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Topic: Diff contest Aug 9 to Aug?.Prize a black sealed Trezor wallet. Picks are closed. - page 3. (Read 7433 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
This will be one spectacular drop if it's even more than 20%. Never thought I'd see the day this happens, difficulty will probably keep increasing as it was once BCH profitability lowers and if EDA is modified but 2X could be yet another alt causing difficulty drops. Don't know about you guys, but if this format continues difficulty contests will be like finding a nail in an even larger haystack than before.

I think I will suspend it this time.

I have a trezor and  then 1ltc+a compac for two prizes.

But the work needed to keep track  would be a lot.

viabtc.com claims  



Network HashRate  7271 P for btc

Network HashRate  615 P  for bcc/bch

 The math comes to


482293 (Main Chain)   2017-08-28 01:52:08
481824 (Main Chain)   2017-08-24 01:57:37


so              469 blocks in 96 hours

should be  576 blocks in 96 hours

469/576  =  81.4%  which is a 18.6% drop  so a big shift  back to btc.

but  so far we know the shift can happen  tomorrow and bcc could be at 3700p  with btc at 4400p  ..  I will do a suspension of the contest for one adjustment as I want bitcoinwisdom to work again to help with picking
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
This will be one spectacular drop if it's even more than 20%. Never thought I'd see the day this happens, difficulty will probably keep increasing as it was once BCH profitability lowers and if EDA is modified but 2X could be yet another alt causing difficulty drops. Don't know about you guys, but if this format continues difficulty contests will be like finding a nail in an even larger haystack than before.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I am having trouble with exact  block the new diff started at.

https://bitcoincharts.com/

this claims  block 481824  was first block of new diff

Blocks   481823
Total BTC   16.523M
 
Difficulty   923233068449
Estimated   887736944047 in 1 blks
 
Network total   7983858.406 Thash/s
Blocks/hour   7.25 / 497 s


if true

482085 (Main Chain)   2017-08-26 16:27:59
481824 (Main Chain)   2017-08-24 01:57:37

261 blocks made in    24 + 24 + 14.5 hours


261/60.5 = 4.314 blocks an hour vs 6

4.314/6

71.9 %

or a 28.1% drop  at the 261 block number

so  we know the hash is at bcc/bch   and can shift back

but a 28.1% drop in diff  and price of coin over 4100 usd for btc would be a nice gain for miners


legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Yeah and on Aug 24th 1:58 am  we were at block 2016

So 24 + 24 + 10 = 58 hours

so 257/58 = 4.43 blocks an hour  vs 6

or 73.8%  that means  -26.2%

I need to check  the time span better


block 482093 was at  2017  8 - 26 - 16:04

block 481834 was at  2017  8 - 24  - 04:49

that is 24 + 24 + 11 = 59.25 not 58  as I guessed at above

so 257/59.25 = 4.337 blocks an hour vs  6

which is  72.29%

or a 27.71% drop


freaking  amazing!

now we are only 257 blocks in.

and the hash is on BCC/BCH  it can flip back here at any time.

So  the 27.71%  drop can  move up fast.



I could be off just a bit as  I think  the new diff started at block  481834  if someone knows this to be wrong or true  please let me know.
sr. member
Activity: 464
Merit: 301
We can do a manual  figure .

2016
1757

259 blocks New York Yankee time is 12:15 Pm
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

would be nice to see current diff number

Diff is @ 888,171,856,257.32

So how do I track current diff?  any one have a link to a current diff tracker?


Try this: http://bitcointicker.co/networkstats/

We have this for current numbers  we are at block 1757



legendary
Activity: 1498
Merit: 1030
It would be nice if the bitcoinwisdom guy would update his website - he seems to have largely ignored it most of the last year and some, and the "freezeups" are getting irritating.

 Seems like quite a few folks have been "bouncing" between BTC and BCC the last few days, since BCC price went up enough to be competative on profitability, per https://blockchain.info/charts/hash-rate?timespan=30days

Unfortunately, that chart doesn't track diff, but https://blockchain.info/charts/difficulty does.

 

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

would be nice to see current diff number

Diff is @ 888,171,856,257.32

So how do I track current diff?  any one have a link to a current diff tracker?


Try this: http://bitcointicker.co/networkstats/

good it works and we are looking at a 20% drop in the diff!  but switching  is easy look at the hash on viabtc

6600p is close to the baseline  or a 0% change

at 4300 for btc
at 3800 for bcc/bch

a drop from 6600p to 4300p =  more then 33% drop.

if  btc  goes lower hash then  bcc/bch  we will no long have alt coins  since every coin will be an alt coin.  we would just have cryptocoins  just definitions  as I see it.




member
Activity: 115
Merit: 10
Tip: 1JBSwRgm7iMzc7uyhnJdxH7hSECdJkdMoj
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

would be nice to see current diff number

Diff is @ 888,171,856,257.32


So how do I track current diff?  any one have a link to a current diff tracker?

