Bitcoin Mining Difficulty Drops 9% to January Levels ...

The place for all Bitcoin related puzzles!

This is the place for all of your Bitcoin related puzzles and scavenger hunts.
[link]

Masari: Simple Private Money

Masari (MSR) is a scalability-focused, untraceable, secure, and fungible cryptocurrency using the RingCT protocol. Masari is the first CryptoNote coin to develop uncle mining and a fully client side web wallet.
[link]

Bitcoin difficulty level will increase by 16% after 3 hours!

Bitcoin difficulty level will increase by 16% after 3 hours! submitted by BitcoinTR to Bitcoin [link] [comments]

Whats the basic equation for BTC generated per hour when given hashrate and bitcoin difficulty level ?

Making a spreadsheet, I want to break it down to the most basic form. So not considering costs, fees, exchange rates, ..
How to calculate BTC earnings per hour, when given a hashrate and difficulty level ?
So found a equation somewhere but it doesn't work out :
1 Hour in seconds / { difficulty level * ( 232 / Hash rate in GHs ) }
Do I need to consider block reward somewhere ?
submitted by Dr-Maximum to BitcoinMining [link] [comments]

Whats the basic equation for BTC generated per hour when given hashrate and bitcoin difficulty level ? /r/BitcoinMining

Whats the basic equation for BTC generated per hour when given hashrate and bitcoin difficulty level ? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Drops 4.55% and Recovers - Coinbase Will Take IRS to Court Over Consumer Privacy Attack - Bitcoin Difficulty Level Increases by More Than 10%

submitted by cryptocompare to cryptocompare [link] [comments]

Bitcoin difficulty level will increase by 16% after 3 hours!

Bitcoin difficulty level will increase by 16% after 3 hours! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The reference implementation of Bitcoin adjusts the difficulty level every 2016 blocks. Clearly drift concerns is a recent manifestation.

Satoshi had no intention of making the rate of block discovery accurate and you need look no further than the original DAA that adjusts on a 2016 block interval. It was simply designed to govern the rate of reward and limit the term any one miner gets to control the blockchain.
The blockchain is motivated by work based on random draws, where the only throttle is setting the difficulty bar at a level where the blocks are emitted at a statistically predictable target of 10 minutes. The difficulty for the next 2016 blocks is based on the prior 2016 blocks.
A system design based on a statistically governed random draw, where the throttle adjusts every 2 weeks, shows absolutely no needs or concerns for the concept of drift.
Drift correction is trivia at best, or simply the commonplace pitfalls of bikeshedding and perfection paralysis that creep into any engineering project.
submitted by bitmeister to btc [link] [comments]

Bitcoin Mining Difficulty Drops 9% to January Levels

Bitcoin Mining Difficulty Drops 9% to January Levels submitted by MK333666 to Bitcoin [link] [comments]

Bitcoin Mining Difficulty Might Remain At Almost the Same Level

Bitcoin Mining Difficulty Might Remain At Almost the Same Level submitted by TeslaWatt to BitcoinMining [link] [comments]

Bitcoin Mining Difficulty Drops 9% to January Levels

Bitcoin Mining Difficulty Drops 9% to January Levels submitted by Ranzware to BitNewsLive [link] [comments]

Bitcoin [BTC] Mining Difficulty Falls 16% as Bitcoin Price Maintains Depressed Levels

Bitcoin [BTC] Mining Difficulty Falls 16% as Bitcoin Price Maintains Depressed Levels submitted by Tukimoki to CryptoCurrencyTrading [link] [comments]

Bitcoin Difficulty Adjustment Drops to Levels Seen in Early October as Miners (coin generation) Can't Keep Up

Bitcoin Difficulty Adjustment Drops to Levels Seen in Early October as Miners (coin generation) Can't Keep Up submitted by bytetree to Bitcoin [link] [comments]

Bitcoins hashrate & difficulty levels have been on an epic bull run

A year ago on Aug 24 2017, the mining difficulty and hash rate was considered to be off the charts high. The network was battle tested for over 8 years and the hashpower just kept increasing nearly the whole time. 1 year ago the the idea of becoming a profitable miner required a seriously major investment...I recall thinking that "this hash rate rate can't possibly continue to climb at this rate, it MUST be near the max."
3 days ago was Aug 24 2018...a full year later and the Bitcoin mining difficulty increased to 6,727,225,469,722....One year earlier it was 888,171,856,257 you see how many times it doubled in the last year? The predicted increase for the next adjustment is 7.1%!!
Now a 7.1% increase of last years difficulty level is considered a lot, but 7.1% of the current level is like adding 50% to what it was a year ago. That's hard to comprehend it's so high, and this is a bear market, right? Who could be investing so heavily into mining?
The power of this compounding growth is simply incredible....The money going into large mega scale Bitcoin mining is unfathomabley huge...Is there estimates or data regarding how much fiat is being invested into mining? How much fiat is going into R&D of state of the art tiny nanometer ASICs?
If mining hashpower was not a relevant metric for Bitcoin price valuation a year ago, it most certainly is today and is becoming more and more relevant every 2 weeks. We are talking serious investment.
To put this in perspective the last 2 difficulty increases alone, are very near equal to the entire difficulty of the network this time last year!! That's over 8.5 years of Bitcoin mining hashpower growth in just 4 weeks.
Holy F'n Sh1t! Miners and venture capital have been very very busy and surprisingly it's not so overt.
At this rate it will double in 3 months...would that happen in a bear market? To me this is some of the most bullish data available. I also live in Quebec and in the last few months it's become known the miners are here in a big way.
This site is an excellent tool to reference the hashpower and difficulty over time. (There are several good sites, I just like this one) https://bitcoinwisdom.com/bitcoin/difficulty
submitted by Rellim03 to Bitcoin [link] [comments]

I think i solved the Bitcoin transaction problem... but i probly didnt

So I always hear the argument about Bitcoin needs larger block sizes, and the argument against is that they would just keep getting larger and larger. (which actually idk why thats bad)
But anyway what if we made bitcoin's difficulty level instead of 10 minutes to find the hash like 5 minutes and increasingly make it shorter?
submitted by chochochan to BitcoinBeginners [link] [comments]

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time.

