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Author Topic: 2022 Diff thread.  (Read 9877 times)
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philipma1957 (OP)
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December 18, 2022, 06:52:53 PM
Last edit: December 18, 2022, 07:18:19 PM by philipma1957
 #521

So I seen you can buy into late 2023 Bitmain can load of hydro future's like low $20's.   Not exactly inspiring.

actually senseless pricing.

new bitmain firmware will drop s19 to 25 watts. and used s19 goes for about 1200 usd.

Quote

Could you expand on the bitmain firmware that will bring a s19 down to 25 watts?   Like factory firmware?

bitmain is to release new firmware on dec 20th

it is supposed to change a 29.5 watt per th s19pro to a 25.5 watt per th  s19pro.

I will do a thread on this firmware.

I just got a test s19 pro it does 101th.

I have multiple versions of s19 pros

a 110th model this one is a s19 pro
a 104th model this one is a s19j pro
a 100th model this one is a s19 pro

i also have two s19 95th models

so four different models to test.

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December 18, 2022, 11:42:25 PM
 #522

Quote
https://www.bitrawr.com/difficulty-estimator


Latest Block:   767997  (20 minutes ago)

Current Pace:   103.1560%  (1918 / 1859.32 expected, 58.68 ahead)

Previous Difficulty:   36950494067222.41                           
Current Difficulty:   34244331613176.18                           
Next Difficulty:   between 35328119158679 and 35330767702128
Next Difficulty Change:   between +3.1649% and +3.1726%
Previous Retarget:   December 5, 2022 at 8:47 PM  (-7.3238%)
Next Retarget (earliest):   Tomorrow at 10:30 AM  (in 0d 15h 50m 1s)
Next Retarget (latest):   Tomorrow at 10:32 AM  (in 0d 15h 51m 28s)
Projected Epoch Length:   between 13d 13h 43m 12s and 13d 13h 44m 39s
Copy stats to clipboard




some time  on monday

and I guess + 2.7 to 3.4%

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December 19, 2022, 03:33:56 PM
 #523

Quote
Current Pace:   100.0000%  (0 / 0.21 expected, 0.21 behind)
Previous Difficulty:   undefined                                    
Next Difficulty Change:   between +0.0000% and +0.0000%
Previous Retarget:   Today at 5:12 PM  (NaN%)

I finally managed to hit the time before the fits block,I was always missing it by 1 or 2 even when setting a reminder to check it, but I failed to get the results before the block to see the spread between he last-minute estimations and the actual difficulty.
And after a quick refresh:


Quote
Current Pace:   147.3640%  (1 / 0.68 expected, 0.32 ahead)  <loool  Grin
Previous Retarget:   Today at 5:12 PM  (+3.2698%)

So only 3.2 not that bad, compared to what could have happened but for once I was nearly sure it won't be that damn 7% to bring us to an ATH.
But if we hoped that some will go out of business due to losses, as always, there is somebody eager to throw millions at some mining farm that is barely staying alive, so if you already have thrown 40 million down the drain in this business why not immediately throw another $40 million and have another $32 ready in case it still keeps losing money, they've lost $2.1 million with Celsius but they need $72 overall just to stay afloat, something fishy is happening there.
https://cointelegraph.com/news/creditor-offers-bitcoin-miner-core-scientific-72m-to-avoid-bankruptcy

And speaking of Bitmain and its firmware, what's up with all the versions of the xp?
November batch (sold out)> 141T 3031.5W 21.5J/T
December spot (ready to ship) >134T 2881W 21.5J/T
January 2023 pre-orders>140T 3010W 21.5J/T
Funny how they played with the numbers but always managed to keep the pricing at $46/T.

