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Author Topic: Bitcoin difficulty going down ?  (Read 2817 times)
420 (OP)
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October 09, 2012, 05:42:46 PM
 #1

Estimate shows lowering it back under 3 million, course we got a way to get to the 17th and its only 6 days since the last change

http://dot-bit.org/tools/nextDifficulty.php

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mobodick
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October 09, 2012, 05:58:32 PM
 #2

Don't think so.
http://bitcoin.sipa.be/
Looks like a normal swing.
Stephen Gornick
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October 09, 2012, 06:01:59 PM
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Estimate shows lowering it back under 3 million, course we got a way to get to the 17th and its only 6 days since the last change

http://dot-bit.org/tools/nextDifficulty.php

This post would really be more appropriate under the Mining Speculation board.

The way BitcoinWatch does its estimate has been pretty accurate:
 - http://www.BitcoinWatch.com

The live view shows:



Difficulty: 3,054,628
Next Difficulty: in 1071 blocks 3,016,686

So at mid-point, it is about even (there is a margin for error, so no clear direction increasing or decreasing has been established yet)

If I had to bet I'ld still say the next difficulty number will begin with a three.


Unichange.me

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October 10, 2012, 04:57:34 AM
Last edit: October 10, 2012, 09:45:41 AM by goxed
 #4

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script scrypt support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

[edited]

Looking to review Bitcoin / Crypto mining Hardware.
payb.tc
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October 10, 2012, 05:00:22 AM
 #5

http://www.downforeveryoneorjustme.com/bitcoindifficulty.com

oh wait, nevermind...
420 (OP)
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October 10, 2012, 05:09:25 AM
 #6

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

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October 10, 2012, 05:17:59 AM
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LOL idk why, but I found that hilarious. Thanks  Grin

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October 10, 2012, 09:47:44 AM
 #8

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

Changes 2.5days. It's essentially 4X btc using scrypt hashing algo. 

Looking to review Bitcoin / Crypto mining Hardware.
420 (OP)
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October 10, 2012, 10:41:28 AM
 #9

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

Changes 2.5days. It's essentially 4X btc using scrypt hashing algo. 

whast are you meaning by "4X btc"

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October 10, 2012, 04:07:25 PM
 #10

GPU sell off? Huh

Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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October 10, 2012, 04:41:45 PM
 #11

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

Changes 2.5days. It's essentially 4X btc using scrypt hashing algo.  And there will be total 4X more LTC than BTC.
GPUs

whast are you meaning by "4X btc"
The rate of generation of LTC is 4X that of BTC. Also the difficult adjusts 4X faster than BTC.
~scrypt conversion rates for AMD GPUs is 1/1000. So if you have a radeon 7970 it would hash scrypt at somewhere around 500kh/s.

Looking to review Bitcoin / Crypto mining Hardware.
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October 10, 2012, 06:08:51 PM
 #12

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

Changes 2.5days. It's essentially 4X btc using scrypt hashing algo.  And there will be total 4X more LTC than BTC.
GPUs

whast are you meaning by "4X btc"
The rate of generation of LTC is 4X that of BTC. Also the difficult adjusts 4X faster than BTC.
~scrypt conversion rates for AMD GPUs is 1/1000. So if you have a radeon 7970 it would hash scrypt at somewhere around 500kh/s.

So how much that 7970 would hash LTC in 24H ?
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October 11, 2012, 12:48:41 AM
 #13

OP...OP...OPPA...OOP...now its up, difficulty still rising Smiley

Litecoin mining  capacity has been monotonically increasing esp. with release of cgminer with script support.
GPU BTC miners getting cosy in the LTC mining business.

http://www.litecoinpool.org/charts

http://www.litecoinpool.org/stats

how often does litecoin difficulty change?

and i didn't know scrypt support for cgminer was so recent...< 1 month?

geez if i had my rig working right on there id have the #9 spot on top miners

Changes 2.5days. It's essentially 4X btc using scrypt hashing algo.  And there will be total 4X more LTC than BTC.
GPUs

whast are you meaning by "4X btc"
The rate of generation of LTC is 4X that of BTC. Also the difficult adjusts 4X faster than BTC.
~scrypt conversion rates for AMD GPUs is 1/1000. So if you have a radeon 7970 it would hash scrypt at somewhere around 500kh/s.

So how much that 7970 would hash LTC in 24H ?

According to
http://www.litecoinpool.org/calc?hashrate=500&difficulty=13.58031647
~37LTC

Looking to review Bitcoin / Crypto mining Hardware.
420 (OP)
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October 11, 2012, 12:59:06 AM
 #14

7990 should get 80LTC a day
compared to 5970 at less than a third of the price tag, getting 50-55LTC/day

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October 11, 2012, 01:19:48 AM
 #15

7990 should get 80LTC a day
compared to 5970 at less than a third of the price tag, getting 50-55LTC/day

Here is a list of hash-rates for different cards. #LTC/day varies with difficulty and LTC is seeing higher and higher difficulty since last few blocks.

https://github.com/litecoin-project/litecoin/wiki/Mining-hardware-comparison

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420 (OP)
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October 11, 2012, 01:31:03 AM
 #16

Looks like totaly hashrate is doubling in about a month

wow this was originally a bitcoin difficulty thread Smiley

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October 11, 2012, 07:55:02 AM
 #17

Anybody can put here an example of cgminer comand line for hashing LTC? Thanks.
420 (OP)
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October 11, 2012, 09:50:04 AM
 #18

Anybody can put here an example of cgminer comand line for hashing LTC? Thanks.

look for litecoin gpu mining guide

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October 11, 2012, 06:00:34 PM
 #19

Anybody can put here an example of cgminer comand line for hashing LTC? Thanks.
cgminer --scrypt

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