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Topic: Diff thread Nov 11 to Nov 24 Set up stage-picks are now closed! - page 3. (Read 8424 times)

full member
Activity: 125
Merit: 100
+7.8 = Jamphone
or
+7.6 = Jamphone

In case 7.8 is taken already
full member
Activity: 125
Merit: 100

The question you need to answer: is the upcoming difficulty adjustment going to be in double digits? (i.e. +10.00% or more)


Yes. Here it comes.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Estimated Next Difficulty:   72,673,017,777 (+10.36%)
Adjust time:   After 47 Blocks, About 7.3 hours
Hashrate(?):   550,789,307 GH/s
Block Generation Time(?):   
1 block: 9.2 minutes
3 blocks: 27.8 minutes
6 blocks: 55.5 minutes

Ok this is getting exciting.

To spice it up a bit I'm offering a quick Yes/No quiz for the first 10 posters who respond in this thread - read below.

0.05 BTC total prize.

The question you need to answer: is the upcoming difficulty adjustment going to be in double digits? (i.e. +10.00% or more)

Only the first 10 posts after this one will count. For example if 4 posters answer Yes, 6 posters answer No, and diff goes up by 10.41% then the 0.05 BTC prize will be divided among the 4 posters who answered Yes, i.e. 0.0125 BTC each.

Entries won't be accepted after less than 10 blocks remain (if we don't fill the 10 spots by then).

This is NOT related to the main contest, which is likely to end in a rollover.

This quick quiz is guaranteed to pay out no matter what the result of the diff change is going to be.

Again, the question is:

Is the upcoming difficulty adjustment going to be in double digits? (i.e. +10.00% or more)

Post Yes or No below.

Edit: feel free to post the actual percentage you're guessing too and/or any reasoning why you think that way.
hero member
Activity: 698
Merit: 500
Free Speech is the most important thing.
Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   72,827,596,021 (+10.60%)
Adjust time:   After 74 Blocks, About 11.3 hours
Hashrate(?):   549,121,516 GH/s
Block Generation Time(?):   
1 block: 9.1 minutes
3 blocks: 27.4 minutes
6 blocks: 54.8 minutes

Will it decrease to less than %10? Only 74 blocks left but I see a down trend.
91 blocks +10.97
81 blocks +10.92
74 blocks +10.60

With that logic it would be somewhere around +9.80 to +10.00. Still far from my prediction (+8.80).
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
There is a large demand for new equipment. The biggest demand from the mines themselves.
Look at the recent purchases of equipment in HaoBTC - 1,600 units of A6 !:
https://bitcointalk.org/index.php?topic=1072474.560

Since they bought $2.5 Million dollars worth of miners, they are pretty much betting that the price of BTC will be much higher then it is presently $320.


Just look at intensifying the accumulation of external funds: PACMIC, interest-bearing deposits in HaoBTC or BitBank. It was not before on such a scale.


Well the game is growing.  I will soon go from 2 s-7's = 9.6th to 16.6th as I am adding 2 avalon 6's

I have  1 s-7   hosted  and  I have 2500gh in s-7 on hashnest.  So that will be 23.6th  I am adding 2 more s-7's in dec = 32.6th

At this point I will be set until the spring.
full member
Activity: 133
Merit: 100
There is a large demand for new equipment. The biggest demand from the mines themselves.
Look at the recent purchases of equipment in HaoBTC - 1,600 units of A6 !:
https://bitcointalk.org/index.php?topic=1072474.560

Since they bought $2.5 Million dollars worth of miners, they are pretty much betting that the price of BTC will be much higher then it is presently $320.


Just look at intensifying the accumulation of external funds: PACMIC, interest-bearing deposits in HaoBTC or BitBank. It was not before on such a scale.
legendary
Activity: 3738
Merit: 1708
There is a large demand for new equipment. The biggest demand from the mines themselves.
Look at the recent purchases of equipment in HaoBTC - 1,600 units of A6 !:
https://bitcointalk.org/index.php?topic=1072474.560

Since they bought $2.5 Million dollars worth of miners, they are pretty much betting that the price of BTC will be much higher then it is presently $320.

legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
https://blockchain.info/blocks