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December 19, 2022, 05:08:43 PM
 #524

Quote
Current Pace:   100.0000%  (0 / 0.21 expected, 0.21 behind)
Previous Difficulty:   undefined                                    
Next Difficulty Change:   between +0.0000% and +0.0000%
Previous Retarget:   Today at 5:12 PM  (NaN%)

I finally managed to hit the time before the fits block,I was always missing it by 1 or 2 even when setting a reminder to check it, but I failed to get the results before the block to see the spread between he last-minute estimations and the actual difficulty.
And after a quick refresh:


Quote
Current Pace:   147.3640%  (1 / 0.68 expected, 0.32 ahead)  <loool  Grin
Previous Retarget:   Today at 5:12 PM  (+3.2698%)

So only 3.2 not that bad, compared to what could have happened but for once I was nearly sure it won't be that damn 7% to bring us to an ATH.
But if we hoped that some will go out of business due to losses, as always, there is somebody eager to throw millions at some mining farm that is barely staying alive, so if you already have thrown 40 million down the drain in this business why not immediately throw another $40 million and have another $32 ready in case it still keeps losing money, they've lost $2.1 million with Celsius but they need $72 overall just to stay afloat, something fishy is happening there.
https://cointelegraph.com/news/creditor-offers-bitcoin-miner-core-scientific-72m-to-avoid-bankruptcy

And speaking of Bitmain and its firmware, what's up with all the versions of the xp?
November batch (sold out)> 141T 3031.5W 21.5J/T
December spot (ready to ship) >134T 2881W 21.5J/T
January 2023 pre-orders>140T 3010W 21.5J/T
Funny how they played with the numbers but always managed to keep the pricing at $46/T.

Why pay 46/t to get 21.5 watts

you can pay 20/t to get 25.5 watts.
I just got a new s19 pro for 2 k and in 2 days new firmware should drop power from 2950 to 2550 watts.

This reminds me when Bitmain issued s9 firmware to drop efficiency from 100 watts/th to 80 watts/th.

A strong difference in price between the s19 pro and the s19 xp  is a bit wierd.

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December 19, 2022, 06:21:09 PM
 #525

Why pay 46/t to get 21.5 watts
you can pay 20/t to get 25.5 watts.

Hmm, let's ignore the firmware upgrade that makes it 29 per TH for the standard pro model that was on sale (currently sold out), so for $4214 extra you get 34 extra TH and 100 fewer watts, simplifying stuff, let's make it 40 extra th for the same power draw.

To match the pro, each of that TH would need to make ~100$ at free power, viabtc shows ≈ $ 0.0576, so if this keeps up you need 2000 days for the XP to catch the pro for on-sale versions, firmware upgrade it might be less or let's see actual numbers, it might be more.
With dirt-cheap power, the xp makes little sense, ROI with free is 800 days vs 390, with expensive 8-10 cents energy mining itself doesn't make sense.

So, beats me why would anyone pay that much when for example at the same efficiency but double the hash the 250 hydro sells for 9000 vs 6000.






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December 19, 2022, 07:25:38 PM
 #526

Why pay 46/t to get 21.5 watts
you can pay 20/t to get 25.5 watts.

Hmm, let's ignore the firmware upgrade that makes it 29 per TH for the standard pro model that was on sale (currently sold out), so for $4214 extra you get 34 extra TH and 100 fewer watts, simplifying stuff, let's make it 40 extra th for the same power draw.

To match the pro, each of that TH would need to make ~100$ at free power, viabtc shows ≈ $ 0.0576, so if this keeps up you need 2000 days for the XP to catch the pro for on-sale versions, firmware upgrade it might be less or let's see actual numbers, it might be more.
With dirt-cheap power, the xp makes little sense, ROI with free is 800 days vs 390, with expensive 8-10 cents energy mining itself doesn't make sense.

So, beats me why would anyone pay that much when for example at the same efficiency but double the hash the 250 hydro sells for 9000 vs 6000.







Well all the hydros want big orders 188 units or more.

They also expect that you buy the cooling tower.

So they all involve 200000 usd or more.

And the cooling tower is not for sale.

now I have found a few cooling containers' on other websites.

https://www.viperatech.com/product/bitmain-antbox-h3-v2-liquid-cooling-container/

115000 or free if you buy 195 miners at  4200 euro.


but they are will to sell you a loose unit for 7800 euro .  this means you need to figure out how to cool it.

Right now the Best Buy if you are in USA is a s19 pro for about 2000 there are a few good resellers.

