Topic: Reduction in Difficulty (Read 1351 times)
estimates are quite wrong after a difficulty jump/drop. it should be ratger simple to create a better algorithm, though.
Difficulty has gone down 20% tonight, but trade rate has gone down 25% or more since the last difficulty change. If mining was not profitable for them then, it still shouldn't be.
Hey, quit being so lucky, you're going to mess things up!
Last 10 151200-151207 31/10/2011 04:18 2'311'686.28 x1.92
That's not luck, that's people who turned off cause it was unprofitable turning back on because after this drop, they are back in the black.
Uh, Mr Potato Head! 50% More hash power than has ever existed on Bitcoin doesn't magically turn on at once within an hour.
Uh, fella! All sampling inaccuracies aside, do you think those numbers are simple variance and there was no new power added to the network after the difficulty change? That it went from 12% down to 92% up in a couple hours?
It was at 300% right as difficulty change
Uh, fella! All sampling inaccuracies aside, do you think those numbers are simple variance and there was no new power added to the network after the difficulty change? That it went from 12% down to 92% up in a couple hours?
I can't picture hundreds of people waiting at their computers ready to start mining right at difficulty change.
You've obviously never seen namecoin.
Uh, fella! All sampling inaccuracies aside, do you think those numbers are simple variance and there was no new power added to the network after the difficulty change? That it went from 12% down to 92% up in a couple hours?
I can't picture hundreds of people waiting at their computers ready to start mining right at difficulty change.
Hey, quit being so lucky, you're going to mess things up!
Last 10 151200-151207 31/10/2011 04:18 2'311'686.28 x1.92
That's not luck, that's people who turned off cause it was unprofitable turning back on because after this drop, they are back in the black.
Uh, Mr Potato Head! 50% More hash power than has ever existed on Bitcoin doesn't magically turn on at once within an hour.
Uh, fella! All sampling inaccuracies aside, do you think those numbers are simple variance and there was no new power added to the network after the difficulty change? That it went from 12% down to 92% up in a couple hours?
Hey, quit being so lucky, you're going to mess things up!
Last 10 151200-151207 31/10/2011 04:18 2'311'686.28 x1.92
That's not luck, that's people who turned off cause it was unprofitable turning back on because after this drop, they are back in the black.
Uh, Mr Potato Head! 50% More hash power than has ever existed on Bitcoin doesn't magically turn on at once within an hour.
Hey, quit being so lucky, you're going to mess things up!
Last 10 151200-151207 31/10/2011 04:18 2'311'686.28 x1.92
That's not luck, that's people who turned off cause it was unprofitable turning back on because after this drop, they are back in the black.
Hey, quit being so lucky, you're going to mess things up!
Last 10 151200-151207 31/10/2011 04:18 2'311'686.28 x1.92
It's profitable to mine again! Hope the price stays above $3.2 though
For some, it's profitable down to $1...
It's profitable to mine again! Hope the price stays above $3.2 though
1,203,462
Ding!
In two blocks time the difficulty will be down quite a bit
Blocks 151198
Difficulty 1468195
Estimated 1204386 in 2 blks
How will it affect the price of the bitcoin? Also are we able to mine more bitcoins in a shorter time?
Blocks 151198
Difficulty 1468195
Estimated 1204386 in 2 blks
How will it affect the price of the bitcoin? Also are we able to mine more bitcoins in a shorter time?
1. not at all
2. yes
In two blocks time the difficulty will be down quite a bit
Blocks 151198
Difficulty 1468195
Estimated 1204386 in 2 blks
How will it affect the price of the bitcoin? Also are we able to mine more bitcoins in a shorter time?
Blocks 151198
Difficulty 1468195
Estimated 1204386 in 2 blks
How will it affect the price of the bitcoin? Also are we able to mine more bitcoins in a shorter time?
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