Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
stripykitteh
on 05/11/2013, 05:52:26 UTC
I discovered http://bitcoinwisdom.com/bitcoin/calculator some time ago, the charts aren't bad either: http://bitcoinwisdom.com/bitcoin/difficulty.

I reckon their estimate for the next difficulty is too high (537 million, or 37.46% increase). I'm tipping a 27% increase, or ~495 million. The rate of finding blocks has stalled over the last couple of days so I don't see a bumper increase this time. Possibly this is due to most of KnC's first batch being delivered, and there being a temporary lull. It will only be for a short time, though (i.e., it won't be long enough to turn those unprofitable miners back to making ROI).

I think their estimate is completely right. No doubt we will reach 537 for the next jump.
Do you want to bet?  Smiley

BTW, thanks for the info dexX7 I didn't know this website, and looks nice.

I know we never got around to having that bet but it looks like the next increase will be around 31-32%, or 512-516 million. The growth in the last couple of days has been quite anemic. If the KnC gear didn't get patched the difficulty might not have broken 500 million this time.