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December 20, 2022, 12:57:31 AM
 #527

...
I finally managed to hit the time before the fits block,I was always missing it by 1 or 2 even when setting a reminder to check it, but I failed to get the results before the block to see the spread between he last-minute estimations and the actual difficulty.
...
If you are generating work then:
The difficulty changes when the block before is found
i.e. everyone working to find block 768096 knew the new value once 768095 fouind,
coz that's what the block they are looking for, 768096, has to be.

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December 20, 2022, 04:34:15 AM
Merited by mikeywith (4), vapourminer (2)
 #528

Big arctic freeze in Texas Dec 22-26.
https://twitter.com/altair_tech/status/1605047657289990146
ERCOT is expected to see a sharp spike in electricity demand which might mean the miners have to curtail use?
I'll take the difficulty drop. Cool



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December 20, 2022, 09:53:06 PM
Merited by vapourminer (1)
 #529

So it seems like my previous guess of starting the new epoch with a very low pace is coming true, the hashrate that left in the last 2-3 days of the previous epoch was pretty huge, and so far we have these numbers.

Quote
Latest Block:   768267  (a minute ago)
Current Pace:   94.2071%  (172 / 182.58 expected, 10.58 behind)
Previous Difficulty:   34244331613176.18                           
Current Difficulty:   35364065900457.12                           
Next Difficulty:   between 33421016879962 and 35031363575342
Next Difficulty Change:   between -5.4944% and -0.9408%
Previous Retarget:   Yesterday at 5:12 PM  (+3.2698%)
Next Retarget (earliest):   January 2, 2023 at 8:34 PM  (in 12d 20h 56m 44s)
Next Retarget (latest):   January 3, 2023 at 1:51 PM  (in 13d 14h 13m 53s)
Projected Epoch Length:   between 14d 3h 22m 30s and 14d 20h 39m 39s

I think it's fair to assume a 3% drop in difficulty for this epoch, something to wipe out that unstained hashrate that caused the last 3% increase.

Looking at the profitability chart, it's a lot worse than the price chart, a year ago, the profitability per th was 0.25$, now it's only 0.056$, that's a 77% drop. In fact, the highest we had during the top phase was 0.45$ per th (when many people were paying 15k for S19s), it's now 87% lower, in terms of price it's just 75%, and the difficulty increase is responsible for the loss difference.

We are only 14-15 months away from the next halving, all miners are in a race against time, and some spectacular events need to happen to save the day, if we don't go above 50k before the halving, man, many if not most of those large players will be liquidated, assuming they manage to survive till then in the first place.

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December 21, 2022, 03:27:09 AM
 #530

Quote
https://www.bitrawr.com/difficulty-estimator ...

Latest Block:   768298  (18 minutes ago)

Current Pace:   93.3946%  (203 / 217.36 expected, 14.36 behind)

Previous Difficulty:   34244331613176.18                           
Current Difficulty:   35364065900457.12                           
Next Difficulty:   between 33115975912554 and 34910817272580
Next Difficulty Change:   between -6.3570% and -1.2817%
Previous Retarget:   Yesterday at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   January 2, 2023 at 2:44 PM  (in 12d 16h 19m 7s)
Next Retarget (latest):   January 3, 2023 at 9:58 AM  (in 13d 11h 32m 15s)
Projected Epoch Length:   between 14d 4h 32m 41s and 14d 23h 45m 50s
Copy stats to clipboard...



1/10 of the way in and 14.36 behind.

so very early.



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December 23, 2022, 07:03:08 PM
Merited by vapourminer (1)
 #531

I don't get this kind of thing, Texas is full of gas and oil and relies on electricity for heating, we don't have gas and oil and we rely on gas for heating, and in Siberia, they rely mainly on central heating having entire towns not connected to the gas network.
Who planned this s***!

So, before the blast hits, after Core declared bankruptcy,  Greenidge is next in line, NYDIG will basically purchase 2/3 of their machine and give them some extra money till next year, turning them from a mining farm to almost a hosting company and they will probably get suspended from NASDAQ too as they shares have gone well beyond $1 to 25 cents, from $18 a year ago.

