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Topic: Diff thread July 4 July 18th? picks are closed! prize = $50 usd + ½ ing - page 7. (Read 6595 times)

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



Picks are open!


-1.2= philipma1957   If I win I will roll it over

   0 = VRobb


+ 1.2 = testerman


https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   216,257,773,319 (+1.34%)
Adjust time:   After 1071 Blocks, About 7.4 days

Hashrate(?):   1,573,552,758 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   8:30 (4.7 minutes ago)
hero member
Activity: 840
Merit: 1000
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Picks are open!
-1.2= philipma1957 If I win I will roll it over
0 = VRobb



hero member
Activity: 588
Merit: 500
So Yesterday was +8.33% with 156 Blocks, however Today is off to a slowish start which has pulled the Period to Date Run Rate just into negative territory, so we may be seeing the first signs of a switch off?


Rich
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
I do believe it's game on!

Bitcoin Difficulty:213,398,925,331
Estimated Next Difficulty:216,612,014,007 (+1.51%)
Adjust time:After 1116 Blocks, About 7.7 days
Hashrate(?):1,543,174,256 GH/sBlock Generation Time(?):
1 block: 9.9 minutes
3 blocks: 29.8 minutes
6 blocks: 59.6 minutes

Let's keep it low

0 = VRobb

Thanks philip for keeping this going! Such fun!
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
https://bitcoinwisdom.com/bitcoin/difficulty



Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   218,182,291,003 (+2.24%)
Adjust time:   After 1189 Blocks, About 8.1 days >>>>>>>>>>>> We start at 1116


Hashrate(?):   1,577,761,009 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.5 minutes
6 blocks: 59.0 minutes
Updated:   12:25 (4.3 minutes ago)

@TheYankeesWin 

 I think the rates may drop  over time but not just yet.
Maybe :
July 18 to Aug    1   will be -5%
Aug 1 to Aug    15   will be -4%
Aug 15 to Aug  29   will be -4%
Aug 29 to Sept 12   will be -4%

Then we will go up in diff rates.




I also think in the fall rate will begin to rise.
sr. member
Activity: 463
Merit: 301
I thought we would have a big drop  right away.


http://bitcoincharts.com/


legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I think it will take weeks for the effects of the halving to actually observed or felt.  I don't have a particular reason to think that folks would just "switch off" hardware when block 420,000 rolled around. Those folks would most likely have been selling their hardware, as I should have done. Anybody that recently bought hardware was planning on running it and is unlikely to change their mind quickly.

As always I think that difficulty changes will follow in the direction of BTC price. For most folks, BTC price is THE key driver in their decisions. Obviously electricity price is important, but that's a pretty stable and predictable value, whereas BTC price is not.

Interesting to follow the next couple of months.

Exactly this.

Here is an example of a s-7 user  that has 10.5 cent power.  He or she has just this machine.  I would be willing to say they will run it for a month or so since it is not losing much money for the month.


alh
legendary
Activity: 1846
Merit: 1052
I think it will take weeks for the effects of the halving to actually observed or felt.  I don't have a particular reason to think that folks would just "switch off" hardware when block 420,000 rolled around. Those folks would most likely have been selling their hardware, as I should have done. Anybody that recently bought hardware was planning on running it and is unlikely to change their mind quickly.

As always I think that difficulty changes will follow in the direction of BTC price. For most folks, BTC price is THE key driver in their decisions. Obviously electricity price is important, but that's a pretty stable and predictable value, whereas BTC price is not.

Interesting to follow the next couple of months.
hero member
Activity: 588
Merit: 500
So the halving has been and gone without any great drama. Except........ that Yesterday was +4.86% with 151 Blocks and the Run Rate Today, could just be variance, is currently at a very frisky +20%. Period to Date Run Rate is now just into positive territory at +0.41%.

So if there was any powering down of old gear it has been more than compensated for by new gear being switched on.



Rich

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
oooo it seems i voted too soon, was all excited with the halving.  sorry !!!

no worries stuff happens you can pick in about a day.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
oooo it seems i voted too soon, was all excited with the halving.  sorry !!!
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   216,737,546,319 (+1.56%)
Adjust time:   After 1277 Blocks, About 8.8 days we will start at 1116

Hashrate(?):   1,514,418,011 GH/s
Block Generation Time(?):   
1 block: 9.9 minutes
3 blocks: 29.9 minutes
6 blocks: 59.7 minutes
Updated:   23:25 (2.0 minutes ago)




just around 1-2%

legendary
Activity: 3892
Merit: 4331
be interested to see how quick the mining calculators will update to 12.5 reward.


vnbitcoin adjusted ahead of time-it was 12.5 there even yesterday.
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
be interested to see how quick the mining calculators will update to 12.5 reward.

I think the  only ones super excited about the halving are speculators.  Us miners oth meh.  keeping eye on the diff over the next few weeks and the price of the miners

Best Regards
d57heinz
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
+0.6 = fr4nkthetank

I deleted your pick as you are far too early bro


block 1116 is due in more then a day




https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   213,398,925,331

Estimated Next Difficulty:   216,512,092,584 (+1.46%)
Adjust time:   After 1352 Blocks, About 9.4 days >>1116 is start for picks


Hashrate(?):   1,518,185,777 GH/s
Block Generation Time(?):   
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated:   11:55 (4.9 minutes ago)

but the ½ing is almost here!!!!
hero member
Activity: 588
Merit: 500
So Today is the Day  Smiley about 8 Hours to go. Yesterday was pretty standard with 145 Blocks and for the last 24 Hrs Period to Date Run Rate has been in a band -1% to -2%.

Sort of expect something dramatic to happen at block 420000 with a mass throwing of breakers, but it will probably pass quietly?


Rich

alh
legendary
Activity: 1846
Merit: 1052
I expect that most folks on here look at bitcoinwisdom on a regular basis like I do. Just for grins, I would suggest that you click on the "Litecoin Difficulty" link at the top of the page. The resulting graph is just breathtaking (IMHO).

I absolutely don't want hijack this thread, so please don't worry about responding to this comment on my part.
sr. member
Activity: 475
Merit: 265
Ooh La La, C'est Zoom!
edit i was able to get in on the first days at 1 btc = 2k eth Grin
Best Regards
d57heinz

Ain't it grand when you "find" something nice like that?  Cheesy

This parallels my story with LTC. I mined BTC and LTC for a short while back in early 2012. I mined and slurped from faucets about 0.07BTC and some of it helped pay for a @sidehack modded S7-LN. The LTC, however totaled a bit over 7k coins. When I remembered that I had some, and then checked the price it was a bit over $4.00/LTC, and so I sold it in chunks all the way up to almost $6.00/LTC. Some of the proceeds paid some bills, some bought ETH, some bought BTC which then paid for the S7LN, and I still have some LTC.

Some days you're the bug, some days you're windshield.

Cheers,

- zed
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
edit i was able to get in on the first days at 1 btc = 2k eth Grin
Best Regards
d57heinz

pretty sweet Smiley congrats!

as for a drink just buy a bottle and smile at it. no need to drink it..
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