The biggest difficulty jump I have ever seen

bobsmoke

sr. member

Activity: 314

Merit: 250

Quote from: Taras on December 11, 2013, 04:20:50 PM

Quote from: johnyj on October 26, 2013, 05:52:33 AM

A whopping 46% raise, only before the first rally to $30 I can find such large jump in difficulty Undecided

The largest % raise in history was on July 13, 2010 when the difficulty rose from 45 to 182 (+304.44%)

The highest diif change was this October and was because of Knc first batch.
You can the historical diff jumps here http://bitcoinwisdom.com/bitcoin/difficulty (scroll down)

Taras

legendary

Activity: 1386

Merit: 1053

Please do not PM me loan requests!

Quote from: johnyj on October 26, 2013, 05:52:33 AM

A whopping 46% raise, only before the first rally to $30 I can find such large jump in difficulty Undecided

The largest % raise in history was on July 13, 2010 when the difficulty rose from 45 to 182 (+304.44%)

miners78

newbie

Activity: 56

Merit: 0

The difficulty is insane recently. I've seen 30% increases regularly.

rampalija

full member

Activity: 154

Merit: 100

You should wait for another difficulty jump

deninart

newbie

Activity: 5

Merit: 0

Price may fall down highly and thousands of miners become bankrupt.
Of course speculators become bankrupt too ..... but it is a pity for the miners.

rampalija

full member

Activity: 154

Merit: 100

Quote from: whitemage on November 17, 2013, 05:33:27 AM

Quote from: DeathAndTaxes on November 16, 2013, 10:37:35 PM

Quote from: chaosknight on November 16, 2013, 10:35:40 PM

After this difficulty jump, hash fast is going to deliver at least 500 TH/s of machines... now guess the difficulty jump ....

KNC will be delivering ~ 2 PH/s in Nov as well. Cointerra still says on track for Dec for 2 PH/s (although I honestly think that will slip to Jan but still that is another 2 PH/s in either Dec or Jan).

We are in a lull before the storm.

Oh man, this is not good. What if they all deliver at the same time we could see 100% difficulty hike....

You guys are talking just about difficulty jump, WHAT is about price jump?!?!?!

Price jumped 350% in 3 weeks, what will hapen from now on

MilesJohan

sr. member

Activity: 378

Merit: 250

Another hike coming in 50 minute

Bitcoin Difficulty:   510,929,738
Estimated Next Difficulty:   608,655,757 (+19.13%)
Adjust time:   After 7 Blocks, About 54.4 minutes

Looks like the difficulty has slowed down to 19%, is this a good sign?

whitemage

full member

Activity: 214

Merit: 100

Quote from: DeathAndTaxes on November 16, 2013, 10:37:35 PM

Quote from: chaosknight on November 16, 2013, 10:35:40 PM

After this difficulty jump, hash fast is going to deliver at least 500 TH/s of machines... now guess the difficulty jump ....

KNC will be delivering ~ 2 PH/s in Nov as well. Cointerra still says on track for Dec for 2 PH/s (although I honestly think that will slip to Jan but still that is another 2 PH/s in either Dec or Jan).

We are in a lull before the storm.

Oh man, this is not good. What if they all deliver at the same time we could see 100% difficulty hike....

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: chaosknight on November 16, 2013, 10:35:40 PM

After this difficulty jump, hash fast is going to deliver at least 500 TH/s of machines... now guess the difficulty jump ....

KNC will be delivering ~ 2 PH/s in Nov as well. Cointerra still says on track for Dec for 2 PH/s (although I honestly think that will slip to Jan but still that is another 2 PH/s in either Dec or Jan).

We are in a lull before the storm.

chaosknight

hero member

Activity: 868

Merit: 1000

After this difficulty jump, hash fast is going to deliver at least 500 TH/s of machines... now guess the difficulty jump ....

Thenen

full member

Activity: 226

Merit: 100

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

I believe it should be better to do GPU mining on Litecoin right?

Corenin

legendary

Activity: 1008

Merit: 1000

The jump is surprisingly low this time.

Bitcoin Difficulty: 510,929,738
Estimated Next Difficulty: 602,706,748 (+17.96%)

Just 18%...

rampalija

full member

Activity: 154

Merit: 100

and now we will have new difficulty jump

Thenen

full member

Activity: 226

Merit: 100

Quote from: DeathAndTaxes on November 14, 2013, 06:29:26 PM

Quote from: rampalija on November 14, 2013, 06:26:14 PM

Do you have now 36 card or you stopped minningh now

I stopped last summer and parted it out. Was fun while it lasted but I saw the ASICs on the horizon. Just pointing out that buying used isn't always bad. Some people can't deal with out of warranty failure and if you are buying one GPU it might not be worth the hassle but if you buy a lot and intend to drive them hard anyways it can be worth it.

