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Topic: Feb 22 to March 9 diff thread with contest included. - page 2. (Read 10422 times)

copper member
Activity: 2926
Merit: 2347
Bitcoinwisdom is showing an estimated next difficulty of +1.13% and the spreadsheet is showing that the network  is on pace for a 1.05% increase, but the 3 day moving average is -2.79% so the estimate is on a downtrend. With only 123 blocks to go I would say the chances of the difficulty adjustment falling within the unclaimed range of +.5 to +1.0% is pretty high right now.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.




yes they have been a big factor in this lower rate.

It is pretty amazing to see Ghash go from worried about 51 percent to a smaller pool.  If you look at last 24 hours they are only 2 percent of blocks found. https://blockchain.info/pools

I will be happy if we get the 1 percent raise only with btc price slowly going up.
Well I think it is concerning that ~54% of the network hash rate is made up of pools based in china (and likely have a lot of their miners based in china).

It is my understanding that a lot of miners in china are actually very large mining farms, often controlled by a small group of people with some groups controlling multiple farms.
As long as builders sell some home mining gear things will work out.  Home miners are a safety net for BTC   here is why:

 we can put the heat to use.
My house is in NJ, USA
A wicked cold winter has been in progress.  In my development 2 or 3 homes have had frozen pipes not me.  WHY btc miners set in spots where pipes may freeze.

See this thread


https://bitcointalksearch.org/topic/review-of-avalon-41-951758

I ran one for more then 1 month I ran an sp20 in the room and I ran an s-5 in the room.

Basically I used 1000 watts to mine in this spare bedroom since dec 1st.   It is under my kitchen and reduces the danger of pipe freeze to 0.

If I did not mine I would of ran this at 600 watts for the last 3 months

copper member
Activity: 2926
Merit: 2347
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.




yes they have been a big factor in this lower rate.

It is pretty amazing to see Ghash go from worried about 51 percent to a smaller pool.  If you look at last 24 hours they are only 2 percent of blocks found. https://blockchain.info/pools

I will be happy if we get the 1 percent raise only with btc price slowly going up.
Well I think it is concerning that ~54% of the network hash rate is made up of pools based in china (and likely have a lot of their miners based in china).

It is my understanding that a lot of miners in china are actually very large mining farms, often controlled by a small group of people with some groups controlling multiple farms.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.




yes they have been a big factor in this lower rate.

It is pretty amazing to see Ghash go from worried about 51 percent to a smaller pool.  If you look at last 24 hours they are only 2 percent of blocks found. https://blockchain.info/pools

I will be happy if we get the 1 percent raise only with btc price slowly going up.

BTC world is a roller-coaster ride for sure.

Just  159 blocks to go.  even if they were all made in a few hours we would only go to +5%.  With price up 17% that works for me.

Since this entire year we have not made 159 blocks in less then 20 hours.  2%-2.5% looks like the max  jump.  more likely  +.076% to 2%

Would be funny if one of the  two empty ranges come in.
legendary
Activity: 1456
Merit: 1000
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.




yes they have been a big factor in this lower rate.

It is pretty amazing to see Ghash go from worried about 51 percent to a smaller pool.  If you look at last 24 hours they are only 2 percent of blocks found. https://blockchain.info/pools

I will be happy if we get the 1 percent raise only with btc price slowly going up.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=978410053

sat the 7th east coast time is 10:30 am

estimate is 0.97%

there is a chance no one will pick the correct number we have 2 empty slots.


jmumich -0.01 to -0.25%
A4Tech 0.00% DOUBLE REWARD!
Jamphone +0.01 to +0.25%
cryptokc +0.26% to +0.50%

+.51 to +1.00   ---------------------------no takers  we are in this area right now


alh +1.01 to 1.25%
edonkey's cat +1.26 to +1.50%
SunnyIgor +1.51% to +1.75%
tss +1.76% to +2.00%
Kexkey +2.01 to +2.25%
ScryptAsic +2.26 to +2.50%
buyandhold +2.51 to +2.75%


As time runs down we look to stay in the ranges above.

https://bitcoinwisdom.com/bitcoin/difficulty 

they have 1.23%

 BTC at 270.50 usd

so if things hold lets say +1% diff and +15% price change for this adjustment.

This is a win for miners. 2 or 3 diff adjustment periods of +1%  for diff and + 15% for price and mining will look a lot better.
copper member
Activity: 2926
Merit: 2347
at 11;29 PM EAST COAST TIME +1.19%

BASICALLY STAYED FLAT FOR THE LAST 24 HOURS !!
 

