HASHNEST Discussion and Support Thread - page 146.

skuser

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Quote from: crazyivan on November 27, 2015, 05:15:50 AM

I see the average luck s been going down. Strange, it should not have this high variations.

Where do yo see it? Luck has been over average for last week including extreme lucky yesterday...so it's going down from extremes:
24 Hours 3 Day 1 Week 2 Weeks 1 Month 3 Months All
130.00% 121.00% 112.00% 105.00% 98.00% 100.00% 101.00%

https://www.antpool.com/poolStats.htm

edit: I got what you meant...so many days in a row with above average luck should not theorethically happen...

crazyivan

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I see the average luck s been going down. Strange, it should not have this high variations.

galdur

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Quote from: Jimmy Wales on November 26, 2015, 04:23:03 PM

Quote from: galdur on November 26, 2015, 04:09:04 PM

Wow, between blocks 385453 and 385487 they find 12 or more than a third. That is impressive. In their shoes I´d be busy ballooning the difficulty and trying my best to kill off the weakest of the competition in the cloud mining business by wiping out their payouts. Oh, that´s exactly what they´ve been doing Grin

Unfortunately, there are certain cloud mining players who can survive without mining a single block. You cant kill them if you have 100% hashpower. Cheesy

It´s not about having 100% hashpower but increasing market share. Not sure if some scams that have no hashpower at all to begin with are meaningful in this market. Do you have any specific examples?

Jimmy Wales

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Quote from: galdur on November 26, 2015, 04:09:04 PM

Wow, between blocks 385453 and 385487 they find 12 or more than a third. That is impressive. In their shoes I´d be busy ballooning the difficulty and trying my best to kill off the weakest of the competition in the cloud mining business by wiping out their payouts. Oh, that´s exactly what they´ve been doing Grin

Unfortunately, there are certain cloud mining players who can survive without mining a single block. You cant kill them if you have 100% hashpower. Cheesy

galdur

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Wow, between blocks 385453 and 385487 they find 12 or more than a third. That is impressive. In their shoes I´d be busy ballooning the difficulty and trying my best to kill off the weakest of the competition in the cloud mining business by wiping out their payouts. Oh, that´s exactly what they´ve been doing Grin

Mapuo

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Any idea for last ten unconfirmed blocks in antpool?

https://blockchain.info/blocks/AntPool

crazyivan

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I honestly think home and cloud individual mining s been almost over. Only people who can afford to recycle and replace miners every few months, in combination with nearly free electricity, ll stay in the game.

skuser

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S5 again at bargain prices even considering another +10% diff jump next period. But the question is how many +10% diff changes are yet to come Shocked

galdur

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AntMiner S7 BATCH 8 with 4.73th/s is available to order. Shipping may start between Dec. 18 ~ 28 (if shipped out 5 days later than it, it won't be considered as delay ).

https://bitmaintech.com/product.htm

I guess they´re busy shipping Batch 7, which is sold out of course. Not sure about the sizes of those batches but
it´s probably massive, at least judging from the 10% increase in diff three days ago and the outlook 11 days from now.

DebitMe

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Quote from: galdur on November 25, 2015, 06:09:40 PM

Quote from: newcoins1978 on November 25, 2015, 05:59:52 PM

I am not sure these analysis can be applied for hashnest cloud mining.

Their market is even more volatile then bitcoin.

While the bitcoin price keeps on rising, the value of hashnest cloud mining shares are getting decimated.

This may pull back some in the next 11 days but then again it could very well end up even higher..

Estimated Next Difficulty: 81,490,860,319 (+12.06%)
Adjust time: After 1731 Blocks, About 11.4 days

The last 3 days the estimate has been going up. It started around 10% and has grown by 20% since then. I would expect it to continue up a few more points before leveling off or pulling back a bit.

This is insane though, think about how much money into mining equipment there has to be to grow by 12%...

At the current network hashrate, roughly 541,240,606 GH/s, that equates to optimally a little over 111,360 S7's. To grow by 10% from here, that is 11,000 S7's turned on. Retailing at $1850 like they are on Hashnest, that is $20,350,000 in a 2 week period being put into mining equipment. Of course these are just rough numbers, but its funny. The price of bitcoin took about a 25% jump in the last month, and now we are seeing the hashrate follow suit. Its very cause of effect oriented.

galdur

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Quote from: newcoins1978 on November 25, 2015, 05:59:52 PM

I am not sure these analysis can be applied for hashnest cloud mining.

Their market is even more volatile then bitcoin.

While the bitcoin price keeps on rising, the value of hashnest cloud mining shares are getting decimated.

This may pull back some in the next 11 days but then again it could very well end up even higher..

Estimated Next Difficulty: 81,490,860,319 (+12.06%)
Adjust time: After 1731 Blocks, About 11.4 days

newcoins1978

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I am not sure these analysis can be applied for hashnest cloud mining.

