Bitcoin Forum

Bitcoin => Mining => Topic started by: AngelusWebDesign on June 06, 2011, 03:27:55 AM



Title: Total Network hashing approaching 5 Thash/s!
Post by: AngelusWebDesign on June 06, 2011, 03:27:55 AM
I thought it was in the 4.X range -- now I look and it's 4.95 -- and TWELVE blocks/hour all the sudden, when for the longest time it's been in the 8 - 9.5 range.

Did some supercomputer come online to mine Bitcoins?


Title: Re: Total Network hashing approaching 5 Thash/s!
Post by: Genrobo on June 06, 2011, 03:35:59 AM
Yea, sorry, I'll turn my FPGA cluster off


Title: Re: Total Network hashing approaching 5 Thash/s!
Post by: AngelusWebDesign on June 06, 2011, 03:53:34 AM
I *knew* someone was going to throw out a joke along those lines.  :D


Title: Re: Total Network hashing approaching 5 Thash/s!
Post by: yetis on June 06, 2011, 04:05:30 AM
Yesterday i've asked the "Leibniz Rechenzentrum" to lend me some calculation time for 3 days.


Title: Re: Total Network hashing approaching 5 Thash/s!
Post by: bcpokey on June 06, 2011, 04:14:48 AM
I thought it was in the 4.X range -- now I look and it's 4.95 -- and TWELVE blocks/hour all the sudden, when for the longest time it's been in the 8 - 9.5 range.

Did some supercomputer come online to mine Bitcoins?


This is hardly surprising. A few days ago $/BTC was 9, then 10 then 12 then 14, 16 and right now it is 18.


Title: Re: Total Network hashing approaching 5 Thash/s!
Post by: Rodyland on June 06, 2011, 04:24:04 AM
I have to say, if I had a supercomputing cluster ready to mine bitcoins, I wouldn't bring it online in the day or two before a difficulty readjustment.  I'd bring it online in the hours _after_ said adjustment.  And then probably take it offline as soon as the difficulty readjusted to my cluster. 

Of course, that'd probably kill bitcoin, but only eventually.