Bitcoin Forum
October 20, 2021, 11:33:43 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Next diff increase 3% (in 50 minutes)  (Read 1778 times)
cozk
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500



View Profile
July 12, 2014, 09:38:13 PM
 #1

Last one was 25% and this one is 3%

Any theory ?
1634729623
Hero Member
*
Offline Offline

Posts: 1634729623

View Profile Personal Message (Offline)

Ignore
1634729623
Reply with quote  #2

1634729623
Report to moderator
1634729623
Hero Member
*
Offline Offline

Posts: 1634729623

View Profile Personal Message (Offline)

Ignore
1634729623
Reply with quote  #2

1634729623
Report to moderator
1634729623
Hero Member
*
Offline Offline

Posts: 1634729623

View Profile Personal Message (Offline)

Ignore
1634729623
Reply with quote  #2

1634729623
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
SirChiko
Legendary
*
Offline Offline

Activity: 966
Merit: 1000



View Profile
July 12, 2014, 09:39:56 PM
 #2

Last one was 25% and this one is 3%

Any theory ?
ASIC companies stopped testing their products and started shipping them.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
PolarPoint
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
July 12, 2014, 09:54:13 PM
 #3

I think the word that mining will not ROI is spreading and more people are realising it first hand.
R4v37
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
July 12, 2014, 10:22:03 PM
 #4

I think the word that mining will not ROI is spreading and more people are realising it first hand.

there'll be a limit when people will stop buying miners...
except u have unlimited money Cheesy
cozk
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500



View Profile
July 12, 2014, 11:06:36 PM
 #5

I believe its because the miners are massively overpriced.
taipo
Full Member
***
Offline Offline

Activity: 238
Merit: 100

Kia ora!


View Profile WWW
July 13, 2014, 12:12:45 AM
 #6

Supply of miners has not met demand. The Antminer S1 ended, the S2 turned out to be an overpriced disappointment, the S3 is yet to be delivered, and the Spondooley miners will come online sometime in August. Most other mining manufacturers failed to deliver either big enough batches, or deliver at all.

Support the two platforms essential to protecting the identities of whistleblowers. Both accept bitcoin donations.
https://globaleaks.org - GlobalLeaks ( btc: see http://goo.gl/D5wM0L )
http://goo.gl/sZg2RN  - SecureDrop: whistleblower submission system
ranochigo
Legendary
*
Offline Offline

Activity: 2492
Merit: 2728

@ me if you need my response


View Profile
July 13, 2014, 01:16:36 AM
 #7

ASIC miners are switching off their hardware and kncminer stopped testing their ASICs and started shipping to people. People who preordered ASICs have waited for a long time and it hasn't come yet.

Kimowa
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
July 13, 2014, 01:34:42 AM
 #8

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..

ranochigo
Legendary
*
Offline Offline

Activity: 2492
Merit: 2728

@ me if you need my response


View Profile
July 13, 2014, 01:37:09 AM
 #9

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..
Should highly depend on the shipping time and if they even ship. If there is a delay, the difficulty increase can be smaller.

ALToids
Hero Member
*****
Offline Offline

Activity: 519
Merit: 500


View Profile
July 13, 2014, 02:52:06 AM
 #10

We just finished a cycle where people just took some miners offline (old Avalons, BFL, AM Blades, some S1s).  If we added 20PH/s of new stuff and took off 10PH/s of old stuff, variance could make up for the rest.

If we see a sustained tapering of growth it would be nice, but I don't this explosion of growth is done just yet.
SirChiko
Legendary
*
Offline Offline

Activity: 966
Merit: 1000



View Profile
July 13, 2014, 10:44:55 AM
 #11

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..
They already have them running as they are testing them so it will probably be way lower Wink

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
xstr8guy
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1004


Glow Stick Dance!


View Profile
July 13, 2014, 09:46:12 PM
 #12

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..
They already have them running as they are testing them so it will probably be way lower Wink

No manufacturer can burn-in test their entire production batch at once. They would need access to a massive, massive datacenter just to temporarily test the new ASICs before shipping.

More likely they simply fill a smaller datacenter the machines that first come out of production, test them for a period of time, then ship them out when the next batch arrives for testing.

