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Topic: Diff thread Aug 8 to Aug 22nd picks are closed. Good luck! - page 4. (Read 7070 times)

legendary
Activity: 3654
Merit: 8909
https://bpip.org
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.

I would be 95% sure it mines as sha-256

Yes, it's SHA-256. The only forking change is the block size increase. There are some other minor changes, like improved double-spend detection.

https://bitcoinxt.software/patches.html
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.

I would be 95% sure it mines as sha-256
legendary
Activity: 1456
Merit: 1000
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

Does anyone know would XT still be using the same machines to mine?   I heard a little about it and did not see on main site if current asics would be able to mine it.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Certainly, a larger block size has its merits.  However, the fear that the blockchain could fork is causing some people to scream that the sky is falling.  Truthfully, why shouldn't investors be scared?  Unless the core developers come to a consensus, then it comes down to who adopts what.  If the majority follow the XT crew, then bigger blocks (and all the other stuff in XT) come into play.  If the majority follows Core, then things remain as is (barring any other improvements that are agreed upon and added).

and this clearly points to a defect in BTC  no consensus can lead to splinter groups of coins  which will dilute the fuck out of BTC.


I can see why some people dumped coins.  If I had 1000 coins at this moment  I would need to decide what to do.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Certainly, a larger block size has its merits.  However, the fear that the blockchain could fork is causing some people to scream that the sky is falling.  Truthfully, why shouldn't investors be scared?  Unless the core developers come to a consensus, then it comes down to who adopts what.  If the majority follow the XT crew, then bigger blocks (and all the other stuff in XT) come into play.  If the majority follows Core, then things remain as is (barring any other improvements that are agreed upon and added).
legendary
Activity: 1302
Merit: 1068
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.

I was under the impression within moments of big blogs saying "OMG BITCOIN FORK INC" 10k BTC was dumped and priced dropped 10$ in minutes. Something about some pool or whatnot supporting XT + all the Chinese totally 44% or something.

Any FUD cause people to dump and run, heh.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/

Yea  has a fear factor to it.

It could hurt BTC or maybe not.  I see a lot of hedging on trading sites.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?

Bitcoin fork with larger blocks, which might or might not happen within the next few months. I would think this uncertainty could have an effect on price.

https://bitcoinxt.software/
alh
legendary
Activity: 1846
Merit: 1052
OK, I'll bite: What "XT thing" are you mentioning? Is this some other alt-coin that uses SHA-256?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
And price at 253 is not good that it seems to slowly be falling.

What's the word on the street, is it the XT thing that's causing the fall?
legendary
Activity: 1456
Merit: 1000
Bitwisdom looks good:
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,099,430,764 (-1.14%)
Adjust time:    After 532 Blocks, About 3.8 days
Hashrate(?):    369,193,362 GH/s

But I think we have a lot of S5+'s on the way to customers.  And price at 253 is not good that it seems to slowly be falling.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.


Likely a coincidence
Unless some Bitcoin miners located near that area had to be shut down temporarily
It may be possible to figure it out if there was a site near there through the history and location of active Bitcoin nodes just look post and pre explosion but not aware of a service that tracks historical nodes.




My thoughts are some power interruptions may have occur in the entire area. This meant some gear was put off line.  We backed of from a +4.00%  to +1.00%


3.00% is about   10-11ph    so some could have been sales of used s-5's and s-5+'s the rest may have been power outages.
hero member
Activity: 700
Merit: 500

http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.


Likely a coincidence
Unless some Bitcoin miners located near that area had to be shut down temporarily
It may be possible to figure it out if there was a site near there through the history and location of active Bitcoin nodes just look post and pre explosion but not aware of a service that tracks historical nodes.


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





http://btc.blockr.io/charts

And the first four days  for this diff adjustment  pre China explosion.

 


Aug    8  2015   163     +19  but about +10 since part was last diff
Aug    9  2015   133      -11        so -1
Aug  10  2015    168     +24       So  +23
Aug  11  2015    170     +26         means we are + 49


And the 6 days after the China explosion.

Aug 12 2015   122      -22
Aug 13 2015   151      +7
Aug 14 2015   137       -7
Aug 15 2015   136       -8
Aug 16 2015   141       -3                     -33 after the explosion
Aug 17 2015   145       +1                     -32 after the explosions

So A coincidence ?    or did some damage occur.   Not  farms but net or just power restrictions to 1 farm near the blast.

Always hard to fully understand dynamics of diff.  Just look at the last 10 days    we had 122 as a low and 170 as a high!  Those are really big swings.

Our real number is +17    blocks


so we made 1413  and 1396 would be 0%   we are really at  +1.21%


Looking at the photos of the fire/explosions  does make you realize BTC centralization is a bad thing. 

 Farms of 20ph or more     mean 20/350 or 5.7% of the network.

Asic builders should take note the 2x 10ph farms are better then 1x 20ph

Well 603 blocks left should be fun.
legendary
Activity: 1456
Merit: 1000
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee! Grin

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.

And they take cash via bank transfers.

So if they unplugged 4.3x the 800th that would be  3.5ph or a full 1%   drop .  I still think those fires/explosions in China affected power to a farm or 2.

We were +4%  that is 14ph drop. 

Would not surprise me on it effecting  a farm on explosion.  They have shown the crater it created it is crazy amount of damage.   

The question becomes if any were in the warehouse and are gone.   Or if they are just being effected by the electricity being down in some places.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee! Grin

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.

And they take cash via bank transfers.

So if they unplugged 4.3x the 800th that would be  3.5ph or a full 1%   drop .  I still think those fires/explosions in China affected power to a farm or 2.

We were +4%  that is 14ph drop. 
legendary
Activity: 1456
Merit: 1000
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee! Grin

Now that is great news!   Only thing is all the S5+'s are in the mail most likely.

So we had a decent amount of machines unplugged and now in mail I would guess.
hero member
Activity: 742
Merit: 500
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee! Grin
legendary
Activity: 1456
Merit: 1000
from that addy  I think this is the s-5+ tally

26    orders of 1
 8     orders of 2
 3     orders of 3
 1     order of  4
 3     orders of 5
 1     order  of 7
 1     order of 8
 2     orders of 10

That would be around 105 machines.  Giving 7.7 TH each around is a little over 800T.    

The thing I wonder is the data center's.   I am guessing they might have their own addy.   I'm not sure how wild data centers will go with price, but as far as footprint they are able to put a lot more S5+ then regular S5 in space.  

Also bitwisdom looks nice:
Bitcoin Difficulty:    52,699,842,409
Estimated Next Difficulty:    53,057,568,681 (+0.68%)
Adjust time:    After 739 Blocks, About 5.1 days
Hashrate(?):    360,906,292 GH/s

Price is around 258.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
from that addy  I think this is the s-5+ tally

26    orders of 1
 8     orders of 2
 3     orders of 3
 1     order of  4
 3     orders of 5
 1     order  of 7
 1     order of 8
 2     orders of 10
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