Their market is even more volatile then bitcoin.

While the bitcoin price keeps on rising, the value of hashnest cloud mining shares are getting decimated.

galdur

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Well, I´m not going to put money on that guy´s analysis. What others do is their business. I guess we´ll just have to see what we´ll see. I´ll be revisiting this subject later Grin

flip21

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Quote from: galdur on November 24, 2015, 06:11:50 PM

Quote from: HN-AG on November 24, 2015, 06:09:39 PM

Quote from: galdur on November 24, 2015, 05:44:17 PM

Quote from: HN-AG on November 24, 2015, 05:35:55 PM

Quote from: galdur on November 24, 2015, 04:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

Difficulty just increased by 10% and the next increase is predicted to be similar.

Doubling time to get to 1 EH/s from here:

10% diff increase every 14 days = about 100 days

7% = about 140 days

5% = about 200 days

Yeah, I think it´s highly likely that you´ll hear the term exahash in the coming months and it seems a given that total hash will be there in - say six months? Any shipping backlogs at Bitmain?

Sure its possible that Bitmain will sell 100,000 S7's to take the diff to 1EH/s taking every miner out of profitability including S5, thats around 388PHs out of profitabilty and likely to shut down (Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s) so that requires another 80,000 S7's to be sold to replace the shutdown miners

I highly doubt it though, unless BTC/USD gets a huge boost.

You may want to compare this chart to that of bitcoin since early 2014. If I had a bitcoin for every time I´ve heard that bitcoin needed a special boost in price for hashrate to increase I´d be a billionaire Grin

Here I analysed it Cheesy

Anyway pretty graphs that aren't created with AI/Magical Crystal Balls/Time Machine are pretty useless IMO.

galdur

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Quote from: HN-AG on November 24, 2015, 06:09:39 PM

Quote from: galdur on November 24, 2015, 05:44:17 PM

Quote from: HN-AG on November 24, 2015, 05:35:55 PM

Quote from: galdur on November 24, 2015, 04:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

Difficulty just increased by 10% and the next increase is predicted to be similar.

Doubling time to get to 1 EH/s from here:

10% diff increase every 14 days = about 100 days

7% = about 140 days

5% = about 200 days

Yeah, I think it´s highly likely that you´ll hear the term exahash in the coming months and it seems a given that total hash will be there in - say six months? Any shipping backlogs at Bitmain?

Sure its possible that Bitmain will sell 100,000 S7's to take the diff to 1EH/s taking every miner out of profitability including S5, thats around 388PHs out of profitabilty and likely to shut down (Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s) so that requires another 80,000 S7's to be sold to replace the shutdown miners

I highly doubt it though, unless BTC/USD gets a huge boost.

You may want to compare this chart to that of bitcoin since early 2014. If I had a bitcoin for every time I´ve heard that bitcoin needed a special boost in price for hashrate to increase I´d be a billionaire Grin

HN-AG

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Quote from: galdur on November 24, 2015, 05:44:17 PM

Quote from: HN-AG on November 24, 2015, 05:35:55 PM

Quote from: galdur on November 24, 2015, 04:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

Difficulty just increased by 10% and the next increase is predicted to be similar.

Doubling time to get to 1 EH/s from here:

10% diff increase every 14 days = about 100 days

7% = about 140 days

5% = about 200 days

Yeah, I think it´s highly likely that you´ll hear the term exahash in the coming months and it seems a given that total hash will be there in - say six months? Any shipping backlogs at Bitmain?

Sure its possible that Bitmain will sell 100,000 S7's to take the diff to 1EH/s taking every miner out of profitability including S5, thats around 388PHs out of profitabilty and likely to shut down (Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s) so that requires another 80,000 S7's to be sold to replace the shutdown miners

I highly doubt it though, unless BTC/USD gets a huge boost.

galdur

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Merit: 500

Quote from: HN-AG on November 24, 2015, 05:35:55 PM

Quote from: galdur on November 24, 2015, 04:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

Difficulty just increased by 10% and the next increase is predicted to be similar.

Doubling time to get to 1 EH/s from here:

10% diff increase every 14 days = about 100 days

7% = about 140 days

5% = about 200 days

Yeah, I think it´s highly likely that you´ll hear the term exahash in the coming months and it seems a given that total hash will be there in - say six months? Any shipping backlogs at Bitmain?

HN-AG

newbie

Activity: 3

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Quote from: galdur on November 24, 2015, 04:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

galdur

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Altynbekova

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Quote from: galdur on November 24, 2015, 04:48:43 PM

The average block time is the same, about ten minutes, and so is the resulting average number of blocks found per day. Increasing hash means increasing competition for that fixed amount, thus "difficulty". Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

I remember the time I had 10 TH at hashnest and that was a lot. These days i got over 80TH and I am still a small fish. Some really rich people are into mining these days.

Topic: HASHNEST Discussion and Support Thread - page 146. (Read 660097 times)