Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Phoenix1969
on 25/07/2013, 06:01:08 UTC
mining.thegenesisblock.com

Pick a Jupiter in October, add in hosting fee, change power costs to 0, change pool fee to 1.5%.

There's no way the diff increase is averaging or going to average 60% a month as their default has it.

Yes it has been, it's pretty simple math. Remember, each 2016 blocks are being solved in 11 days or less right now and each increase has been over 20%. Compound that ~3 times per month and 60% appears conservative.
DIFF HISTORY
https://spreadsheets.google.com/pub?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc
last 3 diff changes were 10%, 22%, and 20% approximately 52/3 is 17 % average over the last 30 days...
but setting that aside;
The diff was 19 mil 40 days ago, and is 31 now, which is more than a 50% overall increase over 4 diffchanges overall
If we apply that to the next 40 days, the diff would only be around 47 mil in the beginning of September, and low 70's in December, but that would be a best case scenario. imho  Also remember, as the total hashrate of the cloud grows, it will take more and more units to make the same % diffchange
You were close Smiley