Quote
Under the deal, which is currently in the form of a non-binding term sheet, NYDIG will purchase 2.8 exahash per second (EH/s) worth of Greenidge's bitcoin mining machines, and extinguish $57 million to $68 million of the debt. That will leave Greenidge with 1.2 EH/s of machines, and the miner will also pledge the rest of its unencumbered assets to secure the rest of the loan, which will be somewhere between $6 million to $17 million.

And mentioning Core, how nice of them, even being bankrupt they still plan to help:
https://twitter.com/Core_Scientific/status/1606325456688422918

Quote
Latest Block:   768665  (a few seconds ago)
Current Pace:   95.2601%  (570 / 598.36 expected, 28.36 behind)
Next Difficulty Change:   between -4.6480% and -2.3121%



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December 23, 2022, 07:25:49 PM
 #532

I don't get this kind of thing, Texas is full of gas and oil and relies on electricity for heating, we don't have gas and oil and we rely on gas for heating, and in Siberia, they rely mainly on central heating having entire towns not connected to the gas network.
Who planned this s***!

So, before the blast hits, after Core declared bankruptcy,  Greenidge is next in line, NYDIG will basically purchase 2/3 of their machine and give them some extra money till next year, turning them from a mining farm to almost a hosting company and they will probably get suspended from NASDAQ too as they shares have gone well beyond $1 to 25 cents, from $18 a year ago.

Quote
Under the deal, which is currently in the form of a non-binding term sheet, NYDIG will purchase 2.8 exahash per second (EH/s) worth of Greenidge's bitcoin mining machines, and extinguish $57 million to $68 million of the debt. That will leave Greenidge with 1.2 EH/s of machines, and the miner will also pledge the rest of its unencumbered assets to secure the rest of the loan, which will be somewhere between $6 million to $17 million.

And mentioning Core, how nice of them, even being bankrupt they still plan to help:
https://twitter.com/Core_Scientific/status/1606325456688422918

Quote
Latest Block:   768665  (a few seconds ago)
Current Pace:   95.2601%  (570 / 598.36 expected, 28.36 behind)
Next Difficulty Change:   between -4.6480% and -2.3121%




In every case it allows the powers to be to freeze out well over 60% of its people. SO it seems pretty well planned to me.

I would guess you can have 5 or more acres and two large propane tanks. This allows you a 2 year supply of fuel.

It allows means you have a nice explosion risk with that much propane.

Fireplaces can be helpful in an emergency. It is pretty easy to store a few cords of wood. Even if you only have a 1/2 acre of land you can store a lot of cut wood.

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December 23, 2022, 07:33:28 PM
Merited by vapourminer (2)
 #533

I don't get this kind of thing, Texas is full of gas and oil and relies on electricity for heating, we don't have gas and oil and we rely on gas for heating, and in Siberia, they rely mainly on central heating having entire towns not connected to the gas network.
Who planned this s***!

So, before the blast hits, after Core declared bankruptcy,  Greenidge is next in line, NYDIG will basically purchase 2/3 of their machine and give them some extra money till next year, turning them from a mining farm to almost a hosting company and they will probably get suspended from NASDAQ too as they shares have gone well beyond $1 to 25 cents, from $18 a year ago.

Quote
Under the deal, which is currently in the form of a non-binding term sheet, NYDIG will purchase 2.8 exahash per second (EH/s) worth of Greenidge's bitcoin mining machines, and extinguish $57 million to $68 million of the debt. That will leave Greenidge with 1.2 EH/s of machines, and the miner will also pledge the rest of its unencumbered assets to secure the rest of the loan, which will be somewhere between $6 million to $17 million.

And mentioning Core, how nice of them, even being bankrupt they still plan to help:
https://twitter.com/Core_Scientific/status/1606325456688422918

Quote
Latest Block:   768665  (a few seconds ago)
Current Pace:   95.2601%  (570 / 598.36 expected, 28.36 behind)
Next Difficulty Change:   between -4.6480% and -2.3121%




I think the bigger problem with ERCOT is that as an ISO, it is isolated from other grid interconnections.

