Bitcoin Difficulty Einfach erklärt Blockchainwelt

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The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded.

The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded. submitted by castorfromtheva to Bitcoin [link] [comments]

Bitcoin Cash is 616 blocks away from next difficulty adjustment

Next adjustment @Block 479808
Next difficulty change: 250 Blocks away (Aug 17 20:00:03 2017 UTC)
Estimated difficulty change: 40-45%
submitted by german_bitcoiner to btc [link] [comments]

The second 300% difficulty increase for Bitcoin Cash is in 30 blocks. What next? Same as before?

The second hash rate exodus is probably upon us. Like the recent article from Mengerian stated, the EDA will be on for a while so, as long as the market price of Bitcoin Cash is, more or less, above 0.14 BTC and bellow 0.35 BTC these swings can occur.
What would it take to get Bitcoin Cash over 0.35? Any guesses?
submitted by m4ktub1st to btc [link] [comments]

I am very much looking forward to Bitcoin Core's next difficulty adjustment in 1.75 days. My prediction is that 1.) Bitcoin Cash's price will get pumped, 2.) hashrate will flock to it, 3.) Bitcoin Core's block time will go up markedly for 3+ weeks. 4.) Bitcoin Core price will drop.

Let's see how I do on this prediciton over the next week or so.
 
You can see the time left until Bitcoin Core's next difficulty adjustment here:
https://bitcoinwisdom.com/bitcoin/difficulty
 
Also, watch as the hashrate lines potentially cross:
http://fork.lol/pow/hashrateabs
submitted by BitcoinIsTehFuture to btc [link] [comments]

Case for upcoming bull run: Bitcoin is 15 months away from its next block reward halving and BTC's network recently underwent a -25% difficulty adjustment.

Case for upcoming bull run: Bitcoin is 15 months away from its next block reward halving and BTC's network recently underwent a -25% difficulty adjustment. submitted by himadri-saha to CryptoMarkets [link] [comments]

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adjustment

This would make the fork cleaner by presenting less chance for the minority chain to go anywhere.
submitted by BitcoinIsTehFuture to btc [link] [comments]

With block 478582, Bitcoin Cash is now at 26% mining difficulty, where it will likely stay until the next difficulty adjustment in about 1200 blocks

Any miners that were waiting for the difficulty reduction can now start mining BCC. Depending on market prices, it could become more profitable than mining BTC.
Bitcoin Cash would need to be worth more than 26% BTC value to be more profitable, which right now would be about $715. Either way, it's currently a much better deal than it was 6 blocks earlier, when the difficulty was still at 100%.
Source: https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e
First block at new difficulty: https://blockchair.com/bitcoin-cash/block/478582
submitted by arnold2040 to btc [link] [comments]

What block # is the next increase in difficulty? /r/Bitcoin

What block # is the next increase in difficulty? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin Network breaking 200 Billion difficulty on next adjustment. (2016 block average)

submitted by Bitcoin-1 to btc [link] [comments]

What's the block height for the next Bitcoin Cash difficulty change?

submitted by curyous to btc [link] [comments]

Does anyone know what kinda pool reward this is? Thanks so much! (current block reward * no. of mined blocks+tx fees) * hashrate in GH/s * 10^9 / 2^32 * 86,400 / no. of mined blocks before difficulty change * previous difficulty + (no. of mined blocks after difficulty change * next d /r/Bitcoin

Does anyone know what kinda pool reward this is? Thanks so much! (current block reward * no. of mined blocks+tx fees) * hashrate in GH/s * 10^9 / 2^32 * 86,400 / no. of mined blocks before difficulty change * previous difficulty + (no. of mined blocks after difficulty change * next d /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Next Bitcoin difficulty adjustment: 374 Blocks, About 3.2 days

Next Bitcoin difficulty adjustment: 374 Blocks, About 3.2 days submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Cash is 616 blocks away from next difficulty adjustment /r/btc

Bitcoin Cash is 616 blocks away from next difficulty adjustment /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I am very much looking forward to Bitcoin Core's next difficulty adjustment in 1.75 days. My prediction is that 1.) Bitcoin Cash's price will get pumped, 2.) hashrate will flock to it, 3.) Bitcoin Core's block time will go up markedly for 3+ weeks. 4.) Bitcoin Core price will drop. /r/btc

I am very much looking forward to Bitcoin Core's next difficulty adjustment in 1.75 days. My prediction is that 1.) Bitcoin Cash's price will get pumped, 2.) hashrate will flock to it, 3.) Bitcoin Core's block time will go up markedly for 3+ weeks. 4.) Bitcoin Core price will drop. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The second 300% difficulty increase for Bitcoin Cash is in 30 blocks. What next? Same as before? /r/btc

