Diff thread Aug 8 to Aug 22nd picks are closed. Good luck! - page 4.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: philipma1957 on August 18, 2015, 02:54:05 PM

Quote from: notlist3d on August 18, 2015, 02:52:41 PM

Quote from: philipma1957 on August 18, 2015, 12:13:04 PM

Quote from: suchmoon on August 18, 2015, 10:58:11 AM

Quote from: alh on August 18, 2015, 10:54:49 AM

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

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: notlist3d on August 18, 2015, 02:52:41 PM

Quote from: philipma1957 on August 18, 2015, 12:13:04 PM

Quote from: suchmoon on August 18, 2015, 10:58:11 AM

Quote from: alh on August 18, 2015, 10:54:49 AM

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

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on August 18, 2015, 12:13:04 PM

Quote from: suchmoon on August 18, 2015, 10:58:11 AM

Quote from: alh on August 18, 2015, 10:54:49 AM

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: jonnybravo0311 on August 18, 2015, 12:38:28 PM

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.

jonnybravo0311

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).

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: philipma1957 on August 18, 2015, 12:13:04 PM

Quote from: suchmoon on August 18, 2015, 10:58:11 AM

Quote from: alh on August 18, 2015, 10:54:49 AM

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: suchmoon on August 18, 2015, 10:58:11 AM

Quote from: alh on August 18, 2015, 10:54:49 AM

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.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: alh on August 18, 2015, 10:54:49 AM

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?

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: notlist3d on August 18, 2015, 09:21:58 AM

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?

notlist3d

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: EternalWingsofGod on August 18, 2015, 04:00:39 AM

Quote from: philipma1957 on August 17, 2015, 10:59:40 PM

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.

EternalWingsofGod

hero member

Activity: 700

Merit: 500

Quote from: philipma1957 on August 17, 2015, 10:59:40 PM

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'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.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on August 17, 2015, 11:26:20 AM

Quote from: notlist3d on August 17, 2015, 10:59:21 AM

Quote from: mavericklm on August 17, 2015, 10:56:21 AM

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: notlist3d on August 17, 2015, 10:59:21 AM

Quote from: mavericklm on August 17, 2015, 10:56:21 AM

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.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: mavericklm on August 17, 2015, 10:56:21 AM

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.

mavericklm

hero member

Activity: 742

Merit: 500

Bitcoin Difficulty: 52,699,842,409
Estimated Next Difficulty: 52,677,038,886 (-0.04%)

negativeeeeeeeeeeeeeeeee! Grin

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on August 16, 2015, 11:01:55 PM

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.

philipma1957

legendary

Activity: 4326

Merit: 8899

'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

Topic: Diff thread Aug 8 to Aug 22nd picks are closed. Good luck! - page 4. (Read 7105 times)