Bitcoin Forum

Bitcoin => Mining => Topic started by: Subo1977 on June 19, 2013, 04:26:30 PM



Title: Drop in Network Hashrate
Post by: Subo1977 on June 19, 2013, 04:26:30 PM
Why so a big drop in HR?


Title: Re: Drop in Network Hashrate
Post by: spiral_mind on June 19, 2013, 05:31:21 PM
Avalon got caught running their own private mining operation with customers' pre-order units and had to stop.


Title: Re: Drop in Network Hashrate
Post by: vom on June 19, 2013, 05:34:47 PM
Shhhhh...  I'm liking the current next diff. estimate just like it is.   :)


Title: Re: Drop in Network Hashrate
Post by: rayfloyd on June 19, 2013, 05:54:19 PM
Avalon got caught running their own private mining operation with customers' pre-order units and had to stop.

Source pl0x


Title: Re: Drop in Network Hashrate
Post by: Perseus353 on June 19, 2013, 06:22:34 PM
http://www.reddit.com/r/Bitcoin/comments/1gia09/avalon_is_officially_mining_with_customers_asics/



Title: Re: Drop in Network Hashrate
Post by: Perseus353 on June 19, 2013, 06:31:25 PM
https://bitcointalk.org/index.php?topic=236348.0;all


Title: Re: Drop in Network Hashrate
Post by: crazyates on June 19, 2013, 07:14:35 PM
Wow. That sucks. Well the drop in diff is alright, but Avalon was supposed to be "the honest one". Just goes to show you can't trust anyone.


Title: Re: Drop in Network Hashrate
Post by: wpgdeez on June 20, 2013, 01:47:26 PM
The drop didn't last long
Hash Rate    149,010.76 GH/s


Title: Re: Drop in Network Hashrate
Post by: lazydna on June 20, 2013, 02:25:34 PM
600 Avalon batch 3 coming online now 36theta + 20theta from asicminer. 56 theta soon, so diff is going to sky rocket again.


Title: Re: Drop in Network Hashrate
Post by: wpgdeez on June 20, 2013, 02:27:44 PM
Mining officially sucks. It is just a rich person game now. Goes against everything Bitcoin stands for. Feel so suckered, glad I only bought 2 ASIC miner blades. They can rot in hell with their greedy overpriced crap.


Title: Re: Drop in Network Hashrate
Post by: Bitcoinorama on June 20, 2013, 04:57:18 PM
Also BFL, 'just happen' on have created and shipped 500Gh/s units in batches of three for the Minirig customers. There was no announcement to as and when they first created them...that was probably a great little mining gig they've had for a while!


Title: Re: Drop in Network Hashrate
Post by: os2sam on June 21, 2013, 01:34:24 AM
Mining officially sucks. It is just a rich person game now. Goes against everything Bitcoin stands for. Feel so suckered, glad I only bought 2 ASIC miner blades. They can rot in hell with their greedy overpriced crap.

Cry me a river.  I'm really tired of this cry baby attitude.

With two ASIC Miner Blades you have more hash rate than I do and maybe more than I ever will.  So in the bitcoin world that makes you rich if you ask me.

I'm sure you could sell your blades for a profit and move on to something else that's within your tolerance level.


Title: Re: Drop in Network Hashrate
Post by: meowmeowbrowncow on June 21, 2013, 01:49:04 AM


Class warfare isn't so bad.  After all - it's not like we are looking after each other's interests.


That's each parties' responsibility.  I think what we are fighting for is equal representation, consideration - equality - at least in how honestly business is conducted and the avoidance of price gouging.



Bearish short term.  Next gen of chips will change the game.  But the stabilized hashrate in a few months will be the real game changer. 


Petabit hashrate - Feb '14.


BFL and Avalon might be the safe bet now - but I believe bitfury and it's very low power req's is a solution targeted for many months from now.


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