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Bitcoin => Bitcoin Discussion => Topic started by: Pieter Wuille on January 28, 2011, 05:38:20 PM



Title: Graphs of the total hashing speed
Post by: Pieter Wuille on January 28, 2011, 05:38:20 PM
Hello everyone,

i've created some graphs showing the total hashing speed of the bitcoin network, and its growth:

http://bitcoin.sipa.be/speed-small.png

http://bitcoin.sipa.be/growth-small.png

Larger versions can be found on http://bitcoin.sipa.be/speed.png (http://bitcoin.sipa.be/speed.png) and http://bitcoin.sipa.be/growth.png (http://bitcoin.sipa.be/growth.png).


Title: Re: Graphs of the total hashing speed
Post by: fabianhjr on January 28, 2011, 07:53:29 PM
Something to note is that the first graph is a parabole and therby exponential. :P

If you look it as a parabole we are already past the slow increment towrds a huge one. GHashes estimated at 170 for today. Keep mining. ;)


Title: Re: Graphs of the total hashing speed
Post by: Pieter Wuille on January 29, 2011, 06:29:36 PM
Something to note is that the first graph is a parabole and therby exponential. :P

If you look it as a parabole we are already past the slow increment towrds a huge one. GHashes estimated at 170 for today. Keep mining. ;)

Not sure what you mean. A straight line on the graph would correspond to exponential growth. The only thing I notice is that the growth seems to be slowing down. My current estimate is indeed also around 170GHash/s.


Title: Re: Graphs of the total hashing speed
Post by: fabianhjr on January 29, 2011, 07:09:48 PM
Wait no I know the name. The first graph is in log scale. So it goes 0.1 -> 1 -> 10 -> etc in the form of 10**n


Title: Re: Graphs of the total hashing speed
Post by: jib on January 29, 2011, 11:02:21 PM
I'm not surprised that it's slowing down. A lot of the growth in hashing (at least 10x, maybe closer to 100x) was caused by the transition from slow CPU miners to SSE and GPU miners. Now that transition's gone as far as it can go (CPU mining is essentially worthless). Future growth will come from actual growth of the Bitcoin economy, and from Moore's Law.


Title: Re: Graphs of the total hashing speed
Post by: John Tobey on August 13, 2011, 03:19:38 AM
Peter, these graphs are great.  Would you mind making them for alternate chains such as Namecoin or releasing your code so that others may do so?  I can provide a /q/nethash or similar API if that's what you used.


Title: Re: Graphs of the total hashing speed
Post by: Dansker on August 13, 2011, 07:06:38 AM
Do these graphs update?


Title: Re: Graphs of the total hashing speed
Post by: DonnyCMU on August 13, 2011, 12:22:04 PM
Can you overlay a BTC price onto the graph? I think there'll be some good correlation.


Title: Re: Graphs of the total hashing speed
Post by: phelix on August 13, 2011, 12:30:04 PM
Can you overlay a BTC price onto the graph? I think there'll be some good correlation.
you may want to take a look at my site: http://bitcoinx.com/charts (http://bitcoinx.com/charts)  ;)