The second 300% difficulty increase for Bitcoin Cash is in 30 blocks. What next? Same as before? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

My favorite thing about the next 2016 block difficulty adjustment for Bitcoin Cash /r/btc

My favorite thing about the next 2016 block difficulty adjustment for Bitcoin Cash /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

With block 478582, Bitcoin Cash is now at 26% mining difficulty, where it will likely stay until the next difficulty adjustment in about 1200 blocks /r/btc

With block 478582, Bitcoin Cash is now at 26% mining difficulty, where it will likely stay until the next difficulty adjustment in about 1200 blocks /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What's the block height for the next Bitcoin Cash difficulty change? /r/btc

What's the block height for the next Bitcoin Cash difficulty change? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adju /r/btc

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adju /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

03-07 03:37 - 'Difficulty adjusts every 2016 blocks. If the 1MB chain only has 25% of its hashpower, that means blocks come out 1/4 as often, which means it takes 4x as long to reach the next adjustment. / So worst case scenario- the 75% f...' by /u/sintaraw removed from /r/Bitcoin within 104-109min

'''
Difficulty adjusts every 2016 blocks. If the 1MB chain only has 25% of its hashpower, that means blocks come out 1/4 as often, which means it takes 4x as long to reach the next adjustment.
So worst case scenario- the 75% fork happens right after an adjustment. At 1/4 rate, it will take two months to reach the next adjustment, during which time the 1MB chain will be at 1/4 transaction capacity (250KB per 10mins). Best case would be if the 75% fork happens about 1.5 weeks into a difficulty period (about 2/3 of the way through). That gives a balance between suffering time until the next difficulty period, and having enough effect that the adjustment is significant. Some smart people have done the math on this, but it still involves at least a month or so of greatly reduced capacity. This of course ignores that the remaining 25% of miners won't keep mining a losing chain out of spite, they will slowly switch to the BU chain. Each time one does, that means more time until another adjustment.
Now let's be honest- if 75% of the miners indicate they plan to switch to BU, the Bitcoin ecosystem WILL follow suit. And by the ecosystem I mean users, nodes, payment providers, and even other miners. The economic majority will be happily running BU, and while I'm sure a few die-hards will stay on Core, I doubt that chain would go anywhere.
'''
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Author: sintaraw
submitted by removalbot to removalbot [link] [comments]

Scalenet and Testnet4 are online and open for business

Over the years, some people have made use of testnet3 to test out scaling performance, and have spammed testnet3 with 32 MB blocks. This has caused testnet3 to get kinda bloated; the blockchain now takes an hour or so to sync, which slows down development. Other people have wanted to do stress testing, but have specifically wanted to avoid inconveniencing other people by spamming testnet3, and have therefore not done so. This slows down development too. To address this issue, I created two new networks: testnet4 and scalenet.
Testnet4 is intended to be a low-volume quick-syncing blockchain which is ideal for testing out new transaction formats or applications. It has a 2 MB default block size limit, and comes with aserti3 parameters that make the difficulty recover quickly to CPU-mineable levels. It should remain easy to sync on a low-end VPS or old laptop.
Scalenet is intended to be a high-volume blockchain which is ideal for spamming and stress testing software. It comes with a 256 MB initial default block size limit, and uses aserti3 parameters that make it more suitable for accurately simulating mainnet mining difficulty (though it retains the 20-minute difficulty rule). In order to prevent storage costs from getting unreasonable for a testnet, scalenet will be reset every 6-12 months by invalidating the block at height 10,001 and adding a new checkpoint. Scalenet is intended to be feasible to run on a mid-range desktop computer with some strain.
Testnet4 and scalenet are now online and essentially complete. The code for both has been merged into BCHN and Electron Cash. Testnet4 has also been successfully synced to by Knuth, Bitcoin Unlimited, and libbitcoincashj. Block explorers for both are available, thanks to Axel Gembe (who runs the code) and sickpig (who wrote the code):
http://tbch4.loping.net:3002/
http://sbch.loping.net:3003/
The testnet4 and scalenet MRs were opened on Aug 19th and Aug 27th, and both were merged on Sep 17th. Scalenet reached height 10,000 on October 3rd.
Testnet4 and Scalenet support are present in the master branch of BCHN, and will be included in the next release of BCHN. Some other software (e.g. Electron Cash) already has support in their latest release, but most is still pending.
See also: https://bitcoincashresearch.org/t/testnet4-and-scalenet/148/7
submitted by jtoomim to btc [link] [comments]

[HALVING MEGATHREAD] Block 630000 has been mined. Mining subsidy is now 6.25 BTC per block. The third Bitcoin Halving is now complete!

