Bitcoin Forum
November 07, 2024, 10:08:32 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: What the hell is going on with the network hashrate???  (Read 3962 times)
anddy78 (OP)
Member
**
Offline Offline

Activity: 85
Merit: 10


View Profile
August 19, 2012, 10:05:32 PM
 #1



BFL?

Available for adverstissing
Please donate 1AnddyB1jyCoWSTEZU9XK1ihdT6LMXbknG
I'm poor, share your happiness ;-)

Pyramining Referrals
http://pyramining.com/referral/3xf4tg9b2
http://pyramining.com/referral/hdf34qy9p
http://pyramining.com/referral/bcp4qe7nh
foggyb
Legendary
*
Offline Offline

Activity: 1736
Merit: 1006


View Profile
August 19, 2012, 10:07:48 PM
 #2

everyone is turning on all the mining hardware they bought during the rally.

Hey everyone! 🎉 Dive into the excitement with the Gamble Games Eggdrop game! Not only is it a fun and easy-to-play mobile experience, you can now stake your winnings and accumulate $WinG token, which has a finite supply of 200 million tokens. Sign up now using this exclusive referral link! Start staking, playing, and winning today! 🎲🐣
BR0KK
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
August 19, 2012, 10:10:04 PM
 #3

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)

nedbert9
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

Inactive


View Profile
August 19, 2012, 10:14:25 PM
 #4



Ouch
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1003



View Profile WWW
August 19, 2012, 10:23:04 PM
 #5

Maybe BFL testing ASIC's October is not far away.

nedbert9
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

Inactive


View Profile
August 19, 2012, 11:37:57 PM
Last edit: August 20, 2012, 12:18:26 AM by nedbert9
 #6



FYI, 700 GH added in one day on EMC - confirmed by pool op.

https://bitcointalk.org/index.php?topic=16385.msg1113700#msg1113700


Edit:

Seems a mass switch from Ozcoin to EMC happened.  Carry on.
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1003



View Profile WWW
August 19, 2012, 11:39:26 PM
 #7

Isn't that the pool BFL has used before for burning?

Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1358
Merit: 1002



View Profile
August 19, 2012, 11:48:48 PM
 #8

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.
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1003



View Profile WWW
August 19, 2012, 11:50:51 PM
 #9

700GH/s=200 Jalapeños  Grin

Electricbees
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


We are bees, and we hate you.


View Profile
August 19, 2012, 11:59:36 PM
 #10

Turned my rigs on again, just for the lulz. BFL ain't got nothing on this shit!

Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
Dhomochevsky
Sr. Member
****
Offline Offline

Activity: 242
Merit: 251



View Profile
August 20, 2012, 01:04:40 AM
 #11

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.
The-Real-Link
Hero Member
*****
Offline Offline

Activity: 533
Merit: 500


View Profile
August 20, 2012, 01:22:44 AM
 #12

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.


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
Sitarow
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
August 20, 2012, 03:25:11 AM
 #13

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?
Subo1977
Sr. Member
****
Offline Offline

Activity: 344
Merit: 250


Flixxo - Watch, Share, Earn!


View Profile
August 20, 2012, 12:01:05 PM
 #14

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   Grin

X       ▄▄█████████▄▄
    ▄██▀▀         ▀▀██▄
  ▄██▀              ▀██▄
 ▄██     ██▄▄          ██▄
▄██      █████▄▄        ██▄
██       ████████▄▄      ██
██       ███████████▄    ██
██       ██████████▀     ██
▀██      ███████▀       ██▀
 ▀██     ████▀         ██▀
  ▀██▄   █▀          ▄██▀
    ▀██▄▄         ▄▄██▀
       ▀▀█████████▀▀
.flixxo    X▄████████████████████▄
██████████████████████
██████████████████████
████████████▀▀███████
█████▀████░░░░░░▄████
█████░░░░░░░░░░▄█████
█████▄░░░░░░░░░░██████
██████░░░░░░░░░███████
███████░░░░░░▄████████
████▄▄░░░░▄▄██████████
██████████████████████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████████▀█▀██████████
██████▀▀▀▀▀████████
██████▄▄░░▄▄▄░░███████
████████░░███░░███████
████████░░░░░░▀███████
████████░░███▄░░██████
██████▀▀░░▀▀▀░░░██████
██████▄▄▄▄▄▄███████
█████████▄█▄██████████
██████████████████████
▀████████████████████▀
X[[]]X
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1079


Gerald Davis


View Profile
August 20, 2012, 12:24:49 PM
 #15

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.
hotdealdave
Jr. Member
*
Offline Offline

Activity: 61
Merit: 1



View Profile
August 20, 2012, 02:06:31 PM
 #16

Somebody's playing with their new ASICs?
aadje93
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
August 20, 2012, 03:44:09 PM
 #17

i turned on my game pc for bitcoin mining  Smiley.

(just 1400mhash  Grin)

nedbert9
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

Inactive


View Profile
August 20, 2012, 03:59:45 PM
 #18




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.
aadje93
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
August 20, 2012, 04:08:59 PM
 #19




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?

nedbert9
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

Inactive


View Profile
August 20, 2012, 04:31:19 PM
 #20




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.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!