I do not think they are that smart phil.
if they were it would now mean the hashnest is filled with s11's and since the s-9's dont make money all the s9 hashnest shares are dead.
It means they have tons of idle s11's they could point to the bch fork side they like.
So I see that BTC hashrate did the drop but what is the hashrate for each BCH fork
if you are correct all three coins need to be close to 65eh in hash
so:
BTC is 40 eh coin is 4200
BCH is 4 eh coin is 200
BCH/fork is
Topic: Will btc difficulty go sideways for rest of the year? - page 10. (Read 11924 times)
Loving the drop in diff though my concern is if the hashrate continues to decline on BTC are we not running the risk of allowing 2nd chain to catch up in Log2(POW) if an attacker has been "covert" building upon a 2nd secret chain could this not allow for a much easier 51% attack in the future if things continue to decline.
While it might be a good thing for some in the short term the drop in hash and diff I think there is something we are missing here.
While it might be a good thing for some in the short term the drop in hash and diff I think there is something we are missing here.
my theory is hashnest manipulated market.
quite a bit.
they loaded it with s11's (they are real)
back in feb/march
still charged all s9 owners of hashnest power fees based on s9 power cost say 100 watts a th. not the 70 watts a th the s11 uses.
they then sold the s9s as s9i's with pcb dipped and cleaned and new fans. this is how they sold all those cheapo s9i's and s9j's for months on end.
so from march to nov 1 they made extra on the hashnest gear and turned over the s9's they were fully roi'd
has to be 10 to 20 percent of the network.
now price is crashing and they are offloading s11's but not to the states
some s11 photos
Loving the drop in diff though my concern is if the hashrate continues to decline on BTC are we not running the risk of allowing 2nd chain to catch up in Log2(POW) if an attacker has been "covert" building upon a 2nd secret chain could this not allow for a much easier 51% attack in the future if things continue to decline.
While it might be a good thing for some in the short term the drop in hash and diff I think there is something we are missing here.
While it might be a good thing for some in the short term the drop in hash and diff I think there is something we are missing here.
This is such an excellent thread. Very useful and informative analysis. Thank you for your work here.
I'm sure I'm not the only one that mines at a loss... I did so in 2013/14 when BTC was $300-600 and waited years for the spike..
Now we are desperate to get as much as we can before the 2020 half reward drop. And just as hopeful for another spike.
Now we are desperate to get as much as we can before the 2020 half reward drop. And just as hopeful for another spike.
everyone above 7 cents is dead.
Now bitmain had a huge Hashnest operation which was around 8cents for power and said it was s9's.
I think they simply shut that down this would cause the drop.
I also think they would ask quite a bit for the miner to get shipped to you. So you will say no then
they could simple mine the gear now and if they are 4 cent power they make money on it.
Now bitmain had a huge Hashnest operation which was around 8cents for power and said it was s9's.
I think they simply shut that down this would cause the drop.
I also think they would ask quite a bit for the miner to get shipped to you. So you will say no then
they could simple mine the gear now and if they are 4 cent power they make money on it.
I'm probably 99 times wrong out of 100 when trying to predict stuff but no way a 20% drop will happen if the price will stay at least the same or in a 5% range from 4500. No way!
10exa is something close to half a million s9, I doubt there is that much older and more inefficient gear still mining, and right now it makes no sense to unplug s9s if you can get 4-5 cents per kwh.
Something totally wrong is going on behind the curtains
10exa is something close to half a million s9, I doubt there is that much older and more inefficient gear still mining, and right now it makes no sense to unplug s9s if you can get 4-5 cents per kwh.
Something totally wrong is going on behind the curtains
There's a lot of people who could try to scrape by on their mining, but now with BTC below 4500, they've pulled the plug.
bitcoinwisdom below
Hashrate(?): 39,983,904,950 GH/s this is more like 20%
Hashrate(?): 39,983,904,950 GH/s this is more like 20%
I'm probably 99 times wrong out of 100 when trying to predict stuff but no way a 20% drop will happen if the price will stay at least the same or in a 5% range from 4500. No way!
10exa is something close to half a million s9, I doubt there is that much older and more inefficient gear still mining, and right now it makes no sense to unplug s9s if you can get 4-5 cents per kwh.
Something totally wrong is going on behind the curtains
numbers are still very low from above two sites
-7 to -11.6
-10.24
bitcoinwisdom below
Bitcoin Difficulty: 6,653,303,141,405
Estimated Next Difficulty: 6,250,646,273,917 (-6.05%)
Adjust time: After 1317 Blocks, About 10.1 days
Hashrate(?): 39,983,904,950 GH/s this is more like 20%
Block Generation Time(?):
1 block: 11.1 minutes
3 blocks: 33.1 minutes
6 blocks: 1.1 hours
Updated: 7:15 (4.6 minutes ago)
#Hashwar had first white flag raised yesterday
https://coingeek.com/plan-end-worlds-first-bitcoin-hash-election/
https://twitter.com/JiangZhuoer/status/1064874870704504832
https://cash.coin.dance/
BTC Bottomed at 4400$USD on Poloniex.