As of now, 630,000 blocks have been mined on the Bitcoin network, and the block reward has successfully halved for the second THIRD time. The previous block reward was 12.5 BTC, and the new block reward is now 6.25 BTC. Since the previous halving at Block 420000, monetary inflation decreased from 4.17%% to 3.57%. Block 630000 signals an immediate 50% reduction to 1.79%. The next halving will occur at Block 840000 in approximately four years. Godspeed, Bitcoin!
Here's Block 630000 in all its glory!
{ "hash": "000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96d", "confirmations": "1", "strippedsize": "1186930", "weight": "3993250", "height": "630000", "version": "536870912", "merkleroot": "b191f5f973b9040e81c4f75f99c7e43c92010ba8654718e3dd1a4800851d300d", "tx": "3134", "time": "1589225023", "nonce": "2302182970", "bits": "387021369", "difficulty": "16104807485529", "previousblockhash": "0000000000000000000d656be18bb095db1b23bd797266b0ac3ba720b1962b1e", } 
coinbase transaction: 6.25 BTC + 0.90968084 BTC in fees
block size: 1186.93 KB
transactions: 3134
total bitcoins: 18,375,000
remaining bitcoins: ~2,625,000
previous halving: 3 years 10 months 2 days 2 hours 37 minutes 30 seconds ago
[Monetary Inflation Chart] [Controlled Supply] [Bitcoin Clock]
[blockstream.info] [insight.io] [tradeblock.com] [mempool.space] [btc.com] [blockchain.com]
submitted by BashCo to Bitcoin [link] [comments]

Blockchain/Bitcoin for beginners 6: blocks and mining, content and creation of bitcoin blocks Mining Difficulty - Simply Explained - YouTube What is Crypto Mining Difficulty and How it Impacts YOUR Profits - Explained W/ BTC ZenCash ZEC Bitcoin Q&A: Why Can't Bitcoin Mining Difficulty Adjust a Little Quicker? Bitcoin Q&A: What is difficulty targeting?

Bitcoin's mining difficulty and hashrate surge in tandem. In layman's terms, mining difficulty indicates how hard it is for a computer to produce one block that rewards miners with 6.25 BTC. Bitcoin's mining difficulty adjusts with every 2,016th block. Depending on the speed at which these blocks are mined, this happens roughly once every two ... Bitcoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Bitcoin block and earn the mining reward. As you can see in the Bitcoin difficulty chart above, the Bitcoin Difficulty makes adjustments often. Furthermore, the mining difficulty also keeps the block generation in line ... Das Bitcoin-Netzwerk variiert seine Bitcoin Difficulty aller 2016 Blöcke, um einen konstanten Output zu gewährleisten. Wenn die Hash-Rate des Netzwerks hoch ist und die Zeit, die benötigt wird, um einen neuen Block zu entdecken, weniger als 10 Minuten beträgt, dann erhöht das Netzwerk den Schwierigkeitsgrad proportional, um die Blockerkennungszeit zu erhöhen. Wenn die Blockerkennungszeit ... BitcoinCash mining difficulty determines how difficult it will be to mine the next block and this is why it is referred to as the difficulty of BitcoinCash mining. BitcoinCash difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next BitcoinCash block and earn the mining reward. As you can see in the BitcoinCash difficulty chart ... The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Mining pools also have a pool-specific share difficulty setting a lower limit for shares. How often does the network difficulty change? Every 2016 blocks. What is the formula for difficulty? difficulty = difficulty_1_target / current_target (target is a 256 bit number) difficulty_1_target can be ...

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Blockchain/Bitcoin for beginners 6: blocks and mining, content and creation of bitcoin blocks

In this video we introduce the basic concepts behind how new blocks are created in the Bitcoin blockchain. We start by taking another look at the blockchain.info website to see some sample blocks ... 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. 01:18 Market Update 02:18 BTC Difficulty and Hash Rate Drop 05:01 Satoshi Nakomoto Won't Sell Bitcoin 07:28 eToro Market Analysis 10:59 Paxful in India 13:36 IOST NFT Collectibles and Mystery Box ... Mining Bitcoin or Ethereum is a hard task for your computer. But why? And what does the difficulty have to do with the security of blockchains? Learn all abo... What is crypto mining difficulty, how is it adjusted, what is the point of a block time? Vosk explains how the difficulty for mining a block reward is adjusted when mining Bitcoin on sha-256 or ...

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