smoothie
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LEALANA Bitcoin Grim Reaper
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December 08, 2012, 08:42:10 PM |
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looks like the network is back up to 1.3 gh/s after all the ddos noise
After readjust....watch it fall again.
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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CoinHoarder
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In Cryptocoins I Trust
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December 08, 2012, 09:01:43 PM |
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looks like the network is back up to 1.3 gh/s after all the ddos noise
After readjust....watch it fall again. Yes, it will do this several times. We will have another 4-5 days with high difficulty and low network speed starting tomorrow.
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420
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December 08, 2012, 09:49:45 PM |
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looks like the network is back up to 1.3 gh/s after all the ddos noise
After readjust....watch it fall again. Yes, it will do this several times. We will have another 4-5 days with high difficulty and low network speed starting tomorrow. unless ltc price goes up making more people profitable to mine?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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live627
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December 08, 2012, 11:48:19 PM |
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A miracle must happen first.
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420
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December 08, 2012, 11:49:40 PM |
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A miracle must happen first.
what would that be
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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live627
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December 08, 2012, 11:51:48 PM |
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Visitors.
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tacotime
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December 09, 2012, 02:05:43 PM |
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Hit 2 gh/s this morning.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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smoothie
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LEALANA Bitcoin Grim Reaper
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December 09, 2012, 02:15:34 PM |
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Hit 2 gh/s this morning.
Hashrate increase =/= Price increase. ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts. Been here, done that, seen it.
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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bitcool
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Live and enjoy experiments
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December 09, 2012, 05:59:05 PM Last edit: December 09, 2012, 06:10:52 PM by bitcool |
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Hit 2 gh/s this morning.
Hashrate increase =/= Price increase. ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts. Been here, done that, seen it. Long live hashrate, who cares about the price
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420
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December 09, 2012, 06:17:48 PM |
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Hit 2 gh/s this morning.
Hashrate increase =/= Price increase. ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts. Been here, done that, seen it. Long live hashrate, who cares about the price eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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bitcool
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Live and enjoy experiments
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December 09, 2012, 06:31:41 PM |
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eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink. The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.
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420
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December 09, 2012, 07:40:25 PM |
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eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink. The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term. so in the case of rise, most likely price will follow the hashrate/difficulty's lead?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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smoothie
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LEALANA Bitcoin Grim Reaper
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December 09, 2012, 07:42:33 PM |
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eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink. The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term. It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC. Not exactly sure I condone double spending or code modifications.
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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bitcool
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Live and enjoy experiments
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December 09, 2012, 07:49:07 PM |
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so in the case of rise, most likely price will follow the hashrate/difficulty's lead?
I really don't know, but I think it has better than 50% probability.
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420
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December 09, 2012, 07:49:50 PM |
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eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink. The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term. It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC. Not exactly sure I condone double spending or code modifications. looks like they're not in USA or dont sleep at night because I didn't see it takes 1,300 5970's to get 1gigahash how many people have $364,000 worth of hardware?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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bitcool
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Live and enjoy experiments
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December 09, 2012, 07:51:06 PM |
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It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.
Not exactly sure I condone double spending or code modifications.
Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26....
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420
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December 09, 2012, 08:10:01 PM |
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Maybe a university computer lab running a test or IT guy actually got it running for shits and giggles on 500 new highest end PC's with 7990's
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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smoothie
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LEALANA Bitcoin Grim Reaper
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December 09, 2012, 08:11:03 PM |
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It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.
Not exactly sure I condone double spending or code modifications.
Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26.... LOL why else is he mining with his giant farm on LTC? For health reasons? ROFL!
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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bitcool
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Live and enjoy experiments
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December 09, 2012, 08:38:41 PM |
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Maybe a university computer lab running a test or IT guy actually got it running for shits and giggles on 500 new highest end PC's with 7990's
sounds plausible considering it's a weekend.
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meebs
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December 10, 2012, 04:16:35 PM |
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eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a SPECULATION problem FTFY If I had reasonable assurance that something BIG was going to happen and it would be worth 0.015 BTC in 3 months I would mine the ever living crap out of LTC regardless of current difficulty. If i felt price was going to be stable, i would only mine when difficulty is on the down cycle.
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