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Topic: Diff thread July 4 July 18th? picks are closed! prize = $50 usd + ½ ing - page 2. (Read 6595 times)

legendary
Activity: 1456
Merit: 1000
Enough Kitchen talk.  I think hashrate is dropping more Grin



https://bitcoinwisdom.com/bitcoin/difficulty

Estimated Next Difficulty:   212,937,225,292 (-0.22%)
Adjust time:   After 274 Blocks, About 1.9 days

It was even lower by a little bit a day ago.  I will not complain as it is nice to see a negative I thought positive for sure, but will be happy to be wrong in this case.  The BTC value also not to bad... I'm finding it hard to complain Smiley.

At coinbase were sitting around high 690's, almost at 670.  It did dip for a bit but only around 7 dollar's so really again not much bad there could be much worse.  I went into halving with a lot of expectations and it's really been mild ... I should have been more optimistic as after halving has not been terrible.
hero member
Activity: 578
Merit: 501
Enough Kitchen talk.  I think hashrate is dropping more Grin



https://bitcoinwisdom.com/bitcoin/difficulty

Estimated Next Difficulty:   212,937,225,292 (-0.22%)
Adjust time:   After 274 Blocks, About 1.9 days

I use http://nextdifficulty.com/ to monitor difficulty changes. I like the statistics it shows. If you scroll to the bottom, you can see what bitcoinwisdom and a few others are projecting as well.
sr. member
Activity: 463
Merit: 301
Enough Kitchen talk.  I think hashrate is dropping more Grin



https://bitcoinwisdom.com/bitcoin/difficulty

Estimated Next Difficulty:   212,937,225,292 (-0.22%)
Adjust time:   After 274 Blocks, About 1.9 days
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Woah why is the kitchen Reno taking 5 weeks?! Did the plumbing / electrical / gas have to be moved?

Honestly we just got pretty much the same kitchen a few months back and it took 2 guys 2 full days then a few hours correcting things that I noticed were wrong (2 counters that were different heights on either side of the stove and a few knobs that needed to be replaced)

Although we did a lot of it ourselves (flooring, electrical was done beforehand, paint, lighting, venting for the range hood) so I guess those finishing touches took time beforehand and time after they came. That and I must admit we didn't go with granite Wink

Okay  I did no work.

demo was on June 16th  1 day

Found some mold not much so more demo next day.



That's a friday 17th 

so workers came back on monday the 20.

On monday the 20th
legendary
Activity: 1382
Merit: 1122
Woah why is the kitchen Reno taking 5 weeks?! Did the plumbing / electrical / gas have to be moved?

Honestly we just got pretty much the same kitchen a few months back and it took 2 guys 2 full days then a few hours correcting things that I noticed were wrong (2 counters that were different heights on either side of the stove and a few knobs that needed to be replaced)

Although we did a lot of it ourselves (flooring, electrical was done beforehand, paint, lighting, venting for the range hood) so I guess those finishing touches took time beforehand and time after they came. That and I must admit we didn't go with granite Wink
hero member
Activity: 2492
Merit: 621
I cant stand it when you get refused planning applications because of silly reasons, especially if the extensions don't impact anyone else. But I suppose if you bend the rules for one you open the flood gates. But still, as you've said, you've made the best of a bad situation and upgraded materials. I like the granite, better than the bog standard granite every chooses here in the UK. I swear everyone has the same kitchen but a different colour these days  Roll Eyes
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Looks very nice. Being in the building industry myself it looks very good workmanship.

Thanks  it will be the first truly good kitchen that I have owned.


 I would have extended my home on that side of the house to get what I really and truly wanted.  But the town has setback property laws so  making the home wider is restricted.  I would need to make the home deeper at a higher cost then I was willing to pay.

  So we got better materials upgrades on the Granite and  the sink.

Does look good so far.

Back to the game

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   213,606,670,824 (+0.10%)
Adjust time:   After 338 Blocks, About 2.4 days


Hashrate(?):   1,466,275,400 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 30.1 minutes
6 blocks: 1.0 hours
Updated:   13:25 (5.4 minutes ago)


pretty good

So  I will do a real time number.

421007 (Main Chain)   2016-07-16 17:32:36

419328 (Main Chain)   2016-07-04 23:16:01   

1670 blocks in 11 days  18 hours 20 minutes

should be 1584 + 108 + 2 = 1694

so real time is          1670/1694-1 =     -1.4167% real time number  with 338 blocks or so left
hero member
Activity: 2492
Merit: 621
Looks very nice. Being in the building industry myself it looks very good workmanship.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Back to complete off topic.  My kitchen has been moving along.  Job is 4 weeks 2 days.

  I think by next thur the 21st   IT WILL BE DONE  taking 5 weeks and $$$


just waiting for the granite




the granite slabs a and b



and installed late friday  which is four weeks and 1 day so far.




legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
if what im seeing on the 3day charts are correct im looking for an explosion soon on the price.. within a month!  could be any day now really.  still learning a lot on charts and i know a lot like to say btc doesnt follow those indicators but when i look in past it sure seems to to me anyway. to each their own when it comes to the charts:)  course that means diff would follow suit possibly. going to be an interesting next couple weeks i feel.

Best Regards
d57heinz
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I got my power bill a while ago, I don't recall exactly when.  But I don't have any big miners going now, just some usb sticks and such for fun.  And a few are on "free power" so they earn dust which is nice.

