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fullzero (OP)
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May 09, 2019, 12:19:28 PM
Last edit: November 02, 2024, 03:46:15 PM by fullzero
Merited by philipma1957 (3)
 #1

az

https://github.com/hartmanm How difficulty adjustment works: Every 2016 blocks, the Network adjusts the current difficulty to estimated difficulty in an attempt to keep the block generation time at 10 minutes or 600 seconds. Thus the Network re-targets the difficulty at a total difficulty time of:  2016 blocks * 10 minutes per block = 20160 minutes / 60 minutes = 336 hours / 24 hours = 14 days. When the Network hashrate is increasing; a difficulty ( 2016 blocks ) should take less than 14 days.  How much less can be estimated by comparing the % Network hashrate growth + what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ) against what the Network hashrate was at the beginning of the difficulty ( 2016 blocks ).  This is only an estimate because you cannot account for "luck"; but you can calculate reasonably well using explicitly delimited stochastic ranges. The easy way to think about this is to look at this graph and see how close to 0 the current data points are on its y axis.  If the blue line is above 0 the difficulty ( 2016 ) blocks should take less than 14 days; if it is below it should take more. http://bitcoin.sipa.be/growth-10k.png
ikicha
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May 09, 2019, 12:38:17 PM
 #2

If you want mine Ethereum base coin like ETH, ETC, PIRL, B2G many more or Cryptonight family, the best choice for gpu is Amd Rx 570 series. I recomended to bought Saphire or Asus type, 4 or 8GB is your choice.
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May 09, 2019, 03:16:46 PM
 #3

Just think if the price gets increase even more and more old miners will be interested to mine crypto again and that must be an unpredictable factor to make another adjustment to the difficulty in the network. that's why i was thinking for a twice before i did it. i have a plan to bought mining rig but after seeing how the difficulty adjustment work and i run MN and it's more profitable than mining. I can earn about $50 in a week. It consumes less than $1500 to be MN  Grin

But mining seems not too bad right now.

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philipma1957
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May 09, 2019, 03:49:00 PM
 #4

I gave op some merits and I want to mention  one different item  the psu is a 1000 watt gold from evga price is 139.99



this is an 850 watt psu  gold evga for only 69.99 after rebates  edit 7 to ship it so 77 after rebates

https://www.newegg.com/Product/Product.aspx?Item=N82E16817438061

if you want to start with 2 cards and grow to 5 cards it is a better choice as it is less up front money.


to op nice build.

My signature is for rent. Send me a pm
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