Topic: [4,847,647]Difficulty Discussion Thread [TRENDING ↑ ↑] - page 3. (Read 14586 times)
Once everyone has stopped eating and parting hopefully more GPUs will come offline
That's looking pretty stable there.
New Difficulty update
2,979,637
Next difficulty (estimate): 2,978,049
2,979,637
Next difficulty (estimate): 2,978,049
Yep and a few days left before the change, so it could go even lower. Nice.
2,990,000 est... that's a good move.
Ack, wasn't aware that could happen. What is the reasoning behind that burst in blocks?
Just an extremely good run of luck. It's why looking at daily network hash rate charts you see such massive swings. It's not that tons of people are turning on/off, it's more about overall network luck than anything.
Ack, wasn't aware that could happen. What is the reasoning behind that burst in blocks?
Hash rate is shooting up.
It'll fall back down. After recovering from the DDoS, BTC Guild started shooting out blocks roughly twice what it's hash rate should produce (which means a ~3.3 TH/s pool is pushing out over 5 TH/s worth of blocks in the last 24 hours), which means a single pool is inflating the 24 hour estimate by over 2 TH/s alone.
Hash rate is shooting up.
Bitcoin Difficulty
3,370,182
Next difficulty (estimate): 2,988,542
Under 3 million!
3,370,182
Next difficulty (estimate): 2,988,542
Under 3 million!
wow network hashrate only 21.61 Terahashs/s, then asics then ... BOOOOOOOOOOOOM 
https://bitcointalk.org/index.php?topic=128032.0;topicseen
According to this poll approx 65% should keep GPUs etc on so about 2/3rds of peak hash seems reasonable.
Not too far from that now.
According to this poll approx 65% should keep GPUs etc on so about 2/3rds of peak hash seems reasonable.
Not too far from that now.
I was having a retard moment. My Avatar Picture is evidence of it 
I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
Those are some bold predictions...of the past
More retard moment? I can prescribe some Aricept or Namenda... I was having a retard moment. My Avatar Picture is evidence of it
I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
You have network hashrate going way too low, IMO. Even with a 2MH/J total system efficiency, existing GPU hardware will be barely profitable at the current (3.37M) difficulty at US$0.15/kWh. At 16TH/s mining would be quite profitable even for inefficient GPU miners.I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
I honestly don't see the network dropping much past 18-20TH/s or so. Too much of the network is made up of FPGAs and GPU users with low power costs and/or who would be heating their homes anyway. If the price of BTCrises, network hashrate will probably follow as people turn rigs back on.
Of course, it's probably all moot as someone should ship an ASIC by the end of January.
I was having a retard moment. My Avatar Picture is evidence of it
I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
I've been doing some projections and this is what I think the network will do...
JANUARY 1st 2012
Network will bounce between 17TH - 22TH
FEBRUARY 1st 2012
Network will bounce between 14TH - 18TH
MARCH 1st 2012
Network will bounce between 12TH - 17TH
APRIL 1ST 2012
Network will stabilise between 11TH - 16TH
The data is based on these variables staying...
ASICs still being on the horizon.
While people are waiting for ASICs they won't create much new power.
Power costs force GPUs out.
BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month)
I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st.
What yas think?
You mean 0.3GH ?
Looks like about 3 TH/s has been removed from mining bitcoin. 
Thread title changed
got any other good ideas?
got any other good ideas?
Sweet. Just a quick idea you should add in the title of the thread a little +/^ or -/v or something to indicate the movement of difficulty. This could be like the MtGox wall thread and live forever...
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