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Topic: Diff thread July 18 to Aug 1st? picks are Now closed! prize = $50 usd - page 4. (Read 8168 times)

legendary
Activity: 1456
Merit: 1000
Bitwisdom looks even nicer today:

Bitcoin Difficulty:    213,492,501,108
Estimated Next Difficulty:    196,730,893,058 (-7.85%)
Adjust time:    After 814 Blocks, About 6.3 days
Hashrate(?):    1,390,754,658 GH/s

Wish we had the reason behind drop, but hard to argue with it very nice change for us miner's.   Also on value around 5 dollar or so up on coinbase (it went down for a little bit to high 640's, but went back up pretty soon after).   Bot little gain on value and decent looking drop looks great to me. 

I am hoping I am wrong on guess and it keeps going down on difficulty.  Only thing that scares me is if it is someones upgrading.   In that case could be a temporary drop and end up with a bigger hashrate in the end.  Guess that would be the pessimistic possible view.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'


Picks are open

Lindin99           = -11.1
javierfjavier      = -10.5
ZedZedNova      = -9.9
traxor                 = -9.6
tntdgcr               = -9.4
edonkey             = -9.0
alh                     =  -8.9
topiOleg             = -8.8
-8.5 for me   or is it  networkgeek24


cpfreeplz            = -8.3
Erumara             = -8.2
Cuidler              = -8.1
slastar               = -8.0
leowonderful      =-7.9
Notlist3d           = -7.8
Mikestang          = -7.7
-droid-              =  -7.6
in2tactics           = -7.5
blindminer         = -7.1
generalt             = -6.8
ingiltere              = -6.6
VRobb                = -6.5
dukeneptun         = -6.3
Psi                      = -6.2
ATguy                 = -6.0
DanielRo            = -5.9
wpt1wpt1           = -5.8
testerman          = -5.7
vg54dett            = -5.6
vapourminer       = -5.5
Veves1                = -5.4      vapourminer had -5.5 first
albertamining     = -4.9
merelcoin           = -4.8
  
gt_addict            = -4.7
HerbPean            = -4.2
NeuroticFish        = -4.1
petahashminer    = -3.9
Jebuswalks22      = -3.6

GreatNorthData   = -3.0
lolxxxx                = -2.5
Goms                 = -1.5
philipma1957      = -1.2
 adaseb              =   0.0


+1.0                   = pusttiu


@ Veves1 I moved you to   -5.4  as vapourminer had -5.5 first

I had skipped it on the list.

full member
Activity: 186
Merit: 100
javierfjavier = -10.5

It will be in the 10's range for sure
hero member
Activity: 578
Merit: 501
Well, projections continue to sink into the negative territory. I am beginning to think that my -7.5% was too modest. Sad
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
]

Picks are open

Lindin99           = -11.1
ZedZedNova      = -9.9
traxor                 = -9.6
tntdgcr               = -9.4
edonkey             = -9.0
alh                     =  -8.9
topiOleg             = -8.8
-8.5 for me   or is it  networkgeek24


cpfreeplz            = -8.3
Erumara             = -8.2
Cuidler              = -8.1
slastar               = -8.0
leowonderful      =-7.9
Notlist3d           = -7.8
Mikestang          = -7.7
-droid-              =  -7.6
in2tactics           = -7.5
blindminer         = -7.1
generalt             = -6.8
ingiltere              = -6.6
VRobb                = -6.5
dukeneptun         = -6.3
Psi                      = -6.2
ATguy                 = -6.0
DanielRo            = -5.9
wpt1wpt1           = -5.8
testerman          = -5.7
vg54dett            = -5.6
vapourminer       = -5.5
Veves1                = -5.4      vapourminer had -5.5 first
albertamining     = -4.9
merelcoin           = -4.8
  
gt_addict            = -4.7
HerbPean            = -4.2
NeuroticFish        = -4.1
petahashminer    = -3.9
Jebuswalks22      = -3.6

GreatNorthData   = -3.0
lolxxxx                = -2.5
Goms                 = -1.5
philipma1957      = -1.2
 adaseb              =   0.0


+1.0                   = pusttiu


@ Veves1 I moved you to   -5.4  as vapourminer had -5.5 first

I had skipped it on the list.