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December 23, 2022, 09:30:24 PM
 #534

I don't get this kind of thing, Texas is full of gas and oil and relies on electricity for heating, we don't have gas and oil and we rely on gas for heating, and in Siberia, they rely mainly on central heating having entire towns not connected to the gas network.
Who planned this s***!

So, before the blast hits, after Core declared bankruptcy,  Greenidge is next in line, NYDIG will basically purchase 2/3 of their machine and give them some extra money till next year, turning them from a mining farm to almost a hosting company and they will probably get suspended from NASDAQ too as they shares have gone well beyond $1 to 25 cents, from $18 a year ago.

Quote
Under the deal, which is currently in the form of a non-binding term sheet, NYDIG will purchase 2.8 exahash per second (EH/s) worth of Greenidge's bitcoin mining machines, and extinguish $57 million to $68 million of the debt. That will leave Greenidge with 1.2 EH/s of machines, and the miner will also pledge the rest of its unencumbered assets to secure the rest of the loan, which will be somewhere between $6 million to $17 million.

And mentioning Core, how nice of them, even being bankrupt they still plan to help:
https://twitter.com/Core_Scientific/status/1606325456688422918

Quote
Latest Block:   768665  (a few seconds ago)
Current Pace:   95.2601%  (570 / 598.36 expected, 28.36 behind)
Next Difficulty Change:   between -4.6480% and -2.3121%




I think the bigger problem with ERCOT is that as an ISO, it is isolated from other grid interconnections.



Pros and cons to isolating from rest of country last year we saw a shit ton of cons'   And the leadership should have been jailed for failing to cold proof the systems.

they were not jailed so it got cold lets see if they fixed their shit.

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December 25, 2022, 04:20:42 PM
 #535

Merry Christmas!!



Quote

https://www.bitrawr.com/difficulty-estimator

...

Latest Block:   768879  (32 minutes ago)
Current Pace:   90.0211%  (784 / 870.91 expected, 86.91 behind)
Previous Difficulty:   34244331613176.18                            
Current Difficulty:   35364065900457.12                            
Next Difficulty:   between 31856206087395 and 33081691380605
Next Difficulty Change:   between -9.9193% and -6.4539%
Previous Retarget:   last Monday at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   January 3, 2023 at 9:32 AM  (in 8d 22h 11m 5s)
Next Retarget (latest):   January 3, 2023 at 11:26 PM  (in 9d 12h 5m 41s)
Projected Epoch Length:   between 14d 23h 20m 10s and 15d 13h 14m 45s
Copy stats to clipboard

...



Big drop over last day and 3/4.

we did 214 blocks and should have done 272 blocks


214/272 = 21.33 % drop off

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December 25, 2022, 10:55:46 PM
 #536

And mentioning Core, how nice of them, even being bankrupt they still plan to help:

Well, it doesn't matter anymore, does it? they also said they would keep their miners running while undergoing the bankruptcy process, I think they are filing for chapter 11 bankruptcy, which means they simply are not going to pay the lenders according to plan, no signs of giving up and total liquation yet, I won't be surprised if they get more funds from someone else.


Anyway, the current status :

Quote
Latest Block:   768910  (6 minutes ago)
Current Pace:   89.5406%  (815 / 910.20 expected, 95.2 behind)
Previous Difficulty:   34244331613176.18                           
Current Difficulty:   35364065900457.12                           
Next Difficulty:   between 31685273931422 and 32899899935764
Next Difficulty Change:   between -10.4026% and -6.9680%
Previous Retarget:   December 19, 2022 at 5:12 PM  (+3.2698%)
Next Retarget (earliest):   January 3, 2023 at 6:31 PM  (in 8d 17h 37m 8s)
Next Retarget (latest):   January 4, 2023 at 8:27 AM  (in 9d 7h 32m 54s)
Projected Epoch Length:   between 15d 1h 19m 9s and 15d 15h 14m 55s

A good part of it probably due to the extreme weather in the U.S, the pace will likely pick up once this is over, but sure thing is, no positive adjustment.