But I'm not surprised at the down turn, I think we are going to see a lot of the non-efficient gear going offline now.

we could have this happen maybe we get 2  or 3 drops and dip back down to 195 diff by the end of august

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331
Estimated Next Difficulty:   212,162,090,085 (-0.58%)
Adjust time:   After 410 Blocks, About 2.9 days
Hashrate(?):   1,436,308,333 GH/s
Block Generation Time(?):   
1 block: 10.1 minutes
3 blocks: 30.4 minutes
6 blocks: 1.0 hours
Updated:   3:5 (3.2 minutes ago)
legendary
Activity: 1274
Merit: 1000
I got my power bill a while ago, I don't recall exactly when.  But I don't have any big miners going now, just some usb sticks and such for fun.  And a few are on "free power" so they earn dust which is nice.

But I'm not surprised at the down turn, I think we are going to see a lot of the non-efficient gear going offline now.
legendary
Activity: 1096
Merit: 1021
Feels a bit ... "unfair" to see this topic not getting any replies after the people are picking their lottery tickets.

But , straight to the topic , the last drop in the graph on bwisdom , it is a glitch , miners getting unlucky or it is a really sharp drop driven by miners turning down hardware ?



Miners  all over the world are getting their power bills.  Most of us get   a bill on the same day each month  but it could be any day.

So a guy in USA gets a bill on July 5
A guy in France gets a bill on July 6
a guy in Eygpt gets a bill on July 7
a guy in Russia gets a bill on July 8

so on and so forth. They look at the bill and see the truth my s-5 is a loser my avalon 4 is a loser.  Slowly but surely they are turning off gear.


That's funny I got my power bill today and noticed it was much higher than I wanted it to be.  The summer rates have kicked in.
legendary
Activity: 2198
Merit: 1032
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Yea I'm pleasantly surprised of the drop. I hope your right Phil and it continues for a diff or three. I should have my s9 Monday according to ups. They shipped it out immediately.  Smiley. I'm making a play on btc rising and also will get the joy of running some downclocked s7 I purchased for winter heat.  A few kw heats my pad nicely over winter.  Be a nice upgrade from s3 I ran over last winter. I'm hoping I can get the s7 as quiet as s3 come time to put it in the house.  Back to diff.  I was seeing close to 12 min block time avg yesterday according to zeroblock.  When I think of all the last machines it seemed bitmain knew what was coming. Like I've said I think they have a good hold of things.  Let's hope price rises or diff drops to justify them keeping price high on miners. Be nice since I waited and basically screwed myself out of earnings before the halving.  

Best regards
D57heinz


looking back to last august

 a flat 3 months of jumps
4 really bad months of high jumps
5 flatter months

I really hope for more flat growth to continue
my guess for the chart below would be right in the middle of the two last arrows I drew
Ie Split that fork down the middle
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Yea I'm pleasantly surprised of the drop. I hope your right Phil and it continues for a diff or three. I should have my s9 Monday according to ups. They shipped it out immediately.  Smiley. I'm making a play on btc rising and also will get the joy of running some downclocked s7 I purchased for winter heat.  A few kw heats my pad nicely over winter.  Be a nice upgrade from s3 I ran over last winter. I'm hoping I can get the s7 as quiet as s3 come time to put it in the house.  Back to diff.  I was seeing close to 12 min block time avg yesterday according to zeroblock.  When I think of all the last machines it seemed bitmain knew what was coming. Like I've said I think they have a good hold of things.  Let's hope price rises or diff drops to justify them keeping price high on miners. Be nice since I waited and basically screwed myself out of earnings before the halving.  

Best regards
D57heinz
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
The power bill is delayed however. In my area it can take up to 3 months to get an actual power bill. They manually check each riser usually 3 times a year and your rate is prorated.



Absolutely true.  my bills are monthly in house  with 1 of 4 an auto bill.

This is good since as you say every 4 months is the norm.

This means only very few people have seen a bill since the ½ ing  it has only been about 9 or 10 ten days  so if every miner in the world has 30 day billing only  1 of 30 to 10 of 30  days are on a new bill. And for those on longer plans most people have not fully faced the ½ effects.

Lets pretend all losing gear is being turned off once a new bill comes. (not true)

lets pretend there is 400ph in losing gear now mining (may be true)

we will have a month or two downward trend for difficulty  maybe slowly going from 213 now to 180ish in sept-oct   then the trend up will happen.

this could be very good for those grabbing a s-9 or two.

I still think bitmaintech has made an error on the price and should be selling the gear right now at 2200 not 1970 or so.
Basically I believe they would still sell gear at the 2200 dollar level.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
The power bill is delayed however. In my area it can take up to 3 months to get an actual power bill. They manually check each riser usually 3 times a year and your rate is prorated.

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I was looking at the graphs and saw that the first time the drop is not after the difficulty adjustment but more like right before another one.

My current theory is that rather then waiting for the electricity bill (which if of a certain value) the miners are right now in some sort of a Canadian stand off waiting for the others to turn down their miners first.

A lot depends on your setup .

lets say  you were doing the real cheap power old gear setup

you had 1000 s-5's at 6 cent power  about 1.05 ph.

you were earning  1.143 btc  a day or 729 usd a day


you are now losing   .0944 btc or    62 usd a day

So you are close to break even rather then break up the farm  you mine a few days and decide to turn off.

you are a winner with this farm as you mined with it from January 2014 when you pruchased the gear at 300 usd a unit.

So now you shut it down you wait and see if you can get  lot of s-7s cheap  your  breakeven on a 200 dollar  s-7 would be  165 days

but right now you shut your self down  while you wait and see if you can get a lot of cheap s-7's

sr. member
Activity: 500
Merit: 250
I was looking at the graphs and saw that the first time the drop is not after the difficulty adjustment but more like right before another one.

My current theory is that rather then waiting for the electricity bill (which if of a certain value) the miners are right now in some sort of a Canadian stand off waiting for the others to turn down their miners first.
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