prediction on next diff increase?

[bjalbert]

A couple sites appear to be around 15%. I was hoping it would be less and with Antminer S2's hitting the market I don';t think this will change unless people stop hashing with old miners. opinions.

https://bitcoinwisdom.com/bitcoin/difficulty

[windpath]

21.55% is the straight average of the last 10 increases...

[Hypnoise]

64%  decrease at the moment

[roslinpl]

64%  decrease at the moment

what are you talking about? Decrease of what? 64% ?

[ionux]

It's going up - almost +17% now. 

[roslinpl]

It's going up - almost +17% now. 

Sure it is going up

This is bitcoin diff in most of cases it is going up

This is no FlappyCoin

[ChuckBuck]

This is a good thing considered all the 1 TH/s miners releasing onto the network, better than the over 20% jumps previously.

Still, we have yet to see BFL, KNC, BA, AsicMiner hit the network yet....

[nikolaz]

Of course it is going up... Global hash rate has increased by 11,000,000GH/s  - that is a whopping 36% increase since the last diff increment... All of these ASIC mining machine manufacturers are (Bitmain, KnC, etc... even the new comer Spondoolies-tech) are pre-mining with the hardware...

Example: That global hash rate is equal to:
- 11,000 Antminer S2
- 7,850 SP10
- 3,650 Neptune

This is a massive increase in terms of global hash rate and it will probably go up even further in the next fews days.

[smooth]

All of these ASIC mining machine manufacturers are (Bitmain, KnC, etc... even the new comer Spondoolies-tech) are pre-mining with the hardware...

Spondoolies claims they don't premine (much). They burn in each device for only 24 hours for charity (or for the buyer if on a hosting plan).

They are probably the most transparent of the miner companies, so they might actually be telling the truth.

The rest are probably premining.

[nikolaz]

All of these ASIC mining machine manufacturers are (Bitmain, KnC, etc... even the new comer Spondoolies-tech) are pre-mining with the hardware...

Spondoolies claims they don't premine (much). They burn in each device for only 24 hours for charity (or for the buyer if on a hosting plan).

They are probably the most transparent of the miner companies, so they might actually be telling the truth.

The rest are probably premining.

Unfortunately it is hard to trust any of these companies...

[jimmothy]

Someone is happening

[ujka]

64%  decrease at the moment

what are you talking about? Decrease of what? 64% ?

Jan, 1st - 10 Ph/s
Feb, 1st - 20 Ph/s    100% increase/month

Feb, 1st - 20 Ph/s
Mar, 1st - 30 Ph/s    50% increase/month

Mar, 1st - 30 Ph/s
Apr, 1st -?? 40 Ph/s   33% increase/month

[ajw7989]

I think it will increase 15-20% this one but next one when the antminers are in full operation it will go back to 25%

[smooth]

I think it will increase 15-20% this one but next one when the antminers are in full operation it will go back to 25%

I have to agree with the previous poster who said that anything shipping soon (with the possible exception of spondoolies) is very likely already mining on the network. The network hash rate will actually drop a bit while the units are in transit, and then return to where it was one they are received by customers

Predicting the future hash rate is an exercise in predicting future products and inventory, not (almost) current ones.

[nikolaz]

64%  decrease at the moment

what are you talking about? Decrease of what? 64% ?

Jan, 1st - 10 Ph/s
Feb, 1st - 20 Ph/s    100% increase/month

Feb, 1st - 20 Ph/s
Mar, 1st - 30 Ph/s    50% increase/month

Mar, 1st - 30 Ph/s
Apr, 1st -?? 40 Ph/s   33% increase/month

Mar, 13th - 30 Ph/s
Mar, 23rd 40 Ph/s   33% increase 10 days... not in a month...

[ujka]

Mar, 13th - 30 Ph/s

Yes, if we are looking at Difficulty, but not if we are looking at estimated 14 day average (purple line).
Then it's somewhare around 35 Ph/s.

Mar, 13th - 30 Ph/s
Mar, 23rd 40 Ph/s   33% increase 10 days... not in a month...

You are first (Mar, 13th) looking at difficulty, then (Mar, 23rd) at 3 day estimate.
Please, compare same kind of values.

[Lamber]

it should be 20%

[davejh]

A couple sites appear to be around 15%. I was hoping it would be less and with Antminer S2's hitting the market I don';t think this will change unless people stop hashing with old miners. opinions.

https://bitcoinwisdom.com/bitcoin/difficulty

I was looking at this a couple of weeks ago and for most of the last year the average hashing rate increase has held surprisingly steady. This rate has slowed a little in the last two months but I suspect that all of the 28 nm ASIC designs will actually see things jump back up. As an example, over the last few days it's pretty clear that some significant new capacity has hit the system.

http://hashingit.com/5-the-bitcoin-runaway-mine-train

[smooth]

A couple sites appear to be around 15%. I was hoping it would be less and with Antminer S2's hitting the market I don';t think this will change unless people stop hashing with old miners. opinions.

https://bitcoinwisdom.com/bitcoin/difficulty

I was looking at this a couple of weeks ago and for most of the last year the average hashing rate increase has held surprisingly steady. This rate has slowed a little in the last two months but I suspect that all of the 28 nm ASIC designs will actually see things jump back up. As an example, over the last few days it's pretty clear that some significant new capacity has hit the system.

http://hashingit.com/5-the-bitcoin-runaway-mine-train

The growth rate has not been at all steady. The graph on that block post is very misleading. Here is a better one:

http://bitcoin.sipa.be/growth.png

[nikolaz]

A couple sites appear to be around 15%. I was hoping it would be less and with Antminer S2's hitting the market I don';t think this will change unless people stop hashing with old miners. opinions.

https://bitcoinwisdom.com/bitcoin/difficulty

I was looking at this a couple of weeks ago and for most of the last year the average hashing rate increase has held surprisingly steady. This rate has slowed a little in the last two months but I suspect that all of the 28 nm ASIC designs will actually see things jump back up. As an example, over the last few days it's pretty clear that some significant new capacity has hit the system.

http://hashingit.com/5-the-bitcoin-runaway-mine-train

The growth rate has not been at all steady. The graph on that block post is very misleading. Here is a better one:

http://bitcoin.sipa.be/growth.png

From that graph you can see that it coincides with announcements from manufacturers...