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Author Topic: Next difficulty increase or decrease?  (Read 925 times)
mute20
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August 23, 2011, 06:37:26 PM
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I am gonna take a guess and say it will increase. Not by much maybe by 30000. What do you think will happen?
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August 23, 2011, 07:10:44 PM
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<gribble> Current Blocks: 142295 | Current Difficulty: 1805700.8361937 | Next Difficulty At Block: 143135 | Next Difficulty In: 840 blocks | Next Difficulty In About: 5 days, 12 hours, 46 minutes, and 0 seconds | Next Difficulty Estimate: 1889494.31183074

<gribble> 4.64049603109 % estimated difficulty change this period

i'm thinking it could go higher as ppl come back from other *coins and there are still (believe it or not) ppl adding mining hardware to the network.

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silverchair
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August 24, 2011, 02:36:26 AM
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<gribble> Current Blocks: 142295 | Current Difficulty: 1805700.8361937 | Next Difficulty At Block: 143135 | Next Difficulty In: 840 blocks | Next Difficulty In About: 5 days, 12 hours, 46 minutes, and 0 seconds | Next Difficulty Estimate: 1889494.31183074

<gribble> 4.64049603109 % estimated difficulty change this period

i'm thinking it could go higher as ppl come back from other *coins and there are still (believe it or not) ppl adding mining hardware to the network.

So it will increase  Smiley

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mute20
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August 24, 2011, 07:20:23 PM
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Seems like a big difference on bitcoincharts today

Difficulty   1806098
Estimated   1808869 in 713 blks
rotrott
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August 24, 2011, 09:54:57 PM
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Are these spikes caused by variance in solving blocks or are they actually caused by adding and taking away network hashes?  It seems strange that 3 thash would be added and taken away in just a few days...
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August 24, 2011, 10:02:12 PM
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Every time a new coin comes out around 1 - 2 TH moves around. If another coin is more profitable, a TH or 2 might go to that coin as well.

Luck also plays a factor, but a lot of mining power has been moving around back and forth with the new coins.
geek-trader
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August 24, 2011, 10:21:25 PM
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Well, as a bitcoin miner that stays in bitcoin, keep the stupidcoins coming!  Grin

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