239 blocks to go

most likely max jump will not exceed 5%  we would need to do  the 239 blocks in 1 day to go over 5% .  That won't happen most

 likely  +1 to +3%

+0.51 to +1.00  was left empty

+1.01 to +5.75 are all filled up.

see below:



jmumich -0.01 to -0.25%
A4Tech 0.00% DOUBLE REWARD! Smiley
Jamphone +0.01 to +0.25%
cryptokc +0.26% to +0.50%

+.51 to +1.00   ---------------------------no takers


alh +1.01 to 1.25%
edonkey's cat +1.26 to +1.50%
SunnyIgor +1.51% to +1.75%
tss +1.76% to +2.00%
Kexkey +2.01 to +2.25%
ScryptAsic +2.26 to +2.50%
buyandhold +2.51 to +2.75%
Swordsoffreedom +2.76 to +3.00%
SimplisticStu +3.01 to +3.25%
Biodom +3.26 to +3.50%
Korbman +3.51% to +3.75%
tlhIlwI +3.76 to +4.00%
HerbPean +4.01 to +4.25%
mavericklm +4.26 to +4.50%
armedmilitia +4.51 to +4.75%
Quickseller +4.76 to +5.00%
RedhatCAT +5.01 to +5.25%
Ume +5.26% to +5.50%
zebedee +5.51 to +5.75%



I do not think it will go  higher then zebedee or lower then  jmunich  but you never know.  It would be funny if it is one of  the two missing picks.
I think it really depends on if you are right in saying that the massive drop in hash rate was due to ghash going down.

If you are correct then the miners would have been only effectively temporary taken offline and that hash power would have effectively be put back on the network, and all else being equal the estimated next difficulty will rise from where it is now.

If however the drop in hash rate was due to some amount of miners being "permanently" being taken offline then the average block time will continue to fall and will decrease the estimated next difficulty verses where we are now.

Well lets say we are down 20ph due to ghash.  even it they all come back perfectly as I snap my fingers we jump from 340ph to 360ph  with the amount of blocks left in this adjustment it is too hard to go up to 5 %.  But next jump we will go up a lot.

this entire year the most blocks made in 1 day has been about 166.  so if we do that pace   we go over 2% but under 3% in the next 24 hours.

I for one like any number under 3%  .  price is up about 10%   and diff at 3% works well against that number.
You are right, we are pretty much guaranteed not to have the difficulty increase by more then 5%. However if it was ghash that caused the hash rate to temporarily fall then the next adjustment will likely be slightly above where the current trend would indicate, so I would estimate somewhere in the mid 2% range. If the fall in hash rate was not primarily due to ghash then the next adjustment will be below what the current trend would indicate and we could potentially see sub 1% or even potentially a slightly negative adjustment.


If you are measuring your profits in terms of fiat, and you must to some extent because your electric costs are in fiat then yes the current situation is good for you because the price is rising faster then the difficulty, which means that when measured in fiat your profits go up after the difficulty goes up.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
at 11;29 PM EAST COAST TIME +1.19%

BASICALLY STAYED FLAT FOR THE LAST 24 HOURS !!
 

239 blocks to go

most likely max jump will not exceed 5%  we would need to do  the 239 blocks in 1 day to go over 5% .  That won't happen most

 likely  +1 to +3%

+0.51 to +1.00  was left empty

+1.01 to +5.75 are all filled up.

see below:



jmumich -0.01 to -0.25%
A4Tech 0.00% DOUBLE REWARD! Smiley
Jamphone +0.01 to +0.25%
cryptokc +0.26% to +0.50%

+.51 to +1.00   ---------------------------no takers


alh +1.01 to 1.25%
edonkey's cat +1.26 to +1.50%
SunnyIgor +1.51% to +1.75%
tss +1.76% to +2.00%
Kexkey +2.01 to +2.25%
ScryptAsic +2.26 to +2.50%
buyandhold +2.51 to +2.75%
Swordsoffreedom +2.76 to +3.00%
SimplisticStu +3.01 to +3.25%
Biodom +3.26 to +3.50%
Korbman +3.51% to +3.75%
tlhIlwI +3.76 to +4.00%
HerbPean +4.01 to +4.25%
mavericklm +4.26 to +4.50%
armedmilitia +4.51 to +4.75%
Quickseller +4.76 to +5.00%
RedhatCAT +5.01 to +5.25%
Ume +5.26% to +5.50%
zebedee +5.51 to +5.75%



I do not think it will go  higher then zebedee or lower then  jmunich  but you never know.  It would be funny if it is one of  the two missing picks.
I think it really depends on if you are right in saying that the massive drop in hash rate was due to ghash going down.

