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Bitcoin => Bitcoin Discussion => Topic started by: S4VV4S on June 17, 2014, 10:28:05 PM



Title: WTF? Are they playing with us? GHash.io hashrate
Post by: S4VV4S on June 17, 2014, 10:28:05 PM
OK,

so we had a 51% hashrate the other day belonging to GHash and their hashrate was at 40PH +/- 3
which is exactly what they have now.

So what happened?
PHs appeared out of the blue everywhere so 40PH+ is only 32% now?

That doesn't make sense....


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: DooMAD on June 17, 2014, 10:45:21 PM
Overall, the hash rate is increasing pretty quickly at the moment.  We only passed 100 PH/s a few days ago and are already pushing 120 (https://blockchain.info/charts/hash-rate).  Maybe miners buying new or extra hardware just happen to be using other pools?  Difficult to say for sure what the cause is, but the effect is welcome either way.


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: S4VV4S on June 17, 2014, 10:48:52 PM
Overall, the hash rate is increasing pretty quickly at the moment.  We only passed 100 PH/s a few days ago and are already pushing 120 (https://blockchain.info/charts/hash-rate).  Maybe miners buying new or extra hardware just happen to be using other pools?  Difficult to say for sure what the cause is, but the effect is welcome either way.

It doesn't worry you that 20PH just pop up in just a couple of days?


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: d57heinz on June 17, 2014, 10:53:15 PM
I think I know were its from   .. Discus fish nailin blocks all day today.. several in a row...  multiple times today and yesterday..:/


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: MrGreenHat on June 17, 2014, 10:53:54 PM
It sure as hell worries me about a high increase in difficulty


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: S4VV4S on June 17, 2014, 10:55:32 PM
It sure as hell worries me about a high increase in difficulty

Tell me about it....
I will have to switch off my miners soon since they will become obsolete  :-[


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: TheJuice on June 17, 2014, 11:03:14 PM
It sure as hell worries me about a high increase in difficulty

Tell me about it....
I will have to switch off my miners soon since they will become obsolete  :-[

SOLOMINE for the win. I know I'm going to get lucky :)


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: d57heinz on June 17, 2014, 11:10:36 PM
Also has anyone received the spoodolies tech miners yet??  if those came online ughhhh..  soon my 8.5 ths gonn a be a laughable amount and I hoped that it wasn't a month down the road :-[

Scary times for the miners... id hoped that the sellin out of the s1 from bitmain would slow things down a bit. But that not happening..


Title: Re: WTF? Are they playing with us? GHash.io hashrate
Post by: DooMAD on June 17, 2014, 11:11:09 PM
Overall, the hash rate is increasing pretty quickly at the moment.  We only passed 100 PH/s a few days ago and are already pushing 120 (https://blockchain.info/charts/hash-rate).  Maybe miners buying new or extra hardware just happen to be using other pools?  Difficult to say for sure what the cause is, but the effect is welcome either way.

It doesn't worry you that 20PH just pop up in just a couple of days?

Honestly, it would worry me more if the hash rate started fluctuating or going down, but the curve on the graph looks pretty stable and predictable.  I'm not quite sure how the hash rate can continue to grow as exponentially as it has, but if nothing else, bitcoin has taught me to expect the unexpected.