Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: fgordillo on July 27, 2015, 07:14:54 AM



Title: Hashing Power Tops 400 PH/s For The First Time
Post by: fgordillo on July 27, 2015, 07:14:54 AM
Does anybody have an answer to why this is happening?


http://www.theblockchaininfo.com/bitcoin-network-hashrate-tops-400phs/



Title: Re: Hashing Power Tops 400 PH/s For The First Time
Post by: TheRealSteve on July 27, 2015, 09:36:52 AM
why, magic of course

it couldn't possibly be because increases in hashing power have been the norm, on average, in a long time, and it's been approaching 400Ph/s for a good while now

nope, 's gotta be 16nm magic.  or 14nm fairies.  3D FinFET SiGe 10nm magic fairies.

http://2.bp.blogspot.com/-5eSacz-MYp8/Va0BemDCQpI/AAAAAAAADS8/NXXQlWfVjuU/s1600/1b_networkhashratePlot_2015-07-21.png (http://organofcorti.blogspot.com/2015/07/july-19th-2015-network-statistics.html)


Title: Re: Hashing Power Tops 400 PH/s For The First Time
Post by: jonnybravo0311 on July 27, 2015, 04:12:24 PM
You forgot the magic gun-wielding cats riding fire-breathing, rainbow-surfing unicorns 7nm chips!  IBM did it, and they must have produced miners from those chips!
https://s-media-cache-ak0.pinimg.com/736x/07/1b/d5/071bd55e56b43aa54021a4ff5b8e9591.jpg
(Thanks to LiteCoinGuy for that image) :)


Title: Re: Hashing Power Tops 400 PH/s For The First Time
Post by: Philipma1957onvacation on July 27, 2015, 10:27:14 PM
And the chips keep coming.


Title: Re: Hashing Power Tops 400 PH/s For The First Time
Post by: alh on July 28, 2015, 05:30:14 PM
You guys have it all wrong. It's the BitFury mining light bulb that's filling in all the hashrate these days. That's why nobody can see, it's so well distributed. Forget those multi-TH miners, it's a hoard of 5GH miners that's doing it........

For OP and others, this and several others are really flippant responses, in case it isn't obvious. I have to hand it to Mr. Bravo, for the most excellent graphic. That needs to be on the package of some vapor-miner.


Title: Re: Hashing Power Tops 400 PH/s For The First Time
Post by: xstr8guy on July 30, 2015, 12:39:00 PM
And the real answer to your question...

Most likely it was just a peak due to variance, i.e. good luck for the entire network. The current estimated (keyword!) hashrate is 374PHs.