Post
Topic
Board Mining speculation
Re: Newest Diff thread April 19th to May 1st (Not open for picks until Tues)
by
philipma1957
on 20/04/2015, 03:55:58 UTC
That is why the idea of using the 300 -1000 zone for your pick makes more sense.
Right now we are getting a shit coin rush on nice hash so rates are pretty low.  by the 300th block that may go by by and we get a better idea of the diff guess.

Going past 1000 blocks or roughly the  26th of april would make it too easy.

so 300-1000 blocks kind of works.


I say down, it goes up. I say up, it goes down. I'm going to be more patient this time.

yeah I think if we delay until block 300 we can all get a feel for it.


https://bitcoinwisdom.com/bitcoin/difficulty  is -3.39%

 but it is only 11 blocks in this is based on current and last diff


Bitcoin Difficulty:   47,610,564,513
Estimated Next Difficulty:   45,996,464,248 (-3.39%)
Adjust time:   After 2005 Blocks, About 14.1 days
Hashrate(?):   331,173,351 GH/s
Block Generation Time(?):   
1 block: 10.1 minutes
3 blocks: 30.3 minutes
6 blocks: 1.0 hours
Updated:   16:0 (2.6 minutes ago)




www.bitcoincharts.com is  at -0.05% or 47582393724  this is more of a real world number


Waiting  until tues is a good idea to do picks.


The slight real world of bitcoincharts makes sense to me since all players did better with the diff change.



This is chart of last difficulty estimates evolution. Bitcoinwisdom is mostly wrong at the start due to wrong algo. Closest estimate had nextdifficulty.com - it is using last 1000 blocks for estimations.