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Author Topic: next difficulty  (Read 2224 times)
noobtrader (OP)
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November 20, 2014, 04:45:57 AM
 #1

https://cryptanalys.is/difficulty/bitcoin_btc.php

Quote
Predicted Difficulty
The longest block chain on the Bitcoin network is currently predicting a new difficulty of 24,180,018 to take hold in approximately 21186 days, 21 hours, 1 minutes 43 seconds. This statement is said with 8.63% accuracy.

The difficulty prediction is 8.63% accurate because 8.63% of the 2,016 blocks required in this round before the network difficulty is re-calculated have been mined.

The longest block chain is currently 330,797 blocks in length. So we have mined 173 blocks thus far and we have 1,843 blocks remaining before the next difficulty change.

is it for real Huh

edit : ok, now it show 37,591,868,290  instead.  why the wild swing Huh

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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eleuthria
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November 20, 2014, 04:50:23 AM
 #2

No, it's not.

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November 20, 2014, 07:24:24 AM
 #3

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,369,128,701 (+0.17%)

atm by bitcoinwisdom.com
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November 20, 2014, 08:58:58 AM
 #4

https://cryptanalys.is/difficulty/bitcoin_btc.php

Quote
Predicted Difficulty
The longest block chain on the Bitcoin network is currently predicting a new difficulty of 24,180,018 to take hold in approximately 21186 days, 21 hours, 1 minutes 43 seconds. This statement is said with 8.63% accuracy.

The difficulty prediction is 8.63% accurate because 8.63% of the 2,016 blocks required in this round before the network difficulty is re-calculated have been mined.

The longest block chain is currently 330,797 blocks in length. So we have mined 173 blocks thus far and we have 1,843 blocks remaining before the next difficulty change.

is it for real Huh

edit : ok, now it show 37,591,868,290  instead.  why the wild swing Huh

Because they compute next difficulty incorrectly

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November 21, 2014, 10:31:00 AM
 #5

Here you can find "next difficulty" estimation: https://mining-profit.com/bitcoin-difficulty-history

"Estimated Difficulty After Update - 40703030630"

It's based on statistical dada for last 6 month.

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noobtrader (OP)
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December 02, 2014, 05:36:41 PM
 #6

Here you can find "next difficulty" estimation: https://mining-profit.com/bitcoin-difficulty-history

"Estimated Difficulty After Update - 40703030630"

It's based on statistical dada for last 6 month.

i hope no one making another giant mining farm, this difficulty and price is just fair atm... cant get any profit otherwise

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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December 02, 2014, 09:13:02 PM
 #7

Here you can find "next difficulty" estimation: https://mining-profit.com/bitcoin-difficulty-history

"Estimated Difficulty After Update - 40703030630"

It's based on statistical dada for last 6 month.

i hope no one making another giant mining farm, this difficulty and price is just fair atm... cant get any profit otherwise

It looks like the new bottom for bitcoin price is changing though. It used to be around 330-350 now looks more like 350-380 with peaks at 400. This may cause the difficulty to start creeping up again soon
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