Post
Topic
Board Mining speculation
Re: Diff thread Jan 13 to Jan 27 picks are closed!
by
philipma1957
on 23/01/2016, 19:22:54 UTC
Bitcoinwisdom is showing +7% but NextDifficulty is showing +2.5%

Which is correct?

both kind of

the real time right now is 2.5% and if we do all 144 block days we will be right near 2.5



the future prediction  of 7.5% is true if we continue to rip 170 block days  the 7.5 will come true.

 so 2.5 to 7.5 is the range of possibility   based on all 144 block days from now on or all 170 block days .


I consider above to be fact and below to be all spec


this network can step on the gas to about 1000ph  or hit the breaks to 750 ph.

makes sense to do this if you have huge hash power in reserve.and you do not want to kill the network.

for instance we all have seen bitfury's new chips do 50 gh at 7 watts  and  100 gh at 11 watts.

so if you are bitfury and your 40 mega watt farm can run at either speed.  you built the gear so it is cheap

when you run at  100 gh at 11 watts or full speed your hash power goes to  363ph  you are maxed

when you back off to .06 watts  you drop to 198 ph    

so the swing we see could be 198ph running at 0.06 watts   slow speed and 363 running at .11 watts top speed.

that is very close to the 165 gh swing we see.

if you are the only company in the world that can do this why not run like they do.  Especially if you want bitcoin to continue.

https://blockchain.info/blocks/1453512163472

394717 (Main Chain)   2016-01-23 23:46:02

394539 (Main Chain)   2016-01-23 00:06:25


we did 179 blocks  passing 1000 ph for the 24 hour day

179/144 = 1.243055  x  811 =  1008 ph  for the day