Quote from: turtle83 on July 22, 2013, 09:01:15 AM

Quote from: Otago on July 22, 2013, 08:37:35 AM

Quote from: dani on July 22, 2013, 08:19:31 AM

Quote from: Otago on July 22, 2013, 08:03:36 AM

Just checked current hash rate (https://blockchain.info/charts/hash-rate).

Was shocked to see rise since July 11^th is more than total capacity beginning of June!

Jumped 110,000 GH/s, since July 11^th

Current Difficulty: 26,162,876 next difficulty(?) 41,577,173 59% rise[/color]

Few of the recently made chips will have made it to assembly lines yet. May more jumps of this quantity (not percentage) are likely.

Hope my October order for new ASIC can achieve ROI. May be unlikely when all manufacturers have shipped their current orders.

where did you pull that number?

http://bitcoindifficulty.com/

says Next difficulty (estimate): 31,387,911

Hash rate 275,719 GH/s (https://blockchain.info/stats) was 297,621GH/s when I looked half an hour ago.

Using formula (https://en.bitcoin.it/wiki/Difficulty) D * 2**32 / 600 = H or Hash rate / 2^32 * 600 = Difficulty

so 275,719GH/s / 2^32 * 600 = 38,517,000

Im quite sure it doesnt use the spot hashrate and is averaged over last 2016 blocks

Your right, it will be the following change when the average increases over the next 2016 blocks.

Thing is, the increase will mean these are solved very quickly way ahead of time. So if we are seeing 275TH/s to 297TH/s before the next set of 2016 blocks what will their average be when they are solved?