chmick
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January 27, 2016, 06:34:17 PM |
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You are at the start of new period, there is no way to have reliable number now. I own nextdifficulty.com so I can only tell you that conservative estimate is saying +10%, which means last 1500 blocks have been found so fast that if nothing changes the difficulty will have to grow by 10%. However I expect the pace of finding blocks will soon slow down. Thanks for the answer . Talking about slowing down , I also noticed antpool time between blocks is getting longer . I wonder if it's correlated . On the S5 it's killing profit . I wonder if it's related . PS : a suggestion for your website . At the bottom of it, you could add a table with the history of the previous : effective difficulty jumps ,your prediction and the prediction of others .
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skuser
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January 28, 2016, 07:59:09 AM |
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PS : a suggestion for your website . At the bottom of it, you could add a table with the history of the previous : effective difficulty jumps ,your prediction and the prediction of others .
Thanks for suggestion, I am planning to add something like that if time allows me to do it
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skuser
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January 28, 2016, 10:46:57 AM |
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BTW for those who are not paying attention, S4 is already in negative area because USD/BTC rate dropped to 380 USD. So they can close the market anytime like they did with S3.
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Ponury Typ
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January 28, 2016, 12:04:20 PM Last edit: January 28, 2016, 12:45:10 PM by Ponury Typ |
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You are at the start of new period, there is no way to have reliable number now. I own nextdifficulty.com so I can only tell you that conservative estimate is saying +10%, which means last 1500 blocks have been found so fast that if nothing changes the difficulty will have to grow by 10%. However I expect the pace of finding blocks will soon slow down. What about ROI for cloudming on hashnest on your site, why is is still not showing ? Is their api still not fixed ?
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skuser
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January 28, 2016, 01:26:25 PM |
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You are at the start of new period, there is no way to have reliable number now. I own nextdifficulty.com so I can only tell you that conservative estimate is saying +10%, which means last 1500 blocks have been found so fast that if nothing changes the difficulty will have to grow by 10%. However I expect the pace of finding blocks will soon slow down. What about ROI for cloudming on hashnest on your site, why is is still not showing ? Is their api still not fixed ? Unfortunately not and I doubt it will ever be again...
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galdur
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January 28, 2016, 07:34:27 PM |
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The hashrate boom continues. Block generation time is already down to about 550 seconds. It´s ten days to go but the next difficulty increase will probably be between 5 and 10%. It has doubled in the last four months, unbelievable.
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lumeire
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January 29, 2016, 07:31:29 AM |
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Damn S4 is already at 104% maintenance/payout, if this continues we'll say goodbye to the s4 market wouldn't we?
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Simpan
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January 29, 2016, 11:31:45 AM |
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The hashrate boom continues. Block generation time is already down to about 550 seconds. It´s ten days to go but the next difficulty increase will probably be between 5 and 10%. It has doubled in the last four months, unbelievable.
When the 16 nm chip comes out in March/April, the difficulty will jump even faster. Too much money is invested in mining.
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galdur
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January 29, 2016, 12:05:43 PM |
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The hashrate boom continues. Block generation time is already down to about 550 seconds. It´s ten days to go but the next difficulty increase will probably be between 5 and 10%. It has doubled in the last four months, unbelievable.
