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Topic: It is 2020 time for a new diff thread. - page 19. (Read 14627 times)

alh
legendary
Activity: 1843
Merit: 1050
A little bit of relief: BTC price is $9414. Still going to drive all be the most efficient mining operations out the market.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
well  numbers are freaking brutal

Latest Block:   631711  (3 minutes ago)
Current Pace:   83.9137%  (704 / 838.96 expected, 134.96 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12754737658172 and 13665987854178
Next Difficulty Change:   between -15.7438% and -9.7242%
Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 4, 2020 at 10:40 AM  (in 9d 17h 18m 17s)
Next Retarget (latest):   June 5, 2020 at 1:57 PM  (in 10d 20h 35m 6s)
Projected Epoch Length:   between 15d 13h 7m 51s and 16d 16h 24m 40s

and 8899.50 price   make for a tough go for even a paid for s17pro at 5 cents.

is earning 4.50
is burning 2.65
net of ....  1.85  not too good.

At 9:32pm eastern standard time we will be at the 6 days mark  so 6 x 144 = 864 blocks

Latest Block:   631719  (45 minutes ago)
Current Pace:   82.4073%  (712 / 864.00 expected, 152 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12524282460732 and 13499467091877
Next Difficulty Change:   between -17.2662% and -10.8242%
Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 4, 2020 at 3:16 PM  (in 9d 17h 43m 10s)
Next Retarget (latest):   June 5, 2020 at 9:16 PM  (in 10d 23h 43m 50s)
Projected Epoch Length:   between 15d 17h 43m 11s and 16d 23h 43m 51s

152/6 = 25.333 blocks a day off the pace.  We will need to see how this keeps up.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
well  numbers are freaking brutal

Latest Block:   631711  (3 minutes ago)
Current Pace:   83.9137%  (704 / 838.96 expected, 134.96 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12754737658172 and 13665987854178
Next Difficulty Change:   between -15.7438% and -9.7242%
Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 4, 2020 at 10:40 AM  (in 9d 17h 18m 17s)
Next Retarget (latest):   June 5, 2020 at 1:57 PM  (in 10d 20h 35m 6s)
Projected Epoch Length:   between 15d 13h 7m 51s and 16d 16h 24m 40s

and 8899.50 price   make for a tough go for even a paid for s17pro at 5 cents.

is earning 4.50
is burning 2.65
net of ....  1.85  not too good.

At 9:32pm eastern standard time we will be at the 6 days mark  so 6 x 144 = 864 blocks

Latest Block:   631719  (45 minutes ago)
Current Pace:   82.4073%  (712 / 864.00 expected, 152 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12524282460732 and 13499467091877
Next Difficulty Change:   between -17.2662% and -10.8242%
Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 4, 2020 at 3:16 PM  (in 9d 17h 43m 10s)
Next Retarget (latest):   June 5, 2020 at 9:16 PM  (in 10d 23h 43m 50s)
Projected Epoch Length:   between 15d 17h 43m 11s and 16d 23h 43m 51s

152/6 = 25.333 blocks a day off the pace.  We will need to see how this keeps up.



at 932 pm about 10 min ago we should have been

1008 exactly half way.

we were at

842

down 166 blocks.

we were mining at a higher rate today we made.

130 blocks.
full member
Activity: 1022
Merit: 221
We are not retail.
Likely too much buy pressure to go much lower than the 7k you're projecting. Then if I'm wrong buy the dip everyone.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
Yea, hashrate is trickling down. I see about 6% drop atm so 10% isn't out of the question if fees keep dropping along with market rate.

2020 has been an amazingly  bad year so far.

For a lot of things.  besides. difficulty.

Although so far it is behaving exactly like LTC did last year.

If it mirrors that we drop to 3500-5000 and a diff of only 4 -6

I don't think we do that bad.

But I can see under 7k and under a diff of 9
full member
Activity: 1022
Merit: 221
We are not retail.
Yea, hashrate is trickling down. I see about 6% drop atm so 10% isn't out of the question if fees keep dropping along with market rate.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
No relief on the price front: $8790 per BTC coin.

I expected this .

It is the flip flop of diff chasing price. We sometimes get price chasing diff.

That 8790 is like 4395 if it were april.

Now that price is chasing diff  do we get a stronger drop of diff?

I would hope to see an eight teen day jump which is over 25%

and price settle near 8k.

That could give us a third drop in diff. maybe 10%.

we could go under 10.0 with some luck.

I also see bitmain dropping price on gear by tuesday or weds this week.

As bad as all this seems stay strong. Prep for better mining ⛏ down the road.

And get ready for wave two of covid-19

Brazil is about to explode with death 💀 in Rio.

God help us all.

I just want to be typing here next April fools day.  I am going to try to come up with a good one ☝️.
alh
legendary
Activity: 1843
Merit: 1050
No relief on the price front: $8790 per BTC coin.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
18 days to finish the jump.
full member
Activity: 1022
Merit: 221
We are not retail.
Yea, i've got a read of 122 blocks per day atm.

at 118   or so a day  we will have an 18 jump  which may be the longest we have had in 8 years or more.


What's the reference to an 18 jump?
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
I'm surprised to see hashrate just slightly up after this re target. Was expecting to see faster blocks with about 110EH. I suppose price drop is keeping some equipment from coming back online.

hash rate is slow.

My guess is a lot more s9's were running then people believed.

