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Topic: Feb 22 to March 9 diff thread with contest included. - page 4. (Read 10460 times)

sr. member
Activity: 305
Merit: 250
I wonder what would happen to the difficulty if China ever had a widespread power outage...

Edit: Hey! 3.93%  It's in my range again!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
legendary
Activity: 1904
Merit: 1007
You always can hope a farm burns down. Grin

Or gets stolen  Shocked
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
The projected difficulty is creeping back down... maybe I'm still in this yet!

Seriously, with the price on the rise I don't expect to win this round.

You always can hope a farm burns down. Grin
sr. member
Activity: 305
Merit: 250
The projected difficulty is creeping back down... maybe I'm still in this yet!

Seriously, with the price on the rise I don't expect to win this round.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Thanks for the kind words on the sheet - I think the moving averages are finally accurate - also I noticed the daily blocks solved that blockr.io reports are different from those that I get (though they add up the same) - I thought they used EST for their day, but I guess not.

So far the estimated difficulty change on a given day seems to move toward the 3-day moving average, but its a very small sample size.

My totally unsupported hypothesis at this point is that the final change will be somewhere between the 3 and 5 day MAs as of right now, or 2.09% to 3.63%.

Also I've been playing around with past data, trying to smooth out variance to visualize when actual large amounts of mining power came online (or went offline). It looks like, for example, about 10-15 PH went online around Feb. 15-16 or so.

It will be interesting to see what happens in the coming weeks if the recent price increase continues or at least holds where it is instead of dropping back below $250, combined with the arrival of spring in the north half of the world and the lack of consumer hardware on the market right now.

Now if I can only figure out how to automate all the things that have to be done at midnight..

I do appreciate your work on this.  As far as I know you are the only person offing a 'real' time number.

I danced around it with bitcoincharts and blockr.io  but your spread sheet nailed it.

It is a valuable number used with bitcoinwisdom and current  BTC price  it reallys helps to judge the next diff numbers

I added a Log tab that records the estimated difficulty change every minute and charts it - it's been in there since yesterday but I had to scrap a bunch of data due to a mistake I made during the switch to the next day. Hopefully that will help visualize the trend.

I will take a long look at it tonight.   I think your spreadsheet is the only place for a real time diff number on the net.  Pretty nice work by you.
full member
Activity: 209
Merit: 100
Thanks for the kind words on the sheet - I think the moving averages are finally accurate - also I noticed the daily blocks solved that blockr.io reports are different from those that I get (though they add up the same) - I thought they used EST for their day, but I guess not.

So far the estimated difficulty change on a given day seems to move toward the 3-day moving average, but its a very small sample size.

My totally unsupported hypothesis at this point is that the final change will be somewhere between the 3 and 5 day MAs as of right now, or 2.09% to 3.63%.

Also I've been playing around with past data, trying to smooth out variance to visualize when actual large amounts of mining power came online (or went offline). It looks like, for example, about 10-15 PH went online around Feb. 15-16 or so.

It will be interesting to see what happens in the coming weeks if the recent price increase continues or at least holds where it is instead of dropping back below $250, combined with the arrival of spring in the north half of the world and the lack of consumer hardware on the market right now.

Now if I can only figure out how to automate all the things that have to be done at midnight..

I do appreciate your work on this.  As far as I know you are the only person offing a 'real' time number.

I danced around it with bitcoincharts and blockr.io  but your spread sheet nailed it.

It is a valuable number used with bitcoinwisdom and current  BTC price  it reallys helps to judge the next diff numbers

I added a Log tab that records the estimated difficulty change every minute and charts it - it's been in there since yesterday but I had to scrap a bunch of data due to a mistake I made during the switch to the next day. Hopefully that will help visualize the trend.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
lookin' at the btc price trend  Cry i think we are fucked....
if price goes back to ~220$, or under,  we may see negative dif again

that is right price goes over 300 and it is over we will jump in diff. a lot.

Well, at least we all loaded up on cheap mining hardware, didn't we?  Grin

Should be able to survive a few 10% jumps.
hero member
Activity: 742
Merit: 500
that is right price goes over 300 and it is over we will jump in diff. a lot.
yes Sad

RedhatCAT long run man, not just 1 diff jump Wink
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
lookin' at the btc price trend  Cry i think we are fucked....
if price goes back to ~220$, or under,  we may see negative dif again

that is right price goes over 300 and it is over we will jump in diff. a lot.
full member
Activity: 123
Merit: 100
lookin' at the btc price trend  Cry i think we are fucked....
if price goes back to ~220$, or under,  we may see negative dif again
I am not sure the chances of the price being under $220 for long enough to make a difference are very good. There is only ~4.4 days left until the next adjustment and the price would need to be below that level at least a good two to three days prior to the adjustment in order for it to have any meaningful impact on the difficulty change.

