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Topic: Setting up new diff thread Dec 6 to Dec 20 picks closed. - page 2. (Read 9236 times)

legendary
Activity: 1456
Merit: 1000
11.1% day today.

Not good but not bad either.

Sad but that seems pretty great right now.  I would settle for 11 over the near 20.  Near 20 really does scare me.

Btc still on a slow slide its around 450 so not bad.  But 460 was nicer.
legendary
Activity: 3808
Merit: 1723
11.1% day today.

Not good but not bad either.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks

Aww, let say they can manage 0.1 J/GH @ wall, so we will see with this 40 MW farm another 400 PH/s soon.

We have been seeing 180 to 220 ph so maybe 40mw and .1 gh are not true.

But the 180 to 220 ph jump on those 195 block days is real.

There is a plus side to this as this jump may be the last super jump for a month or so.

I think the s-7 is going to drop a lot in price.
The other big question is what will they sell to the public, and how competitive will their prices be?  I wanted to buy some S7, but I tend to agree their price is likely to go down even more early next year.  I think I will wait that out.

yeah mine what you got and hold at least ½ the coins.



Note:

I cleaned up thread and deleted posts meant for other thread.

Today is almost over and blocks are at about 165  this would mean bitfury powered the immersion 40 MW  mine off.

I would if they are having an over heating issue.  Someone needs to see how cold it is at the new  mine  in

 Tbilisi, Georgia


http://www.wunderground.com/history/airport/UGTB/2015/12/17/MonthlyCalendar.html?req_city=Tbilisi&req_statename=Georgia&reqdb.zip=00000&reqdb.magic=1&reqdb.wmo=37545#calendar


dec 1   41-48    170
dec 2   37-51    158
dec 3   39-44    141
dec 4   35-42    154
dec 5   33-46    173
dec 6   28-48    157
dec 7   37-46    149
dec 8   41-51    171
dec 9   39-50    174
dec 10 37-41    212   cold day best test?
dec 11 30-42    157
dec 12 26-44    169
dec 13 28-50    137    hotter day backed off?
dec 14 26-42    197   cold day good test?
dec 15 30-50    185    does not quite match
dec 16 33-46


I can't quite correlate  temps with blocks worth a shot to keep looking at it.


legendary
Activity: 2982
Merit: 1485
Bitcoin Difficulty:   79,102,380,900
Estimated Next Difficulty:   94,510,726,554 (+19.48%)
Adjust time:   After 355 Blocks, About 2.1 days
Hashrate(?):   719,009,847 GH/s

Finally it's under 20 percent again. I hope it goes down to 17.89 percent on Friday. Cheesy
legendary
Activity: 1174
Merit: 1001
Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks

Aww, let say they can manage 0.1 J/GH @ wall, so we will see with this 40 MW farm another 400 PH/s soon.

We have been seeing 180 to 220 ph so maybe 40mw and .1 gh are not true.

But the 180 to 220 ph jump on those 195 block days is real.

There is a plus side to this as this jump may be the last super jump for a month or so.

I think the s-7 is going to drop a lot in price.
The other big question is what will they sell to the public, and how competitive will their prices be?  I wanted to buy some S7, but I tend to agree their price is likely to go down even more early next year.  I think I will wait that out.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks

Aww, let say they can manage 0.1 J/GH @ wall, so we will see with this 40 MW farm another 400 PH/s soon.

We have been seeing 180 to 220 ph so maybe 40mw and .1 gh are not true.

But the 180 to 220 ph jump on those 195 block days is real.

There is a plus side to this as this jump may be the last super jump for a month or so.

I think the s-7 is going to drop a lot in price.
legendary
Activity: 1456
Merit: 1000
id say we might be in trouble  Undecided

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm
"Leading Bitcoin Blockchain Transaction Processing Company Will Bring Chip To Market In First Quarter of 2016 Through Integration And Reseller Partners"

best regards
d57heinz

Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks

It really is crazy looking at the blocks.  I sent a payment today... conformations so fast it was ridiculous.

