We present optical I-band light curves of the gravitationally lensed double
QSO B1600+434 from observations obtained at the Nordic Optical Telescope (
NOT) between 1998 April and 1999 November. The photometry has been performe
d by simultaneous deconvolution of all the data frames, involving a numeric
al lens galaxy model. Four methods have been applied to determine the time
delay between the two QSO components, giving a mean estimate of Deltat = 51
+/- 4 days (95% confidence level). This is the fourth optical time delay e
ver measured. Adopting a Omega = 0.3, Lambda = 0 universe and using the mas
s model of Mailer et al., this time delay estimate yields a Hubble paramete
r of H-0 = 52(-8)(+14) km s(-1) Mpc(-1) (95% confidence level), where the e
rrors include time delay as well as model uncertainties. There are time-dep
endent offsets between the two (appropriately shifted) light curves that in
dicate the presence of external variations due to microlensing.