384968 (Main Chain)2015-11-23 12:42:58
384878 (Main Chain)2015-11-23 00:03:32

91 blocks   should be 76 in 12 hours and 42 min about 19.7% for today only.

https://bitcoinwisdom.com/bitcoin/difficulty   (+10.92%)  looks to be pretty big


Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   73,038,472,540 (+10.92%)
Adjust time:   After 88 Blocks, About 13.3 hours
Hashrate(?):   559,304,518 GH/s
Block Generation Time(?):   
1 block: 9.1 minutes
3 blocks: 27.3 minutes
6 blocks: 54.6 minutes
Updated:   8:0 (43.0 seconds ago)

right now SwordsofFreedom  has 11.2 pick  he could win
hero member
Activity: 739
Merit: 500
Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   73,070,999,369 (+10.97%)
Adjust time:   After 91 Blocks, About 13.8 hours
Hashrate(?):   559,322,075 GH/s

It'll be probably more than %10.
I didn't expect that much difficulty raise. That's very surprising to me. Roll Eyes
full member
Activity: 133
Merit: 100
There is a large demand for new equipment. The biggest demand from the mines themselves.
Look at the recent purchases of equipment in HaoBTC - 1,600 units of A6 !:
https://bitcointalk.org/index.php?topic=1072474.560
legendary
Activity: 1120
Merit: 1001
11% + for sure !
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
okay day 12

http://btc.blockr.io/charts

11-11-2015   169 blocks  this is a plus 25   now the first 77 blocks were on the last adjustment  So  on a part day I guess +14

11-12-2015  158 blocks this is plus 14    total is +28
 
11-13-2015   161 blocks  this is plus 17 total is +45

11-14-2015   146 + 2                               +47

11-15-2015   156 is +12                           +59    

 11-16-2015  172 is +28                           +87

11-17-2015   146 is +2                             +89   and plus 2 looks nice

11-18-2015   156 is +12                           +101

11-19-2015   131 is -13                            +88  same drop about the same time last diff adj

11-20-2015   169 blocks or + 25               back up to a very big  113 over.

11-21-2015   178 blocks or + 35                   148 over more then 1 full day!  
  
11-22-2015   170 blocks + 26                          174 over


the last 3 days are the worst or best three days in a row for the last six months

we are 1864 blocks made should be 1690  which makes us  (+10.29%)


https://bitcoinwisdom.com/bitcoin/difficulty    says (+10.19%)
Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   72,558,347,171 (+10.19%)
Adjust time:   After 152 Blocks, About 23.0 hours
Hashrate(?):   555,068,286 GH/s
Block Generation Time(?):   
1 block: 9.1 minutes
3 blocks: 27.1 minutes
6 blocks: 54.3 minutes
Updated:   22:40 (4.5 minutes ago)


we may go to 11%  but on the 19th we did 131 blocks so maybe we drop to 9%   price is in the 320 area
full member
Activity: 182
Merit: 100
Wow, this is going to be an interesting next couple of days...
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
picks have started
you can pick lower then me if you dare Cheesy
      
-1.2  =  lolxxx                  looks like I have a visitor!!    
-1.1  =  philipma1957
      
-0.0   =
    
 0.0   =      
 
+2.0 = BTCish  

+3.1 = RichBC
+3.2 = Tupsu
+3.3 = edonkey

+4.0 = mavericklm
+4.1 = Biodom
+4.2 = HerbPean
+4.3 = dukeneptun
+4.4
+4.5 = ingiltere

+4.8 = DanDan
+4.9
+5.0 = adaseb

+5.4 = tss
+5.5
+5.6 = vortexz

+5.9 = Mikestang
+6.0
+6.1 = cakir
+6.3 = Last of the V8s
+6.6 = wlefever
+6.7 = DanielRo

+7.0 = pandacoin

+7.4 = notlist3d
+7.5 = wpt1wpt1
+7.6
+7.7 = ezeminer
+7.8
+7.9 = togesix
+8.0 = EternalWingsofGod
+8.1 = zebedee
+8.2 = Amph
+8.3 = alh
+8.4 = Questor
+8.5
+8.6 = flikflak
+8.7 = indiemax
+8.8 = Lituation
+8.9= VirosaGITS
+9.0 = UfoRia
+9.1= GreatNorthData  you are very welcome.
+9.2 =Zz

