Pages:
Author

Topic: Difficulty contest. prize 2 ltc 1 compac usb stick. Picks are closed!! - page 3. (Read 3428 times)

vh
hero member
Activity: 699
Merit: 666
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
            Picks are open!  

Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.



 PICKS END AT 516


-1.1 = philipma1957


I want to mention  that 2.0 ltc is max I will bring prize to .  So if we roll over again prize is capped at 2 ltc
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
What's interesting to consider is the amount of hash that needs to be added to make a 10% from the last adjustment.  Using the figure from bitcoinwisdom of 5,072,782 TH at the last change, the network would need to add 507,278 TH for a 10% increase. That's a lot of S9 hardware, or BitFury containers to deploy. You would think the logistics alone would be pretty daunting. My guess is that this is actually stuff that's been purchased as the price was rising and has taken a while to actually made active. Maybe Bitmain has been "sand bagging" for a while.......

Bitmain  is always sandbagging  as their cost for s-9's  is  maybe 500 or 400 usd.  they could just build and mine  until they kill btc.  So they don't  do that they control the flow of sales and self mining.

Still  the spike was 20%  which is 77,000 s-9's   even if it is ½ that at 10 %  it is around 40,000 s-9's
vh
hero member
Activity: 699
Merit: 666
Another interesting bit of trivia was that the total network hash at the beginning of 2016 was under 1 exohash.  I find it incredible someone just flipped a switch to control more than that from one spot.
alh
legendary
Activity: 1846
Merit: 1052
What's interesting to consider is the amount of hash that needs to be added to make a 10% from the last adjustment.  Using the figure from bitcoinwisdom of 5,072,782 TH at the last change, the network would need to add 507,278 TH for a 10% increase. That's a lot of S9 hardware, or BitFury containers to deploy. You would think the logistics alone would be pretty daunting. My guess is that this is actually stuff that's been purchased as the price was rising and has taken a while to actually made active. Maybe Bitmain has been "sand bagging" for a while.......
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
The spike has gone down a bit.  Maybe we'll see a price increase soon.  higher diff, means higher price, or is it the opposite Smiley

Price has nothing to do with diff.

 PROFITABILITY however is largely a function of price and diff (and electric cost).


 I could picture a 20% jump happen, if a combination of
(1) Bitmain ships a new batch of S9/T9/R4 units
(2) Bitfury ships a couple of their big mining containers, or a large batch of chips that quickly get turned into miners by major farms
(3) some of the smaller folks ship new batches of miners

 all happened at the same time.


 Upon reflection though, wasn't Bitmain supposed to ship out a batch of S9s on or before the 10'th?



if prices go up  diff chases the jumps.

It is a language barrier I need to write a few hundred words and most readers  just scan.
So I sound bite it.

But if price 2x to 4500-5200   diff will rise faster then if price stays flat = fairly true in simple words.
legendary
Activity: 1498
Merit: 1030
The spike has gone down a bit.  Maybe we'll see a price increase soon.  higher diff, means higher price, or is it the opposite Smiley

 Price has nothing to do with diff.

 PROFITABILITY however is largely a function of price and diff (and electric cost).


 I could picture a 20% jump happen, if a combination of
(1) Bitmain ships a new batch of S9/T9/R4 units
(2) Bitfury ships a couple of their big mining containers, or a large batch of chips that quickly get turned into miners by major farms
(3) some of the smaller folks ship new batches of miners

 all happened at the same time.


 Upon reflection though, wasn't Bitmain supposed to ship out a batch of S9s on or before the 10'th?

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
the numbers on this new "guess the difficulty" thread are soooo different from the old contest. lotsa double digit increases at the old thread vs the low single digit ones here.

times be changing? the asic makers just dribbling miners out this time and that limits the difficulty growth?

it is hard to jump diff  a lot there is a shit ton of gear mining and as far as anyone know there is no  .05 watt a gh miner around.

when the s-9 came out it could do .10 watts  it has been tweaked and the new one do .12 watts and do not break that easy.

the only way to rip  2 or 3 20% jumps  would be a new miner  with .05 watts that works.

or  price jumps to 4500 .  Don't we wish that.


Bitcoin Difficulty:    708,659,466,230
Estimated Next Difficulty:    782,936,712,108 (+10.48%)

Adjust time:    After 1378 Blocks, About 8.5 days  >>>>  1116 is starting point

Hashrate(?):    5,627,512,620 GH/s
Block Generation Time(?):    
1 block: 8.9 minutes
3 blocks: 26.7 minutes
6 blocks: 53.4 minutes
   
Updated:    17:50 (1.6 minutes ago)
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
the numbers on this new "guess the difficulty" thread are soooo different from the old contest. lotsa double digit increases at the old thread vs the low single digit ones here.

times be changing? the asic makers just dribbling miners out this time and that limits the difficulty growth?
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
The spike has gone down a bit.  Maybe we'll see a price increase soon.  higher diff, means higher price, or is it the opposite Smiley
legendary
Activity: 1498
Merit: 1030
Could also be Bitfury finally starting to ship some serious chips/miners, or a combination of several of the smaller fry shipping some gear.

