Post
Topic
Board Pools
Re: [10000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB
by
mdude77
on 03/12/2014, 12:46:20 UTC
I find the BitcoinWisdom predictor to be fairly reliable.  It doesn't swing too much.  I don't know what algorithm they use, but it's resistant to at least some of the flaws that I've seen with others.  I think it must use some kind of upward bias where it more heavily weights the most recently seen high-point for hashrate.  This works on an intuitive level because while new mining hardware might be turned on for testing then taken offline while it's shipped out to customers, after a week or two it will tend to turn on and stay on permanently.  So if the network hits a hashrate peak and then drops down, it's a safe bet that it will soon hit that level again.

https://bitcoinwisdom.com/bitcoin/difficulty

Thanks.  I don't like bitcoinwisdom at all.  I always find it to be wrong. Sad

M