided.” “It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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abacus
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September 29, 2013, 11:02:12 AM |
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I guess between 180M and 184M.
I am considering KNC hardware will not hash in this timeframe.
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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September 29, 2013, 01:27:59 PM |
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My guess 193,000,000
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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