http://nextdifficulty.com/



NEXT BITCOIN DIFFICULTY CHANGE
Current Hashrate: 1384166 TH/s* - Current price $ 647
Conservative: -9.4% -10.7% Continous: -14.5 %
Next Difficulty Value:190711014395
Change will happen on appr. August 3, 2016, 7:40 am
Blocks to solve in this difficulty: 822

https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   213,492,501,108
Estimated Next Difficulty:   196,757,959,964 (-7.84%)

Adjust time:   After 821 Blocks, About 6.3 days  picks end at 716

Hashrate(?):   1,384,115,117 GH/s
Block Generation Time(?):
   
1 block: 11.1 minutes   this would be -11%

3 blocks: 33.2 minutes
6 blocks: 1.1 hours
Updated:   21:10 (3.0 minutes ago


we made  1195 blocks so far


   
422539 (Main Chain)   2016-07-28 01:01:52

421344 (Main Chain)   2016-07-18 23:22:42


1195

9 days  x 144 = 1296
1 hour  x 10   =  10 wrong 
20 min          =     2

1308 = normal 0%

1195/1308- 1 =  -0.8639%   real time wrong
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'

Picks are open

Lindin99           = -11.1
ZedZedNova      = -9.9
traxor                 = -9.6
tntdgcr               = -9.4
edonkey             = -9.0
alh                     =  -8.9
topiOleg             = -8.8
-8.5 for me   or is it  networkgeek24


cpfreeplz            = -8.3
Erumara             = -8.2
Cuidler              = -8.1
slastar               = -8.0
leowonderful      =-7.9
Notlist3d           = -7.8
Mikestang          = -7.7
-droid-              =  -7.6
in2tactics           = -7.5
blindminer         = -7.1
generalt             = -6.8
ingiltere              = -6.6
VRobb                = -6.5
dukeneptun         = -6.3
Psi                      = -6.2
ATguy                 = -6.0
DanielRo            = -5.9
wpt1wpt1           = -5.8
testerman          = -5.7
vg54dett            = -5.6
vapourminer       = -5.5
Veves1                = -5.4      vapourminer had -5.5 first
albertamining     = -4.9
merelcoin           = -4.8
  
gt_addict            = -4.7
HerbPean            = -4.2
NeuroticFish        = -4.1
petahashminer    = -3.9
Jebuswalks22      = -3.6

GreatNorthData   = -3.0
lolxxxx                = -2.5
Goms                 = -1.5
philipma1957      = -1.2
 adaseb              =   0.0


+1.0                   = pusttiu


@ Veves1 I moved you to   -5.4  as vapourminer had -5.5 first

I had skipped it on the list.

full member
Activity: 174
Merit: 100
topiOleg  = -8.8

If the bitcoinwisdom gray graph line for hash rate of the last 504 blocks is fixed (it was wrong one week ago), then the hash rate drop stopped already.


https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty: 213,492,501,108
Estimated Next Difficulty: 197,050,611,206 (-7.70%)
Adjust time: After 834 Blocks, About 6.4 days
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
congrats to VRobb on win last round !

Psi = -6.2
Thanks, just blind-ass luck!  Loving the drop in diff that's sure to come, we'll see just how far it goes...!  Grin
legendary
Activity: 938
Merit: 1000
Besides, if you want to replace the 20PH with S9 hardware, you'll need to purchase at least 1700 of them. Even with a discount, that will be significant money to send off to Bitmain. I wonder what kind of terms you get if you offer to buy 1700 S9 units from Bitmain?

and lets say   this pretend farm does 5 s-9's a week  in a week  he gains 60th but he can take 50 s-5's off line.

losing 57.5 th

 net hash rate gain = 2.5 th

power savings 7000 watts  for the near gear adds on but 30,000 watts drops

So that is 23 kwatts saved which is 552 kwatts per day and 3864 kwatts saved in a week.  that is 220 usd in power savings with a gain in 2.5th hash rate.

