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Author Topic: difficulty jumped another 14.6%  (Read 1548 times)
iglasses
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May 01, 2014, 12:10:32 PM
 #21
speakeron totally agree but right now we are 220 blocks into this run and block generation is only at 9.9 and network hashrate is actually very slightly LOWER than it was at the last diff. change so that alone is unusual.
Hey a guy can dream right?
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mikerbiker6
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May 01, 2014, 12:11:40 PM
 #22
Let's see who taps out first haha. Enjoy the ride down. Grin

Don't get me wrong, I like bitcoin and mining it,  but 2014 is going to suck for miners.
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tins
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May 01, 2014, 12:12:38 PM
 #23
Quote from: mikerbiker6 on May 01, 2014, 12:11:40 PM
Let's see who taps out first haha. Enjoy the ride down. Grin

Don't get me wrong, I like bitcoin and mining it,  but 2014 is going to suck for miners.


going to?
It has been rough already.  Undecided
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May 01, 2014, 12:14:03 PM
 #24
Quote from: iglasses on April 30, 2014, 07:00:56 PM
1 block: 10.1 minutes

Diff just changed but this is the first time I have ever seen block generation north of the magic ten minute mark.  Maybe good news for miners??

I saw a +50 min block last week - it do happen.
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Abdussamad
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May 02, 2014, 12:35:00 AM
 #25
Quote from: TookDk on May 01, 2014, 12:14:03 PM
Quote from: iglasses on April 30, 2014, 07:00:56 PM
1 block: 10.1 minutes

Diff just changed but this is the first time I have ever seen block generation north of the magic ten minute mark.  Maybe good news for miners??

I saw a +50 min block last week - it do happen.

There have been blocks that have been found seconds apart and there have been blocks that have been hours apart. The software tries to enforce an average of 10 minutes. It doesn't guarantee that every block will be found 10 minutes after the previous one.
Mobius7
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May 02, 2014, 12:40:28 AM
 #26
Quote from: Abdussamad on May 02, 2014, 12:35:00 AM
Quote from: TookDk on May 01, 2014, 12:14:03 PM
Quote from: iglasses on April 30, 2014, 07:00:56 PM
1 block: 10.1 minutes

Diff just changed but this is the first time I have ever seen block generation north of the magic ten minute mark.  Maybe good news for miners??

I saw a +50 min block last week - it do happen.

There have been blocks that have been found seconds apart and there have been blocks that have been hours apart. The software tries to enforce an average of 10 minutes. It doesn't guarantee that every block will be found 10 minutes after the previous one.

Exactly. I personally have seen 6 blocks in 10 minutes and have seen no block in 2 hours lol. Cheesy
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May 02, 2014, 08:17:29 AM
 #27
Quote from: Mobius7 on May 02, 2014, 12:40:28 AM
Exactly. I personally have seen 6 blocks in 10 minutes and have seen no block in 2 hours lol. Cheesy
Variations are normal. We're still on track with block generation, a bit faster than expected though.
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