So when you think you're seeing jumps in network hashrate due to ASIC production, you're only seeing a small part of the total production that arrives for testing and then ships to customers in waves.
ALToids
Hero Member
*****
Offline Offline

Activity: 519
Merit: 500


View Profile
July 14, 2014, 03:37:04 AM
 #13

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..
They already have them running as they are testing them so it will probably be way lower Wink

No manufacturer can burn-in test their entire production batch at once. They would need access to a massive, massive datacenter just to temporarily test the new ASICs before shipping.

More likely they simply fill a smaller datacenter the machines that first come out of production, test them for a period of time, then ship them out when the next batch arrives for testing.

So when you think you're seeing jumps in network hashrate due to ASIC production, you're only seeing a small part of the total production that arrives for testing and then ships to customers in waves.

Or it could all just be lady luck.  3 days of 20% luck could have lead to the 25% increase and a week of bad lucky could have lead to the minimal increase.  Certain pools are not willing to release it's hashing data so it's difficult to asses this.
philipma1957
Legendary
*
Offline Offline

Activity: 3178
Merit: 3751



View Profile
July 14, 2014, 08:23:02 PM
 #14

Huge jump coming soon, 20% at least... Rockbox and s3 is coming..
They already have them running as they are testing them so it will probably be way lower Wink

No manufacturer can burn-in test their entire production batch at once. They would need access to a massive, massive datacenter just to temporarily test the new ASICs before shipping.

More likely they simply fill a smaller datacenter the machines that first come out of production, test them for a period of time, then ship them out when the next batch arrives for testing.

So when you think you're seeing jumps in network hashrate due to ASIC production, you're only seeing a small part of the total production that arrives for testing and then ships to customers in waves.

Or it could all just be lady luck.  3 days of 20% luck could have lead to the 25% increase and a week of bad lucky could have lead to the minimal increase.  Certain pools are not willing to release it's hashing data so it's difficult to asses this.

luck could cause +- 10%  so a 13% true  jump could be 15%  for the high end and 11% for the low end.

along with  the summer's heat and power hungry gear being shut down.  I just don't see  diff jumps above 18% avg.  my guess is 10-15% avg for the next 5 jumps.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
RoadStress
Legendary
*
Offline Offline

Activity: 1890
Merit: 1006


View Profile
July 14, 2014, 10:46:05 PM
 #15

luck could cause +- 10%  so a 13% true  jump could be 15%  for the high end and 11% for the low end.

along with  the summer's heat and power hungry gear being shut down.  I just don't see  diff jumps above 18% avg.  my guess is 10-15% avg for the next 5 jumps.

Smiley Where is everyone that claimed 20%+ every jump until December?

Bitsaurus
Hero Member
*****
Offline Offline

Activity: 873
Merit: 1007



View Profile
July 15, 2014, 03:40:01 AM
 #16

luck could cause +- 10%  so a 13% true  jump could be 15%  for the high end and 11% for the low end.

along with  the summer's heat and power hungry gear being shut down.  I just don't see  diff jumps above 18% avg.  my guess is 10-15% avg for the next 5 jumps.

Smiley Where is everyone that claimed 20%+ every jump until December?

They probably left the forums after having lost money/assets.  20% every jump would require non-stop orders - it might have been possible if Bitcoin ran up to 2 or $3k.  At $380 to $650 for 4 months nobody end user if piling on the hash.
philipma1957
Legendary
*
Offline Offline

Activity: 3178
Merit: 3751



View Profile
July 25, 2014, 04:59:57 PM
Last edit: July 25, 2014, 05:14:25 PM by philipma1957
 #17

luck could cause +- 10%  so a 13% true  jump could be 15%  for the high end and 11% for the low end.

along with  the summer's heat and power hungry gear being shut down.  I just don't see  diff jumps above 18% avg.  my guess is 10-15% avg for the next 5 jumps.

Smiley Where is everyone that claimed 20%+ every jump until December?

I don't know where they are.  but this jump coming in a few hours looks to be under 8%.

https://bitcoinwisdom.com/bitcoin/difficulty  7.71 %

The sp30s  have issues so next jump around aug 8th may be under 10 %

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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!