Newest Diff thread April 5 to April 18th - page 5.

notlist3d

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Quote from: philipma1957 on April 13, 2015, 07:13:29 PM

Quote from: notlist3d on April 13, 2015, 07:02:02 PM

Well nicehash pay has went down quite a bit. It appears people are returning to mining btc. Below is current bitwisdom:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    48,637,535,481 (-1.64%)
Adjust time:    After 781 Blocks, About 5.5 days

yep quite a bit jumped back .

I did not see this happening so soon but going back down a little:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    48,482,949,723 (-1.95%)
Adjust time:    After 758 Blocks, About 5.4 days

philipma1957

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'The right to privacy matters'

Quote from: notlist3d on April 13, 2015, 07:02:02 PM

Well nicehash pay has went down quite a bit. It appears people are returning to mining btc. Below is current bitwisdom:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    48,637,535,481 (-1.64%)
Adjust time:    After 781 Blocks, About 5.5 days

yep quite a bit jumped back .

notlist3d

legendary

Activity: 1456

Merit: 1000

Well nicehash pay has went down quite a bit. It appears people are returning to mining btc. Below is current bitwisdom:

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    48,637,535,481 (-1.64%)
Adjust time:    After 781 Blocks, About 5.5 days

Mikestang

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Quote from: notlist3d on April 13, 2015, 11:12:05 AM

Thinking of things close to that link I love the google document: https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=1784567491

Is it you Phil setting this up each difficulty change on the google doc? I thank who ever is doing this.

For sure, another thank you here, too. Very cool to watch this stuff in real time and see it evolve.

notlist3d

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Nicehash is dropping quickly on it's pay. Will be interesting if we see hash start to go back over to BTC.

alh

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Unfortunately BTC price is down to $225 as I type this. So difficulty down, along with price. Sad

philipma1957

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'The right to privacy matters'

Quote from: notlist3d on April 13, 2015, 11:12:05 AM

Thinking of things close to that link I love the google document: https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=1784567491

Is it you Phil setting this up each difficulty change on the google doc? I thank who ever is doing this.

jmumich have to check spelling .

That is correct

his profile is here
https://bitcointalksearch.org/user/jmumich-84984

Still a work in progress but it has been nice to use.

He took my ideas polished them into the sheet. really nice work. He is using the charts from http://btc.blockr.io/charts

4-05-2015 148

4-06-2015 126 -18
4-07-2015 150 -12
4-08-2015 128 -28
4-09-2015 138 -34
4-10-2015 148 -30
4-11-2015 140 -34
4-12-2015 130 -48 we are about 48 block off pace.
4-13-2015
4-14-2015
4-15-2015
4-16-2015
4-17-2015

I am good at raw data interruption . Also I can find the 'good' data but the presentation of it is not my best skill.

These numbers show hash shifting off btc. to another coin. Not as much as paycoin but the most significant case since paycoin late last year.

Short term it is nice to mine at 30 to 40% excess. I am renting on nice hash in the p=0.0138- 0.0145 range right now.

notlist3d

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Activity: 1456

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Thinking of things close to that link I love the google document: https://docs.google.com/spreadsheets/d/1qmF2knc5rSrJLESgQJYBz8mPzpKihmSzPPQUGH7pT8g/edit#gid=1784567491

Is it you Phil setting this up each difficulty change on the google doc? I thank who ever is doing this.

mavericklm

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i guess it doesn't matter https://bitcointalksearch.org/topic/m.11029983 'cause the diff is too low and the same for the remaining time.

would not expected an negative diff

notlist3d

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Quote from: philipma1957 on April 13, 2015, 07:54:00 AM

Quote from: notlist3d on April 13, 2015, 01:22:32 AM

Quote from: sloopy on April 12, 2015, 10:45:08 PM

The people renting the hash believing in the coin are the ones who get screwed.
Just like paycoin.

Who makes the most?
The current Asic mfg with product shipping, and the "devs" of the coin.

What would be great is to spot one of those scamcoins coming and pull a double reverse on the pump n dump...

Now that would be a movie!

BTC miners don't mind as long as the difficulty drops, and then the people who bag hold don't start yelling until a month or more down the road.

I would not compare to paycoin. Gaw in my opinion killed paycoin. Looking back it was all pretty obvious. I was looking at gaw twitter it shows them renting private jet to conference when they were looking ok before paycoin dropped.

It is very nice on pay on nicehash and renting right now. I will not complain, I hope it continues.

As far as tonight bitwisdom continues to show a downward trend in difficulty. Hard to say how much hash is being rented and not on btc right now.

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    47,682,109,922 (-3.57%)
Adjust time:    After 906 Blocks, About 6.7 days

I think the pool had 12ph a few posts back that was mentioned. So a lot of that 12ph would be mining btc. It almost perfectly accounts for the 3-4% drop.

