[4,847,647]Difficulty Discussion Thread [TRENDING ↑ ↑]

DrG

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Quote from: glendall on April 10, 2013, 02:40:51 PM

As a new hobbyist miner guy I can't believe how fast difficulty has gone up...

Started mining mostly LTC in late March, difficulty was 78ish... and it's looking it'll go to 285 in two days. From 78 -=> 280 in about two weeks.. ! Pretty insane. Glad I'm just really enjoying it as a hobby and didn't drop too much into hardware..

Look back at the BTC graphs in 03/2011. Pretty much the same thing as CPU miners switch to GPU Mining and a new boatload of miners piled on.

glendall

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Buzz App - Spin wheel, farm rewards

As a new hobbyist miner guy I can't believe how fast difficulty has gone up...

Started mining mostly LTC in late March, difficulty was 78ish... and it's looking it'll go to 285 in two days. From 78 -=> 280 in about two weeks.. ! Pretty insane. Glad I'm just really enjoying it as a hobby and didn't drop too much into hardware..

DobZombie

hero member

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Former curator of The Bitcoin Museum

New difficulty

7,673,000

martynw2000

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Well if the network hashing power goes up by 14%, then so does the difficulty...

OlgaA524

newbie

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Quote from: ShadesOfMarble on April 05, 2013, 01:56:57 PM

Difficulty is adjusted so one block is generated every 10 minutes. (If network hashing power doesn't change.)

Right, but isn't increase by 1 mil too big? Though I am new to all this, what do I know

ShadesOfMarble

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Difficulty is adjusted so one block is generated every 10 minutes. (If network hashing power doesn't change.)

OlgaA524

newbie

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Quote from: ShadesOfMarble on April 05, 2013, 01:03:15 PM

7,673,000 (+14.6%) current

So what are we to expect? how much slower block generation on average?

ShadesOfMarble

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7,673,000 (+14.6%) current

ShadesOfMarble

donator

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Merit: 500

Quote from: solex on March 31, 2013, 06:18:48 PM

Perhaps due to BFL ASICs finally starting up as well now...

Like what, one unit? Wink

Most should still be ASICMINER/Avalon. And maybe old GPU rigs getting started again.

solex

legendary

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100 satoshis -> ISO code

Bitcoincharts shows:

Difficulty 6695826
Estimated 7446578 in 821 blks

Perhaps due to BFL ASICs finally starting up as well now...

area

full member

Activity: 177

Merit: 100

Quote from: ShadesOfMarble on March 20, 2013, 07:28:33 AM

4,847,647 (+11%) current
6,172,714 (+27.3%) next

in 4d 19h 45m (885 blocks)

6,695,826

Ouch!

ShadesOfMarble

donator

Activity: 543

Merit: 500

4,847,647 (+11%) current
6,172,714 (+27.3%) next

in 4d 19h 45m (885 blocks)

MaGNeT

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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: DobZombie on March 15, 2013, 08:03:08 AM

Bitcoin Difficulty
4,847,647

Next difficulty (estimate):
4,969,078

Bloody hell, This jump was over 10% !

Look again Grin

DobZombie

hero member

Activity: 896

Merit: 532

Former curator of The Bitcoin Museum

Bitcoin Difficulty
4,847,647

Next difficulty (estimate):
4,969,078

Bloody hell, This jump was over 10% !

eleuthria

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Activity: 1750

Merit: 1007

Quote from: DrG on March 02, 2013, 10:14:30 AM

Haha, yeah what's the point of BTC rate going up 2x if difficulty goes up 2x also.

The question is will the next difficulty increase come in under a week if all the Avalon units kick on and ASICMiner gets fully set up. Either a bad string of luck or some GPU Miners already quitting since 1 day into this period and the estimate is a little down from current difficulty.

As usual, BTC Guild can take a bit of the credit/blame for the inaccurate estimate. We were running close to -40% luck the last 24 hours, which as far as the network estimates are concerned means around 4 TH/s disappeared after the diff change. Don't be surprised if it swings the opposite way and you see an 8 TH/s swing in the other direction after another day.

DrG

legendary

Activity: 2086

Merit: 1035

Haha, yeah what's the point of BTC rate going up 2x if difficulty goes up 2x also.

The question is will the next difficulty increase come in under a week if all the Avalon units kick on and ASICMiner gets fully set up. Either a bad string of luck or some GPU Miners already quitting since 1 day into this period and the estimate is a little down from current difficulty.

DobZombie

hero member

Activity: 896

Merit: 532

Former curator of The Bitcoin Museum

Bitcoin Difficulty
4,367,876

Fuck me, there goes a third of my mining income!

0.o

davecoin

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Activity: 816

Merit: 1000

up she goes!

zvs

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https://web.archive.org/web/*/nogleg.com

i'll be in still for this next difficulty jump

doubtful for the one after that

cdog

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Merit: 500

Thats nothing just wait and see what the next 2-3 months look like...

Topic: [4,847,647]Difficulty Discussion Thread [TRENDING ↑ ↑] (Read 14625 times)