BAB and BSV will continue to drain hashrate
Trashing unprofitable miners in China
https://twitter.com/DoveyWan/status/1064878600594305025
Business going bankrupt
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions
Only good news :
BTC Retarget -24%
https://fork.lol/pow/retarget
https://coingeek.com/plan-end-worlds-first-bitcoin-hash-election/
https://twitter.com/JiangZhuoer/status/1064874870704504832
https://cash.coin.dance/
BTC Bottomed at 4400$USD on Poloniex.
BAB and BSV will continue to drain hashrate
Trashing unprofitable miners in China
https://twitter.com/DoveyWan/status/1064878600594305025
Business going bankrupt
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions
Only good news :
BTC Retarget -24%
https://fork.lol/pow/retarget
Quote from: https://diff.cryptothis.com/
Latest Block: 550970 (23 minutes ago)
Current Pace: 89.2434% (603 / 675.68 expected, 72.68 behind) big number more then -10%
Current Difficulty: 6653303141405.96
Next Difficulty: between 5944540168368 and 6272808515394
Next Difficulty Change: between -10.6528% and -5.7189%
Previous Retarget: last Friday at 6:43 PM
Next Retarget (earliest): December 1, 2018 at 3:19 PM (in 10d 3h 59m 24s)
Next Retarget (latest): December 2, 2018 at 11:13 AM (in 10d 23h 53m 6s)
Projected Epoch Length: between 14d 20h 36m 12s and 15d 16h 29m 54s
Current Pace: 89.2434% (603 / 675.68 expected, 72.68 behind) big number more then -10%
Current Difficulty: 6653303141405.96
Next Difficulty: between 5944540168368 and 6272808515394
Next Difficulty Change: between -10.6528% and -5.7189%
Previous Retarget: last Friday at 6:43 PM
Next Retarget (earliest): December 1, 2018 at 3:19 PM (in 10d 3h 59m 24s)
Next Retarget (latest): December 2, 2018 at 11:13 AM (in 10d 23h 53m 6s)
Projected Epoch Length: between 14d 20h 36m 12s and 15d 16h 29m 54s
Next difficulty
Current difficulty: 6,653,303,141,406
Next difficulty estimate: 5,994,333,067,513 -9.90%
Estimated change time: December 02, 2018 14:34
Estimated time left: 11 days
Current difficulty: 6,653,303,141,406
Next difficulty estimate: 5,994,333,067,513 -9.90%
Estimated change time: December 02, 2018 14:34
Estimated time left: 11 days
This is no longer sideways, it's all the way down
If we go 10% we're hitting July levels.
And it seems hash rates are going down also for the BCH forks so there is less and less hashpower than can come back.
Is really only the price that is making miners unplug their gear or is there something at work in the background?
Quote
Current Pace: 89.4204% (589 / 658.69 expected, 69.69 behind)
Next Difficulty Change: between -10.4778% and -5.5177%
Next Difficulty Change: between -10.4778% and -5.5177%
If we go 10% we're hitting July levels.
And it seems hash rates are going down also for the BCH forks so there is less and less hashpower than can come back.
Is really only the price that is making miners unplug their gear or is there something at work in the background?
Obviously still quite a ways out. But we drew about 1/5 of the way through the blocks for this adjustment and its calling for a -15
The only upside to the current bch shitshow/ btc dumping is that for this whole retarget period will be encompassed by it.
I could use a couple more massive Diff decreases.
The only upside to the current bch shitshow/ btc dumping is that for this whole retarget period will be encompassed by it.
I could use a couple more massive Diff decreases.
A -15 and then a -10 would be good.
But we are seeing a fundamental alteration in the game so who the fuck knows what happens next two-three jumps.
Obviously still quite a ways out. But we drew about 1/5 of the way through the blocks for this adjustment and its calling for a -15
The only upside to the current bch shitshow/ btc dumping is that for this whole retarget period will be encompassed by it.
I could use a couple more massive Diff decreases.
The only upside to the current bch shitshow/ btc dumping is that for this whole retarget period will be encompassed by it.
I could use a couple more massive Diff decreases.
got under that 4666.20 on coinbase
Additionally, eff those guys. BTC@4900, with the same production cost and zero decrease in utility from when it was $6300 five days ago.
EDIT - make that $4800. Double eff.
EDIT - make that $4800. Double eff.
@ yankees
To all we are in very interesting times right now.
https://hitbtc.com/exchange/BCHABC-to-BTC
BCHABC is now 0.0504 btc
https://hitbtc.com/exchange/BCHSV-to-BTC
BCHSV is now 0.01509
this is 0.06549 btc for both or 363 usd
yet hash is leaving btc to mine the losing coins.
I have no idea what will happen but it should be interesting to see it happen.
We could see a meltdown big time of all 3 coins.
