In fact the difficulty is likely to decrease or remain about the same for the next period since the network hash rate is well behind the curve.
I don't run my 7950s at stock; they can reach that level of power consumption and hash rate at around .963v, 925 MHz core, 1250 MHz memory.Even a stock non-OC 7950 won't be pulling 170W mining, gaming sure, not mining.
I don't run my 7950s at stock; they can reach that level of power consumption and hash rate at around .963v, 925 MHz core, 1250 MHz memory.
Certainly most people are trying to hit 600+ on their 7950s which will require high power use, but I choose to optimize more on hash rate per watt.
You have a golden sample that undervolts and OC at the same time, its not a valid comparison to the most cards on the market.
I have dozens of these 7950s and 7970s ranging from Gigabytes, MSIs, Asuses and (mostly) Powercolors.You have a golden sample that undervolts and OC at the same time, its not a valid comparison to the most cards on the market.
You have a golden sample that undervolts and OC at the same time, its not a valid comparison to the most cards on the market.
Both my HIS 7950 X2 cards can mine at 0.975v 950/1250 MHz. Keeps the cards cool and noise way down. Don't know why default voltage is 1.25v?!!
Close, but not exactly
The difficulty is adjusted every 2016 blocks based on the time it took to find the previous 2016 blocks.
At the desired rate of one block every 2.5 minutes, 2016 blocks would take exactly 3.5 days to find.
If the previous 2016 blocks took more than 3.5 days to find, the difficulty is reduced.
If they took less than 3.5 days, the difficulty is increased.
The change in difficulty is in proportion to the amount of time over or under 3.5 days the previous 2016 blocks took to find
https://litecoin.info/Difficulty
In fact the difficulty is likely to decrease or remain about the same for the next period since the network hash rate is well behind the curve.
Nope. Hashrate is still above currently difficulty so when difficulty resets again in 2.2 days, difficulty will be higher than it is now, though the rate of growth has slowed down over the last day or two, maybe because winter weather has delayed a lot of shipments. I would expect difficulty to continue to explode for the foreseeable future.
OK - so what I've taken from this conversation thus far is that difficulty doesn't matter to the miner because blocks are still found at consistent rates.
Difficulty doesn't matter in the context of blocks shrinking either because they're going to shrink regardless of what the difficulty is at the point where a certain number of blocks have been found.
So, difficulty doesn't matter in any way to the miner.
OK - so what I've taken from this conversation thus far is that difficulty doesn't matter to the miner because blocks are still found at consistent rates.
Difficulty doesn't matter in the context of blocks shrinking either because they're going to shrink regardless of what the difficulty is at the point where a certain number of blocks have been found.
So, difficulty doesn't matter in any way to the miner.
I'll be back... in 2.2 days.
NO!!!
Difficulty matters, think of it this way: Bitcoin is like a raffle where every 10 minutes on average, the raffle awards a $25 prize. The prize remains fixed at $25 no matter how many tickets are sold. If only one person buys a raffle ticket for $1, they win $25 and the profit is $24 after accounting for the cost of one ticket. If 2 people buy, they have 50/50 chance each of winning so the expected return is only $12.50 minus $1 for the ticket = $11.50. Etc. Difficulty is like the number of raffle tickets sold. If millions of raffle tickets are sold, then each ticket has a very small chance of winning the prize.
Same story for virtually every other cryptocurrency, it's artificial scarcity built into the software itself. Ironically everybody would be better off if they could agree to stop the arms race and simply take turns buying one ticket every 10 minutes, but that isn't realistic. So everybody pays for more and more raffle tickets (more and more mining equipment) until there is no profit left.