People are speculating about a difficulty "explosion" for several months... Many said that at that point the difficulty would be around 400k, 500k, 600k... BS! It's still above 280K!! Obviously the difficulty will grow considerably until the end of the year. But all predictions about the difficulty since the beginning of the year have gone VERY far from the truth. I'm expecting a considerable increase as I said, but people saying it will grow 3x until October... No way! Most people are mining other coins with L3+ (not litecoin).
You do realize they haven't shipped out any units in the second batch yet right? The April/May shipments were their first batch, the pretty much tripled scrypt has that we see now. The next shipments are going to start going out now, and these batches are going to be 2-3 times the shipments from he initial.
Diff will be way over 500k by end of September just from bitmain alone, and thats not including however many BW will make.
I call BS. How do you know its 2-3 times as many machines? You can't even put a number on the april/May batch....
Stop spreading fud! Will difficulty increase? of course but stfu with rumors and other bullshit you don't know shit about....
Beside that diff went from 125 to 270 thats not tripled....
Lol ok buddy, love how newbs like you come on here and tell veteran members to stfu like YOU actually know what your talking about just because you don't like what you hear. I don't pull these numbers out of my ass, and making an informed post for people buying these so they can better gauge their expectations.
I build scrypt miners, and have personal relationships with all the main scrypt chipmakers. Now on to correct YOUR FUD.
Bitmain started shipping in the initial L3+ batches between mid April to End of May, diff went from 90k to 275k, thats actually exactly 3x...sorry you can't do simple maths. In that time they shipped about 10-12k units (this is a conservative estimate since some hash is not all on the LTC network). Being conservative again we can assume they will ship out another 10k in the coming batches between mid july to September. That will be an additional 5-6TH to the network bringing difficulty in the 450-500k range.
This is not including the shipments from BW (which I personal know the exact number of chips they are ordering since I'm ordering chips from them). I wont scare you with those numbers either in an effort not to provoke a rage session from you
Well at least you present some facts. I value that a lot
First Im not a noob just because I registered a new account here. I have been involved in mining since 2011, have been around the first crypto casinos as well as exchanges like bitcoin24...
I know my shit around the deep web just as well as around the general mining and trading area...
99% of all people commenting in here, are doing nothing else than speculating based on their wet dreams. Go back a couple of pages and you will see only a small hand of people actually stating they are only estimating or that they have no clue and are guessing.
To your numbers:
You are close, but you are missing hashnest rentals. The last batch on hash nest itself was less than 4k units. The batches sold before that between 1-2.5k units.
Calculating that in, and also the fact, that a lot of units are used to mine other script coins more profitable, the batches sold are not that many.
Regarding your 90k difficulty, the first batch was sold 15th of april. assuming they need at least 5 business days to be shipped, received (right threw customs and fired up) we can clearly see that difficulty was around 125k already before the majority of people received them...
Oh and if I remember correctly Bitmain did not even send them until end of April, supporting my statement even further.
Apr 18 2017 102,267 9.95% 2,928 GH/s
Apr 20 2017 132,016 29.09% 3,780 GH/s
Apr 24 2017 131,639 -0.29% 3,769 GH/s
Apr 27 2017 146,318 11.15% 4,190 GH/s
Another pointer is that the total network doubled after the 25th roughly....
If you would have posted your responds from the beginning I would have not attacked you and you would have established what you wanted. But just because you have 500 posts, does not mean what you write is different from the FUD of all the other trolls post.
And please go ahead and read some of my posts and you will see, that I try to do the same thing you do. Inform others and try to prevent some big mistakes like tax problems in case of the Giga watt project...
But yeah I kinda like you now that you have presented me with facts and I am now able to understand where your calculation is based upon.