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Author Topic: Mining Projections given the 25%+ diff increase expected this next week  (Read 866 times)
Und3rd0g (OP)
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June 26, 2014, 05:34:49 AM
 #1

Here is a URL to my Excel model assuming a 25% difficulty increase in the next few days.  https://drive.google.com/folderview?id=0B1DkFD-cfVr4Z080SHZlTGctZnc&usp=sharing



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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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taipo
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June 26, 2014, 06:45:31 AM
Last edit: June 26, 2014, 09:00:28 AM by taipo
 #2

Sounds about right. Antpool is no longer showing on https://blockchain.info/pools?timespan=24hrs indicating it is offline with its 5 PH.

So that appears to have caused a drop in the projected 28-29% leap this time round.

Edit: its back again.

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June 26, 2014, 09:58:21 AM
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A good luck run on a large pool like Ghash could also shave 1/2 a day off the time and bring us close to 30%.  Either way it will be brutal
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June 26, 2014, 07:54:52 PM
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I expect anyone with a BFL miner will be turning it off in 2 days. Avalons are already long gone. KNC, Hashfast, Bitfury are still around for now... but maybe not for long.

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June 26, 2014, 08:52:02 PM
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I expect anyone with a BFL miner will be turning it off in 2 days. Avalons are already long gone. KNC, Hashfast, Bitfury are still around for now... but maybe not for long.



If the older gen mines were being hosted or in some location that was space critical they might have been shut off earlier. I had my Avalon and BFLs returned last month since their minimal profit didn't warrant the hosting fees any longer.
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