anddy78 (OP)
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Activity: 85
Merit: 10
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August 19, 2012, 10:05:32 PM |
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BFL?
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foggyb
Legendary
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Activity: 1736
Merit: 1006
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August 19, 2012, 10:07:48 PM |
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everyone is turning on all the mining hardware they bought during the rally.
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BR0KK
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August 19, 2012, 10:10:04 PM |
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Look at the BTC Price ATM.....
New miners + Old ones switching their old rigs back on or upgrading rigs (the ones without fear of BFL ASIC)
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nedbert9
Sr. Member
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Activity: 252
Merit: 250
Inactive
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August 19, 2012, 10:14:25 PM |
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Ouch
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matthewh3
Legendary
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Activity: 1372
Merit: 1003
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August 19, 2012, 10:23:04 PM |
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Maybe BFL testing ASIC's October is not far away.
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matthewh3
Legendary
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Activity: 1372
Merit: 1003
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August 19, 2012, 11:39:26 PM |
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Isn't that the pool BFL has used before for burning?
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Raoul Duke
aka psy
Legendary
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Activity: 1358
Merit: 1002
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August 19, 2012, 11:48:48 PM |
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Isn't that the pool BFL has used before for burning?
Yes, it is. If the biggest miner name on the stats as a burn on it's name, it's BFL.
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matthewh3
Legendary
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Activity: 1372
Merit: 1003
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August 19, 2012, 11:50:51 PM |
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700GH/s=200 Jalapeños
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Electricbees
Sr. Member
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Activity: 322
Merit: 250
We are bees, and we hate you.
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August 19, 2012, 11:59:36 PM |
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Turned my rigs on again, just for the lulz. BFL ain't got nothing on this shit!
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Donations are welcome! 1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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Dhomochevsky
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August 20, 2012, 01:04:40 AM |
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A 10 TH spike all of a sudden. Whatever it is, it's not an accident or variation. Hopefully, it will turn out to be a 51% attack. It was a long time coming and the protocol needs to become protected against it. Bitcoin will either come out of it stronger than ever or dead.
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The-Real-Link
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August 20, 2012, 01:22:44 AM |
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Beat me to it. I'd imagine that one would think the hashrate would go the other way since coins are worth a little less now. Instead it looks like the network's doubled.
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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Sitarow
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Activity: 1792
Merit: 1047
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August 20, 2012, 03:25:11 AM |
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Beat me to it. I'd imagine that one would think the hashrate would go the other way since coins are worth a little less now. Instead it looks like the network's doubled. Perhaps Largecoin may be behind this also?
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Subo1977
Sr. Member
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Activity: 344
Merit: 250
Flixxo - Watch, Share, Earn!
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August 20, 2012, 12:01:05 PM |
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Isn't that the pool BFL has used before for burning?
Yes, it is. If the biggest miner name on the stats as a burn on it's name, it's BFL. BFL_Josh = Inaba = EMC
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DeathAndTaxes
Donator
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Activity: 1218
Merit: 1079
Gerald Davis
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August 20, 2012, 12:24:49 PM |
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A 10 TH spike all of a sudden. Whatever it is, it's not an accident or variation. Hopefully, it will turn out to be a 51% attack. It was a long time coming and the protocol needs to become protected against it. Bitcoin will either come out of it stronger than ever or dead.
A 51% attack wouldn't manifest itself as a increasing in hashing power. The attacker will be hashing an alternate chain. So either the attacker was previously hashing the main chain in which case you would see a massive drop in hashing power or the attacker was never contributing to the main chain in which case there would be no change in hashing power.
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hotdealdave
Jr. Member
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Activity: 61
Merit: 1
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August 20, 2012, 02:06:31 PM |
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Somebody's playing with their new ASICs?
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aadje93
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August 20, 2012, 03:44:09 PM |
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i turned on my game pc for bitcoin mining . (just 1400mhash )
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nedbert9
Sr. Member
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Activity: 252
Merit: 250
Inactive
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August 20, 2012, 03:59:45 PM |
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My question is how likely is 3-4 TH manifesting itself within one day not due to a great number of miners, but a single actor?
Just seems fishy.
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aadje93
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August 20, 2012, 04:08:59 PM |
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My question is how likely is 3-4 TH manifesting itself within one day not due to a great number of miners, but a single actor?
Just seems fishy.
probarly BFL testing the first batch of production?
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nedbert9
Sr. Member
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Activity: 252
Merit: 250
Inactive
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August 20, 2012, 04:31:19 PM |
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My question is how likely is 3-4 TH manifesting itself within one day not due to a great number of miners, but a single actor?
Just seems fishy.
probarly BFL testing the first batch of production? Probably not BFL since they've claimed they would not use mainnet for testing. If it is indeed a new actor responsible for this volume then we'd have to consider their ability to further add capacity on the order of TH's.
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