Difficulty has decreased to 290
The difficulty has decreased for the first time, from 512 (arbitrary defined at the beginning) to 290.
Domains will be easier to get :p
Difficulty has increased to 55882!
Difficulty has increased to 55882!
NamecoinID: id/khal
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
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GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
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- Posts: 67
- Joined: Tue May 10, 2011 12:49 am
- os: linux
- Location: Behind 50 Proxies
Re: Difficulty has decreased to 290
Yea darn, was a little upset to see that, considering I've been throwing 2Ghps at it for the last few days... but at least it's not down to 1
I wonder if bitcoincharts.com will release their difficulty estimation script used for bitcoin, would be nice to know where the difficulty is going for namecoin as well.
I wonder if bitcoincharts.com will release their difficulty estimation script used for bitcoin, would be nice to know where the difficulty is going for namecoin as well.
Re: Difficulty has increased to 590 !
Difficulty is now 590 !
total hashing power has done x 2.
Welcome to new miners :p
total hashing power has done x 2.
Welcome to new miners :p
NamecoinID: id/khal
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
-
- Posts: 67
- Joined: Tue May 10, 2011 12:49 am
- os: linux
- Location: Behind 50 Proxies
Re: Difficulty has increased to 590 !
I predict the higher the difficult of creating bitcoins goes, the more people will switch to generating namecoins.
Re: Difficulty has increased to 590 !
New difficulty 1264 ...
more than doubled from 589 ... this makes them more expensive to acquire by mining therefore price with respect to BTC should reflect the relative difficulty of the two blockchains... or?
Currently BTC diff. = 244139
NMC diff. = 1264
Current Ratio BTC/NMC = 193
Estimated next BTC diff. = 405000
Estimated Ratio BTC/NMC = 320
So 320 to 193 NMC = 1 BTC ... based purely on hashpower to acquire.
more than doubled from 589 ... this makes them more expensive to acquire by mining therefore price with respect to BTC should reflect the relative difficulty of the two blockchains... or?
Currently BTC diff. = 244139
NMC diff. = 1264
Current Ratio BTC/NMC = 193
Estimated next BTC diff. = 405000
Estimated Ratio BTC/NMC = 320
So 320 to 193 NMC = 1 BTC ... based purely on hashpower to acquire.
Re: Difficulty has increased to 1264 !
So which one is best to put your money on BTC or NC?
And what is the current value per name coin?
do we say x / y = z
x = mt gox usd price lets say $7 and y = number of NC you get per BTC in this case lets say 193 then z = 0.036 mtgox usd per name coin
is that right?
And what is the current value per name coin?
do we say x / y = z
x = mt gox usd price lets say $7 and y = number of NC you get per BTC in this case lets say 193 then z = 0.036 mtgox usd per name coin
is that right?
Re: Difficulty has increased to 1264 !
Make that difficulty now 2815 ...
difficulty ratio BTC/NMC now at 154.
Implied price ratio 0.006 BTC = 1 NMC
difficulty ratio BTC/NMC now at 154.
Implied price ratio 0.006 BTC = 1 NMC
Re: Difficulty has increased to 2815 !
First off, Hi all... new here, new miner, though not at it full-time
Gonna have quite a lot of GHash/s added to the mix just from my little group of peeps
At the moment we are able to get 1 BTC per 400 Mhash/s GPU... and that's being generous !
Two or three more difficulty increases like the last few and we'll all become Namecoin miners
Hell yeah, that's what we BTC miners are waiting for... miners at the ready.. scripts/bat files ready go rollgigabytecoin wrote:I predict the higher the difficult of creating bitcoins goes, the more people will switch to generating namecoins.
Gonna have quite a lot of GHash/s added to the mix just from my little group of peeps
At the moment we are able to get 1 BTC per 400 Mhash/s GPU... and that's being generous !
Two or three more difficulty increases like the last few and we'll all become Namecoin miners
That's good to know. It'll be worthwhile using our miners for Namecoin mining, just not yet. BTC is still worth more. But possibly, or more like probably, not for longmoa wrote:Make that difficulty now 2815 ...
difficulty ratio BTC/NMC now at 154.
Implied price ratio 0.006 BTC = 1 NMC
Re: Difficulty has increased to 3767!
New difficulty : 3767.78158122
NamecoinID: id/khal
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
Re: Difficulty has increased to 3767!
There is a topic on Russian bitcoin section where people discovered Namecoin is more profitable and switched to mining it
I've added Namecoin profitability calculation to my chart - http://tvori.info/bitcoin/charts/, and it seems that there is a major mining overkill happening
I've added Namecoin profitability calculation to my chart - http://tvori.info/bitcoin/charts/, and it seems that there is a major mining overkill happening
Bitcoin (and Namecoin) mining profitability - http://tvori.info/bitcoin/charts/