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Author Topic: Bitcoin: Analysis on Hashrate Growth {Video}  (Read 913 times)
ThePanCakeKid95
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July 25, 2015, 12:43:50 PM
 #1

Hey guys it's Jason. It's been a long and busy summer, but just wanted to share with you my new videos. Hope you enjoy!

Video: https://youtu.be/mzhKw9nukV8
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July 25, 2015, 12:56:30 PM
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Hey Jason. I remember enjoying your videos about a year ago. Glad to see you are still making them.

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July 25, 2015, 01:03:34 PM
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we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash

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July 25, 2015, 03:20:14 PM
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we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash

402,809,137 GH/s

Equals to 402,809 mining machines with 1 TH/s or 1000 MH/s.

1 TH/s == 300x PC with 3x 5870 (not overclocked) abusing 300-450 KWH

1 TH/s == 300x Icarus fpga using 6 KWH

1 TH/s == 1x Asic miner 2014 that uses 1 KWH

Ergo BTC1 should be cheaper and cheaper...

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July 26, 2015, 09:57:27 PM
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Huge apology to everyone, I messed up my figures. Hope you are all not too disappointed in me.
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July 27, 2015, 06:25:47 AM
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we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash

i was wondering what happen if adoption initiate at a faster rate, much faster than mining growth, i suppose that from now the mining growth will be very slow , no one can't add for example 1 exahash overnight or something

so the more we move up the more possibility for the price to surpass the hash rate by a long shoot, maybe small miners will have a meaning again
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July 27, 2015, 01:15:55 PM
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It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
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July 27, 2015, 03:43:35 PM
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It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
I am sure this will happen. It will comes in waves, alongside price movements.

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August 01, 2015, 01:31:17 PM
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It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
I am sure this will happen. It will comes in waves, alongside price movements.

Yea I believe you're right. It all comes in cycles.
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