Next Difficulty is 99.93, This is good news for you ?
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Next Difficulty is 99.93. From the first time after September . This is good news for you ? ;)
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Well if nothing else it will make mining much more profitable. :-)
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When does this kick in? And how do you know this? Sorry, newbie here!
Cheeers
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Cool many thanks for that, it looks like the next difficulty is “108.15892049366”, not sure where lizhi got the 99.93 from?
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The estimate changes overtime depending on how fast the blocks are being found. I guess some more miners joined the fun and sped things up. :)
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Ah okay, thanks for the calcification.
I noticed how it fluctuates, but mostly in the upwards direction of course. Surprised it could even go down tbh.
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[quote name=“d2” post=“34706” timestamp=“1384737832”]
[quote author=mattmct link=topic=4456.msg34703#msg34703 date=1384735415]
Ah okay, thanks for the calcification.I noticed how it fluctuates, but mostly in the upwards direction of course. Surprised it could even go down tbh.
[/quote]It goes up and down because it’s relying on the last X number of blocks solved and how long it took to solve them where X = number of blocks between re-targets. As hash rate increases, blocks are solved faster and the next difficulty will rise to accommodate. The inverse happens when hash rate drops and blocks are solved slower.
[/quote]Excellent, many thanks for the clarification. Also, I checked out your pool, it looks good. My rig equipment is coming on Tuesday, 2x 7950. I might hop along.
Cheers.
