Bitcoin Forum

I just wondered if anyone had noticed that a lot of the blocks that are relayed through various ip address nodes are actually being mined by the same user:

1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f (http://blockchain.info/fb/1bxd2v)

If you have a look they have a lot of bitcoins already and are generating around 4 blocks a day.

Anyone have any idea who this is? More ASIC developers but this time they are keeping them all for themselves?

wtf?! - insane!

They've got 6+ blocks today alone!

Holy shit.

BFL.

Of course it is BFL ...These are the monsters that we have created!!!!!!!!!!

U WIll never get the equipment until they have mined the living fuck out out of them !!!!

Very likely Josh need to mined, because his coffers is running dry.. BFL

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

Nonsense,  it could be just plain luck, it's certainly a pool with some hashing power.

If you bothered to check the IP where the blocks were generated you will see they were from all over the word.

IP addresses mean next to nothing. If it were really a mining pool of multiple individuals do you think it would really have USD$200K of undistributed funds in it? That address has never had a draw from it.

My point is: whoever it is (entity or individuals), they have some serious hashing power. This isn't some teenager with a couple of Avalons in his Mom's basement that has gotten lucky the last several days in a row.

Teenagers can't afford Avalons, and it's clearly a pool not a single location, so you don't know how many mining rigs of what size are involved, so everything is pure speculation.

Right. That is exactly what I said in my first post.

You can't be lucky for a month. A pool wouldn't have all the funds in one address. The IPs it's coming through don't mean that it's a pool, just that various nodes are sending the confirmed block to blockchain.info rather than the miner.

Of course they do, how do you think ozco.in lost all it's pool funds back in April, someone stole the wallet.dat

How do they pay their miners then?! They surely have to have transactions going out too. Maybe all the miners are just being really altruistic!

Of course there is eventually outgoing transaction, what would be the point of just having BTC sitting there?

Today it's only one IP: 98.246.202.92, with 4 mined blocks going to the same address 1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f and that address is holding 2,045.00200351 BTC!
Oregon?

call me naive but is this really even possible? 1600 btc?

edit: maybe i read that wrong. it was unclear what you meant by "already making 1600 btc"

Look under the 'Final balance':
http://blockchain.info/address/1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f (http://blockchain.info/address/1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f)

No outgoing transactions, only new mined blocks.

And then 2 from the same address in LA. Interesting. I wonder if they are purposefully blocking blockchain.info from connecting to them so that their location is obscured.

4 blocks a day would be 100 BTC which would need roughly 3TH/s at the current difficulty to generate (or 2.2TH/s a month ago).
If it was BFL, that would require them to be running 600 Jalapeno's. It wouldn't be singles or mini-rigs since those are still in development and this has been going on for a while. Although, it did start in early April which is about when BFL first had working units...

40-50 Avalons could do it, but who has that many units hashing? Avalon "burnin" mining?

ASICMiner or BFL if I had to bet on somebody.

I know who it is :)    Good work detectives. 

well? do tell.

No comment.     

Cloudhashing ?

Derp: Just saw your sig. So it's you ?

WOW 0_o

I bet you don't know, as the block are coming from all around the world.

I know.   

If you have anything constructive to add it would help. If not I'll just presume you're using this as a way of advertising your business.

Interesting choice of picture, you both chose.

I wish I had this business, trust me.   I am trying :)

If only there was such a thing as a proxy server to relay communications from remote locations... then perhaps we could make it look like they were all coming from one address...


or perhaps such a technology already exists, and is being used in the opposite manner?!

Don't tell.
That would be telling.

Safe landings.

They are not Tor exit nodes if that is what you are suggesting, I already checked that.

I know you know.

I know that you know he knows, but neither of us know how the others know it. 
And if I once did, I probably wouldn't remember for very long, or even how I found out. 

I know exactly what you mean.

I was thinking perhaps someone with the resources to rack up $200K in bitcoin in less than 3 months might be able to host a few boxes around the world to relay block remotely.

kindergarden  ;D

Sending your successful block through tor must slow down the confirmation of the block a fair bit. There is a good chance a few of his blocks have been orphaned because of using it. There must be some reason to hide behind tor other than just to be mysterious. I know that the bitcoin botnet owner that posted on reddit a while back used tor to do everything through, control the bots, mine through etc. But the bot net must have grown considerably to be going this quickly if it is him. Could be a similar idea though.

It could be Al Gore mining with the first computer he used to make the internet. That thing must pull like 20 THashes

I think bfl is "testing" the mini rigs

The BTC came from various locations in US and HongKong. One of the IPs looks like a hijacked server (maybe used as proxy): http://yojimbo.wktel.com/ One other looks like a VPN-Provider (http://boozepoint.com). Someone is trying to hide his ass here.

