Bitcoin Forum

Bitcoin => Mining => Topic started by: smoothie on October 13, 2013, 10:26:35 AM



Title: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: smoothie on October 13, 2013, 10:26:35 AM
http://blockchain.info/charts/hash-rate

Wow  :o


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: Zeek_W on October 13, 2013, 11:21:27 AM
whoops, I forgot I still had that toaster turned on :P


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: fattypig on October 13, 2013, 12:47:20 PM
Its going to broke 3 PH/s in no time, and then 4 PH/S and then 1000 PH/s


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: polarhei on October 13, 2013, 02:12:36 PM
Here is the craze beginning.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: cowandtea on October 13, 2013, 02:32:59 PM
Sooner or later, they will be producing ASIC by the PH/s....


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: giantdragon on October 13, 2013, 02:57:53 PM
Sooner or later, they will be producing ASIC by the PH/s....
Of course if Moore's law will continue for a long time, which is very unlikely...


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: Wipeout2097 on October 13, 2013, 03:13:40 PM
This reminds me of the day when I was *this* close to pre-order a Japaleno


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: danhu on October 13, 2013, 08:36:35 PM
it will hit 3 PH soon  :(


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: odolvlobo on October 13, 2013, 09:18:39 PM
The pace at which it's increasing is becoming insane :O

It has been surprisingly consistent at about 75% per month since ASICs first hit in February.

I expect this to continue for several more months until these two issues cause the rate to fall:
1. Equipment costs will limit the demand for new mining equipment.
2. Power costs will limit the life of a miner.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: viriat0 on October 13, 2013, 09:19:31 PM
3PH Soon!! Argh no mining!! :D


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: Liquid on October 14, 2013, 02:33:08 AM
Exabyte , 1 billion gigabytes


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: vindimy on October 14, 2013, 02:48:50 AM
The exact number is 2097152 GH = 2 PH.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: odolvlobo on October 14, 2013, 06:13:36 AM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: vindimy on October 14, 2013, 06:15:50 AM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.

I am saying that 2 PH equals to exactly 2097152 GH, for those interested to capture exact moment.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: Rannasha on October 14, 2013, 06:23:25 AM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.

I am saying that 2 PH equals to exactly 2097152 GH, for those interested to capture exact moment.

It does not.

2 PH = 2000 TH = 2000000 GH = 2000000000 MH = etc... You get the idea.

Lets not propagate the sillyness of the computer-storage world where standard metric quantities are mutilated to the nearest power of 2. It's all neat powers of 10 in the SI unit system, like it's supposed to be.


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: Wipeout2097 on October 14, 2013, 01:06:51 PM
What a crazy arms race! It can't go on forever like this...


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: niothor on October 14, 2013, 01:46:14 PM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.

I am saying that 2 PH equals to exactly 2097152 GH, for those interested to capture exact moment.

And one kilometer equals 1024 meters and 1 kilogram 1024 grams.  ;D


Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: lucita777 on October 14, 2013, 05:02:11 PM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.

I am saying that 2 PH equals to exactly 2097152 GH, for those interested to capture exact moment.

It does not.

2 PH = 2000 TH = 2000000 GH = 2000000000 MH = etc... You get the idea.

Lets not propagate the sillyness of the computer-storage world where standard metric quantities are mutilated to the nearest power of 2. It's all neat powers of 10 in the SI unit system, like it's supposed to be.

Computer Science deals often with powers of 2. Same a s bitcoin.

Let's see that sillyness below:

If you use power of 2 then:
4GH/s produces 1 shares per second.
1TH/s produces 1 share of difficulty 8 per second.

In base of 10 you have:
4HG/s = 4,000,000,000 H/s would produces 0.931322574615478515625 shares per second
1TH/s would produce 0.9094947017729282379150390625 shares of diffuculty per second.
etc.

You get the idea.



Title: Re: Wow Mining hashrate just broke 2 PH/s according to Blockchain.info
Post by: vindimy on October 14, 2013, 05:19:32 PM
The exact number is 2097152 GH = 2 PH.

There is no exact number, just estimates.

I am saying that 2 PH equals to exactly 2097152 GH, for those interested to capture exact moment.

It does not.

2 PH = 2000 TH = 2000000 GH = 2000000000 MH = etc... You get the idea.

Lets not propagate the sillyness of the computer-storage world where standard metric quantities are mutilated to the nearest power of 2. It's all neat powers of 10 in the SI unit system, like it's supposed to be.

The convention is to use capital letter to represent base-2 and small letter to represent base-10.

So, k is 10^3 and K is 2^10, etc.

If you want to use SI unit system then start writing it down as gH, tH, pH, etc.

If you don't like that "sillyness" because you have to use base-2 instead of base-10, go ahead and design your own computer that operates in base-10 ;)