Quote
https://diff.cryptothis.com/

Bitcoin Difficulty Estimator (by /u/archaeal)
HOME | Privacy Policy
(page refreshes automatically) (all times local)
Latest Block:   631306  (22 minutes ago)

Current Pace:   82.0047%  (299 / 364.61 expected, 65.61 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12531107133109 and 14319900528820
Next Difficulty Change:   between -17.2211% and -5.4045%

Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 3, 2020 at 5:47 PM  (in 12d 7h 28m 49s)
Next Retarget (latest):   June 5, 2020 at 11:16 PM  (in 14d 12h 57m 49s)
Projected Epoch Length:   between 14d 20h 14m 56s and 17d 1h 43m 56s
FUN FACT:


day 1.  115 vs 144
day 2.  125 vs 144.   240 vs 288 down 48.  and we are down 17 more today.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
hash rate is slow.

My guess is a lot more s9's were running then people believed.

Latest Block:   631306  (22 minutes ago)
Current Pace:   82.0047%  (299 / 364.61 expected, 65.61 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12531107133109 and 14319900528820
Next Difficulty Change:   between -17.2211% and -5.4045%
Previous Retarget:   last Tuesday at 9:32 PM
Next Retarget (earliest):   June 3, 2020 at 5:47 PM  (in 12d 7h 28m 49s)
Next Retarget (latest):   June 5, 2020 at 11:16 PM  (in 14d 12h 57m 49s)
Projected Epoch Length:   between 14d 20h 14m 56s and 17d 1h 43m 56s

day 1.  115 vs 144
day 2.  125 vs 144.   240 vs 288 down 48.  and we are down 17 more today.

day 3.5   403. vs. 498.  95 down. and we are actually  13 hours away from the 4 day mark.  WE don't see this type of drop in btc , but I believe it puts price pressure in a downward manner. This 20% drop could cause 8800 price as price follows diff. (very rare)

in an hour we will be 4 days in we should do 144 x 4 = 576 blocks

we will be  more like 472 blocks  or 104 blocks down

that is 26 blocks a day off  norm of 144

at 118   or so a day  we will have an 18 day time period for the jump  which may be the longest we have had in 8 years or more.
full member
Activity: 1022
Merit: 221
We are not retail.
I'm surprised to see hashrate just slightly up after this re target. Was expecting to see faster blocks with about 110EH. I suppose price drop is keeping some equipment from coming back online.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
2 days in and down 48 blocks

alh
legendary
Activity: 1843
Merit: 1050
No particular relief on the BTC price front: $9095 at the moment.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
Okay  1 day into this jump.

Latest Block:   631122  (13 minutes ago)
Current Pace:   79.8611%  (115 / 144.00 expected, 29 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 12382640056415 and 14773682956890
Next Difficulty Change:   between -18.2018% and -2.4069%
Previous Retarget:   Yesterday at 9:32 PM
Next Retarget (earliest):   June 3, 2020 at 6:56 AM  (in 13d 9h 23m 27s)
Next Retarget (latest):   June 6, 2020 at 10:16 AM  (in 16d 12h 43m 49s)
Projected Epoch Length:   between 14d 9h 23m 27s and 17d 12h 43m 49s

we are down 29 blocks.

which means 290 after 10 days

and 406 after 14 days

so in theory on June 2   9:32 pm.  0%.   Just finished 2016, but  we will be at 1610 on June 2.

Time will tell.
sr. member
Activity: 604
Merit: 416
Well, you are in Europe (same as me) and prices are higher beacuse of VAT. You can order from resellers in China for 20$ per S9 (with PSU) if you order in bulk (500+ if I remember correctly), but good luck importing it in some countries...
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
also the fact that used S9s are going on sale!!, you can find them for $25-30 with PSU,

On my local ads website, something like ebay, the prices are....I don't know how to call them!

FUN FACT:
It could take 19 days to do a jump.

We could also see a few days with only 100+ sat in fee transactions getting confirmed Cry as we almost had 24h with nothing over 50sat/b getting though.
legendary
Activity: 2156
Merit: 1070
yeah cash 💰 is growing like mad.

while btc does not really grow.

it is always 21 million coins.

in two states mined and not mined well maybe three.

lost , mined and not mined.

we  should see a price boost as I see the world 🌎 printing 10 to 12 trillion dollars worth of various cash.

euros, dollars, pounds, rubles, yen etc.

what is name for chinese money 💰 spaced it out.

12 trillion new money is close to 100x btc value.

this is the single biggest reason for btc to go up.

I must admit, I have never really understand how the minds of miners work, its one reason I started following this thread after years in this industry. But I assume, one way or the other, you still expect price to go up and be profitable for you or you wouldn't work so hard at this.

Simple enough.

 cheap power = profit

there is more but. cheap power takes away most risk.

You do not get the returns of buy and hold. But you don't fear buy and drop in price.

I can make money if coins drop.
I can make money if coins go up.
I can make money if diff goes down.
I can make money if diff goes up.

If build burns down I collect as they are insured.
If gear is stolen I collect as they are insured.

My risk is not high.  But I do not get crazy high returns.


True. You trade less monetary risk for time and effort.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
very early but a huge diff drop

Latest Block:   631055  (7 minutes ago)
Current Pace:   73.7779%  (48 / 65.06 expected, 17.06 behind)
Current Difficulty:   15138043247082.88XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty:   between 11786283004138 and 14938161679131
Next Difficulty Change:   between -22.1413% and -1.3204%
Previous Retarget:   Yesterday at 9:32 PM
Next Retarget (earliest):   June 3, 2020 at 3:09 AM  (in 13d 18h 46m 32s)
Next Retarget (latest):   June 7, 2020 at 8:58 PM  (in 18d 12h 34m 39s)
Projected Epoch Length:   between 14d 5h 37m 8s and 18d 23h 25m 15s

It could take 19 days to do a jump.

price has yet to crack 10,000 it is at 9736.
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