Bitcoin Difficulty Chart CoinWarz

HashFlare.io Cloud Mining

/HashFlareCloudMining/ Subreddit for HashFlare.io users.
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Coin Brief: Your Open Source for Bitcoin and Digital Currency News

This is a subreddit dedicated to Coin Brief. Please, feel free to ask us any questions, submit anything we may find useful, or just discuss our service!
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hashflare

Discussion based on cloud mining specifically using HashFlare.
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Bitcoin difficulty calculations (x-post /r/askcomputerscience)

Hi, I've been reading up on Hashcash and the precursors to Bitcoin's proof-of-work system. One thing that I'm having trouble finding is the relationship between calculated difficulty and hash function bit digests.
To use MD5 as an example: it has a 128 bit output. Theoretically each of these bits has a 50% chance of being 1 or 0; therefore, the odds of a given output having some k leading bits set to 0 is 1/2k. Is this correct, or am I missing something fundamental about the way this works?
Also, I know that MD5 is broken, but this is assuming the pseudo-randomness of crypto hash functions is working as intended.
submitted by sexPekes to Bitcoin [link] [comments]

Profitability Calculations with regard to increasing difficulty. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

The Antminer s9 is already obsolete.

Using the Wisdom Bitcoin difficulty calculator, I put in the specs of 1 s9, and assumed the us average of .10 cents per kilowatt hour, and 2% slushpool fee. On even optimistic assumptions, it shows that by Feb. 2018, you are already will be loosing money.
I've attached screenshots here, if you don't want to do the math yourself.
https://imgur.com/a/80GID
On the second screenshot, we see that assuming even zero electricity cost, and zero startup cost, that by Jan or Feb 2018, your S9 will only be making 80$ a month or less.
Lets assume you buy 1 s9 and set it up for 1300$ (0.24BTC) (extremely optimistic), and then run it somewhere with free electricity. IT WILL NEVER MAKE YOU BACK YOUR ROI. You can see from the chart it maxes out at 0.203, that is all you will ever make. Even if bitcoin price rises and you covered your ROI, you would have made twice as much just holding 1300$ in BTC to begin with.
Because of this, I dont understand how all batches of s9's are sold out at bitmains website. I know people who just bought 5 of them in the last order.
What is their reasoning? How do you think this is viable? I would love to be proved wrong.
submitted by senile_robot to BitcoinMining [link] [comments]

Bitcoin Difficulty Ribbon Calculation For Future Price Prediction

Bitcoin Difficulty Ribbon Calculation For Future Price Prediction
We may notice that the second 2-year cycle (6500%) is at 38% of the first 2-year cycle (16982%). Therefore if this pattern continues, we might see another parabolic increase which could again be expressed as 38% of the last cycle, which would translate into 2470%. escalation. If we choose variable x to be 3933 dollars and we know it will experience shift in price by whopping 2470%, then that means that the price could potentially reach… Well, you do the math :)
https://preview.redd.it/916edpwtz4n31.png?width=768&format=png&auto=webp&s=d34dc8a04ac9528bafbd7444b68cd66910db7a93
submitted by TheAnchor_io to Bitcoin [link] [comments]

Bitcoin Calculator Difficulty – Bitcoin Mining On Aws

Bitcoin Calculator Difficulty – Bitcoin Mining On Aws submitted by ososru to Bitcoin4free [link] [comments]

Bitcoin Calculator Difficulty – Bitcoin Mining On Aws

Bitcoin Calculator Difficulty – Bitcoin Mining On Aws submitted by Rufflenator to 3bitcoins [link] [comments]

How is the bitcoin mining difficulty calculated?

How is the bitcoin mining difficulty calculated? submitted by Maximus020202 to Bitcoin [link] [comments]

How can I accurately curve the Bitcoin mining calculator to account for difficulty increase?

Lets say I buy one antminer s9, and run it somewhere I can get free electricity. A typical bitcoin mining profitability calculator will say that at 1300watts, I'll make around 500$ a month. Thats a projected 6k per year which is an amazing ROI, but I want to know how I can accurately account for increasing difficulty costs.
I know that we can never fully predict the fluctuation of bitcoin prices and mining costs, but I want to hear from people who have been in the game a while, what they think. When does mining difficulty increase to a point where the s9 is no longer viable with a typical american electricity cost of 8cents per kilowatt hour? When is it no longer viable for hobbyists at all?
submitted by senile_robot to BitcoinMining [link] [comments]

New Bitcoin Mining Calculator - Estimated Future Difficulty taken into account

submitted by phirex to Bitcoin [link] [comments]

New Bitcoin mining calculator takes future difficulties increase into account - and more.

submitted by phirex to BitcoinMining [link] [comments]

Question about mining profitability vs calculators and difficulty increases. /r/Bitcoin

Question about mining profitability vs calculators and difficulty increases. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: I made an upgraded calculator for Hashflare, with reinvestments and difficulty increase! /r/hashflare

Bitcoin mentioned around Reddit: I made an upgraded calculator for Hashflare, with reinvestments and difficulty increase! /hashflare submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How can I accurately curve the Bitcoin mining calculator to account for difficulty increase? /r/BitcoinMining

How can I accurately curve the Bitcoin mining calculator to account for difficulty increase? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Someone on bitcointalk posted a really nice mining calculator site which accounts for difficulty changes. It's the only one like this I've found. /r/EtherMining

Bitcoin mentioned around Reddit: Someone on bitcointalk posted a really nice mining calculator site which accounts for difficulty changes. It's the only one like this I've found. /EtherMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitnodes counts altcoin nodes (ABC) as Bitcoin nodes (ABC has lowered the difficulty "by hand" instead of every 2016 blocks) while they must exclude them in their Bitcoin transaction fee calculation: double standards?