I just don't like the pattern it has repeated many times. With PAYCOIN being the all time champ.

I think not not having Gaw in it makes a big difference for other coins. Gaw is a pretty horrible company in my opinion.

If you look they are even being sued for not paying electricity cost they used with their equipment.

philipma1957

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Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: notlist3d on April 13, 2015, 01:22:32 AM

Quote from: sloopy on April 12, 2015, 10:45:08 PM

The people renting the hash believing in the coin are the ones who get screwed.
Just like paycoin.

Who makes the most?
The current Asic mfg with product shipping, and the "devs" of the coin.

What would be great is to spot one of those scamcoins coming and pull a double reverse on the pump n dump...

Now that would be a movie!

BTC miners don't mind as long as the difficulty drops, and then the people who bag hold don't start yelling until a month or more down the road.

I would not compare to paycoin. Gaw in my opinion killed paycoin. Looking back it was all pretty obvious. I was looking at gaw twitter it shows them renting private jet to conference when they were looking ok before paycoin dropped.

It is very nice on pay on nicehash and renting right now. I will not complain, I hope it continues.

As far as tonight bitwisdom continues to show a downward trend in difficulty. Hard to say how much hash is being rented and not on btc right now.

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    47,682,109,922 (-3.57%)
Adjust time:    After 906 Blocks, About 6.7 days

I think the pool had 12ph a few posts back that was mentioned. So a lot of that 12ph would be mining btc. It almost perfectly accounts for the 3-4% drop.

I just don't like the pattern it has repeated many times. With PAYCOIN being the all time champ.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: sloopy on April 12, 2015, 10:45:08 PM

The people renting the hash believing in the coin are the ones who get screwed.
Just like paycoin.

Who makes the most?
The current Asic mfg with product shipping, and the "devs" of the coin.

What would be great is to spot one of those scamcoins coming and pull a double reverse on the pump n dump...

Now that would be a movie!

BTC miners don't mind as long as the difficulty drops, and then the people who bag hold don't start yelling until a month or more down the road.

I would not compare to paycoin. Gaw in my opinion killed paycoin. Looking back it was all pretty obvious. I was looking at gaw twitter it shows them renting private jet to conference when they were looking ok before paycoin dropped.

It is very nice on pay on nicehash and renting right now. I will not complain, I hope it continues.

As far as tonight bitwisdom continues to show a downward trend in difficulty. Hard to say how much hash is being rented and not on btc right now.

Bitcoin Difficulty:    49,446,390,688
Estimated Next Difficulty:    47,682,109,922 (-3.57%)
Adjust time:    After 906 Blocks, About 6.7 days

adaseb

legendary

Activity: 3808

Merit: 1723

Basically the people renting the hashrate late, or the people buying the coin at a high price.

Zero sum game.

sloopy

hero member

Activity: 700

Merit: 501

https://bitcointalk.org/index.php?topic=905210.msg

The people renting the hash believing in the coin are the ones who get screwed.
Just like paycoin.

Who makes the most?
The current Asic mfg with product shipping, and the "devs" of the coin.

What would be great is to spot one of those scamcoins coming and pull a double reverse on the pump n dump...

Now that would be a movie!

BTC miners don't mind as long as the difficulty drops, and then the people who bag hold don't start yelling until a month or more down the road.

alh

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Activity: 1846

Merit: 1052

OK, so lets assume that a new "Pump & Dump" happens on a AltCoin. Somebody has to get burned by that maneuver, don't they? If this is repeated, does this cast a pall on Bitcoin long term, or do folks manage to keep the various alt-coin debacles separate from Bitcoin??

While I am happy with a declining difficulty, if it puts Bitcoin in the crapper long term, it may not be all that great.

philipma1957

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Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: adaseb on April 12, 2015, 06:12:09 PM

Quote from: philipma1957 on April 12, 2015, 05:46:12 PM

https://bitcoinwisdom.com/bitcoin/difficulty (-2.71%)

https://www.nicehash.com/?p=allorders has 4.4ph all at 0.0149 vs 'norm' of 0.0102

It is like someone read my early posts and decided to show just how to drop btc diff.

This new coin is Tron classic pump and dump I would guess 3.4ph of the 4.4 ph rented on nice hash right now is mining this coin.

Maybe we can get lucky and the Tron coin pushes nicehash to .0200 and drops btc diff 5%

According to the pool, the net hashrate for that coin is 12Ph/s at times.

thanks .
so 12 ph is 3 maybe 4% and btc is down 3%.

So if you are bitfury or knc creating a hot coin designed to simply lower btc diff is worth do.. then create a pump and dump tout service to use other peoples money to play the new shit coin. and for very few coins and a few days time developing that new coin. you made the diff drop 2-4 % and your big ass 20ph or 30 ph farm pulls in 1 more 2 week adjustment of 3-4% more coins.