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time. #vfarmberaya #weareurbanfarmers #supportyourlocalfarmers #vfarm #urbanfarmers #supportyourlocalfarmers #freshvegetables #freshfruits
submitted by elijahliam58 to u/elijahliam58 [link] [comments]

Bitcoin Difficulty Rate Now Over 14%. At Its Highest Level Since January 2018

Bitcoin Difficulty Rate Now Over 14%. At Its Highest Level Since January 2018 submitted by buraktech to BitcoinMining [link] [comments]

Compile the original Bitcoin SV version 0.1.1 node and get control over your private keys - Beginner’s guide - Difficulty level: 2/5

Compile the original Bitcoin SV version 0.1.1 node and get control over your private keys - Beginner’s guide - Difficulty level: 2/5 submitted by cryptoronny to bitcoincashSV [link] [comments]

Is there a resource to see the "effective" price of bitcoin to miners? (eg. today's $8,000 at the current difficulty level is as profitable as a $6,950 price last week difficulty was 15% easier)

submitted by mrcrypto2 to btc [link] [comments]

Funds are SAFU - Compile the original Bitcoin SV version 0.1.1 node and get control over your private keys - Beginners guide - Difficulty level: 2/5

Funds are SAFU - Compile the original Bitcoin SV version 0.1.1 node and get control over your private keys - Beginners guide - Difficulty level: 2/5 submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time.

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time. #FilesfmLibrary #library #storage #tokensale #blockchain https://library.files.fm/.
submitted by Justinbrenda0 to u/Justinbrenda0 [link] [comments]

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time.

To manage the supply of cryptocurrency, Bitcoin and other blockchain-based cryptocurrencies vary the difficulty level and reduce the quantity of the token reward for mining activity over time. #tokensale #BNOWTokenSale https://bluenote.world/
submitted by GaryCynthia2 to u/GaryCynthia2 [link] [comments]

Bitcoin Difficulty Rate Now Over 14%. At Its Highest Level Since January 2018

Bitcoin Difficulty Rate Now Over 14%. At Its Highest Level Since January 2018 submitted by buraktech to Bitcoin [link] [comments]

Bitcoins hashrate & difficulty levels have been on an epic bull run /r/Bitcoin

Bitcoins hashrate & difficulty levels have been on an epic bull run /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Q&A: What is difficulty targeting? Blockchain/Bitcoin for beginners 9: Bitcoin difficulty, target, BITS - all you need to know BITCOIN MINING DIFFICULTY EXPLAINED IN 10 MINUTES! BITCOIN DIFFICULTY ADJUSTMENT  Satoshi Nakamoto's Wallet  Market Analysis and Bitcoin News WARNING !!! BITCOIN PRICE IN DANGER RIGHT NOW!!! MUST HOLD THIS KEY LEVEL !!!

Bitcoin (BTC) mining difficulty has reached a new record high. It comes after last week’s record high of the hash rate. Bitcoin (BTC) hash rate saw a record increase of +9.89% to slightly over ... Cryptocurrency Difficulty Explained . Bitcoin and other cryptocurrencies that use proof-of-work blockchains are maintained through a process called mining.In this system, miners – computers ... The Bitcoin difficulty chart provides the current Bitcoin difficulty (BTC diff) target as well as a historical data graph visualizing Bitcoin mining difficulty chart values with BTC difficulty adjustments (both increases and decreases) defaulted to today with timeline options of 1 day, 1 week, 1 month, 3 months, 6 months, 1 year, 3 years, and all time 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 ... Network Difficulty A relative measure of how difficult it is to mine a new block for the blockchain. 30 Days 60 Days 180 Days 1 Year 3 Years All Time. Raw Values 7 Day Average 30 Day Average. Linear Scale Logarithmic Scale. More about this chart. Explanation. The difficulty is a measure of how difficult it is to mine a Bitcoin block, or in more technical terms, to find a hash below a given ...

[index] [7955] [1834] [11218] [18819] [35373] [7496] [40590] [21433] [30047] [17872]

Bitcoin Q&A: What is difficulty targeting?

Live Bitcoin Trading With Crypto Trading Robot DeriBot on Deribit DeriBot Alternative channel 932 watching Live now Crypto Mining Difficulty 101 - Everything You Need to Know - Duration: 18:40. He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Bitcoin Mining Difficulty: An Overview - Duration: 4:37. AMBCrypto ... 5 Levels S1 • E4 Blockchain Expert Explains One Concept in 5 Levels of Difficulty WIRED - Duration: 17:50. WIRED ... Bitcoin finding difficulty to break the key structure level. Price rejection at this point can be very fatal. Must watch key area for BTC at the moment. 5 Levels S1 • E4 Blockchain Expert Explains One Concept in 5 Levels of Difficulty WIRED - Duration: 17:50. WIRED 2,587,688 views. 17:50. How Bitcoin mining actually works - What is the ...

#