hour and a half since last block (aka: time to fork it!)

[raskul]

could we be looking at a hard fork soon?
next block size wants to be >1Mb?

or am i just impatient.  

[bbxx]

that is crazy!

bitcoin is sometimes near useless, i am waiting >90minutes for first confirmation and i have to wait till 6

[raskul]

that is crazy!

bitcoin is sometimes near useless, i am waiting >90minutes for first confirmation and i have to wait till 6

fork it!

[cakir]

1 hour 32 minutes o.O

It's quite a lot time. I think it's about the diff readjustment. Maybe it has gone wrong and the diff became 40 trillion instead of billion

[raskul]

1 hour 32 minutes o.O

It's quite a lot time. I think it's about the diff readjustment. Maybe it has gone wrong and the diff became 40 trillion instead of billion

i fear that block size limitation is the issue here.

[RocketSingh]

1 hour 32 minutes o.O

It's quite a lot time. I think it's about the diff readjustment. Maybe it has gone wrong and the diff became 40 trillion instead of billion

According to www.blocktrail.com, it is two hour already !!!

Seems like a lot of miners have shut down, unable to cope up with this low price and high difficulty.

[bbxx]

Seems like a lot of miners have shut down, unable to cope up with this low price and high difficulty.

no, smart sha256 miners are diging serious money since few days

[raskul]

Seems like a lot of miners have shut down, unable to cope up with this low price and high difficulty.

no, smart sha256 miners are diging serious money since few days

i'll give away the secret, coz i is a raskul. 

https://bitcointalk.org/index.php?topic=894826.msg9849580#msg9849580

[biodieselchris]

1 hr 41 minutes to hit block #334,487

[RocketSingh]

Seems like a lot of miners have shut down, unable to cope up with this low price and high difficulty.

no, smart sha256 miners are diging serious money since few days

i'll give away the secret, coz i is a raskul. 

https://bitcointalk.org/index.php?topic=894826.msg9849580#msg9849580

Ooops... that scamcoin by the scamster.

[raskul]

1 hr 41 minutes to hit block #334,487

and it's going to be pushing the limits very soon

880.56kb

[raskul]

Seems like a lot of miners have shut down, unable to cope up with this low price and high difficulty.

no, smart sha256 miners are diging serious money since few days

i'll give away the secret, coz i is a raskul. 

https://bitcointalk.org/index.php?topic=894826.msg9849580#msg9849580

Ooops... that scamcoin by the scamster.

OT, but yes, it's all going to fall down on it's bottom and there are going to be many unhappy people when it does.

[MineForeman.com]

1 hour 32 minutes o.O

It's quite a lot time. I think it's about the diff readjustment. Maybe it has gone wrong and the diff became 40 trillion instead of billion

i fear that block size limitation is the issue here.

How so?  Block size and confirmations are not related, it takes marginally more processing power to sign a 1 MB block as it would to sign a 1 GB one.

Or are you just fuddding?

[raskul]

1 hour 32 minutes o.O

It's quite a lot time. I think it's about the diff readjustment. Maybe it has gone wrong and the diff became 40 trillion instead of billion

i fear that block size limitation is the issue here.

How so?  Block size and confirmations are not related, it takes marginally more processing power to sign a 1 MB block as it would to sign a 1 GB one.

Or are you just fuddding?

not entirely fud no, perhaps just a slight whisky-intoxified fear because that particular block confirmation, i was waiting on a tx
all's well that ends well.

[raskul]

I should ask tho, now I have your captive attention.. am I correct in presuming that there will indeed be a hard fork, to allow these larger block size in the near future?

[MineForeman.com]

I should ask tho, now I have your captive attention.. am I correct in presuming that there will indeed be a hard fork, to allow these larger block size in the near future?

It would but "Hard Fork" is a fairly misleading term.  It would not be like back in march of 2013 when there was two competing blockchains.

It would be a planned thing that everyone was made aware of well before the event and would be monitored closely.  Similar to how version 1 blocks were phased out.  It would be unlikely to case an actual blockchain fork and mos users would be blissfully unaware of it going on (we hope ).

[raskul]

I should ask tho, now I have your captive attention.. am I correct in presuming that there will indeed be a hard fork, to allow these larger block size in the near future?

It would but "Hard Fork" is a fairly misleading term.  It would not be like back in march of 2013 when there was two competing blockchains.

It would be a planned thing that everyone was made aware of well before the event and would be monitored closely.  Similar to how version 1 blocks were phased out.  It would be unlikely to case an actual blockchain fork and mos users would be blissfully unaware of it going on (we hope ).

and I am certain it will be conducted with perfect harmony.

please accept my apologies regarding the term 'hard fork', yes, I can't foresee it being anything like the previous and even then, there was no great outrage over it. everyone ended up on the correct chain eventually. quite a feat of programming when you think back on it to be honest.

my whisky says you should turn it all into POS at the fork. 


kidding.

[Meuh6879]

don't be stupid ... math do always the better ...  on the average : https://bitcoinwisdom.com/bitcoin/difficulty

Block Generation Time(?):    
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours

[Bitcoin_BOy$]

What does that mean

[doof]

What does that mean

If you are refereing to the OP, then it means the difficulty is spot on.