Post
Topic
Board Mining speculation
Re: Can bitcoin difficulty decrease
by
philipma1957
on 25/11/2017, 18:11:19 UTC
maybe when you opened the thread, in January, it was not possible to imagine,
but it is now possible and is happening!!!

check it!!!

https://bitcoinwisdom.com/bitcoin/difficulty

at the bottom there are historical data...

Now I'm seeing that information:

Quote
Bitcoin Difficulty:   1,364,422,081,125
Estimated Next Difficulty:   992,634,265,914 (-27.25%)
Adjust time:   After 47 Blocks, About 9.7 hours
Hashrate(?):   7,877,863,283 GH/s
Block Generation Time(?):   
1 block: 12.4 minutes
3 blocks: 37.1 minutes
6 blocks: 1.2 hours
Updated:   14:30 (3.9 minutes ago)

Does it mean that after ~10 hours my Antminer S9 14Th/s will starting to make 17,78TH/s calculations?

Does it mean that I will earning 27% more with the same hardware?

not accurate.  

BUT these  below are after the fact and accurate:


Difficulty History

Date   ------------- Difficulty--------------- Change-------Hash Rate
Nov 24 2017...... 1,347,001,430,559.... -1.28%....... 9,642,211,820 GH/s
Nov 10 2017...... 1,364,422,081,125.... -6.09%....... 9,766,913,694 GH/s
Oct 26 2017 ...... 1,452,839,779,146.... 21.39%....  10,399,832,230 GH/s

this is due to the rise of BCC/BCH


so a 14,000 gh machine

now earns   14,000/9,642,211,820  or    0.0000014519  of the network

vs            14,000/10,399,832,230  or    0.0000013461 of the network

and  coin price jumped to 8600 usd  so you are whaling dude.