Bitnodes counts altcoin nodes (ABC) as Bitcoin nodes (ABC has lowered the difficulty submitted by sumBTC to Bitcoin [link] [comments]

How does the difficulty get calculated and spread? /r/Bitcoin

How does the difficulty get calculated and spread? /Bitcoin submitted by SimilarAdvantage to BitcoinAll [link] [comments]

What does /r/Bitcoin think of the mining calculator I just made? It calculates changes in difficulty for more accurate revenue estimates.

What does /Bitcoin think of the mining calculator I just made? It calculates changes in difficulty for more accurate revenue estimates. submitted by top_bottom_top to Bitcoin [link] [comments]

Yet another Bitcoin and Litecoin Mining Calculator (accounts for variable difficulty and hashrate)

Yet another Bitcoin and Litecoin Mining Calculator (accounts for variable difficulty and hashrate) submitted by lastgen to truelitecoin [link] [comments]

Bitnodes counts altcoin nodes (ABC) as Bitcoin nodes (ABC has lowered the difficulty "by hand" instead of every 2016 blocks) while they must exclude them in their Bitcoin transaction fee calculation: double standards?

Bitnodes counts altcoin nodes (ABC) as Bitcoin nodes (ABC has lowered the difficulty submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Need help understanding the math behind calculating output given current difficulty and hash rate of miner /r/Bitcoin

Need help understanding the math behind calculating output given current difficulty and hash rate of miner /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

08-25 05:02 - 'c34d6b0e7d4f724b98569170cd0d14b03a4339e3c99deb5d237dc783d7c05506, thank you Bitcoin Cash, for your easily exploited difficulty calculation' (self.Bitcoin) by /u/Amperture removed from /r/Bitcoin within 0-10min

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c34d6b0e7d4f724b98569170cd0d14b03a4339e3c99deb5d237dc783d7c05506, thank you Bitcoin Cash, for your easily exploited difficulty calculation
Go1dfish undelete link
unreddit undelete link
Author: Amperture
submitted by removalbot to removalbot [link] [comments]

c34d6b0e7d4f724b98569170cd0d14b03a4339e3c99deb5d237dc783d7c05506, thank you Bitcoin Cash, for your easily exploited difficulty calculation /r/Bitcoin

c34d6b0e7d4f724b98569170cd0d14b03a4339e3c99deb5d237dc783d7c05506, thank you Bitcoin Cash, for your easily exploited difficulty calculation /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How To Calculate Bitcoin Mining Profitability - Innosilicon T3 57TH BTC Miner Profitability How to Calculate Bitcoin Difficulty What is bitcoin difficulty? Bitcoin mining profit calculator can you mine bitcoin - bitcoin mining calculator difficulty increase - asic miner for bitcoin

Bitcoin difficulty is an estimate about how difficult it is to mine (find) a new bitcoin block. Bitcoin mining has two main purposes. One is adding transactions to the bitcoin block chain. The other purpose is to create new bitcoins. 3. Conclusion: A Bitcoin Mining Calculator Predicts the Future. To conclude, a Bitcoin mining calculator can give you a much better idea about your potential to run a profitable mining operation. Remember, however, that some factors such as Bitcoin’s price and mining difficulty, change every day and can have dramatic effects on profitability ... Bitcoin Difficulty Estimator (by /u/archaeal) Come chat with us in our new Telegram group! (page refreshes automatically) (all times local) copy stats to clipboard. FUN FACT: Due to a longstanding bug in the Bitcoin source code, the time spent mining the first block in each difficulty epoch actually has no effect on the next difficulty calculation. Even if this block somehow took an entire ... difficulty_1_target can be different for various ways to measure difficulty. Traditionally, it represents a hash where the leading 32 bits are zero and the rest are one (this is known as "pool difficulty" or "pdiff"). The Bitcoin protocol represents targets as a custom floating point type with limited precision; as a result, Bitcoin clients often approximate difficulty based on this (this is ... Bitcoin difficulty is a value used to show how hard is it to find a hash that will be lower than target defined by system. Bitcoin mining difficulty is changed every 2016 blocks. The difficulty charts show that it has increased significantly.

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How To Calculate Bitcoin Mining Profitability - Innosilicon T3 57TH BTC Miner Profitability

How to calculate bitcoin mining profitability. Innosilicon T3 57TH BTC miner profitability. Learn how to mine bitcoins in 2020 with warrior mining. Start mining bitcoins in our btc mining farm ... This usually relates to the difficulty of generating a new hash address, also known as mining. This is a variable that the Bitcoin system is using to keep the growth of new Bitcoins on a ... Why does Bitcoin have a "difficulty" and what does this difficulty represent? How is this number calculated and why is it important? In this video, shot in the Wynwood art district of Miami, I ... bitcoins Genrator tool No Cost Verified live https://twitter.com/imcodingmaster/status/970154530053570560 The Way to Buy BitFunPlay Bit Coin Games BitFunPlay... bitcoin cloud mining calculator current bitcoin difficulty litecoin mining calculator x11 mining calculator hash rate calculator gpu hashing power calculator # ...

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