revilo (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2014, 10:51:33 PM |
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A mere 3.08% increase in difficulty this time round ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Is this the future of things to come? Or is the increase going to continue to grow exponentially? Thoughts...
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Remember remember the 5th of November
Legendary
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Merit: 1011
Reverse engineer from time to time
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July 12, 2014, 10:52:19 PM |
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Isn't this the calm before the storm?
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Remember remember the 5th of November
Legendary
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2014, 10:58:13 PM |
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I can..see it. Or is this my delusion? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FNzjDNv8l.png&t=665&c=OkntBexkgRdVQg)
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Meuh6879
Legendary
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Activity: 1512
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July 12, 2014, 11:01:31 PM |
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Antminer S3 are on the road : 480GH/s for ... 366w ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) instead of (S1) 180GH/s for 400w.
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revilo (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2014, 11:02:41 PM |
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And now the Cointerra's that go at 1.4TH/s are at break even of worse with their massive power consumption. Maybe a bunch of people switched them off?
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xinzark
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July 12, 2014, 11:24:45 PM |
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And now the Cointerra's that go at 1.4TH/s are at break even of worse with their massive power consumption. Maybe a bunch of people switched them off?
I don think anyone is switching off , they have been a lot of manafature are building these rig you might see big raise in a month .
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 12, 2014, 11:30:09 PM |
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looks like a big miner decided to mine during the first half of this period then moved miners off to make the diff not jump as high...once diff adjusts...watch those miners go online once again....vroooom!
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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joshraban76
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2014, 11:32:13 PM |
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I think the next few terms will be much higher increases and will ultimately average out. I could be wrong but thats what I figure will happen. Anyone that bought cloud mining in the past few weeks should be pretty happy right now though.
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winbtcs
Newbie
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July 13, 2014, 12:36:19 AM |
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exponentially
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Harley997
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 03:34:57 AM |
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looks like a big miner decided to mine during the first half of this period then moved miners off to make the diff not jump as high...once diff adjusts...watch those miners go online once again....vroooom!
I don't think it was so much that, but it was more the fact that difficulty had increased by 24% the previous increase verses mid teens (~15%) on average across the previous several increases. It should also be noted that the rate that blocks are found does have a little bit to do with luck, so it is entirely possible that several large pool operators simply had a little bit of bad luck during the beginning of the previous increase.
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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jjc326
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 03:52:16 AM |
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Maybe because the price of bitcoin went down and hasn't been shooting to the moon people aren't as interests in mining anymore. Whereas when the price was flying high people were just mining no matter the cost because they thought they'd make it back as the BTC price continued to rise.
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davida
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 03:52:50 AM |
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I find the blockchain.info chart set on a 2 year time span shows on a broader scale what is going on with the exception of this 1 smaller difficultly increase. https://blockchain.info/charts/difficulty?timespan=2yearIt's more than likely a big miner manufacturer unplugging a lot of hashing power this week and preparing it to be shipped to customers. (without mentioning any names of course. although, it should be obvious)
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alani123
Legendary
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Activity: 2520
Merit: 1472
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July 13, 2014, 04:00:32 AM |
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From then it went up to +4.48%. What this tells me is that there wasn't much mining equipment shipped within those days. Pretty sure we could reach +10% before the last increase though.
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█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
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Harley997
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 04:15:01 AM |
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Maybe because the price of bitcoin went down and hasn't been shooting to the moon people aren't as interests in mining anymore. Whereas when the price was flying high people were just mining no matter the cost because they thought they'd make it back as the BTC price continued to rise.
The reason is because there are less people putting new miners on the network as the EV of mining is not high enough over their cost of electricity. I would think that the fact that it is summer and hot in much of the world would also have an impact as it now cost more to keep the machines cool (miners now have two sources of heat, the miner and the outside weather)
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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nwfella
Legendary
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Activity: 1610
Merit: 1000
Well hello there!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 04:16:24 AM |
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Maybe because the price of bitcoin went down and hasn't been shooting to the moon people aren't as interests in mining anymore. Whereas when the price was flying high people were just mining no matter the cost because they thought they'd make it back as the BTC price continued to rise.
The reason is because there are less people putting new miners on the network as the EV of mining is not high enough over their cost of electricity. I would think that the fact that it is summer and hot in much of the world would also have an impact as it now cost more to keep the machines cool (miners now have two sources of heat, the miner and the outside weather) Good point. I'm shutting my miners down at the next difficulty increase. Pretty warm where I'm at already and I'm not making anywhere near enough to justify running them any longer :/
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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KimNam
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 05:08:45 AM |
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i saw someone posting about many hardware companies try/test their mining hardware (which ready to be shipped) in the last period, and that made big difficulty jumped. And now they ship it to customer, make lower difficulty increase. But this is only the calm before the storm, like someone said above ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Ron~Popeil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 13, 2014, 05:12:04 AM |
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Maybe because the price of bitcoin went down and hasn't been shooting to the moon people aren't as interests in mining anymore. Whereas when the price was flying high people were just mining no matter the cost because they thought they'd make it back as the BTC price continued to rise.
The reason is because there are less people putting new miners on the network as the EV of mining is not high enough over their cost of electricity. I would think that the fact that it is summer and hot in much of the world would also have an impact as it now cost more to keep the machines cool (miners now have two sources of heat, the miner and the outside weather) Good point. I'm shutting my miners down at the next difficulty increase. Pretty warm where I'm at already and I'm not making anywhere near enough to justify running them any longer :/ Mine are all ready off. I will turn them back on when the price increases, but for right now the electricity bill is just too high.
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jonald_fyookball
Legendary
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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July 13, 2014, 05:26:11 AM |
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is it possible that there's no lack of added hashing power, and it's just getting exponentially harder to find such low hash numbers?
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