(context post by FreeMoney)
I’ve been running two laptops. One does 1280k/sec and the other 580. The 580 found one first. It does run 24/7 though and I make my faster one stop when I do other stuff.
Oh, I keep hearing that there should be 6 blocks an hour, but it seems more like 80. And didn’t the difficult just rest? So shouldn’t it be close to the goal? I must have some misunderstanding.
Quote from: FreeMoney on July 16, 2010, 09:26:02 AM
Oh, I keep hearing that there should be 6 blocks an hour, but it seems more like 80. And didn’t the difficult just rest? So shouldn’t it be close to the goal? I must have some misunderstanding.
Difficulty only adjusts every 2016 blocks.
The amount of processor power being applied is increasing faster than the difficulty is adjusting so we’re getting about 27 blocks per hour at the moment.
There will be a big difficulty jump later today when we hit 68,544 blocks.
I think of my machines running bitcoin as slot machines. I put in CPU time and energy costs in at a regular rate, and once in a while I get money back. If I’m to treat bitcoin as part of a business, then I need to be able to calculate my expected return on investment, just as a casino owner needs to be able to calculate how much money she’s making off of her slot machines. I know that the bitcoin generation difficulty will stabilize at some point in the future, but at this point it would be useful to me to be able to calculate my ROI quickly and easily.
So, if nobody else is going to do it, I’ll probably make a patch for this. Bitcoin donations appreciated, of course, and would help motivate me to make it available quickly. Smiley
Many businesses are like that. For a car salesman, when will the next customer walk in the door?
On the OP’s question, it’s a good feature, but the question is, how would we word it so people don’t expect to get something after that specific amount of time? “it said 7 days and I waited more than a week and didn’t get anything!” Approx, average, but still they’re going to think that way. It can’t be a whole sentence, unless we think of somewhere else to put it, but where would that be? Suggestions?
The difficulty quadrupled a few minutes ago to 181.54. It’s going to take typically about a week to generate now.