Bitcoin Forum
July 19, 2018, 04:23:56 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: 510.93 Million in difficulty just now!!!  (Read 2926 times)
jamesc760
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
November 05, 2013, 07:54:29 PM
 #1

we just hit 511 million difficulty!!!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1531974236
Hero Member
*
Offline Offline

Posts: 1531974236

View Profile Personal Message (Offline)

Ignore
1531974236
Reply with quote  #2

1531974236
Report to moderator
1531974236
Hero Member
*
Offline Offline

Posts: 1531974236

View Profile Personal Message (Offline)

Ignore
1531974236
Reply with quote  #2

1531974236
Report to moderator
1531974236
Hero Member
*
Offline Offline

Posts: 1531974236

View Profile Personal Message (Offline)

Ignore
1531974236
Reply with quote  #2

1531974236
Report to moderator
HellDiverUK
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501



View Profile
November 05, 2013, 07:58:14 PM
 #2

It's f**king depressing.  Cry


            ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
         █████████████████████████▄  
       ███████                 ██████
     ██████                      ██████
    █████      ███████████▄        ████
   ████      █████████████▀         ████
  ████      █████            ██      ████
 █████     ████     ▄▄▄      ███     ████
 █████     ████   ███████   ████
 ████      ████   ███████   ████
 ████      ████   ██████    ████      ███
  ████     █████   ▀▀▀▀     ████     ████
  ████      █████            ██      ████
   ████      █████████████▄         ████
    █████      ███████████▀        ████
     ██████                       ████
       ██████
         ██████████████████████▄
             ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
SKYFchain
█▀▀▀▀▀▀█
█  ▄██
██▀  █
█  ▄██
██▀  █
█  ▄██
██▀  █
█  ▄██
██▀  █
█      █
█▄▄▄▄▄▄█

█▀▀▀▀▀▀█
█  ▄██
██▀  █
█  ▄██
██▀  █
█  ▄██
██▀  █
█  ▄██
██▀  █
█      █
█▄▄▄▄▄▄█
kendog77
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500


View Profile
November 05, 2013, 08:12:18 PM
 #3

Miners that are waiting for the ASIC hardware bubble to pop rejoice...  Smiley

There is blood in the street so it's almost time to buy.
cassimares
Full Member
***
Offline Offline

Activity: 233
Merit: 100


View Profile WWW
November 06, 2013, 03:53:14 AM
 #4

And the worse part is that more ASIC is coming... so this is just like the beginning...

beegatewood
Sr. Member
****
Offline Offline

Activity: 296
Merit: 250


View Profile
November 06, 2013, 05:36:42 AM
 #5

we just hit 511 million difficulty!!!

MY USB erupter can kiss goodbye.... paying more electricity then what I get.....

JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
November 06, 2013, 08:59:22 AM
 #6

we just hit 511 million difficulty!!!

MY USB erupter can kiss goodbye.... paying more electricity then what I get.....

what is your electricity rate? $/kWh
Sythyn
Hero Member
*****
Offline Offline

Activity: 784
Merit: 505


In BlockChain we trust!


View Profile WWW
November 06, 2013, 10:39:02 AM
 #7

Another 30% increment... this just don't stop.... time to sell my miners...


                                         ████████████████████████████████
                                         ████████████████████████████████
                                            ███▄
                                               ▀███▄
                                                   ▀███▄
                                                       ▀███
█████████████████████████████
█████████████████████████████


Silent Notary
The 1st Blockchain Notary Company in the World
Limited seats available
ScaryHash
Hero Member
*****
Offline Offline

Activity: 532
Merit: 501


View Profile
November 07, 2013, 02:37:23 AM
 #8

Just keep hashing ! Be happy !

Rival
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
November 07, 2013, 03:31:28 PM
 #9

Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.

You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.
Noruka
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


OPEN GAMING PLATFORM


View Profile
November 08, 2013, 01:15:20 PM
 #10

Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.

You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.

very true.
Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat.

Ain't gonna get any better anytime soon.

TheDragonSlayer
Sr. Member
****
Offline Offline

Activity: 274
Merit: 250


View Profile
November 08, 2013, 02:13:20 PM
 #11

Since now the price has when up, looks like miners can start making profit again.. hope it will last until the next difficulty hike..

mvidetto
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
November 08, 2013, 08:07:11 PM
 #12

Is it me or is difficulty starting to slow down?...
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
November 08, 2013, 08:12:40 PM
 #13

Is it me or is difficulty starting to slow down?...

only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more)
mrhelpful
Legendary
*
Offline Offline

Activity: 1400
Merit: 1002



View Profile
November 08, 2013, 10:52:23 PM
 #14

No its not slowing down. Theres more products..
rammy2k2
Legendary
*
Offline Offline

Activity: 1428
Merit: 1001


View Profile WWW
November 08, 2013, 11:02:40 PM
 #15

No its not slowing down. Theres more products..

yes there is slowing down, only 3% diff increase estimate so far Wink
mvidetto
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
November 09, 2013, 12:07:54 AM
 #16

Is it me or is difficulty starting to slow down?...

only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more)

You think it will be that much?  I feel like no one is even considering mining anymore because there are no gains left to be had.  But then again if they price it decently it may prove worthy to buy.  Speaking of does anyone know when they will be ready to ship them?
KGBSlim
Full Member
***
Offline Offline

Activity: 126
Merit: 100

CoinSlingin


View Profile
November 11, 2013, 04:20:01 PM
 #17

I believe shipping starts Friday!! Im in the last few thousand of the order chain. Crossing my fingers it isnt too late in November.....But I still dont believe Hashfast and Cointerra will even be remotely on time. I Expect end of January before those 2 start pushing out Rigs at the minimun, I could be wrong but by their weak updates that are never time relative, odds are they will be a while.

Tips - 16AbA3b2GRR37t6RasVJmoxXTGuGUE1PAP
FeedbackLoop
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
November 11, 2013, 04:22:59 PM
 #18

Is it me or is difficulty starting to slow down?...

only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more)

You think it will be that much?  I feel like no one is even considering mining anymore because there are no gains left to be had.  But then again if they price it decently it may prove worthy to buy.  Speaking of does anyone know when they will be ready to ship them?

Why is it that so many people assume that KNC will just trash their chips if no one buys the second batch?

lightfoot
Legendary
*
Offline Offline

Activity: 1540
Merit: 1019

I fix broken miners. And make holes in teeth :-)


View Profile
November 11, 2013, 04:25:39 PM
 #19

Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.

You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.

very true.
Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat.

Ain't gonna get any better anytime soon.
I was thinking about this: Everyone goes on about how much richer everyone would be if they had bought bitcoin instead of miners. However if that happened, bitcoin prices would have skyrocked, people would have bought less bitcoin, and as a result not as much money would have been made.

Hindsight is great, but as we all realize changes in plan can change the result. Difficulty was never "supposed" to go up like this, so why would bitcoin prices not have gone up the same way?

Make sense?

C
Badonkadonk
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
November 16, 2013, 09:32:15 AM
 #20

Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.

You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.

very true.
Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat.

Ain't gonna get any better anytime soon.
I was thinking about this: Everyone goes on about how much richer everyone would be if they had bought bitcoin instead of miners. However if that happened, bitcoin prices would have skyrocked, people would have bought less bitcoin, and as a result not as much money would have been made.

Hindsight is great, but as we all realize changes in plan can change the result. Difficulty was never "supposed" to go up like this, so why would bitcoin prices not have gone up the same way?

Make sense?

C



+100000000
finally someone that gets it Smiley

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!