 I don't see any reason for a farm to swap out S7 units unless they're at the limit of power availability (the things are more profitable NOW than they were when the S9 was introduced, I think - close if not).

legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
This new spike is scary. It's almost vertical.
Bitmain & friends turned a few miners off so difficulty increase was marginal last difficulty period and turned on the miners previously off and then some. If you disregard that then the growth seems pretty normal, i have a feeling it's going to be in the teens in terms of growth this time.

chart clearly shows 1000ph popped on in a day or two

that is 77 s-9's for each ph
or  77,000 s-9's


The sudden drop during that period with declining hashrate was a little bit odd still, perhaps a farm swapping out S7s for S9? They're still profitable even for me but perhaps they're trying to get the latest hardware. Could even be the reason why the current batch of S9 is temp sold out. They chose a good time to put in new miners or swapping out old ones either way, was definitely planned.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
This new spike is scary. It's almost vertical.
Bitmain & friends turned a few miners off so difficulty increase was marginal last difficulty period and turned on the miners previously off and then some. If you disregard that then the growth seems pretty normal, i have a feeling it's going to be in the teens in terms of growth this time.

chart clearly shows 1000ph popped on in a day or two

that is 77 s-9's for each ph
or  77,000 s-9's

legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
This new spike is scary. It's almost vertical.
Bitmain & friends turned a few miners off so difficulty increase was marginal last difficulty period and turned on the miners previously off and then some. If you disregard that then the growth seems pretty normal, i have a feeling it's going to be in the teens in terms of growth this time.
legendary
Activity: 1150
Merit: 1004
This new spike is scary. It's almost vertical.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Rules







https://bitcointalksearch.org/topic/m.14964950

 I am checking this list of rules from older thread

1)you must have been on this site since April 1st 2017  you must have at least 30 posts. --

2)I will check you out if you are new and decide if you can play.
3)you get one play per adjustment. which must be yours alone, in proper format and can not be changed.
4)Do not pick someone else's number If you do I will assign a number and that will not be changed
5) picks start at:

Bitcoin Difficulty:  
Estimated Next Difficulty:  
 
Adjust time:                 Block    1116  
  
Hashrate(?):  
Block Generation Time(?):  
1 block:
3 blocks:
6 blocks:
Updated:  




6) picks end at

Bitcoin Difficulty:  
Estimated Next Difficulty:
  
Adjust time:      516

Hashrate(?):  
Block Generation Time(?):  
1 block:
3 blocks:
6 blocks:
Updated:  



7)  since this is a free contest I make all decisions if there are any issues or problems.


8 ) note the change  picks start later and end late in the hope of helping a person to pick a winner.

9) format is below and this is the  contest picks from 2016 in code

as low as you want

-1.0
-0.9
-0.8
-0.7
-0.6
-0.5
-0.4
-0.3
-0.2
-0.1
0.0
+0.1
+0.2
+0.3
+0.4
+0.5
+0.6
+0.7
+0.8
+0.9
+1.0

to as high as you want





Code:
-1.2 = philipma1957  >>>>  I always pick this number


-0.5 = Erumara        
  0.0 = adaseb
+0.7 = adib
+0.8 = ingiltere
+0.9 = usenet
+1.0 = NeuroticFish
+1.4 = ahmedjamal1998
+1.5 = lolxxxx
+1.7 = ezeminer
+2.2 = Valkir
+2.3 = fr4nkthetank
+2.7 = blindminer
+3.0 = topiOleg
+3.1 = tlhIlwI
+3.2 = Psi
+3.3 = HagssFIN    
+3.4 = HerbPean
+3.5 = Veves1
+3.6 = Cuidler

+3.7  ! Thank you!    @ Roadstress  Pleaz try to do it right >    +3.7 = Roadstress

+3.9 = flikflak
+4.0 = pusttiu
+4.1 = Amph
+4.2 = VirosaGITS
+4.5 = redhack
+4.6 = talks_cheep
+4.7 = Ankara
+4.8  = indiemax
+4.9 = ATguy
+5.0 = alh
+5.1 = FruitsBasket
+5.2 = VRobb
+5.3 = Dexter770221
+5.4 = gnaoui
+5.5 = vapourminer

+5.6 = mavericklm     I changed your pick to   +5.6 as vapourminer had +5.5

+5.7 = wlefever
+5.8 = Notlist3d
+5.9 = Chris!
+6.5 = wpt1wpt1
+6.6 = edonkey
+6.7 = zebedee
+6.8 = AM4Bitcoin
+6.9% = Mikestang
+7.6 = RichBC


