Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: o3u on May 05, 2014, 09:59:51 PM



Title: How much hashrate is going to be delivered over the next two months
Post by: o3u on May 05, 2014, 09:59:51 PM
The latest hashrate estimate on bitcoinwisdom is: 57,527,772 GH/s
and: Estimated Next Difficulty:   8,624,181,349 (+7.79%)

on bitcoindifficulty.com the increase for difficulty predicted is: " Next difficulty (estimate): 8,144,959,615 (+2%)"

This is less than half of what we've been getting bimonthly for the past 11 months, and first single digit increase in a year.

The difficulty predictions are estimates but the hashrate is not increasing nonetheless.

What high efficiency ASICs were to be delivered this month ?
next month?

This summer?

Is there anyone keeping an updated list of predictions in hashrate to be delivered? (perhaps by following the manufacturers posts?)

They may not be correlated, but how do you think this will affect the value of bitcoin? (more people will dump coins? or hold?)


Title: Re: How much hashrate is going to be delivered over the next two months
Post by: GhanaGamboy on May 05, 2014, 10:05:15 PM
I guess just few days bad luck. I do not expect the hashrate increase under 10% in the next two months (maybe 5-10% once just because terrible luck)

But I have no sales numbers, just looking at the graph trend...


Title: Re: How much hashrate is going to be delivered over the next two months
Post by: o3u on May 05, 2014, 11:26:04 PM
https://bitcointalk.org/index.php?topic=387533.0 (https://bitcointalk.org/index.php?topic=387533.0) this is what i was looking for


Title: Re: How much hashrate is going to be delivered over the next two months
Post by: saurabh on May 06, 2014, 05:19:31 AM
The latest hashrate estimate on bitcoinwisdom is: 57,527,772 GH/s
and: Estimated Next Difficulty:   8,624,181,349 (+7.79%)

on bitcoindifficulty.com the increase for difficulty predicted is: " Next difficulty (estimate): 8,144,959,615 (+2%)"

This is less than half of what we've been getting bimonthly for the past 11 months, and first single digit increase in a year.

The difficulty predictions are estimates but the hashrate is not increasing nonetheless.

What high efficiency ASICs were to be delivered this month ?
next month?

This summer?

Is there anyone keeping an updated list of predictions in hashrate to be delivered? (perhaps by following the manufacturers posts?)

They may not be correlated, but how do you think this will affect the value of bitcoin? (more people will dump coins? or hold?)


I believe that the reason why hash rate is not increasing is because high efficiency ASICs  manufacturers who book the pre orders long ago increased the hash rate long ago as well  , now they have made double profits and they are ready to ship the machines hence once delivered buyer would just plug it and start mining but it will not make any difference to the network hash rate because the machines were already mining for  manufacturers.

I am sure that only people who are making big money is Asic manufacturers and early adopters of bitcoins.

People are dumping and holding as well , it depends on your choice..


Title: Re: How much hashrate is going to be delivered over the next two months
Post by: davejh on May 07, 2014, 08:09:33 PM
I believe that the reason why hash rate is not increasing is because high efficiency ASICs  manufacturers who book the pre orders long ago increased the hash rate long ago as well  , now they have made double profits and they are ready to ship the machines hence once delivered buyer would just plug it and start mining but it will not make any difference to the network hash rate because the machines were already mining for  manufacturers.

I am sure that only people who are making big money is Asic manufacturers and early adopters of bitcoins.

People are dumping and holding as well , it depends on your choice..

That doesn't seem to tally with what's showing up in the blockchain stats over the last few days. The peak hashing rate surged to over 90 PH/s yesterday and now seems to be pretty close to 70. The hash rate increases have to slow down this year because we're very close to the limits of the ASIC technologies that are commercially available right now but there's still a lot of margin that can be eroded and that will see rates continue climbing. I doubt we'll see 10x in 4 months anymore but 10x in the next 8 to 12 months seems quite possible.


Title: Re: How much hashrate is going to be delivered over the next two months
Post by: saurabh on May 18, 2014, 06:47:15 PM
I believe that the reason why hash rate is not increasing is because high efficiency ASICs  manufacturers who book the pre orders long ago increased the hash rate long ago as well  , now they have made double profits and they are ready to ship the machines hence once delivered buyer would just plug it and start mining but it will not make any difference to the network hash rate because the machines were already mining for  manufacturers.

I am sure that only people who are making big money is Asic manufacturers and early adopters of bitcoins.

People are dumping and holding as well , it depends on your choice..

That doesn't seem to tally with what's showing up in the blockchain stats over the last few days. The peak hashing rate surged to over 90 PH/s yesterday and now seems to be pretty close to 70. The hash rate increases have to slow down this year because we're very close to the limits of the ASIC technologies that are commercially available right now but there's still a lot of margin that can be eroded and that will see rates continue climbing. I doubt we'll see 10x in 4 months anymore but 10x in the next 8 to 12 months seems quite possible.

Lets see what happens in 8 to 12 months I am looking forward to it, meanwhile i am going to trade some BTC and make some profits.