Author

Topic: BTC Difficulty Update Time (Read 1247 times)

full member
Activity: 174
Merit: 100
< My mining rig >
April 27, 2013, 11:54:23 AM
#3
Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?


No formulas exist -- it's best guess only (there are estimators around, e.g. http://bitclockers.com/miningcalculator).  Difficulty is adjusted every 2016 blocks based on an moving average target of 6 blocks per hour.  If blocks are generating faster, the difficulty increases; if slower, difficulty decreases.  Of course, with all the ASICs coming online, difficulty will probably never go down.  The next 2016th block will be Block # 233,855 coming up in a couple of days.
sr. member
Activity: 389
Merit: 250
April 27, 2013, 11:43:09 AM
#2

This page estimates going to 9.9 M on Tuesday:

http://dot-bit.org/tools/nextDifficulty.php
sr. member
Activity: 448
Merit: 250
April 26, 2013, 09:46:24 AM
#1
Hey guys, quick question

Can somebody tell me by when, difficulty must be adjusted, for the next difficulty change to be >10,000,000? 

Or what formula i'd need to use?


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