At mods please do not alter or delete this as the BCH/Fork or war is altering BTC hash rate and I really don't give two shits about either BCH fork.
I do care how BTC will get affected by this all. SO it is directly related to BTC.
Current difficulty: 6,653,303,141,406
Next difficulty estimate: 6,100,184,433,276 -8.31%
Estimated change time: December 02, 2018 06:04
Estimated time left: 13 days
Next difficulty estimate: 6,100,184,433,276 -8.31%
Estimated change time: December 02, 2018 06:04
Estimated time left: 13 days
To all we are in very interesting times right now.
https://hitbtc.com/exchange/BCHABC-to-BTC
BCHABC is now 0.0504 btc
https://hitbtc.com/exchange/BCHSV-to-BTC
BCHSV is now 0.01509
this is 0.06549 btc for both or 363 usd
yet hash is leaving btc to mine the losing coins.
I have no idea what will happen but it should be interesting to see it happen.
We could see a meltdown big time of all 3 coins.
At mods please do not alter or delete this as the BCH/Fork or war is altering BTC hash rate and I really don't give two shits about either BCH fork.
I do care how BTC will get affected by this all. SO it is directly related to BTC.
So it was -7.39%
I don't think it will drop again for the next 3 jumps this year.
I don't think it will drop again for the next 3 jumps this year.
2 useful applications for cryptocurrencies monitoring and trading!
Mammon
You can find out the percentage of cryptocurrency rise or fall, price refresh rate according to your settings: daily or each hour.
Mammon allows to calculate the total sum of your earnings per each cryptocurrency or all of them together. This platform differs from the others, as here you can set a target price for cryptocurrencies you want and get the notification if any of them reaches the threshold.
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Delta
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Read more:
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Mammon
You can find out the percentage of cryptocurrency rise or fall, price refresh rate according to your settings: daily or each hour.
Mammon allows to calculate the total sum of your earnings per each cryptocurrency or all of them together. This platform differs from the others, as here you can set a target price for cryptocurrencies you want and get the notification if any of them reaches the threshold.
You can download Mammon at the official site.
Delta
If your chosen cryptocurrency exchange does not have a mobile trading application (like Bittrex or Poloniex), Ztrader allows Windows and Mac users to connect via the API and execute transactions.
Delta is a great application for serious cryptocurrency trading. It creates a pie chart of a cryptocurrency portfolio and provides the calculation of such parameters as realized and unrealized profits, as well as reports on tax returns. You pay taxes, right? Of course yes. To use all the features of Delta you need a subscription. The service is provided by a great app for Windows and Mac.
You can download Delta at the official site.
Read more:
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We are counting down about an hour and six blocks left.
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 7,184,404,942,701
Estimated Next Difficulty: 6,650,727,160,163 (-7.43%)
Adjust time: After 6 Blocks, About 1.1 hours
Hashrate(?): 45,379,080,421 GH/s
Block Generation Time(?):
1 block: 11.0 minutes
3 blocks: 33.0 minutes
6 blocks: 1.1 hours
Difficulty History
Date Difficulty Change Hash Rate
Nov 16 2018 a -7% or more all aways back to aug 11 to aug 24 numbers
Nov 01 2018 7,184,404,942,701 0.02% 51,427,973,784 GH/s
Oct 18 2018 7,182,852,313,938 -3.65% 51,416,859,634 GH/s
Oct 04 2018 7,454,968,648,263 4.23% 53,364,744,228 GH/s
Sep 20 2018 7,152,633,351,906 1.90% 51,200,543,878 GH/s
Sep 07 2018 7,019,199,231,177 4.34% 50,245,385,237 GH/s
Aug 24 2018 6,727,225,469,722 5.29% 48,155,355,642 GH/s
Aug 11 2018 6,389,316,883,511 7.39% 45,736,511,764 GH/s
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 7,184,404,942,701
Estimated Next Difficulty: 6,650,727,160,163 (-7.43%)
Adjust time: After 6 Blocks, About 1.1 hours
Hashrate(?): 45,379,080,421 GH/s
Block Generation Time(?):
1 block: 11.0 minutes
3 blocks: 33.0 minutes
6 blocks: 1.1 hours
Difficulty History
Date Difficulty Change Hash Rate
Nov 16 2018 a -7% or more all aways back to aug 11 to aug 24 numbers
Nov 01 2018 7,184,404,942,701 0.02% 51,427,973,784 GH/s
Oct 18 2018 7,182,852,313,938 -3.65% 51,416,859,634 GH/s
Oct 04 2018 7,454,968,648,263 4.23% 53,364,744,228 GH/s
Sep 20 2018 7,152,633,351,906 1.90% 51,200,543,878 GH/s
Sep 07 2018 7,019,199,231,177 4.34% 50,245,385,237 GH/s
Aug 24 2018 6,727,225,469,722 5.29% 48,155,355,642 GH/s
Aug 11 2018 6,389,316,883,511 7.39% 45,736,511,764 GH/s
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