|
ice_chill (OP)
|
 |
September 06, 2012, 09:09:32 PM |
|
Hi, what are your thoughts on this, difficulty went from 24.4k to 26.9k almost overnight, that's 2.5TH.
Possibly someone testing some ASICs ?
|
|
|
|
|
|
|
|
|
|
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
fcmatt
Legendary
 Offline
Activity: 2072
Merit: 1001
|
|
September 06, 2012, 09:26:30 PM |
|
I also noticed the diff jump was more then i expected....
By the time asics arrive diff will be very high.
|
|
|
|
|
|
Lethos
|
|
September 06, 2012, 09:26:41 PM |
|
There is a lot of FPGA developers who are still shipping out (sometimes in large amounts) their products, even with ASIC on the horizon, they are still taking this long to get into the hands of the masses.
While many people who only mining tool are GPU's are realising that they have about 2-3 months left, after that they are worthless so making sure they are online and mining as much as possible.
It stands to reason that the Network is going to keep going up. It is a little worrying how quickly, but totally expected.
|
|
|
|
coretechs
Donator
Sr. Member
Offline
Activity: 362
Merit: 250
|
|
September 07, 2012, 01:11:29 AM |
|
There is a lot of FPGA developers who are still shipping out (sometimes in large amounts) their products, even with ASIC on the horizon, they are still taking this long to get into the hands of the masses.
While many people who only mining tool are GPU's are realising that they have about 2-3 months left , after that they are worthless before switching to Litecoin so they are making sure they are online and mining as much as possible.
It stands to reason that the Network is going to keep going up. It is a little worrying how quickly, but totally expected.
FTFY |
|
|
|
wknight
Legendary
Offline
Activity: 889
Merit: 1000
Bitcoin calls me an Orphan
|
|
September 07, 2012, 01:52:12 AM |
|
Lethos is right.. when a GPU is down.. time is money.. people are making sure their GPU's are up 24/7. if a fan goes out they are fixing it the same day and not waiting weeks when they get to it.. Many people are getting their FPGA orders in and people are still buying up 7970's. More people like the price of bitcoin and more people are building rigs.
|
Mining Both Bitcoin and Litecoin.
|
|
|
crazyates
Legendary
Offline
Activity: 952
Merit: 1000
|
|
September 07, 2012, 02:18:00 AM |
|
It was expected to be 2.6 or 2.7 million, so this isn't really news.
|
|
|
|
|
ice_chill (OP)
|
|
September 07, 2012, 06:29:31 AM |
|
It's not the difficulty we are discussing, but the sudden jump overnight. Under normal conditions it rises steadily.
|
|
|
|
|
|
|
os2sam
Legendary
Offline
Activity: 3578
Merit: 1090
Think for yourself
|
|
September 07, 2012, 11:17:41 AM |
|
It's not the difficulty we are discussing, but the sudden jump overnight. Under normal conditions it rises steadily.
In your top post you said difficulty jumped over night. Now you are saying that your not talking about difficulty? What are you talking about then? Difficulty jumps, up or down, every 2016 blocks, that may be overnight when it happens, but it happens after 2016 blocks. Sam |
A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
|
|
|
crazyates
Legendary
Offline
Activity: 952
Merit: 1000
|
|
September 07, 2012, 03:19:36 PM |
|
It's not the difficulty we are discussing, but the sudden jump overnight. Under normal conditions it rises steadily.
In your top post you said difficulty jumped over night. Now you are saying that your not talking about difficulty? What are you talking about then? Difficulty jumps, up or down, every 2016 blocks, that may be overnight when it happens, but it happens after 2016 blocks. Sam Ya I'm a little confused by this as well. The difficulty jumped (as it does every 2016 blocks), but you're treating it like we gained 2.5TH/s with that jump, which did not happen. The network WAS slowly increasing over the past 2 weeks, but it was jumpy as always. Now that does show the 3-day average dropping ~2TH/s from 9/3 to 9/5, but then jumping up ~4TH/s from 9/5 to 9/8. IIRC, BFL just shipped a bunch of Singles, almost clearing their backlog. With other FPGAs and who knows how many new GPU farms, it is a sudden rise. |
|
|
|
|
P4man
|
|
September 07, 2012, 03:53:53 PM |
|
Now that does show the 3-day average dropping ~2TH/s from 9/3 to 9/5, but then jumping up ~4TH/s from 9/5 to 9/8.
Nah, it doesnt show hashrate, it shows time between blocks. It uses that to guestimate hashrate but you can tell from the graph how much variance there is on that, through all of bitcoins history. |
|
|
|
crazyates
Legendary
Offline
Activity: 952
Merit: 1000
|
|
September 07, 2012, 04:12:23 PM |
|
Now that does show the 3-day average dropping ~2TH/s from 9/3 to 9/5, but then jumping up ~4TH/s from 9/5 to 9/8.
Nah, it doesnt show hashrate, it shows time between blocks. It uses that to guestimate hashrate but you can tell from the graph how much variance there is on that, through all of bitcoins history. I know that, but the 3-day average can eliminate a lot of that variance. |
|
|
|
|
