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Topic: Whats causing the estimated Difficulty jump to 6B? - page 2. (Read 2100 times)

hero member
Activity: 770
Merit: 500
More machines more difficulty simple.
full member
Activity: 239
Merit: 250
I am really confused where that hashing power is coming from.  Did KNC take their Neptunes online?  Did BFL ramp up their data center full of monarchs?  Did batch 1 of the S2's just get turned on?  I was expecting maybe 5.4 or 5.6 at most, but estimated 6.1b.... Please give me answers!
You got that 6B from https://bitcoinwisdom.com/bitcoin/difficulty ?
That's just an estimate.
Look how big a hashrate increase was few days before last difficulty retarget. New estimate still has to compensate for that, and for new hardware in next 10 days.

The biggest hashrate increase was at Discus Fish pool (f2pool). No realtime hashrate stats, but based on BTC received on pool address:
https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1KFHE7w8BhaENAswwryaoccDb6qcT6DbYY

I think that hashing power is coming from Chinese manufacturers, making new hardware from A1 chips.

On KNC pool address, there was no increase:
https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X

https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

But they may be hashing on some new address.

Kudos for being the only person that has a damn clue as to what the OP was asking.

For everyone else, A large amount of hashing power has suddenly hit the network over the past few days.
hero member
Activity: 630
Merit: 500
The difficulty is already projected. It's rises more or less at 22% every month.
...
That would have been nice...  Wink

But maybe we are getting there:
January:  100% hashrate increase
February: 50% hashrate increase
March: (??) 37% hashrate increase
...
hero member
Activity: 630
Merit: 500

Why were you expecting below average increase?

Growth rate slowing down for last 5 months:
hero member
Activity: 630
Merit: 500
I am really confused where that hashing power is coming from.  Did KNC take their Neptunes online?  Did BFL ramp up their data center full of monarchs?  Did batch 1 of the S2's just get turned on?  I was expecting maybe 5.4 or 5.6 at most, but estimated 6.1b.... Please give me answers!
You got that 6B from https://bitcoinwisdom.com/bitcoin/difficulty ?
That's just an estimate.
Look how big a hashrate increase was few days before last difficulty retarget. New estimate still has to compensate for that, and for new hardware in next 10 days.

The biggest hashrate increase was at Discus Fish pool (f2pool). No realtime hashrate stats, but based on BTC received on pool address:
https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1KFHE7w8BhaENAswwryaoccDb6qcT6DbYY

I think that hashing power is coming from Chinese manufacturers, making new hardware from A1 chips.

On KNC pool address, there was no increase:
https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X

https://blockchain.info/charts/received-per-day?showDataPoints=false×pan=30days&show_header=true&daysAverageString=7&scale=0&address=1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

But they may be hashing on some new address.
legendary
Activity: 1750
Merit: 1007
I am really confused where that hashing power is coming from.  Did KNC take their Neptunes online?  Did BFL ramp up their data center full of monarchs?  Did batch 1 of the S2's just get turned on?  I was expecting maybe 5.4 or 5.6 at most, but estimated 6.1b.... Please give me answers!

The most recent increase was ~700M.  Why would you expect it to slow down compared to the previous adjustment?  Miners have already been paid for for the next 6-9 months worth of deliveries most likely.  The only thing holding difficulty back is how slow the manufacturers are at putting products into miners hands (which is most likely deliberate).
hero member
Activity: 742
Merit: 500

Why were you expecting below average increase?
sr. member
Activity: 280
Merit: 250
I am really confused where that hashing power is coming from.  Did KNC take their Neptunes online?  Did BFL ramp up their data center full of monarchs?  Did batch 1 of the S2's just get turned on?  I was expecting maybe 5.4 or 5.6 at most, but estimated 6.1b.... Please give me answers!
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