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Topic: Why huge ETH network difficulty jump today? 7/31/2017 (Read 1460 times)

full member
Activity: 602
Merit: 114
member
Activity: 109
Merit: 10
what is this so called "Ice Age"?

The difficulty rise faster than the hash rate rise to encourage the miners to not to mine and change to PoS.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This is part of the planned ice ace where difficulty readjustment changes every 100'000 blocks.

Today ~ 25 sec block times

in about 1 month 35 sec block times

another 1.4 month 55 sec block times

and then we should fork by then (maybe September).  Farms are also expanding at incredible rates to make the difficulty even higher.

I still cant understand the logistics of bringing online 500GHS in one fell swoop look :

http://ethpool.org/miners/f78399ee9528e081f4d905fc8ebb0566de480911/blocks

these guys added almost 200ghs in one big chunk

another wierd thing is eth pool was at 3.3 TH this morning, a huge farm over 500GHs and a bunch of others either moved to ETC or something else and now ethpool is at 2.3
only ONE worker in ethpool? Shocked

dont look at the worker deal, they are probbaly just using the same mining script on every box so it looks like one big worker, the big take away is they brought all this hash online all at once this weekend
legendary
Activity: 3738
Merit: 1708
There are no asics. Its just organic growth.

Every 100,000 difficulty bomb readjusts.
full member
Activity: 196
Merit: 100
This is part of the planned ice ace where difficulty readjustment changes every 100'000 blocks.

Today ~ 25 sec block times

in about 1 month 35 sec block times

another 1.4 month 55 sec block times

and then we should fork by then (maybe September).  Farms are also expanding at incredible rates to make the difficulty even higher.

I still cant understand the logistics of bringing online 500GHS in one fell swoop look :

http://ethpool.org/miners/f78399ee9528e081f4d905fc8ebb0566de480911/blocks

these guys added almost 200ghs in one big chunk

another wierd thing is eth pool was at 3.3 TH this morning, a huge farm over 500GHs and a bunch of others either moved to ETC or something else and now ethpool is at 2.3
only ONE worker in ethpool? Shocked
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This is part of the planned ice ace where difficulty readjustment changes every 100'000 blocks.

Today ~ 25 sec block times

in about 1 month 35 sec block times

another 1.4 month 55 sec block times

and then we should fork by then (maybe September).  Farms are also expanding at incredible rates to make the difficulty even higher.

I still cant understand the logistics of bringing online 500GHS in one fell swoop look :

http://ethpool.org/miners/f78399ee9528e081f4d905fc8ebb0566de480911/blocks

these guys added almost 200ghs in one big chunk

another wierd thing is eth pool was at 3.3 TH this morning, a huge farm over 500GHs and a bunch of others either moved to ETC or something else and now ethpool is at 2.3
hero member
Activity: 1008
Merit: 1000
This is part of the planned ice ace where difficulty readjustment changes every 100'000 blocks.

Today ~ 25 sec block times

in about 1 month 35 sec block times

another 1.4 month 55 sec block times

and then we should fork by then (maybe September).  Farms are also expanding at incredible rates to make the difficulty even higher.
hero member
Activity: 2926
Merit: 722
Ice age, or so called difficulty bomb.
Planned difficulty jump after 4.1m blocks, it will happen again after 200k blocks.


I dont think its just the ice age , some gigantic farms came online
this week, I mean like 500ghs plus farms

I totally agree. Just hoping it's not sign of testing ETH ASIC from China.
Yes, this would be probably the cause and no other than that. Gigantic farms would really affect ETH difficulty which means there nothing to be surprised of on sudden jump of it but i can say the growth movement isnt really normal for those who mine ETH. The longer they mine the lesser the profits but well this is how mining and difficulty works and its really a normal thing and you should really be aware of.
full member
Activity: 154
Merit: 100
Ice age, or so called difficulty bomb.
Planned difficulty jump after 4.1m blocks, it will happen again after 200k blocks.


I dont think its just the ice age , some gigantic farms came online
this week, I mean like 500ghs plus farms

I totally agree. Just hoping it's not sign of testing ETH ASIC from China.
full member
Activity: 196
Merit: 100
now 1,600T... 200T in 3 hours
full member
Activity: 350
Merit: 100
what is the future of EHC? I'm mining both ETH and ETC now,
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Ice age, or so called difficulty bomb.
Planned difficulty jump after 4.1m blocks, it will happen again after 200k blocks.


I dont think its just the ice age , some gigantic farms came online
this week, I mean like 500ghs plus farms
full member
Activity: 154
Merit: 100
They say 'winter is comming'..
As I know, it is a programmed course for converting Ethereum system into PoS(proof of stake) from PoW(proof of work).
By continuously making decrease of the mining output..

At last, we should find other altcoins to mine with..
full member
Activity: 196
Merit: 100
So this is the end?
copper member
Activity: 54
Merit: 0
what is this so called "Ice Age"?
full member
Activity: 154
Merit: 100
Ice age, or so called difficulty bomb.
Planned difficulty jump after 4.1m blocks, it will happen again after 200k blocks.
full member
Activity: 196
Merit: 100
1,400T to 1,550T suddenly? Huh
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