Author

Topic: Bitcoin Diff Jump in About 7.5 hours. :( (Read 1213 times)

alh
legendary
Activity: 1843
Merit: 1050
February 05, 2017, 12:09:11 AM
#10
Diff change came in at 7.43%. Since November 5th (about 3 months), the difficulty has increased by about 66%. That's a pretty brutal pace on an annual basis. At $1028, the BTC price is nice, but I don't think it's improved by 66% since November 5th, has it?

Looks to me like we are still losing ground aren't we? Sad
hero member
Activity: 658
Merit: 500
Visualize whirledps
February 04, 2017, 08:26:31 PM
#9
BOOM. There goes the diff. I think it was about 7.5.

They're already predicting 460,786,659,806 (+9.15%) for two weeks from now. But really, no one has a damn clue!  Cool

But seriously, that wasn't too bad at all. I was concerned we'd see 12-15+%. I guess all the mega-miners were able to tone it down just in time to not effect their profitability too badly.

Here's hoping for the coin prices to keep up with the diff and that some mystery hardware manufacturer comes out with a 1,000w, 15TH water cooled miner just in time for summer! Smiley Oh yeah, I forgot, the price is only $989.99.

Talk about a diff explosion then!!!

Yeah, I've been drinking.... But not too much. Cheesy

Rest wishes too all and MINE ON! Cheesy

I should crack open a beer or two.

There ya go, Philip! Enjoy the rest of your evening and don't stress on your mining hardware issues. It'll all work out. My hopes are that nothing else breaks.  Cheesy

Best wishes and Mine On!
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
February 04, 2017, 08:23:21 PM
#8
BOOM. There goes the diff. I think it was about 7.5.

They're already predicting 460,786,659,806 (+9.15%) for two weeks from now. But really, no one has a damn clue!  Cool

But seriously, that wasn't too bad at all. I was concerned we'd see 12-15+%. I guess all the mega-miners were able to tone it down just in time to not effect their profitability too badly.

Here's hoping for the coin prices to keep up with the diff and that some mystery hardware manufacturer comes out with a 1,000w, 15TH water cooled miner just in time for summer! Smiley Oh yeah, I forgot, the price is only $989.99.

Talk about a diff explosion then!!!

Yeah, I've been drinking.... But not too much. Cheesy

Rest wishes too all and MINE ON! Cheesy

I should crack open a beer or two.
hero member
Activity: 658
Merit: 500
Visualize whirledps
February 04, 2017, 07:44:31 PM
#7
BOOM. There goes the diff. I think it was about 7.5.

They're already predicting 460,786,659,806 (+9.15%) for two weeks from now. But really, no one has a damn clue!  Cool

But seriously, that wasn't too bad at all. I was concerned we'd see 12-15+%. I guess all the mega-miners were able to tone it down just in time to not effect their profitability too badly.

Here's hoping for the coin prices to keep up with the diff and that some mystery hardware manufacturer comes out with a 1,000w, 15TH water cooled miner just in time for summer! Smiley Oh yeah, I forgot, the price is only $989.99.

Talk about a diff explosion then!!!

Yeah, I've been drinking.... But not too much. Cheesy

Rest wishes too all and MINE ON! Cheesy
hero member
Activity: 658
Merit: 500
Visualize whirledps
February 04, 2017, 05:15:09 PM
#6
I'm going to turn my miners off for the next few hours. That should drop the difficulty increase to 2.5-3% at the most!  Grin
legendary
Activity: 1456
Merit: 1001
February 04, 2017, 04:34:44 PM
#5
I don't see more than 7% as a low jump, every time that difficulty jumps (more than 1-3 %) some small bitcoin mining users disconnect its hardware. You can only have profits on home mining on countries with very low electricity cost.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
February 04, 2017, 03:36:10 PM
#4
I just took a look at Bitcoin Wisdom to see what may be in store for us.

Currently looks like a (+8.64%) jump in about 5.8 hours or about 39 blocks. Of course that may change either way before then, but we're getting close.

I'm just thankful it's not showing a 12-15% diff increase.