Code:
Difficulty History

Date _______Difficulty_____________ Change___   Hash Rate



Jun 17 2017   711,697,198,174  .......... 4.85%.....   5,094,526,985 GH/s



May 24 2016   199,312,067,531   2.60%   1,426,731,353 GH/s
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796           18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900           8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643          10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450   2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480   0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039   2.49%   435,318,014 GH/s
Sep 17 2015   59,335,351,234   4.17%   424,738,988 GH/s
Sep 04 2015   56,957,648,455   4.98%   407,718,729 GH/s
Aug 22 2015   54,256,630,328   2.95%   388,384,088 GH/s
Aug 08 2015   52,699,842,409   0.81%   377,240,166 GH/s
Jul 25 2015   52,278,304,846   2.35%   374,222,683 GH/s
Jul 11 2015   51,076,366,303   3.39%   365,618,871 GH/s
Jun 28 2015   49,402,014,931   -0.58%   353,633,397 GH/s
Jun 14 2015   49,692,386,355   4.42%   355,711,957 GH/s
May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s
Mar 22 2015   46,717,549,645   -1.50%   334,417,246 GH/s
Mar 08 2015   47,427,554,951   1.59%   339,499,662 GH/s
Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s
Feb 09 2015   44,455,415,962   7.71%   318,224,263 GH/s
Jan 27 2015   41,272,873,895   -6.14%   295,442,739 GH/s
Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s
Dec 30 2014   40,640,955,017   3.00%   290,919,288 GH/s
Dec 17 2014   39,457,671,307   -1.37%   282,449,013 GH/s
Dec 02 2014   40,007,470,271   -0.73%   286,384,627 GH/s
Nov 18 2014   40,300,030,328   1.76%   288,478,854 GH/s
Nov 05 2014   39,603,666,252   10.05%   283,494,086 GH/s
Oct 23 2014   35,985,640,265   2.81%   257,595,247 GH/s
Oct 09 2014   35,002,482,026   0.98%   250,557,526 GH/s
Sep 25 2014   34,661,425,924   16.20%   248,116,151 GH/s
Sep 13 2014   29,829,733,124   8.75%   213,529,547 GH/s
Aug 31 2014   27,428,630,902   15.03%   196,341,788 GH/s
Aug 19 2014   23,844,670,039   20.86%   170,686,797 GH/s
Aug 08 2014   19,729,645,941   5.30%   141,230,307 GH/s
© 2013-2014 BitcoinWisdom.com

10) Finally If I missed anything  I will be the sole  decider as to what is fair.




Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.



And we are looking at +5%

Bitcoin Difficulty:   708,659,466,230

Estimated Next Difficulty:   744,264,819,589 (+5.02%)


Adjust time:   After 1751 Blocks, About 11.3 days >  picks start at 1116
Hashrate(?):   6,227,194,523 GH/s
Block Generation Time(?):   
1 block: 9.3 minutes
3 blocks: 27.9 minutes
6 blocks: 55.9 minutes
Updated:   

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Okay no one hit this.  So prize is raise to 2.0 ltc and a sidehack 1 chip usb compac.

Locking for the time being will fill in the rules in about 12 hours

Link to last threads

https://bitcointalksearch.org/topic/a-diff-contest-picks-are-closed-15-ltc-prize-with-a-sidehack-compac-1972166
https://bitcointalksearch.org/topic/m.19189742





Experimental Image Contribution:



Let's see how this holds up over time.
If it works well enough, feel free to quote it Phil.



when it reaches 1116 picks will start

when it reaches 516-- picks will end---- Please note  I erred and closed it early .  Next round  we will do 516

when it reaches  0 winner will be found or not





##################################
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
**********************************************










Difficulty History

Date.......................Difficulty............Change......Hash Rate

Jul 02 2017   708,659,466,230   -0.43%   5,072,782,052 GH/s


Jun 17 2017   711,697,198,174.......   4.85% ....  5,094,526,985 GH/s
May 23 2017   595,921,917,085   6.42%   4,265,775,241 GH/s
May 10 2017   559,970,892,891   7.28%   4,008,427,786 GH/s
Apr 27 2017   521,974,519,554   0.22%   3,736,439,151 GH/s
Apr 13 2017   520,808,749,422   4.24%   3,728,094,244 GH/s
Mar 30 2017   499,635,929,817   5.03%   3,576,533,297 GH/s
Mar 17 2017   475,705,205,062   3.24%   3,405,230,497 GH/s
Mar 03 2017   460,769,358,091   4.54%   3,298,315,540 GH/s
Feb 18 2017   440,779,902,287   4.41%   3,155,225,442 GH/s
Feb 04 2017   422,170,566,884   7.43%   3,022,014,630 GH/s
Jan 22 2017   392,963,262,344   16.64%   2,812,940,600 GH/s
Jan 10 2017   336,899,932,796   6.05%   2,411,623,656 GH/s



Bitcoin Difficulty:   595,921,917,085
Estimated Next Difficulty:   643,997,221,046 (+8.07%)

Adjust time:   After 1664 Blocks, About 10.9 days  this is the spot  to look for the start time  next jump at 1116 not this jump


Hashrate(?):   4,637,688,482 GH/s
Block Generation Time(?):   
1 block: 9.4 minutes
3 blocks: 28.4 minutes
6 blocks: 56.7 minutes
Updated:   





So 1 compac usb stick  from sidehack

and 1 LTC coin from me. upped to 1.5 LTC     2 LTC



If you are overseas  I will spring for the shipping of the compac stick. Note the compact stick is the 1 chip version but as always it is fun to play with it.


Pages:
Jump to: