It is 2020 time for a new diff thread.

Quote from: philipma1957 on November 05, 2020, 02:29:39 PM

Dave you could use an s17 with a transformer

set to 980-1000 watts it would be okay with 120 volts.

That works too, but the overall cost for this project will likely be discouraging.

Back to the difficult discussion.

Latest Block:   655560 (15 minutes ago)
Current Pace:   103.8217% (361 / 347.71 expected, 13.29 ahead)
Previous Difficulty:   19997335994446.11
Current Difficulty:   16787779609932.66
Next Difficulty:   between 17007612224350 and 17480722806131
Next Difficulty Change:   between +1.3095% and +4.1277%
Previous Retarget:   last Tuesday at 10:17 AM (-16.0499%)
Next Retarget (earliest):   November 16, 2020 at 9:55 PM (in 11d 1h 40m 47s)
Next Retarget (latest):   November 17, 2020 at 6:15 AM (in 11d 10h 0m 54s)
Projected Epoch Length:   between 13d 11h 37m 54s and 13d 19h 58m 1s

We are about 3 days in and seems like we are keeping the difficulty at bay, with bitcoin price hanging around the 15k levels, I would be more than happy to see a difficulty increase of no more than 3% as I mentioned before, in fact, I will still be happy with 5% increase if the price remains above 14k.

at current prices and high transaction fees, even an S9 at 4 cents per Kwh still makes 0.7$ which is a lot for S9, many mining gears become profitable at this combination of low difficulty + high fees + high bitcoin price, this is why I am not even hoping for a drop if none of the two latest factors chances.

Yeah I think a 4-7% diff can happen. It depends if we go a lot over 16k which we did not do so far.

But if we go past 16k and stay we will jump somewhat higher than 7%.

It was announced yesterday/today, so I doubt anyone has it hands-on. Would love to see them in use as well, but we will have to wait.

mmm that new gear looks like my waiting was the right thing to do.

it can upgrade from

7nm to 5nm to 3nm to 1nm

it may be the final stage mining gear format.

Does anyone have any specs?

or is it vapor mining gear.

there must be some trial site somewhere where they are running them, esp those bigger mine farm.

I was hoping someone know someone, and could take some video of them in action.

That looks like the true form for industrial grade mining.

I wonder if Canaan and MicroBT will also come up with the same format.

Quote from: HagssFIN on November 08, 2020, 09:31:01 AM

That looks like the true form for industrial grade mining.

I wonder if Canaan and MicroBT will also come up with the same format.

remember a few years back when there was talk about reusable cases with built in fans/psu/controller with some sort of backplane you could just swap boards out for newer ones? it never really took off iirc. but now its grown up it seems. if the rack has all plug and play cooling and power, the backplane now is the rack and the bare miners are swapped out to upgrade.

these are true industrial with 3 phase wire maybe a minimum of 10k-watts

To keep from repeating things about the Antracks, ref my reply about it here In short - LONG overdue!

back to diff

right back at you is what comes to mind

Quote from: https://diff.cryptothis.com

Latest Block:   656225 (a few seconds ago)
Current Pace:   106.8617% (1026 / 960.12 expected, 65.88 ahead)
Previous Difficulty:   19997335994446.11
Current Difficulty:   16787779609932.66
Next Difficulty:   between 17661720828523 and 17958819563722
Next Difficulty Change:   between +5.2058% and +6.9755%
Previous Retarget:   last Tuesday at 3:17 AM (-16.0499%)
Next Retarget (earliest):   November 16, 2020 at 5:43 AM (in 6d 10h 24m 18s)
Next Retarget (latest):   November 16, 2020 at 10:55 AM (in 6d 15h 36m 28s)
Projected Epoch Length:   between 13d 2h 25m 30s and 13d 7h 37m 40s

we got back 6.86% as I type

price is good. 15,250. up from 13,632 on nov 3. about 11.8% price jump since Nov 3 jump.

I certainly will sign up for 6% in diff and 11% in price jump after jump.

We dropped a bit now.

