Difficulty Discussion - Fork Update - Bushstar
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serraz is updating his. serraz kicks ass.
so that’s at least about 10% converted over guaranteed.
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[quote name=“zerodrama” post=“3681” timestamp=“1368625214”]
serraz is updating his. serraz kicks ass.so that’s at least about 10% converted over guaranteed.
[/quote]Thank you for the update, please keep them coming.
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“At block 33,000 the difficulty will be adjusted by 41.4% to help speed up transactions.”
So if I calculated correctly it means next difficulty will be little over 110, right?
If I put that into the calculator I see I won’t be making a lot more than I am mining now. I hope the FTC value will go up after the fork.
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It will update faster which means it will drop again afterwards.
Remember the target is still 2.5 minutes. And at 110 it’s still going to be slower than that. 25 days became 7ish. But it’s not a full drop, so 110 under the old version 25 days / 1.4 = 20 days - 7 * 1.4 (less diff more blocks), so 10 days, but those 10 are now 10 / 4 = 2.5 days. Even then it will still be too high so yet another drop will occur (110 / 1.4 = 70). 10 / 1.4 = 5 days - 2.5 * 1.4 = 1.5 more days after that.
So in short: Still about a week and a half before it settles. Then we rock the house.
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From the 6.5m already mined coins, I wonder who has 1 million? At the current rate that’s 1200 BTC or $130k
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[quote name=“Pathosverdes3” post=“3730” timestamp=“1368632868”]
From the 6.5m already mined coins, I wonder who has 1 million? At the current rate that’s 1200 BTC or $130k
[/quote]I wonder if anyone does actually have 1 million coins. I doubt it but perhaps someone could consult the block chain. Any which way there may be 6 million coins out there but there are 330 million still to go.
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Certainly not me. I keep having to buy more coins to give them out. :)
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[quote name=“Bushstar” post=“3737” timestamp=“1368634033”]
I wonder if anyone does actually have 1 million coins. I doubt it but perhaps someone could consult the block chain. Any which way there may be 6 million coins out there but there are 330 million still to go.
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I PMed you the details, take a look if you have a min. I am not a programmer i only see the address balance.Edit: i thought I did but it’s not in the Sent messages. Not sure PM works on the forum? I don’t know if the info should be made public. PM me and i will send you the address.
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[quote name=“Pathosverdes3” post=“3741” timestamp=“1368634419”]
[quote author=Bushstar link=topic=363.msg3737#msg3737 date=1368634033]
I wonder if anyone does actually have 1 million coins. I doubt it but perhaps someone could consult the block chain. Any which way there may be 6 million coins out there but there are 330 million still to go.
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I PMed you the details, take a look if you have a min. I am not a programmer i only see the address balance.Edit: i thought I did but it’s not in the Sent messages. Not sure PM works on the forum? I don’t know if the info should be made public. PM me and i will send you the address.
[/quote]It does not save out going messages by default. Either tick the save message check box in additional options when sending or change the default in your profile.
I’ve found the transaction for the address you sent me in your message.
I would say that is BTC-e either storing or just moving balances around. You can see there are lots of different source wallets. BTC-e has 1 million in sell orders alone and this being their wallet I think is most likely.
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Great, thanks for clarifying.
