Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
rizla.plus
on 07/02/2018, 02:39:55 UTC
Learn to read
I am well capable of reading, here’s what was said:
...
To clarify the chart I have is set to have an increase in difficulty at 1% every 18 days. THIS IS AN ESTIMATE. It may drop % a few times. However I have factored in the average increase over the last two years and even the average from the last year.
...

5% preset difficulty every 14 days, thats an avg of 11% monthly, the avg was 7% in 2017. Last year there was some big jumps in difficulty too...
Have you had a look at the curve over the last 2 years: https://data.bitcoinity.org/bitcoin/difficulty/2y?t=l
As HoleShot correctly points out in the previous post, it’s following a logarithmic function.
What you are doing is on this graph, you’re drawing a straight line between the first and last point, you’re then extending that line to predict the future. Surely you can see that the slope of the line you’re drawing is not following the latest trend of the curve.

And like i told you some posts before i dont know what hashrate chart u are looking at. The one im looking at we are back at hashrate lvls of 15 days ago and it keeps going down.
Perhaps this one: https://blockchain.info/charts/hash-rate
or this one: https://bitinfocharts.com/comparison/bitcoin-hashrate.html#1y
or this one: https://www.coinwarz.com/network-hashrate-charts/bitcoin-network-hashrate-chart,
or this one: https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&g=15&t=a
…
Which one are you looking at?

Also nobody expects difficulty to simply go flat
Good.

but to go up in lower numbers than it is raising after the whole craze in December
Not sure why you would expect that, growth rate has always increased.

PD: I dont think anybody is discussing with you that selling a s9 for 5k is much better than mining i sold my order of 6 for 4.5k each
Very wise decision Sir, instant 12k profit :-)