Bitcoin Forum
May 07, 2024, 10:57:18 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Webpage idea: Next predicted difficulty change  (Read 8053 times)
satoshi (OP)
Founder
Sr. Member
*
qt
Offline Offline

Activity: 364
Merit: 6723


View Profile
July 31, 2010, 01:32:08 AM
Last edit: July 31, 2010, 02:27:34 PM by satoshi
 #1

It would be neat if someone had a page (like that handy calculator at http://www.alloscomp.com/bitcoin/calculator.php) that projects what the next difficulty adjustment will be.

projected difficulty adjustment multiplier =

 blocks_since_last_adjustment / 2016
 ------------------------------------
 time_since_last_adjustment / 14_days

For instance, if it already got half way to the next adjustment in only 3.5 days instead of 7, we would expect difficulty to double:

 (1008/2016) / (3.5/14) = 0.5/0.25 = 2.0

Also, it could show the predicted time when the next adjustment will occur, and tell when the last adjustment was and how much it changed.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
knightmb
Sr. Member
****
Offline Offline

Activity: 308
Merit: 258



View Profile WWW
July 31, 2010, 05:40:15 AM
 #2

Can you put it on the main site in a box somewhere, kind of a like a mini-dashboard?  Smiley

Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!