If you bothered to look at the photos and tour review that Lab Rat did of the BFL factory last week, you would have learnt that the Mini rig  is still in prototype, they haven't built the things yet. You can see photos of the stage they are up to.

IMO bad for bitcoin unless we can reveal the user as non-threatening for the network.

I don't think it makes much difference. They're still processing transactions. It's costing them a lot to mine that quickly. And I think they were using TOR to relay the blocks. They seem to have stopped mining to this address anyway.

These were no tor exit nodes. I check that. The fact that they stopped is another strange point. Who hides here?

Did you send them 0.0101 BTC today?

they can at least donate something

It was confirmed that Avalon was pre-mining with customer units... could this be them?

Could be, since they said all batch 2 units will be sent out until the end of the week (many ppl received their units in the past days) and this address stopped mining...

Which implies maybe two things, not wanting to get caught or perhaps not wanting to show their cards.

Correct me if I'm wrong but someone could be hiring supercomputer time, maybe a tech is diverting power somewhere?

Since it is non-threatening / non-hostile to bitcoin and obvious that it wishes to be anonymous, let it be.

Im also guessing BFL. This was right around the time they finished their Single prototype.

I mean, it makes a lot of sense given all we know at this time (Aug 1st). They would definitely go to a lot of trouble to hide their efforts.

They could if they started out GPU mining, or got in super early.

Well, I'm not a major player here yet in the community forum, but the company that I have contracted with has 4000GH/s online. Whether these are ASIC or not I am not sure. Does 4000GH/s = 4TH/s? If so, this company has placed an order for an additional 6.3TH/s to be delivered starting in September of this year.  The 4TH/s are already under contract, so this may not be where the 3 to 4 blocks are coming from though.

I guessing that it could be the Winklevoss twins.

http://en.wikipedia.org/wiki/Cameron_Winklevoss

http://en.wikipedia.org/wiki/Tyler_Winklevoss

 ;D

Im thinking a fraternity of hackers or some sort of government regime , recently got themselves more hashing power than p2pool.

Re: Large bitcoin mining farm  made 3989BTC and removed 3000 BTC

http://blockchain.info/fb/1bxd2v

Looking at the dates of their "savings account" http://blockchain.info/address/16ygEoTjg7P5GJwLKTQd1UgqAGuF8bKVRc  it does look like BFL
pre-mining mini rigs.  Nothing new here.  Avalon has been doing this since January.

Or someone broke sha256, mined 34 million and retired.

And then sends it to 158mVoizfU3xPxGGchGtnsKSixGs9XTo6v (http://blockchain.info/address/158mVoizfU3xPxGGchGtnsKSixGs9XTo6v) which has received 98000 BTC since March this year.

Pre-mining should be carried out on the test net.

It's Avalon's address.

This is the most interesting post of the day for me.

A transaction of 10,000 BTC (About 1 million dollars) left a Avalon group buy payment address:

http://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

It sent it to this address:

http://blockchain.info/address/16ygEoTjg7P5GJwLKTQd1UgqAGuF8bKVRc

Which, in turn sent 2,000 BTC to this address:

http://blockchain.info/address/158mVoizfU3xPxGGchGtnsKSixGs9XTo6v

One of the biggest winners in BTC.

Probably just rich people buying and selling BTC person to person.

Why is it we will triple encrypt our wallets, cold store them in vaults, have paper backups, NEVER allow them to be online because we are paranoid of someone getting access. Yet, we see an OBVIOUS trail from a solo mining farm back to Avalon and someone thinks "Oh, just rich people buying and selling BTC..."  ::) >:(

Can you show the transactions going from a known Avalon address to/from a mining farm? The addresses I just showed don't go to or from any addresses with new coins generated.

https://bitcointalk.org/index.php?topic=227103.msg2945456#msg2945456

Good detective work. It makes me sad that Avalon would do this.

Damn -- Avalon -- biggest scam ever.

But didn't Avalon originally say they wanted to be a mining farm, and the batch sales were just a side project?

^^^ I don't think so.  As far as I recall, Yifu said that created Avalon to spread hashing power around, and that they were not mining themselves at all, even though it was tempting.

I guess he caved in the end?

Or... purchasing from Avalon.

Let us not cast aspersions.  Let it go.

It is sad that in August 2013 there still are people who believe that IP addresses on blockchain.info have anything to do with the miner who mined the block.

You don't need Tor, VPNs, or whatever to prevent blockchain.info from publicizing your IP. You simply don't let your node connect to them. The Bitcoin network will do the anonymization for you, at least when it comes to blockchain.info.

And as you might imagine, this miner wishes to remain anonymous.  Chasing after geese is fine if it amuses you, but making accusations of lies against the innocent geese you find along the way while doing so is not part of the game.  Play nice.

Exactly. This whole effort is futile, and also leads to unfounded accusations.