Author

Topic: 700Ghash increase right after difficulty change (Read 2210 times)

sr. member
Activity: 280
Merit: 252
this happens every time the difficulty changes.

I sure hope you're right Smiley
legendary
Activity: 2058
Merit: 1452
Well that's a relief. Some sites do display real time network strength but I guess they aren't exact?
Not possible. The only way to get the network's "speed" is to divide the amount of blocks found by the work needed to find those blocks. There isn't anything in the bitcoin protocol that reports current MH/s to your peers.
full member
Activity: 126
Merit: 100
this happens every time the difficulty changes.
sr. member
Activity: 280
Merit: 252
This happens after every difficulty increase because the sites estimate based on a sliding window of blocks and utilize the current difficulty even though the most of the blocks in the window were at a lower difficulty.

I'm not so sure this is our average increase...

The first 20 blocks now (we are at ~1994 left til the next increase as I write this...) have been solved in the past 80 minutes... that's an average of 4 minutes per block, over 20 blocks, even at the current (and highest ever) difficulty of 157426...

Something is most definitely up imho.
sr. member
Activity: 406
Merit: 250
This happens after every difficulty increase because the sites estimate based on a sliding window of blocks and utilize the current difficulty even though the most of the blocks in the window were at a lower difficulty.
newbie
Activity: 8
Merit: 0

Wait an hour or four, then you should get more accurate numbers of current network strength.

I hope you're right Smiley
legendary
Activity: 1400
Merit: 1005
I bet the site calculates TH/s available based on how quickly the blocks are discovered vs the difficulty level.  I think the pools/miners just got lucky and found a few blocks in a much shorter period of time than was expected for the new difficulty level, and since that's the only statistics available for the website to calculate TH/s on, it calculated them quite high.

Wait an hour or four, then you should get more accurate numbers of current network strength.
newbie
Activity: 28
Merit: 0
Well that's a relief. Some sites do display real time network strength but I guess they aren't exact?
legendary
Activity: 1372
Merit: 1008
1davout
Based on the speed that the first block was generated it was not. Looks like we may have a botnet/supercomputer on our hands.
One block isn't statistically significant, plus I wouldn't see where the interest would be.
member
Activity: 138
Merit: 11
Exchange BTC in Telegram https://bit.ly/2MEfiw8
how would I have noticed exactly?

Did I miss some realtime thing out there?
legendary
Activity: 1372
Merit: 1008
1davout
Wouldn't really make any sense it if was true.

If the global hashrate is computed against an average of *past* block intervals and *current* difficulty it can't be accurate right after a difficulty bump.
newbie
Activity: 28
Merit: 0
Based on the speed that the first block was generated it was not. Looks like we may have a botnet/supercomputer on our hands.
newbie
Activity: 49
Merit: 0
Yeah, i saw that too. I wonder if its a glitch.
newbie
Activity: 28
Merit: 0
Anyone else notice that the network strength went up by 700Ghash as soon as the difficulty increased? Seems like someone wanted to make sure the network stayed weak enough for their crazy hashing power to still pull in bitcoins.
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