Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: organofcorti on May 14, 2013, 02:33:30 PM



Title: Lots of new GPU miners since January
Post by: organofcorti on May 14, 2013, 02:33:30 PM
I just posted an update to the two previous Miner hashrate posts, 12.1 The pre-ASIC network hashrate distribution (http://organofcorti.blogspot.com/2013/04/121-pre-asic-network-hashrate.html) and 12.2 Pool and network miner hashrate distributions (http://organofcorti.blogspot.com/2013/05/122-pool-and-network-miner-hashrate_3.html). I've added a couple of charts and a table, showing how various hashrate user accounts have changed over time.

I thought the most interesting result was the fact that even the number of low hashrate user accounts has increased significantly:

  • 0.1 Ghps bin has increased by a total of 330 Ghps
  • 1 Ghps bin has increased by a total of 3000 Ghps
  • 10 Ghps bin has increased by a total of 2700 Ghps
  • 100 Ghps bin has increased by a total of is 13000 Ghps
  • 1000 Ghps bin has increased by a total of is 18800 Ghps
  • 10000 Ghps bin has increased by a total of is 29000 Ghps 

http://organofcorti.blogspot.com/2013/05/123-miner-hashrate-distributions-14th.html

http://1.bp.blogspot.com/-BUZolX8-TTM/UZI83zNIGqI/AAAAAAAAIAs/hBikodPGa48/s1600/npw12.3.hist.preVpost.2013-05-14.png (http://organofcorti.blogspot.com/2013/05/123-miner-hashrate-distributions-14th.html)

http://4.bp.blogspot.com/-scmxZ_NjOvM/UZI83_PZhKI/AAAAAAAAIAo/rbF2Y_q-4qs/s1600/npw12.3.cumHashrate.2013-05-14.png (http://organofcorti.blogspot.com/2013/05/123-miner-hashrate-distributions-14th.html)

http://1.bp.blogspot.com/-JFfFk3bMipw/UZI9RYb1pUI/AAAAAAAAIA4/2kxi86u_XAE/s1600/hist.table.2013-05-14.png (http://organofcorti.blogspot.com/2013/05/123-miner-hashrate-distributions-14th.html)


Title: Re: Lots of new GPU miners since January
Post by: KS on May 14, 2013, 04:26:55 PM
The BTC at 260 sure created a few "jobs".

I'd be interested to have a look back in a month or so when the BTC price will have stabilized, see if they're still mining with the increased difficulty.

Do you think there is a way to find out after how long they might drop out?


Title: Re: Lots of new GPU miners since January
Post by: slakeco on May 16, 2013, 03:28:59 AM
Thanks for your ongoing insight. I enjoy reading your blog very much.