+9.6 = jonnybravo0311
+9.7 = d57heinz 
+9.8 = Kexkey

+11.2 = SwordsofFreedom

+12.2 = 64dimensions



final pick list is above   a few numbers in contention


https://bitcoinwisdom.com/bitcoin/difficulty  (+10.08%)
Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   72,487,079,597 (+10.08%)
Adjust time:   After 171 Blocks, About 1.1 days
Hashrate(?):   559,392,317 GH/s
Block Generation Time(?):   
1 block: 9.1 minutes
3 blocks: 27.2 minutes
6 blocks: 54.5 minutes
Updated:   19:50 (4.0 minutes ago)
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
My bet is that right now, the ASIC vendors (Bitmain, Avalon, etc) are looking at the halving and thinking that they will have a much harder time selling out gear leading up to that and some time afterwards. Something like:

"Make Hay while the Sun is shining"

Six months from now will be exciting (aka turbulent) times I think.

I am thinking they have decided to sell sell sell sell sell sell and sell more.  If so this will be very interesting 6 months.

legendary
Activity: 3738
Merit: 1708
Later on it ended up stabilizing but the day ended up being +15.7%
alh
legendary
Activity: 1843
Merit: 1050
My bet is that right now, the ASIC vendors (Bitmain, Avalon, etc) are looking at the halving and thinking that they will have a much harder time selling out gear leading up to that and some time afterwards. Something like:

"Make Hay while the Sun is shining"

Six months from now will be exciting (aka turbulent) times I think.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
I think the reason why gear is much more expensive now then a year ago is because a year ago price was CRASHING and difficulty was skyrocketing.

Its probably a safer bet buying an S7 now then it was buying an S2/S3/S4 last year right when they came out.

yeah we had a price melt down  in 2014 

995 in Jan 2014
814 in Feb 2014
712 in Mar 2014
547 in Apr 2014
585 in May 2014
660 in Jun 2014
629 in Jul   2014
591 in Aug 2014
495 in Sep 2014
393 in Oct 2014
367 in Nov 2014 ------------pretty close to price now
377 in Dec 2014
270 in Jan 2015    but under 185 for a day or two
legendary
Activity: 3738
Merit: 1708
I think the reason why gear is much more expensive now then a year ago is because a year ago price was CRASHING and difficulty was skyrocketing.

Its probably a safer bet buying an S7 now then it was buying an S2/S3/S4 last year right when they came out.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
Yes I agree we are making more now then in the past but if the price doesn't keep rising then we will end up making less.

The other problem is that it's not so easy to upgrade now because hardware is so overpriced. 1+ BTC per TH/s - nearly the same as it was a year ago, I paid ~2.5 BTC for an S4 back then. The S7 (or the Avalon) has ~1/3 of the power consumption of the S4 but even with that in mind the end result still is: I'm going to mine less BTC per each BTC spent on hardware that I did a year ago, which means that hardware would need to last longer to ROI, which seems unlikely with faster rising diff and halving.


This is part of why I like keeping some of my holdings in gear.  It by far is not a sure thing, but I enjoy it.  And it's been good to me over the years.

But S4's looking back were a really good deal.  I mined with mine for a LONG time through summer even, they were part of reason I got a mining area.  But after all that mining they hold a amazing amount of their value still.  So those who had S4's (if decent electricity) have done well I think.  And selling it eventually is the cherry on-top.

Yep. Also SP20 at $500 last December. I sold the last few just recently... for $500 each  Grin

Somehow I doubt I'll get $1500 or 4 BTC or anything close to that for the S7 or the Avalon6 a year from now.

Not sure about prices 1 year from now, but  looks like a make gear and sell like mad is going to be the builders move.

Growth is huge another really big day today.

Today will be the day the most hash was ever added.  We are going to push 180 blocks (maybe)  and add a lot more gear.


https://bitcoinwisdom.com/bitcoin/difficulty (+10.04%)

Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   72,456,152,977 (+10.04%)
Adjust time:   After 207 Blocks, About 1.3 days
Hashrate(?):   560,095,703 GH/s
Block Generation Time(?):   
1 block: 9.1 minutes
3 blocks: 27.1 minutes
6 blocks: 54.3 minutes
Updated:   14:50 (4.5 minutes ago)
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