Good lucks boys and girls and hold on tight!
Mine on!!  Grin  Cheesy  Grin  Cheesy  Cool

EDIT: It's showing an average of right at 1 block per 9 minutes.  Shocked


Bitcoin Difficulty: 392,963,262,344
Estimated Next Difficulty: 426,926,642,622 (+8.64%)  
Adjust time: After 39 Blocks, About 5.8 hours  
Hashrate(?): 3,090,761,642 GH/s
Block Generation Time(?):
1 block: 9.0 minutes

3 blocks: 26.9 minutes

6 blocks: 53.9 minutes

pretty expected with the price rise, difficulty could and probably will jump to even higher points after this price rise and after the difficulty adjustment. 10-15% is possible in the next few weeks if price holds or rises.

Looking like around +7.8% now with a little less than 4 hours to go, according to BitcoinWisdom.
I'm certainly glad to see it come down from the +mid-teens increase it showed after the last adjustment.

We'll know for sure in a few hours. Smiley
Demand for miners will also rise along with the price, so we could be back to that huge upward difficulty trend in the next few weeks still. Exciting times ahead Smiley
hero member
Activity: 658
Merit: 500
Visualize whirledps
February 04, 2017, 03:34:00 PM
#3
I just took a look at Bitcoin Wisdom to see what may be in store for us.

Currently looks like a (+8.64%) jump in about 5.8 hours or about 39 blocks. Of course that may change either way before then, but we're getting close.

I'm just thankful it's not showing a 12-15% diff increase.

Good lucks boys and girls and hold on tight!
Mine on!!  Grin  Cheesy  Grin  Cheesy  Cool

EDIT: It's showing an average of right at 1 block per 9 minutes.  Shocked


Bitcoin Difficulty: 392,963,262,344
Estimated Next Difficulty: 426,926,642,622 (+8.64%)  
Adjust time: After 39 Blocks, About 5.8 hours  
Hashrate(?): 3,090,761,642 GH/s
Block Generation Time(?):
1 block: 9.0 minutes

3 blocks: 26.9 minutes

6 blocks: 53.9 minutes

pretty expected with the price rise, difficulty could and probably will jump to even higher points after this price rise and after the difficulty adjustment. 10-15% is possible in the next few weeks if price holds or rises.

Looking like around +7.8% now with a little less than 4 hours to go, according to BitcoinWisdom.
I'm certainly glad to see it come down from the +mid-teens increase it showed after the last adjustment. Of course it could move either way in the next few hours.

We'll know for sure in a few hours. Smiley
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
February 04, 2017, 03:30:28 PM
#2
I just took a look at Bitcoin Wisdom to see what may be in store for us.

Currently looks like a (+8.64%) jump in about 5.8 hours or about 39 blocks. Of course that may change either way before then, but we're getting close.

I'm just thankful it's not showing a 12-15% diff increase.

Good lucks boys and girls and hold on tight!
Mine on!!  Grin  Cheesy  Grin  Cheesy  Cool

EDIT: It's showing an average of right at 1 block per 9 minutes.  Shocked


Bitcoin Difficulty: 392,963,262,344
Estimated Next Difficulty: 426,926,642,622 (+8.64%) 
Adjust time: After 39 Blocks, About 5.8 hours 
Hashrate(?): 3,090,761,642 GH/s
Block Generation Time(?):
1 block: 9.0 minutes

3 blocks: 26.9 minutes

6 blocks: 53.9 minutes

pretty expected with the price rise, difficulty could and probably will jump to even higher points after this price rise and after the difficulty adjustment. 10-15% is possible in the next few weeks if price holds or rises.
hero member
Activity: 658
Merit: 500
Visualize whirledps
February 04, 2017, 09:55:54 AM
#1
 I just took a look at Bitcoin Wisdom to see what may be in store for us.

Currently looks like a (+8.64%) jump in about 5.8 hours or about 39 blocks. Of course that may change either way before then, but we're getting close.

I'm just thankful it's not showing a 12-15% diff increase.

Good lucks boys and girls and hold on tight!
Mine on!!  Grin  Cheesy  Grin  Cheesy  Cool

EDIT: It's showing an average of right at 1 block per 9 minutes.  Shocked


Bitcoin Difficulty: 392,963,262,344
Estimated Next Difficulty: 426,926,642,622 (+8.64%) 
Adjust time: After 39 Blocks, About 5.8 hours 
Hashrate(?): 3,090,761,642 GH/s
Block Generation Time(?):
1 block: 9.0 minutes

3 blocks: 26.9 minutes

6 blocks: 53.9 minutes
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