20 ph earns 2848 coins in 2 weeks if diff drops 3 % it earns 2934 coins so you gain 90 coins.

If you can spend 20 of those 90 to create a good pump and dump you gained 70 coins . and maybe you make something on the pump and dump side of it. looks to me like this will happen over and over. and over again.

adaseb

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Activity: 3808

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Quote from: philipma1957 on April 12, 2015, 05:46:12 PM

https://bitcoinwisdom.com/bitcoin/difficulty (-2.71%)

https://www.nicehash.com/?p=allorders has 4.4ph all at 0.0149 vs 'norm' of 0.0102

It is like someone read my early posts and decided to show just how to drop btc diff.

This new coin is Tron classic pump and dump I would guess 3.4ph of the 4.4 ph rented on nice hash right now is mining this coin.

Maybe we can get lucky and the Tron coin pushes nicehash to .0200 and drops btc diff 5%

According to the pool, the net hashrate for that coin is 12Ph/s at times.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

https://bitcoinwisdom.com/bitcoin/difficulty (-2.71%)

https://www.nicehash.com/?p=allorders has 4.4ph all at 0.0149 vs 'norm' of 0.0102

It is like someone read my early posts and decided to show just how to drop btc diff.

This new coin is Tron classic pump and dump I would guess 3.4ph of the 4.4 ph rented on nice hash right now is mining this coin.

Maybe we can get lucky and the Tron coin pushes nicehash to .0200 and drops btc diff 5%

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: suchmoon on April 12, 2015, 10:35:25 AM

Quote from: philipma1957 on April 12, 2015, 10:13:45 AM

But this group does not need to lay the 30 coins out. each day. All they need to do is convince us to mine a hot coin such as TRON and we the investors or suckers rent or switch gear to alt 256 coins.

The alltime hands down winner of these alt 256 coins was paycoin. After reviewing all that GAW-Zen did from March of 2014 to the actual paycoin mining in nov+ dec 2014 I am convinced it was done to halt or lower BTC diff . I think it ran into trouble due to the BTC price drop. I also think the BTC price drop was partially caused as a reaction to the paycoin mining.
If I had serious money in BTC I would be nervous as to what paycoin did to suck a lot of ph away from btc mining. I think some major selloffs occurred in BTC due to that super pump & dump event.

You're saying they successfully executed a plan to slow down the diff growth but couldn't take advantage of it because of the price drop? I think you're overestimating their abilities. Not to get too far off topic - a lot of recent events contradict that, like them not paying their power bill since November. If they had a grand plan like that the last thing to do would be to get their power cut off.

But I agree that it shows how a successfully hyped coin can have an impact on BTC. I'd say it's temporary now (Edi: I mean - very short term, it's not Paycoin anymore still holding BTC below $250 now).

I agree that BTC under 250 usd has many factors keeping it there.

As to whether they successfully executed a method to slow diff growth they did. I am certain they were trying to do it. I believe they did it with ltc first it worked and it also crashed the price of ltc.

I think they believed too much in their own hype and when they applied it to btc+paycoin they were egotistical enough to think. BTC would drop and paycoin would rise.

Instead they lowered btc a bit and paycoin fully crashed and burned. But there are always a lot of factors about price.

Make the TRON coin have a lot of people mine it and dump it will price is rising. This repeated move hurts BTC and I do not really see how it can be stopped. But what do I know. In the meantime I am enjoying renting my gear for

0.0128 a th vs 0.0102 .

suchmoon

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https://bpip.org

Quote from: philipma1957 on April 12, 2015, 10:13:45 AM

But this group does not need to lay the 30 coins out. each day. All they need to do is convince us to mine a hot coin such as TRON and we the investors or suckers rent or switch gear to alt 256 coins.

The alltime hands down winner of these alt 256 coins was paycoin. After reviewing all that GAW-Zen did from March of 2014 to the actual paycoin mining in nov+ dec 2014 I am convinced it was done to halt or lower BTC diff . I think it ran into trouble due to the BTC price drop. I also think the BTC price drop was partially caused as a reaction to the paycoin mining.
If I had serious money in BTC I would be nervous as to what paycoin did to suck a lot of ph away from btc mining. I think some major selloffs occurred in BTC due to that super pump & dump event.

You're saying they successfully executed a plan to slow down the diff growth but couldn't take advantage of it because of the price drop? I think you're overestimating their abilities. Not to get too far off topic - a lot of recent events contradict that, like them not paying their power bill since November. If they had a grand plan like that the last thing to do would be to get their power cut off.

But I agree that it shows how a successfully hyped coin can have an impact on BTC. I'd say it's temporary now (Edi: I mean - very short term, it's not Paycoin anymore still holding BTC below $250 now).

Topic: Newest Diff thread April 5 to April 18th - page 5. (Read 8002 times)