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Author Topic: Pre-order miners, look here before you get your ass burned  (Read 4985 times)
hulk (OP)
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October 16, 2013, 02:18:11 PM
 #1

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..

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bobsag3
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October 16, 2013, 03:15:21 PM
 #2

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..
Again with the posting what the difficulty is going to be right after a Diff increase... you do know how that is calculated right?
hulk (OP)
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October 16, 2013, 03:29:17 PM
 #3

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..
Again with the posting what the difficulty is going to be right after a Diff increase... you do know how that is calculated right?

Not really, but the recent difficulty increase really impacted me a lot..

bobsag3
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October 16, 2013, 03:34:03 PM
 #4

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..
Again with the posting what the difficulty is going to be right after a Diff increase... you do know how that is calculated right?

Not really, but the recent difficulty increase really impacted me a lot..
The next difficulty increase is based on the average time to complete the blocks, so early on after an increase depending on luck it may report a much much higher difficultly increase. Look at it in 2 days.
hulk (OP)
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October 16, 2013, 04:04:23 PM
 #5

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..
Again with the posting what the difficulty is going to be right after a Diff increase... you do know how that is calculated right?

Not really, but the recent difficulty increase really impacted me a lot..
The next difficulty increase is based on the average time to complete the blocks, so early on after an increase depending on luck it may report a much much higher difficultly increase. Look at it in 2 days.

You are right, it dropped down all of sudden.

Current difficulty: 267,731,249
Next difficulty (estimate): 291,210,061 (+9%)

Anyway, hope that the next increment won't be as high as 40%, I would lose most of my saving... sad..

smoothrunnings
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October 20, 2013, 12:10:03 AM
 #6

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..

That's funny the site now says the next estimate is 285,052,471 (+6%). I have seen it on Canada's Bitcoin Exchange as being 310 million ish (estimated). So we'll have to wait and see.
halcy0n3
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October 20, 2013, 12:50:47 AM
 #7

oh dear me....

the difficulty is going up about 30% per difficulty change

http://bitcoinwisdom.com/bitcoin/difficulty
look down the bottom.

 By my own calculations thats a 82% rise per month for last 2 months. With so many more preorders out there and new hardware annoucements and people not realising they are buying paper weights you are completely right. Dont buy

check out another post i made

https://bitcointalk.org/index.php?topic=313510.msg3371214#msg3371214
hulk (OP)
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October 20, 2013, 01:17:26 AM
 #8

http://bitcoindifficulty.com/

Current difficulty: 267,731,249
Next difficulty (estimate): 436,010,565 (+63%)

Ask for refund immediately as no body would profit for the crazy difficulty increase..

That's funny the site now says the next estimate is 285,052,471 (+6%). I have seen it on Canada's Bitcoin Exchange as being 310 million ish (estimated). So we'll have to wait and see.


Something is wrong with the site right now, the estimate should be 400 million..

high110
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October 25, 2013, 02:14:55 PM
 #9

How can they continue to rise so quickly?? We will all be out of the game at this point - who is still recovering at this point?

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