Difficulty History

Date   Difficulty   Change   Hash Rate
Aug 09 2017   923,233,068,449   7.32%   6,608,759,726 GH/s
Jul 27 2017   860,221,984,436   6.92%   6,157,708,817 GH/s
Jul 14 2017   804,525,194,568   13.53%   5,759,015,666 GH/s
Jul 02 2017   708,659,466,230   -0.43%   5,072,782,052 GH/s
Jun 17 2017   711,697,198,174   4.85%   5,094,526,985 GH/s
Jun 04 2017   678,760,110,083   13.90%   4,858,754,124 GH/s


we are back to Jun 4 diff numbers according to viabtc!!


I smell something rotten

look at this  below:


There is something going on in the world of btc  being done at big levels.

I see btc diff dropping more then 20%  

hashrate  is about 6,700,000,000  for the current diff of close to 886,000,000,000

I can do longer find current diff numbers live time

and current hash rate according to viabtc is at 4,700,000,000
Why are the live time diff trackers off line?






member
Activity: 115
Merit: 10
Tip: 1JBSwRgm7iMzc7uyhnJdxH7hSECdJkdMoj

would be nice to see current diff number

Diff is @ 888,171,856,257.32
legendary
Activity: 1150
Merit: 1004
Nothing new there, just a bit bigger for now ('till BCH attention span dies down to the level of all of the other SHA256 based coins).

Sure there have always been other SHA256 coins, but they've only amounted to a tiny bit of noise on the Bitcoin signal.

You have to admit that the scale here with BCH is unprecedented. Even Garza's Paycoin (everyone here remember that scam?) didn't have this effect on the difficulty of the main chain.

That said, I agree that BCH will wain. It has no value except for speculation and cyclical mining profits (for the moment). IMHO, BCH is just Bitmain enabling the big block true believer bag holders. Guess who wins in that scenario?

If the 2x hard fork actually happens, then we will see the original Bitcoin verses two speculative alts. If BCH hasn't already tanked, it will at least have to share the remaining table scraps with the new 2x alt. Sure, 2x wasn't designed to enable miner manipulation, so Bitmain won't support it. But 2x is sure to to have a speculative following of some sort.

Regardless, competition among the alts that have no real economic reason for being will help dilute them both.

I suspect that come the new year, none of this will matter. Miners will for the most part return to the original Bitcoin, and the forks will flounder. A year from now the forks probably won't even be in the top ten.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
And bitcoin's price is up, up and away (hopefully). Im confused as to what Bitcoin cash...will do...arent we heading towards a hard fork ?  so 3 coins.  Where does that leave BCH ?
Well, as of now BCH is just a trader and speculator's toy to mess around with and a miner's dream for more profit. 2X will be another fork like you said and it could have a more drastic effect on BTC's price (and possibly mining if it uses another BCH-like difficulty model). Only time can tell at this point, but from what I can tell 2X won't be too pleasant.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
And bitcoin's price is up, up and away (hopefully). Im confused as to what Bitcoin cash...will do...arent we heading towards a hard fork ?  so 3 coins.  Where does that leave BCH ?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Nothing new there, just a bit bigger for now ('till BCH attention span dies down to the level of all of the other SHA256 based coins).



https://pool.viabtc.com/

BTC
Network HashRate

5145 P



BCC

Network HashRate

2838 P


btc is down 20%

no one is giving current diff numbers

we only have the numbers above from viabtc.com site

would be nice to see current diff number
legendary
Activity: 1498
Merit: 1030
Nothing new there, just a bit bigger for now ('till BCH attention span dies down to the level of all of the other SHA256 based coins).

legendary
Activity: 1150
Merit: 1004
Ack! I (or rather our cats) thought this was hard before BCH. Now we have to also predict the swing of the hash rate pendulum.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Sheesh, looks like bitcoin "wisdom" is stuck again.  1.6 hours and counting...!  Tongue

Bitcoin Difficulty:923,233,068,449
Estimated Next Difficulty:886,978,918,154 (-3.93%)
Adjust time:After 1 Blocks, About 10.3 minutes
Hashrate(?):5,658,924,901 GH/s
Block Generation Time(?):

1 block: 10.3 minutes

3 blocks: 30.9 minutes

6 blocks: 1.0 hours

Updated:18:55 (1.6 hours ago)

I guess the -3.93% is correct though?

Yes for 1 block left it was correct .

We hit the next block about 10 minutes later so. Somewhere between -3.8 and - 4.1

Since the closest pick to that was -3.0 I think there was no winner.
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Sheesh, looks like bitcoin "wisdom" is stuck again.  1.6 hours and counting...!  Tongue

Bitcoin Difficulty:923,233,068,449
Estimated Next Difficulty:886,978,918,154 (-3.93%)
Adjust time:After 1 Blocks, About 10.3 minutes
Hashrate(?):5,658,924,901 GH/s
Block Generation Time(?):

1 block: 10.3 minutes

3 blocks: 30.9 minutes

6 blocks: 1.0 hours

Updated:18:55 (1.6 hours ago)

I guess the -3.93% is correct though?
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