If you are correct then the miners would have been only effectively temporary taken offline and that hash power would have effectively be put back on the network, and all else being equal the estimated next difficulty will rise from where it is now.

If however the drop in hash rate was due to some amount of miners being "permanently" being taken offline then the average block time will continue to fall and will decrease the estimated next difficulty verses where we are now.

Well lets say we are down 20ph due to ghash.  even it they all come back perfectly as I snap my fingers we jump from 340ph to 360ph  with the amount of blocks left in this adjustment it is too hard to go up to 5 %.  But next jump we will go up a lot.

this entire year the most blocks made in 1 day has been about 166.  so if we do that pace   we go over 2% but under 3% in the next 24 hours.

I for one like any number under 3%  .  price is up about 10%   and diff at 3% works well against that number.
copper member
Activity: 2926
Merit: 2347
at 11;29 PM EAST COAST TIME +1.19%

BASICALLY STAYED FLAT FOR THE LAST 24 HOURS !!
 

239 blocks to go

most likely max jump will not exceed 5%  we would need to do  the 239 blocks in 1 day to go over 5% .  That won't happen most

 likely  +1 to +3%

+0.51 to +1.00  was left empty

+1.01 to +5.75 are all filled up.

see below:



jmumich -0.01 to -0.25%
A4Tech 0.00% DOUBLE REWARD! Smiley
Jamphone +0.01 to +0.25%
cryptokc +0.26% to +0.50%

+.51 to +1.00   ---------------------------no takers


alh +1.01 to 1.25%
edonkey's cat +1.26 to +1.50%
SunnyIgor +1.51% to +1.75%
tss +1.76% to +2.00%
Kexkey +2.01 to +2.25%
ScryptAsic +2.26 to +2.50%
buyandhold +2.51 to +2.75%
Swordsoffreedom +2.76 to +3.00%
SimplisticStu +3.01 to +3.25%
Biodom +3.26 to +3.50%
Korbman +3.51% to +3.75%
tlhIlwI +3.76 to +4.00%
HerbPean +4.01 to +4.25%
mavericklm +4.26 to +4.50%
armedmilitia +4.51 to +4.75%
Quickseller +4.76 to +5.00%
RedhatCAT +5.01 to +5.25%
Ume +5.26% to +5.50%
zebedee +5.51 to +5.75%



I do not think it will go  higher then zebedee or lower then  jmunich  but you never know.  It would be funny if it is one of  the two missing picks.
I think it really depends on if you are right in saying that the massive drop in hash rate was due to ghash going down.

If you are correct then the miners would have been only effectively temporary taken offline and that hash power would have effectively be put back on the network, and all else being equal the estimated next difficulty will rise from where it is now.

If however the drop in hash rate was due to some amount of miners being "permanently" being taken offline then the average block time will continue to fall and will decrease the estimated next difficulty verses where we are now.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.




yes they have been a big factor in this lower rate.
legendary
Activity: 3808
Merit: 1723
Something is messed up with Ghash.io pool

Current block is 19 hours with 17Ph/s

and 2 blocks prior it took 10 hours with 13Ph/s.


legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
at 11;29 PM EAST COAST TIME +1.19%

BASICALLY STAYED FLAT FOR THE LAST 24 HOURS !!
 

239 blocks to go

most likely max jump will not exceed 5%  we would need to do  the 239 blocks in 1 day to go over 5% .  That won't happen most

 likely  +1 to +3%

+0.51 to +1.00  was left empty

+1.01 to +5.75 are all filled up.

see below:



jmumich -0.01 to -0.25%
A4Tech 0.00% DOUBLE REWARD! Smiley
Jamphone +0.01 to +0.25%
cryptokc +0.26% to +0.50%