I would say it is more likely that more miners will be turned back on as the price has recently increased
hero member
Activity: 742
Merit: 500
lookin' at the btc price trend  Cry i think we are fucked....
if price goes back to ~220$, or under,  we may see negative dif again
hero member
Activity: 562
Merit: 506
We're going to need a bigger heatsink.
Just popping in here to gloat about my soon-to-be victory!  Wink

You know, you can manipulate this contest a bit if you manage to find the last block of the period. You can adjust the block timestamp up to an hour ahead or behind the current time to actually push the difficulty a tiny bit down or up.

I'll blame it on this manipulation if I lose.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
FINAL LIST
Please feel free to speculate about how wrong your original guess was etc  Grin



Still a few days to go but ha-ha with that range of people someones going to hit the mark
Think it might decrease difficulty a bit more but at 5% that's about right given the price rises
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I've been watching BitcoinWisdom jumping above, below, and occasionally within my 3.76 - 4.0 guess which has been fun.  Today it is farther away (4.98 at the moment).  Still plenty of time though...

price went up so more miners went on line.

I think we are now past 280 usd a coin
sr. member
Activity: 305
Merit: 250
I've been watching BitcoinWisdom jumping above, below, and occasionally within my 3.76 - 4.0 guess which has been fun.  Today it is farther away (4.98 at the moment).  Still plenty of time though...
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Thanks for the kind words on the sheet - I think the moving averages are finally accurate - also I noticed the daily blocks solved that blockr.io reports are different from those that I get (though they add up the same) - I thought they used EST for their day, but I guess not.

So far the estimated difficulty change on a given day seems to move toward the 3-day moving average, but its a very small sample size.

My totally unsupported hypothesis at this point is that the final change will be somewhere between the 3 and 5 day MAs as of right now, or 2.09% to 3.63%.

Also I've been playing around with past data, trying to smooth out variance to visualize when actual large amounts of mining power came online (or went offline). It looks like, for example, about 10-15 PH went online around Feb. 15-16 or so.

It will be interesting to see what happens in the coming weeks if the recent price increase continues or at least holds where it is instead of dropping back below $250, combined with the arrival of spring in the north half of the world and the lack of consumer hardware on the market right now.

Now if I can only figure out how to automate all the things that have to be done at midnight..

I do appreciate your work on this.  As far as I know you are the only person offing a 'real' time number.

I danced around it with bitcoincharts and blockr.io  but your spread sheet nailed it.

It is a valuable number used with bitcoinwisdom and current  BTC price  it reallys helps to judge the next diff numbers
full member
Activity: 209
Merit: 100
Thanks for the kind words on the sheet - I think the moving averages are finally accurate - also I noticed the daily blocks solved that blockr.io reports are different from those that I get (though they add up the same) - I thought they used EST for their day, but I guess not.

So far the estimated difficulty change on a given day seems to move toward the 3-day moving average, but its a very small sample size.

My totally unsupported hypothesis at this point is that the final change will be somewhere between the 3 and 5 day MAs as of right now, or 2.09% to 3.63%.

Also I've been playing around with past data, trying to smooth out variance to visualize when actual large amounts of mining power came online (or went offline). It looks like, for example, about 10-15 PH went online around Feb. 15-16 or so.

It will be interesting to see what happens in the coming weeks if the recent price increase continues or at least holds where it is instead of dropping back below $250, combined with the arrival of spring in the north half of the world and the lack of consumer hardware on the market right now.

Now if I can only figure out how to automate all the things that have to be done at midnight..
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
 The live number at 947 am New Jersey USA time  is +0.82%

https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=978410053



https://bitcoinwisdom.com/bitcoin/difficulty  is projecting (+3.55%)   we have 909 blocks to go and price is 255 usd
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I'm pretty happy with this.  It appears its going to be a small increase which considering BTC having a little increase all is fine with me.

I would love -1 to + 1 .  then have  btc go to 315 or so.
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