So this 20ph s-5 farm should simply add 5 s-9s a week for now since price is high.
If and when price drops he can speed up his conversion.



now that is the s-5 guy with cheap power.

if you are 20ph in s-7's  with 6 cent power  just mine and hold your coins



You got it spot on. That's why I actual invested in further S7`s after halving. With a power price below 0.06$ the S7 is still a solid investment if the BTC price keeps steady or rise. I think the last will happen when supply dries out. The latest drop in Hashrate I expect to be power hungry units like S4`s, Tubes and other chinese miners. S5`s will stil be mining if the power prices is below 0.02$ and thats possible not only in china.
legendary
Activity: 1638
Merit: 1005
My gut feeling is telling me we are going to see a massive spike back soon ... I hope i'm wrong  Cheesy
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
full member
Activity: 260
Merit: 101
Psi
legendary
Activity: 1022
Merit: 1000
[center][table][tr][td][url=https://trustdice.win/
congrats to VRobb on win last round !

Psi = -6.2
hero member
Activity: 840
Merit: 1000
hero member
Activity: 689
Merit: 501
alh
legendary
Activity: 1843
Merit: 1050
Not going to wait until the last minute, though I have no idea where this is going to go.

alh     =  -8.9
legendary
Activity: 1456
Merit: 1000
Notlist3d        = -7.8

Dang... interesting reading this after getting home from a conference.  I had been keeping up with price but had not been watching difficulty.   Happy to see a negative most likely.   I wonder if some gear is finally coming offline.    I keep thinking it will happen... but seems slow.

Either way it's a win if we can keep BTC price stable and get a negative.  I would consider that a good difficulty period for sure.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'

Picks are open

Lindin99           = -11.1
ZedZedNova      = -9.9
traxor                 = -9.6
tntdgcr               = -9.4
edonkey             = -9.0

-8.5 for me   or is it  networkgeek24


cpfreeplz            = -8.3
Erumara             = -8.2
Cuidler              = -8.1
slastar               = -8.0
leowonderful      =-7.9

Mikestang          = -7.7
-droid-              =  -7.6
in2tactics           = -7.5
blindminer         = -7.1
generalt             = -6.8
ingiltere              = -6.6
VRobb                = -6.5
dukeneptun         = -6.3
ATguy                 = -6.0
wpt1wpt1           = -5.8
vg54dett            = -5.6
vapourminer       = -5.5
Veves1                = -5.4      vapourminer had -5.5 first
albertamining     = -4.9
merelcoin           = -4.8
  
gt_addict            = -4.7
HerbPean            = -4.2
NeuroticFish        = -4.1
petahashminer    = -3.9
Jebuswalks22      = -3.6

GreatNorthData   = -3.0
lolxxxx                = -2.5
Goms                 = -1.5
philipma1957      = -1.2
 adaseb              =   0.0

@ Veves1 I moved you to   -5.4  as vapourminer had -5.5 first

I had skipped it on the list.


@ HerbPean

work done on kitchen has been pretty good quality,but the waiting for the missing cabinet really slowed things up.

difficulty has really dropped

I wonder if a farm was taken out in China due to these floods?


http://nanonews.org/almost-300-dead-or-missing-from-china-flooding/


https://www.yahoo.com/news/china-suspends-4-local-officials-deadly-floods-090520566.html?nhp=1

http://www.seattlepi.com/news/world/article/At-least-75-dead-missing-in-recent-China-flooding-8399947.php

http://floodlist.com/asia/china-floods-northern-provinces-july-2016

If flooding hammered BTC farms and or basic building spots  we could have a long long long long long delay on s-9's

When western digital hdds flooded it set back the entire world in hdd sales.

If bitmaintech lost a building with s-9s'  and a farm filled with s-9s'  it would set the hash rate back a lot and cause a true shortage of s-9s'

This is a great opportunity for bitmaintech to announce a delay in the s-9 being built.

Then hold the gear another week and sell at a higher price. leak a few rumors about a limit to builds.  Only some stock on hand yada yada yada.

sr. member
Activity: 294
Merit: 250
Cuidler = -8.1

The floods affecting big mining farms is nice speculation. I think we would see in Bitcoin based news some story pretty soon how some mining farm was flooded and mining equipment worth million of yuans lost. Pretty small chance though, the China is big country and floods tend to be only localized events. Many mining farms uses cheap hydro power electricity in China though, so they need to be located near rivers - so there is some possibility.

Last day hashpower pretty stable around difficulty 190,000,000,000, lets see if it stays there for few more days, then we could see some two digit difficulty change - which I dont expect.
legendary
Activity: 1050
Merit: 1001
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