+.51 to +1.00   ---------------------------no takers


alh +1.01 to 1.25%
edonkey's cat +1.26 to +1.50%
SunnyIgor +1.51% to +1.75%
tss +1.76% to +2.00%
Kexkey +2.01 to +2.25%
ScryptAsic +2.26 to +2.50%
buyandhold +2.51 to +2.75%
Swordsoffreedom +2.76 to +3.00%
SimplisticStu +3.01 to +3.25%
Biodom +3.26 to +3.50%
Korbman +3.51% to +3.75%
tlhIlwI +3.76 to +4.00%
HerbPean +4.01 to +4.25%
mavericklm +4.26 to +4.50%
armedmilitia +4.51 to +4.75%
Quickseller +4.76 to +5.00%
RedhatCAT +5.01 to +5.25%
Ume +5.26% to +5.50%
zebedee +5.51 to +5.75%



I do not think it will go  higher then zebedee or lower then  jmunich  but you never know.  It would be funny if it is one of  the two missing picks.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
I haven't had time to read the entire AMHASH catastrophee but can somebody sum up what happened exactly?

Their large cloud mining shut off and thats the reason why the hashrate is low this week?

Their cloud mining did not shut off but allegedly changed hands and no longer belongs to AM/AMHash. Even if it did affect the hashrate that didn't happen this week (issue started back in December) and it was only 3.5 PH/s or around 1%.

Edit: I guess I should provide a better answer to #1. AMHash (the cloud mining operator that signs up customers and pays dividends) and ASICMiner (the hardware owner that actually mines the coins) are two separate entities and ASICMiner stopped paying in December claiming their hardware had been "stolen" by a "partner", but they would replace it and start mining again soon. AMHash kept paying its customers in hopes that mining would restart and nobody would get hurt but that hasn't happened so the whole thing is collapsing. There are also some unconfirmed rumors about a kidnapping of one of the ASICMiner execs.

yes this is doing something .  also ghash.io dropped its mining for more then 10 hours which could make as much as 5 to 10 ph vanish.

Also  maybe someone with a big s-3   mine at 10 cents sold all the gear to this company which can mine at 3 cents

https://bitcointalksearch.org/topic/megabigpower-opens-buyback-for-unprofitable-bitcoin-miners-976450


or maybe 5 small mines with 500th in s-3's sold the gear to them.  while it ships it is not hashing.  A good sign for this to be true will be if

A) next jump is bigger 4-6%
B) no new gear is listed .

That would mean a good chance a lot of s-3's were moved.

S-3's getting shifted from 10 cent to 3 cent mines is good.

as new gear will not sell well in bulk amounts  until all s-3s are removed from the network or are mining at 3 cent locations.

If I have lots of 3 cent power 50 usd s-3s are better then 400 dollar sp20e's.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
I haven't had time to read the entire AMHASH catastrophee but can somebody sum up what happened exactly?

Their large cloud mining shut off and thats the reason why the hashrate is low this week?

Their cloud mining did not shut off but allegedly changed hands and no longer belongs to AM/AMHash. Even if it did affect the hashrate that didn't happen this week (issue started back in December) and it was only 3.5 PH/s or around 1%.

Edit: I guess I should provide a better answer to #1. AMHash (the cloud mining operator that signs up customers and pays dividends) and ASICMiner (the hardware owner that actually mines the coins) are two separate entities and ASICMiner stopped paying in December claiming their hardware had been "stolen" by a "partner", but they would replace it and start mining again soon. AMHash kept paying its customers in hopes that mining would restart and nobody would get hurt but that hasn't happened so the whole thing is collapsing. There are also some unconfirmed rumors about a kidnapping of one of the ASICMiner execs.
legendary
Activity: 3808
Merit: 1723
I haven't had time to read the entire AMHASH catastrophee but can somebody sum up what happened exactly?

Their large cloud mining shut off and thats the reason why the hashrate is low this week?
sr. member
Activity: 305
Merit: 250
I certainly welcome a higher price without a big jump in difficulty.  My spreadsheet says that I do not need to lower voltages on this adjustment (which makes 3 in a row now). 
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'

At 6:51 am east coast  it is  +1.49% we have 335 blocks to go.


on feb 22 price was around 245

on march 6 price is about   272  this is a jump of 11%

diff is up 1.50%

lets keep up this pace for a few jumps.
hero member
Activity: 742
Merit: 500
for a miner, the incoming diff jump is a blessing! Grin Grin Grin
full member
Activity: 154
Merit: 100
♥Bitcoin-Ethereum-Ripple♥
With 380 blocks to go and exchange rate at ~$270 I'd say +2% to +4% seems likely.

I like that range  Grin
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
With 380 blocks to go and exchange rate at ~$270 I'd say +2% to +4% seems likely.

well looks like a small positive  for sure.
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