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December 28, 2022, 03:52:19 AM
 #537

Quote
https://www.bitrawr.com/difficulty-estimator


Latest Block:   769195  (8 minutes ago)

Current Pace:   89.5809%  (1100 / 1227.94 expected, 127.94 behind)

Previous Difficulty:   34244331613176.18                            
Current Difficulty:   35364065900457.12                            
Next Difficulty:   between 31694346291721 and 32388199153975
Next Difficulty Change:   between -10.3770% and -8.4149%
Previous Retarget:   December 19, 2022 at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   January 3, 2023 at 5:12 PM  (in 6d 18h 21m 18s)
Next Retarget (latest):   January 4, 2023 at 1:16 AM  (in 7d 2h 25m 23s)
Projected Epoch Length:   between 15d 7h 0m 42s and 15d 15h 4m 47s
Copy stats to clipboard


so we are now 128 behind

we should have done 318 blocks since Mikey posted we did

285

so 318/285 = 1.1157-1 or 11.57% off the pace over the last 2.2 days

or 89.5406% turned into 89.5809%

at this rate 31.4 t could be new diff

BTC price is under heavy pressure.

The rare price follows diff move could be developing.

Last time was when china cut miners off 40-50% and diff tanking was followed by price tanking.

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December 28, 2022, 03:24:35 PM
Merited by vapourminer (2)
 #538

Yesterday I took a quick look over at blockchair and it was showing ~120 blocks in the last 24 hours, now it's back to 146, with the storm almost gone I think as I see the worst hit town Buffalo is seeing only positive temperatures (Celsius) probably we're going back to normal or whatever we can call normal these days.

The current pace is -10%, sure good news for miners but for some, lol  Grin, not quite enough.

Taking into account that even with all the possible discounts and bulk rates keeping all the miners active I would end up paying for them a consolidated 14 cents per kwh from around the 5-6th of January I will shut down all but two of them that I have moved in the main basement already before Christmas.
So, it's going to be cleaning, packing, and probably most likely selling for BTC (I already feel bad for the guy who is taking over), do a bit of not so honest accounting, and declaring myself happy with the outcome depending on how I juggle with BTC vs Euro profits.   Grin
The most amazing thing is that I try to be sad about it but I feel more relieved than sad, looking back, man that was a pain in the ass! Funny at times, exciting, but a pain in the ass nevertheless.

In other non news,
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
They keep throwing money at those businesses faster than at the best stripper club in town!

Anyhow, a late Merry Christmas, and Happy Holidays to everyone, and I guess we'll move to a relaxed  Cool 2023 topic?

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..PLAY NOW..
philipma1957 (OP)
Legendary
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Activity: 4312
Merit: 8873


'The right to privacy matters'


View Profile WWW
December 30, 2022, 10:14:07 PM
 #539

Yesterday I took a quick look over at blockchair and it was showing ~120 blocks in the last 24 hours, now it's back to 146, with the storm almost gone I think as I see the worst hit town Buffalo is seeing only positive temperatures (Celsius) probably we're going back to normal or whatever we can call normal these days.

The current pace is -10%, sure good news for miners but for some, lol  Grin, not quite enough.

Taking into account that even with all the possible discounts and bulk rates keeping all the miners active I would end up paying for them a consolidated 14 cents per kwh from around the 5-6th of January I will shut down all but two of them that I have moved in the main basement already before Christmas.
So, it's going to be cleaning, packing, and probably most likely selling for BTC (I already feel bad for the guy who is taking over), do a bit of not so honest accounting, and declaring myself happy with the outcome depending on how I juggle with BTC vs Euro profits.   Grin
The most amazing thing is that I try to be sad about it but I feel more relieved than sad, looking back, man that was a pain in the ass! Funny at times, exciting, but a pain in the ass nevertheless.

In other non news,
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
They keep throwing money at those businesses faster than at the best stripper club in town!

Anyhow, a late Merry Christmas, and Happy Holidays to everyone, and I guess we'll move to a relaxed  Cool 2023 topic?


Yep we will open the 2023 thread and shut this one down very soon.



Quote
https://www.bitrawr.com/difficulty-estimator


Latest Block:   769614  (4 minutes ago)

Current Pace:   93.4181%  (1519 / 1626.02 expected, 107.02 behind)

Previous Difficulty:   34244331613176.18                            
Current Difficulty:   35364065900457.12                            
Next Difficulty:   between 33048145761138 and 33180206033480
Next Difficulty Change:   between -6.5488% and -6.1754%
Previous Retarget:   December 19, 2022 at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   Tuesday at 8:26 AM  (in 3d 15h 13m 50s)
Next Retarget (latest):   Tuesday at 9:52 AM  (in 3d 16h 40m 10s)
Projected Epoch Length:   between 14d 22h 14m 4s and 14d 23h 40m 24s
Copy stats to clipboard


496 blocks left to next jump.

We are almost done for this year maybe 150 block or so will finish this year.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
philipma1957 (OP)
Legendary
*
Offline Offline

Activity: 4312
Merit: 8873


'The right to privacy matters'


View Profile WWW
December 31, 2022, 08:12:10 PM
 #540

Yesterday I took a quick look over at blockchair and it was showing ~120 blocks in the last 24 hours, now it's back to 146, with the storm almost gone I think as I see the worst hit town Buffalo is seeing only positive temperatures (Celsius) probably we're going back to normal or whatever we can call normal these days.

The current pace is -10%, sure good news for miners but for some, lol  Grin, not quite enough.

Taking into account that even with all the possible discounts and bulk rates keeping all the miners active I would end up paying for them a consolidated 14 cents per kwh from around the 5-6th of January I will shut down all but two of them that I have moved in the main basement already before Christmas.
So, it's going to be cleaning, packing, and probably most likely selling for BTC (I already feel bad for the guy who is taking over), do a bit of not so honest accounting, and declaring myself happy with the outcome depending on how I juggle with BTC vs Euro profits.   Grin
The most amazing thing is that I try to be sad about it but I feel more relieved than sad, looking back, man that was a pain in the ass! Funny at times, exciting, but a pain in the ass nevertheless.

In other non news,
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
They keep throwing money at those businesses faster than at the best stripper club in town!

Anyhow, a late Merry Christmas, and Happy Holidays to everyone, and I guess we'll move to a relaxed  Cool 2023 topic?


Yep we will open the 2023 thread and shut this one down very soon.



Quote
https://www.bitrawr.com/difficulty-estimator


Latest Block:   769614  (4 minutes ago)

Current Pace:   93.4181%  (1519 / 1626.02 expected, 107.02 behind)

Previous Difficulty:   34244331613176.18                            
Current Difficulty:   35364065900457.12                            
Next Difficulty:   between 33048145761138 and 33180206033480
Next Difficulty Change:   between -6.5488% and -6.1754%
Previous Retarget:   December 19, 2022 at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   Tuesday at 8:26 AM  (in 3d 15h 13m 50s)
Next Retarget (latest):   Tuesday at 9:52 AM  (in 3d 16h 40m 10s)
Projected Epoch Length:   between 14d 22h 14m 4s and 14d 23h 40m 24s
Copy stats to clipboard


496 blocks left to next jump.

We are almost done for this year maybe 150 block or so will finish this year.


Strong move with gear.

Quote
https://www.bitrawr.com/difficulty-estimator


Latest Block:   769770  (3 minutes ago)

Current Pace:   95.2871%  (1675 / 1757.85 expected, 82.85 behind)

Previous Difficulty:   34244331613176.18                            
Current Difficulty:   35364065900457.12                            
Next Difficulty:   between 33708454496746 and 33753665574869
Next Difficulty Change:   between -4.6816% and -4.5538%
Previous Retarget:   December 19, 2022 at 10:12 AM  (+3.2698%)
Next Retarget (earliest):   Tuesday at 2:20 AM  (in 2d 11h 10m 7s)
Next Retarget (latest):   Tuesday at 2:49 AM  (in 2d 11h 38m 39s)
Projected Epoch Length:   between 14d 16h 8m 35s and 14d 16h 37m 6s
Copy stats to clipboard



we made up 25 blocks in under 24 hours.



We did 156 blocks in only 21 hours pretty impressed.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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