Quote from: Sukarti on February 25, 2014, 10:49:56 PM

Quote from: kalgecin on February 25, 2014, 05:54:13 PM

Quote from: Sukarti on February 25, 2014, 03:57:23 PM

Quote from: kalgecin on February 25, 2014, 08:40:24 AM

Quote from: Sukarti on February 25, 2014, 03:35:46 AM

Are we looking at another 5-6 days before difficulty drops to a better proportion with hashrate?

That hashrate spike really screws with the difficulty.

what wrong? mining goes on, confirmations take less than the targeted 15 minutes...... All is well as for as the protocol is concerned

Nothings wrong per se.

I was just curious how long it will take difficulty to actually reflect the current hashrate?

For example Feb 13 estimated hashrate was around 65MH/s and difficulty was 10.11 with 17 coins/block. (http://stats.cachecoin.org/charts.)

Today estimated hashrate from getmininginfo is 66MH and a difficulty of 53 with 12.8 coins/block

The difficulty has been dropping 10-12 per day since 500MH/s has dropped from the network.

Block time seems to be around 14.9 minutes in the past 16 hours so that aspect seems correct.

All is well regarding the protocol and network however, the people still mining the coin are "holding the bag" to solve blocks while difficulty adjusts back down for several days to a week. You are basically mining at ~75% the efficiency or less you were prior to the hashrate spike.

Am I incorrect with this data?

If we continually see huge increases in hash once things settle back down I feel like it hurts the long term viability of the coin somewhat.

Take this as an example. There was obviously a huge pump of the coin in terms of hash and difficulty the last few days. There is now around 1 week of less efficient or less profitable mining to be done before we're back to "normal". IF there is another huge pump what is the incentive to stick it out if the coin can be "easily" manipulated with profitability ebbing and flowing.

Isn't the purpose of this coins difficulty calculations to make mining as evenly profitable and fair at all times?

Should the difficulty deltas be adjusted slightly so the difficulty is more responsive to huge spikes in hashrate as well as huge drops hence making it more resilient to pump and dump miners?

How many prior blocks are referenced with calculating next difficulty? Or is there a cap on the net change in difficulty per block if it is recalculated every block.

Is there anywhere more information is available regarding block reward and difficulty adjustments for this coin?

Thanks for taking the time to read and answer.

I'm not trying to bash the coin, I just want to understand how it works under the hood a bit better.

The difficulty is recalculated on every block. Max diff can increase is by ~0.3% but it can drop by any % (according to how long it took the last block to be solved). You can find more info from src Tongue

That's a misleading statement. Like vertoe mentioned difficulty is not recalculated every block. PoW difficulty has been stuck for 6+ hours even though there have been around 12 PoS blocks found.

Only 22 PoW blocks in 24 hours. If difficulty can adjust to any percent when decreasing then why is it dropping so slowly?

There's ~9% of the hashrate (585 vs 55) running from Feb 19 while difficulty remains at 75% from Feb 19 (68.64 vs 51.96)

Not as dynamic as advertised I guess.

The diff is recalculated on every block. But previous blocks are not considered in the equation. I have already explained this.