Topic: Diff thread june 20 to july 4 -picks are closed!.... prize = $50 usd - page 7. (Read 6523 times)
June 27, 2016, 11:08:33 AM
+0.2 = Erumara
June 22, 2016, 08:57:59 PM
Hey all! hard life with 2jobs...
1k?! goes under 600, maybe even 500atm!
1k?! goes under 600, maybe even 500atm!
this is wonderful news a continued drop in price will knock out tons of gear come the ½ ing.
I am hoping for 475.00
I just purchased some at 560 usd
June 27, 2016, 09:23:10 AM
picks are open
-1.2 = philipma1957 as usual If i win I will roll it over.
+2.2 = Valkir
+3.0 = topiOleg
+3.2 = psi
June 27, 2016, 09:05:12 AM
congratulations to kexkey on win !
+3.2 = psi
+3.2 = psi
June 22, 2016, 11:36:51 AM
Yea that big peak hash power was shut off again, just after the diff adjustment like it has been doing for a while now. I think we'll see another huge price surge still, I think the coin will be over $1000 at the halving - my prediction and quote me on it if it happens (but feel free to ignore if it doesn't 
).
).
Okay sounds good to me https://blockchain.info/blocks/1466526586502
we are at 417520
we began at 417312
208 blocks in 1 day 11 hours 12 minutes
417520 (Main Chain) 2016-06-22 16:30:19
417312 (Main Chain) 2016-06-21 05:18:58
1 day = 144
11 hours = 66
12 minutes = 1
211 = 0%
so 208/211 -1 = -1.4218% real time number
we all know 300ph can come on whenever they want to do it. happens over and over and over so I do not think it is variance.
June 27, 2016, 09:02:05 AM
+3.0 = topiOleg
This is the last before halving if Im correct. This could mean last difficulty increase in a while as I expect many people shutting off mining when block rewards going from 25 BTC to 12.5 BTC.
This is the last before halving if Im correct. This could mean last difficulty increase in a while as I expect many people shutting off mining when block rewards going from 25 BTC to 12.5 BTC.
June 27, 2016, 08:26:35 AM
I take my traditional 2.2!
+2.2 = Valkir
+2.2 = Valkir
June 22, 2016, 11:27:46 AM
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
(pic above)
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
(pic above)
It seems price is settling around the 660 area for right now. Currently 664 on coinbase so the sell off by some seems to continue but not horrible on value in anyway. The last day has been like a yo-yo and kept getting a little closer and closer on high and low - http://www.coindesk.com/price/ .
Bitwisdom is going down slightly. Nothing huge but still nice for it to head down in direction. Considering how close to having this really is a not bad at all on difficulty change. A month ago I was expecting much higher jumps, which I'm happy to be wrong on.:
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,662,137,685 (+6.31%)
Adjust time: After 1816 Blocks, About 12.3 days
Hashrate(?): 1,537,155,141 GH/s
THE DIFF is not as high as +6.31% it may be negative in real time at this minute.
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,603,511,426 (+6.28%)
Adjust time: After 1809 Blocks, About 12.3 days <<< note 207 block made
Hashrate(?): 1,550,541,911 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 12:25 (3.9 minutes ago)
June 26, 2016, 09:54:05 PM
Waiting eagerly for the picks to open, don't want to lose my spot I am thinking to be the next % change.
Though, change in prize is a good way to be safe during this volatile market.
Though, change in prize is a good way to be safe during this volatile market.
June 22, 2016, 10:50:40 AM
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
(pic above)
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
(pic above)
It seems price is settling around the 660 area for right now. Currently 664 on coinbase so the sell off by some seems to continue but not horrible on value in anyway. The last day has been like a yo-yo and kept getting a little closer and closer on high and low - http://www.coindesk.com/price/ .
Bitwisdom is going down slightly. Nothing huge but still nice for it to head down in direction. Considering how close to having this really is a not bad at all on difficulty change. A month ago I was expecting much higher jumps, which I'm happy to be wrong on.:
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,662,137,685 (+6.31%)
Adjust time: After 1816 Blocks, About 12.3 days
Hashrate(?): 1,537,155,141 GH/s
June 25, 2016, 10:31:26 PM
well we have spiked up a bit today
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 217,211,595,962 (+3.70%)
Adjust time: After 1332 Blocks, About 9.2 days >>>> we start at block 1116
Hashrate(?): 1,469,068,299 GH/s
Block Generation Time(?):
1 block: 9.9 minutes
3 blocks: 29.6 minutes
6 blocks: 59.3 minutes
Updated: 21:45 (5.6 minutes ago)
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 217,211,595,962 (+3.70%)
Adjust time: After 1332 Blocks, About 9.2 days >>>> we start at block 1116
Hashrate(?): 1,469,068,299 GH/s
Block Generation Time(?):
1 block: 9.9 minutes
3 blocks: 29.6 minutes
6 blocks: 59.3 minutes
Updated: 21:45 (5.6 minutes ago)
Price is around 668 on coinbase currently. We had some surges up to 690's so it did go up a tad and fall but not drastic. - http://www.coindesk.com/price/ . I still am hoping to see 700 base by having which I think it is possible.