When the 16 nm chip comes out in March/April, the difficulty will jump even faster. Too much money is invested in mining. Of course. BitFury Will Mass Produce "Fastest and Most Effective" 16nm ASIC Miner Chips16/12/2015 Bitfury, the best-funded miner through investments has today announced the mass production of its 16nm Application Specific Integrated Circuit (ASIC) Chip, a project that was in development since the beginning of 2015. Bitcoin mining behemoth BitFury has revealed that it will begin mass production of its 16 nm mining chips following testing that has met expectations. The company revealed 40 gigahash per second design target for the chip, with a power efficiency of 0.06 joules per gigahash, a figure that hasn’t been attained in the industry, yet. The company cites “rigorous testing,” with results for measured power efficiency on average ranging between 0.055 joules per gigahash to 0.07 joules per gigahash. These numbers are also unequalled in the bitcoin mining industry. With the chip, BitFury deemed the innovation to usher in the “exahash era,” a time when the total Bitcoin mining network hashrate reaches and exceeds 1 EH per second. 1 exahash = 1,000,000 gigahashes. In a press release, BitFury CEO Valery Vavilov said: We are very excited to launch mass production of our super 16nm ASIC Chip…We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. Lower Power Needs Along with its increased power efficiency, the new BitFury chips can run with a power supply voltage of 0.35V, the company confirmed, with the static part of the chip functional at 0.28V. The company also states that every new 16nm Chip will deliver a minimum of 100 GH/sec while averaging in a range about 140 GH/sec with air cooling. BitFury further claimed that the chips can achieve up to 184 GH/sec with the company’s third-generation immersion cooling technology. BitFury added it will be partnering with Global Unichip Corporation (GUC) to mass produce the new chips. In a statement, Jim Lai, the president of GUC stated: We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury achieve this outstanding result. It was March 2015 when BitFury revealed its 28nm ASIC chip after progressing from its 55nm chip at the time. The 28nm chip will be used in BitFury’s new Georgia-based bitcoin mining farm, a project in which the company is investing a total of $100 million. The data center, to be built in Georgia’s capital city of Tbilisi will also make use of the miner’s new 16nm chips. Also read: Interview With BitFury CEO Valery Vavilov: New Bitcoin ASIC Chips On the Horizon Bitfury CEO Vavilov cited the unique position the company is in with regards to the production of the high-efficiency chips and added: As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available, ensuring that the network remainds decentralized as we move into the exahash era together. In recent times, BitFury has also made headlines after recruiting a former White House staffer and aide to President Obama, Jamie Smith, as the company’s global chief of communications. https://www.cryptocoinsnews.com/bitfury-will-mass-produce-fastest-and-most-effective-16nm-asic-miner-chips/
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galdur
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January 29, 2016, 12:09:16 PM |
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Hmmm, looks like it´s Lenin in reverse, the Chinese are selling the western competition the rope that it will hang itself with....
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pallas
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Black Belt Developer
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January 29, 2016, 12:14:31 PM |
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the question is how long will they mine with the chip before selling it to people (and at what price).
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galdur
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January 29, 2016, 12:20:45 PM |
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the question is how long will they mine with the chip before selling it to people (and at what price).
I see Bitmain is presently shipping batch #9 of S7. Or maybe just about to start, they said Jan. 20-30. During the Chinese Spring Festival holiday, no shipments will be made from Feb. 4th to Feb 14th. Shipments will resume on Feb. 15th, they say.
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pallas
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Black Belt Developer
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January 29, 2016, 12:27:39 PM |
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the question is how long will they mine with the chip before selling it to people (and at what price).
I see Bitmain is presently shipping batch #9 of S7. Or maybe just about to start, they said Jan. 20-30. During the Chinese Spring Festival holiday, no shipments will be made from Feb. 4th to Feb 14th. Shipments will resume on Feb. 15th, they say. I was talking about bitfury, not bitmain.
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skuser
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January 29, 2016, 02:12:34 PM |
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S5 prices are nicely adjusting the cruel reality however S7 hashes keep being brutally overpriced. There will be huge drop in price probably only after people realize that at this speed of difficulty growth the S7 will NOT survive halving.
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galdur
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January 29, 2016, 03:10:22 PM |
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the question is how long will they mine with the chip before selling it to people (and at what price).
I see Bitmain is presently shipping batch #9 of S7. Or maybe just about to start, they said Jan. 20-30. During the Chinese Spring Festival holiday, no shipments will be made from Feb. 4th to Feb 14th. Shipments will resume on Feb. 15th, they say. I was talking about bitfury, not bitmain. The public is just cannon fodder in this war. It´s purpose is mainly to help finance the armaments. Most mining is done by huge concerns or so I´d imagine.
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galdur
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January 29, 2016, 03:20:27 PM |
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S5 prices are nicely adjusting the cruel reality however S7 hashes keep being brutally overpriced. There will be huge drop in price probably only after people realize that at this speed of difficulty growth the S7 will NOT survive halving.