Wow nice... why not mine alt with it..?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: rampalija on November 14, 2013, 06:26:14 PM

Do you have now 36 card or you stopped minningh now

I stopped last summer and parted it out. Was fun while it lasted but I saw the ASICs on the horizon. Just pointing out that buying used isn't always bad. Some people can't deal with out of warranty failure and if you are buying one GPU it might not be worth the hassle but if you buy a lot and intend to drive them hard anyways it can be worth it.

rampalija

full member

Activity: 154

Merit: 100

Quote from: DeathAndTaxes on November 10, 2013, 01:55:10 PM

Quote from: rampalija on November 10, 2013, 01:05:05 PM

Quote from: Gumbork on November 02, 2013, 08:16:39 PM

Quote from: rampalija on November 02, 2013, 06:33:34 PM

Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

That's the reason why they are cheaper, just don't over clock too much and temperature below 70c would be great

not agree with you.
IF you pay 250$ for new GPU, you have warranty if it brokes
IF you pay 150$ for used GPU, if it brokes you loose all your money.

If it is OC edition why the hell you shouldnt clock it?!
Oh wait it is used and you get 450 Mhs instead of 650

where is logic

It depends on how much of a discount you get and how likely the risk of failure was.

When new HD 6990s were >$700 I bought 40 used 5970s for $250 to $400 ea. 2 were DOA which I disputed w/ ebay and returned for refund. Of the other 38, two of them died over the next 18 months of mining. I probably saved >$10,000 compared to new.

Do you have now 36 card or you stopped minningh now

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: DeathAndTaxes on November 10, 2013, 01:55:10 PM

Quote from: rampalija on November 10, 2013, 01:05:05 PM

Quote from: Gumbork on November 02, 2013, 08:16:39 PM

Quote from: rampalija on November 02, 2013, 06:33:34 PM

Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

That's the reason why they are cheaper, just don't over clock too much and temperature below 70c would be great

not agree with you.
IF you pay 250$ for new GPU, you have warranty if it brokes
IF you pay 150$ for used GPU, if it brokes you loose all your money.

If it is OC edition why the hell you shouldnt clock it?!
Oh wait it is used and you get 450 Mhs instead of 650

where is logic

It depends on how much of a discount you get and how likely the risk of failure was.

When new HD 6990s were >$700 I bought 40 used 5970s for $250 to $400 ea. 2 were DOA which I disputed w/ ebay and returned for refund. Of the other 38, two of them died over the next 18 months of mining. I probably saved >$10,000 compared to new.

woohoo, so you still have like 36 left as of today?

got2bereal

newbie

Activity: 16

Merit: 0

Just a year ago having a 5Gh/s setup was pimp now it's ghetto.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: rampalija on November 10, 2013, 01:05:05 PM

Quote from: Gumbork on November 02, 2013, 08:16:39 PM

Quote from: rampalija on November 02, 2013, 06:33:34 PM

Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

That's the reason why they are cheaper, just don't over clock too much and temperature below 70c would be great

not agree with you.
IF you pay 250$ for new GPU, you have warranty if it brokes
IF you pay 150$ for used GPU, if it brokes you loose all your money.

If it is OC edition why the hell you shouldnt clock it?!
Oh wait it is used and you get 450 Mhs instead of 650

where is logic

It depends on how much of a discount you get and how likely the risk of failure was.

When new HD 6990s were >$700 I bought 40 used 5970s for $250 to $400 ea. 2 were DOA which I disputed w/ ebay and returned for refund. Of the other 38, two of them died over the next 18 months of mining. I probably saved >$10,000 compared to new.

rampalija

full member

Activity: 154

Merit: 100

Quote from: Gumbork on November 02, 2013, 08:16:39 PM

Quote from: rampalija on November 02, 2013, 06:33:34 PM

Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

That's the reason why they are cheaper, just don't over clock too much and temperature below 70c would be great

not agree with you.
IF you pay 250$ for new GPU, you have warranty if it brokes
IF you pay 150$ for used GPU, if it brokes you loose all your money.

If it is OC edition why the hell you shouldnt clock it?!
Oh wait it is used and you get 450 Mhs instead of 650

where is logic

Topic: The biggest difficulty jump I have ever seen (Read 7911 times)