Quote from: https://diff.cryptothis.com

Current Pace:   105.6012% (1138 / 1077.64 expected, 60.36 ahead)
Current Difficulty:   16787779609932.66
Next Difficulty:   between 17555080551474 and 17744923666082
Next Difficulty Change:   between +4.5706% and +5.7014%
Previous Retarget:   November 3, 2020 at 10:17 AM (-16.0499%)
Next Retarget (earliest):   Monday at 4:28 PM (in 5d 18h 34m 17s)
Next Retarget (latest):   Monday at 7:51 PM (in 5d 21h 57m 7s)

As I said in my previous post, I will be more than glad if we don't go past these levels, I mean look at this:

In mid-October we were at 19.9T difficulty and price at 11.5k, we are now up 30% in price, so even if we go back to the 19T level in difficulty, we are still good.

about 4.6% with a day or so left.

Quote from: https://diff.cryptothis.com

Latest Block:   657044 (14 minutes ago)
Current Pace:   104.6146% (1845 / 1763.62 expected, 81.38 ahead)
Previous Difficulty:   19997335994446.11
Current Difficulty:   16787779609932.66
Next Difficulty:   between 17566732395674 and 17572641232342
Next Difficulty Change:   between +4.6400% and +4.6752%
Previous Retarget:   November 3, 2020 at 3:17 AM (-16.0499%)
Next Retarget (earliest):   Tomorrow at 12:28 PM (in 1d 3h 14m 34s)
Next Retarget (latest):   Tomorrow at 12:35 PM (in 1d 3h 20m 58s)
Projected Epoch Length:   between 13d 9h 10m 44s and 13d 9h 17m 8s

price was 2020-11-03 13,632

price is 2020-11-14 15,982." the price numbers for nov3 and nov14 are from here https://bitcointalk.org/index.php?topic=138109.1320.

that is a 17.2% gain. as compare to diff moving 4.6%.

nice numbers.

These times are perfect for consolidating small inputs.

Last weekend was even better but this one works too. There has been a lot of blocks that haven't filled.

https://mempool.space/tx/f2e31db3239d2f0d355b3231945d7661eefabc2b7fc142be1a1238f8926bde68

1.0 sat/vB, circa 15$ usd fee for 99BTC consolidation.

Quote from: favebook on November 15, 2020, 03:36:46 PM

not sure this should be here. may need to be moved to another section. but it is good info.

The cryptodiff website is becoming so annoying and hard to browse with all those ads they have on it now, anyway, good for him to start profiting now, it has been a great difficulty analysis tool.

We are only hours away from the adjustment, 4.30% up is not something anyone should complain about given that we had a 16% drop in the previous epoch, now all eyes are on Xinjiang, if the lockdown is over then the next epoch will also be +% but this time it will be a bigger jump, if not then we should stay within the same range until December.

Quote from: https://diff.cryptothis.com

Next Difficulty:   between 17516969503046 and 17520710487495
Next Difficulty Change:   between +4.3436% and +4.3659%
Next Retarget (latest):   Tomorrow at 8:29 PM (in 0d 22h 35m 51s)

Quote from: philipma1957 on November 15, 2020, 04:50:10 PM

not sure this should be here. may need to be moved to another section. but it is good info.

It is affected by difficulty and hashrate directly. If we stay on same global hashrate with small difficulty increase, it will mean that we will be getting less blocks per day therefore higher fees. If hashrate drops a bit after diff increase, that will be even more noticeable in avg fees.

Fees are affected by hashrate/difficulty, although the demand for the transaction has a greater impact on the fees but still.

With that being said, I think what phill is trying to say is that the transaction fee is affected by difficulty and not the opposite, and based on that difficulty doesn't care about fees, and so it doesn't perfectly fit in this topic.

You both make sense, perhaps if we look at it from a different perspective we can actually keep it here. Less fees = less mining profitably = less hashrate = lower difficulty! , but since this is phill's topic, of course, he would do whatever he sees best.

was not sure so I left it.

as far as I am concerned it can stay.

So, we are back to 17.59T difficulty which was a 4.8% jump in difficulty from the last epoch, not much considering that we are above $17,000, man old gears became profitable again and are going to jump back in, also mining gears in china coming from the riversides to Xinjiang might make it in time, these two factors combined will easily trigger a large jump of at least 10-15% if they both remain active.

Interesting times ahead of us miners, we are making history.

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