Topic: Where Will The Difficulty Factor Go Next? (After it hits 140k next week)... - page 2. (Read 6761 times)
May 07, 2011, 11:48:07 AM
you guys are dumb if you think it's going to go down. It will grow at an exponentially higher rate and this will continue on and on and on and on..
May 04, 2011, 06:07:52 PM
You're forgetting the BFI_INT part. People earned around 10-15% out of it. Before any of this, the network hashrate was around 750, and spiked beyond 800 a few times. The simple addition of BFI_INT would have the exact same network anywhere around 825~920 Gh/s.
Also I, too, am expecting the OCN crowd to bail out of mining within a couple weeks.
Also I, too, am expecting the OCN crowd to bail out of mining within a couple weeks.
May 04, 2011, 05:48:37 PM
Value has gone ~300% up within quite short time, having +40% more difficulty doesn't hurt it much, I would say it will go more up 
* sigh * alas, i must agree.
May 04, 2011, 04:49:59 PM
Value has gone ~300% up within quite short time, having +40% more difficulty doesn't hurt it much, I would say it will go more up :)
May 04, 2011, 04:47:31 PM
I'd like to see it go down, but I think more likely it will stabalize for one more set of blocks before creeping up again. I think a lot of the OCN people caused a giant surge and are already stopping because they don't have any idea what Bitcoins are, how they work, and thought it was just a way to make quick money doing nothing. That's certainly the tone I got from the post on OCN and the way people were responding.
Halfway through the previous difficulty BitcoinCharts estimation of total network speed ranged from 0.95 - 1.05 tHash. When I was able to look at BitcoinCharts this morning it was 1.07, which is nowhere near as much of an increase as the next difficulty is estimated to be.
Halfway through the previous difficulty BitcoinCharts estimation of total network speed ranged from 0.95 - 1.05 tHash. When I was able to look at BitcoinCharts this morning it was 1.07, which is nowhere near as much of an increase as the next difficulty is estimated to be.
May 04, 2011, 04:32:40 PM
I predict down.
It has never hit 140k before (as far as I know), I assume it is from all the OCN fanboys turning on their computers overnight, and will drop considerably once they realize what they've done/how pointless it is for them.
It has never hit 140k before (as far as I know), I assume it is from all the OCN fanboys turning on their computers overnight, and will drop considerably once they realize what they've done/how pointless it is for them.
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