Well, it is said that modern man suffers from lack of understanding of exponential functions. Doubling time, compounded interest etc. Difficulty History Date Difficulty Change Hash Rate Jan 26 2016 120,033,340,651 5.89% 859,232,121 GH/s Jan 13 2016 113,354,299,801 9.12% 811,421,684 GH/s Dec 31 2015 103,880,340,815 11.16% 743,604,444 GH/s Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s Oct 15 2015 60,883,825,480 0.12% 435,823,399 GH/s Oct 01 2015 60,813,224,039 2.49% 435,318,014 GH/s Sep 17 2015 59,335,351,234 4.17% 424,738,988 GH/s Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s
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LarryHocks
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January 29, 2016, 10:20:00 PM |
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S5 prices are nicely adjusting the cruel reality however S7 hashes keep being brutally overpriced. There will be huge drop in price probably only after people realize that at this speed of difficulty growth the S7 will NOT survive halving.
Well, it is said that modern man suffers from lack of understanding of exponential functions. Doubling time, compounded interest etc. Difficulty History Date Difficulty Change Hash Rate Jan 26 2016 120,033,340,651 5.89% 859,232,121 GH/s Jan 13 2016 113,354,299,801 9.12% 811,421,684 GH/s Dec 31 2015 103,880,340,815 11.16% 743,604,444 GH/s Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s Oct 15 2015 60,883,825,480 0.12% 435,823,399 GH/s Oct 01 2015 60,813,224,039 2.49% 435,318,014 GH/s Sep 17 2015 59,335,351,234 4.17% 424,738,988 GH/s Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s Yeah it's strange for me. 1 Month ago S5 had around 40% of the cost. Now it's close to 80&
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galdur
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January 30, 2016, 02:10:14 AM |
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Well, the lower the BTC price the more satoshi you have per USD. And since you pay maintenance in USD - do the math I guess. Difficulty is way up too...
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crazyivan
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January 30, 2016, 08:28:31 AM |
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S5 prices are nicely adjusting the cruel reality however S7 hashes keep being brutally overpriced. There will be huge drop in price probably only after people realize that at this speed of difficulty growth the S7 will NOT survive halving.
Well, it is said that modern man suffers from lack of understanding of exponential functions. Doubling time, compounded interest etc. Difficulty History Date Difficulty Change Hash Rate Jan 26 2016 120,033,340,651 5.89% 859,232,121 GH/s Jan 13 2016 113,354,299,801 9.12% 811,421,684 GH/s Dec 31 2015 103,880,340,815 11.16% 743,604,444 GH/s Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s Oct 15 2015 60,883,825,480 0.12% 435,823,399 GH/s Oct 01 2015 60,813,224,039 2.49% 435,318,014 GH/s Sep 17 2015 59,335,351,234 4.17% 424,738,988 GH/s Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s Yeah it's strange for me. 1 Month ago S5 had around 40% of the cost. Now it's close to 80& Well, it s obvious after halving nothing will survive besides S7 and even that one will be at close to 90%. So, we need new miners, much more efficient or we need the price to go up big time.
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Getmon
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January 30, 2016, 07:32:09 PM |
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S5 prices are nicely adjusting the cruel reality however S7 hashes keep being brutally overpriced. There will be huge drop in price probably only after people realize that at this speed of difficulty growth the S7 will NOT survive halving.
Well, it is said that modern man suffers from lack of understanding of exponential functions. Doubling time, compounded interest etc. Difficulty History Date Difficulty Change Hash Rate Jan 26 2016 120,033,340,651 5.89% 859,232,121 GH/s Jan 13 2016 113,354,299,801 9.12% 811,421,684 GH/s Dec 31 2015 103,880,340,815 11.16% 743,604,444 GH/s Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s Oct 15 2015 60,883,825,480 0.12% 435,823,399 GH/s Oct 01 2015 60,813,224,039 2.49% 435,318,014 GH/s Sep 17 2015 59,335,351,234 4.17% 424,738,988 GH/s Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s Yeah it's strange for me. 1 Month ago S5 had around 40% of the cost. Now it's close to 80& Well, it s obvious after halving nothing will survive besides S7 and even that one will be at close to 90%. So, we need new miners, much more efficient or we need the price to go up big time. If the 16 nm miner does not come out before halving, then S7 will last long time. 16 nm will kill most miners before it.
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