I don't know if I would believe everything they say they will sell.  Sometimes they change their mind.  Remember they said they would sell that lightbulb?  I would still buy one for fun of it but they never sold them.   So I will need to see them selling to others to believe, and I'm guessing if you buy from them and they do it your getting a considerable amount of the batch.
sr. member
Activity: 408
Merit: 259
Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks

Aww, let say they can manage 0.1 J/GH @ wall, so we will see with this 40 MW farm another 400 PH/s soon.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
id say we might be in trouble  Undecided

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm
"Leading Bitcoin Blockchain Transaction Processing Company Will Bring Chip To Market In First Quarter of 2016 Through Integration And Reseller Partners"

best regards
d57heinz

Well they say they will sell chips.

If they sell chips better gear will be available.

We are going to have a very interesting six months.

Also notice they said they launched a 40 mega watt farm.

This is those crazy high jumps to 190 -  210 blocks
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
id say we might be in trouble  Undecided

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm
"Leading Bitcoin Blockchain Transaction Processing Company Will Bring Chip To Market In First Quarter of 2016 Through Integration And Reseller Partners"

best regards
d57heinz
legendary
Activity: 1498
Merit: 1030
Other than the Chinese "we can now take fiat currency again" announcements that caused the initial spike, I'm still trying to figure out why prices have climbed.
There has been ZERO positive news for Bitcoin lately, and still getting those rumbles out of the EU about "planning tighter regulation for anti-terrorist reasons" crap.


 Only thing I can think of (other than crazy Chinese investor speculation, or a BIG pump-and-dump) is that the Chinese economy might be tanking more than their government censorship is letting anyone know about.
legendary
Activity: 3808
Merit: 1723
I was just thinking of something random but, right now the average miner makes 0.0063 per TH, after adjustment if at 94B it'll be 0.0053

Crazy nuts.

Its still better then the average revenue that miners made throughout most of 2015, which was 0.01 BTC/THs but price was less than half.
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
I was just thinking of something random but, right now the average miner makes 0.0063 per TH, after adjustment if at 94B it'll be 0.0053

Crazy nuts.
legendary
Activity: 1302
Merit: 1068
Price at 449 currently.... it took a little dive Sad.  Not fun to watch it go down.  hopefully stays up as this difficulty needs it.

I'm wondering what caused the downward trend any info out there on why?

I don't know, just normal stuff i guess?

If you look at;
https://bitcoinwisdom.com/markets/btce/btcusd

6, 4, 2, 1hour... its all the same. Goes up a bit, goes down a bit less, goes up a bit more, goes down a bit less, over and over. And this one right now is pretty small, so i'm not worried.
legendary
Activity: 1456
Merit: 1000
Price at 449 currently.... it took a little dive Sad.  Not fun to watch it go down.  hopefully stays up as this difficulty needs it.

I'm wondering what caused the downward trend any info out there on why?
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
legendary
Activity: 1456
Merit: 1000
Today is over and overall +20.9%

So most likely the diff jump will be somewhere around that area.

It will be probably more than 20 percent but I picked 17.8 so I hope somebody shut down their miners. Cheesy

It's scary but some might after this 20 percent jump.  But chances are they wont with current price.

At 463 were doing pretty good.  Not long ago we were at 320 for the longest time.  It as very stable there.  Now it's lots of jumps.
alh
legendary
Activity: 1846
Merit: 1052
Personally I think it takes quite a while for gear to truly disappear from the network. With a BTC price in excess of $450, and locations where it's not hard to get electricity for less than $.05, lots of gear can still turn an operating profit. In addition, if a piece of gear gets sold, not destroyed, then it will be restarted. Nobody buys a miner with the intention of scrapping it. They are going to mine with it, even if it's at a tiny, or non-existent profit.

Sure a lot of big mining farms have gotten rid of their S3's and even S5's. If they sold them, then all they did was delay when and where they would hash. Only if they crushed them or recycle the hardware, did the hash actually disappear.

Look at all the interest by folks on setting up mining gear, with visions of a money-printing machine. Rising BTC price makes hash continue that might not otherwise.
legendary
Activity: 2982
Merit: 1485
Today is over and overall +20.9%

So most likely the diff jump will be somewhere around that area.

It will be probably more than 20 percent but I picked 17.8 so I hope somebody shut down their miners. Cheesy
legendary
Activity: 3808
Merit: 1723
Today is over and overall +20.9%

So most likely the diff jump will be somewhere around that area.
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