It has been exciting to watch that is for sure. And having is only getting closer and closer so will be a interesting week in a half or so for sure.
June 22, 2016, 06:57:09 AM
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
Bitcoin Difficulty: 209,453,158,595
Estimated Next Difficulty: 222,904,721,223 (+6.42%)
Adjust time: After 1839 Blocks, About 12.5 days
Hashrate(?): 1,562,134,031 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.2 minutes
6 blocks: 58.5 minutes
Updated: 7:50 (2.1 minutes ago)
we seem to have a price in the 660-680 area.
I am a little tired from the kitchen job so this will be a short take.
but see this below it is good for diff.
June 25, 2016, 10:15:57 AM
Yesterday being -10.42% with 129 Blocks. Period to Date Run rate is still finding it's level but sits at -5.4% this Morning.
When I check difficulty realtime graph, we spiked to positive territory. It seems to corelate bit with the price which would make sence if enought hashpower switching off whenever price drops a lot, and switching on whenever price recovers.
June 25, 2016, 01:26:59 AM
Well now that we have Brexit out of the way, back to Bitcoin. At least my coins are worth more in Pounds than they were before....
So 4 Days in and things seem relatively subdued with Yesterday being -10.42% with 129 Blocks. Period to Date Run rate is still finding it's level but sits at -5.4% this Morning.
Rich
So 4 Days in and things seem relatively subdued with Yesterday being -10.42% with 129 Blocks. Period to Date Run rate is still finding it's level but sits at -5.4% this Morning.
Rich
June 24, 2016, 02:29:23 PM
That's quite a nice drop !
June 21, 2016, 04:55:06 PM
Thanks for keeping it going, Phil. Last one before the halving? Let's do it!
I'll 2nd his comments.
As I do the math, the CURRENT adjustment period will have all 25BTC blocks, and will complete before the halving. The NEXT adjustment period will have the halving contained within it (and have a mix of 25 and 12.5 BTC blocks).
To both you are welcome. Also remember MarcoTheMiner runs the signature campaign and those finds allow me to run this.
This is the last 100 percent 25 block adjustment period.
As alh states the July 4 to July 18 will be the one where ½ing happens
June 23, 2016, 11:00:43 PM
For me, BTC is going to have to fall much further before I'll convert actual dollars into BTC. Two months ago, if somebody had offered to sell me a BTC for $560 I would have laughed. I am hard pressed to see what is fundamentally different in terms of conditions that affect BTC price. Although I do have to admit that I have no idea what influences the price of BTC. I expect it's more likely geopolitical events that I have little insight into. All this mining and hardware stuff is interesting, but a cogent understanding of how BTC price actually is determined, and a way to accurately predict it, would be worth way more than a BitFury mining container.
I think the primary driving force behind bitcoin price is speculation - speculation that, at some point in the future, BTC will be worth significantly more than they were yesterday. I'm sure there is a myriad of factors that come into play, but I'd put my money on speculation having the largest slice of that pie chart.
June 23, 2016, 12:42:34 PM
For me, BTC is going to have to fall much further before I'll convert actual dollars into BTC. Two months ago, if somebody had offered to sell me a BTC for $560 I would have laughed. I am hard pressed to see what is fundamentally different in terms of conditions that affect BTC price. Although I do have to admit that I have no idea what influences the price of BTC. I expect it's more likely geopolitical events that I have little insight into. All this mining and hardware stuff is interesting, but a cogent understanding of how BTC price actually is determined, and a way to accurately predict it, would be worth way more than a BitFury mining container.
I think the primary driving force behind bitcoin price is speculation - speculation that, at some point in the future, BTC will be worth significantly more than they were yesterday. I'm sure there is a myriad of factors that come into play, but I'd put my money on speculation having the largest slice of that pie chart. June 23, 2016, 01:50:20 AM
Hey all! hard life with 2jobs...
1k?! goes under 600, maybe even 500atm!
1k?! goes under 600, maybe even 500atm!
this is wonderful news a continued drop in price will knock out tons of gear come the ½ ing.
I am hoping for 475.00
I just purchased some at 560 usd
For me, BTC is going to have to fall much further before I'll convert actual dollars into BTC. Two months ago, if somebody had offered to sell me a BTC for $560 I would have laughed. I am hard pressed to see what is fundamentally different in terms of conditions that affect BTC price. Although I do have to admit that I have no idea what influences the price of BTC. I expect it's more likely geopolitical events that I have little insight into. All this mining and hardware stuff is interesting, but a cogent understanding of how BTC price actually is determined, and a way to accurately predict it, would be worth way more than a BitFury mining container.
Just my $.01 (not even two cents) on the topic.
June 21, 2016, 01:18:34 PM
A minor suggestions for Phil:
Maybe the title should say "not yet open" rather than "closed" prior to block 1116. It might be a little more descriptive. Obviously "open" when we pass 1116 remaining and then "closed" when we are down to 716 remaining.
Just a thought.
Maybe the title should say "not yet open" rather than "closed" prior to block 1116. It might be a little more descriptive. Obviously "open" when we pass 1116 remaining and then "closed" when we are down to 716 remaining.
Just a thought.
Sounds good
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