Looks like ASIC's have been deployed

[jjshabadoo]

I cannot possibly imagine an additional 3-4 TH of GPU's or fpga's have been started up in the past week or so.

It has always seemed weird to me that these hardware companies would not pre-mine before selling.

This community is willing to throw money at anyone for months in advance just to gain an edge.

This mentality falls right into someone who would want to take your capital and then use it against you.

Coupled with some recent big sell orders on Mt Gox, and it seems to me someone is unloading some coins.

Of course this could be some people with stashes unloading, but it seems to be an odd coincidence.

I'd say we have ASIC miners out there and they are taking advantage of the 50 BTC blocks before they're gone.

Seem odd to anyone that nearly ALL asic devices will be hitting the market AFTER the reward halving ?

This is fishy as hell to me.

[ElectricMucus]

AMD Radeon™ 7000 series GPUs - they are getting cheaper by the day.

/thread

[luffy]

i would have to agree to both of you

[Korbman]

There's actually a thread that already talked about how unlikely this is. My recommendation is to read through it before posting the same conspiracy theories again.

[goxed]

I cannot possibly imagine an additional 3-4 TH of GPU's or fpga's have been started up in the past week or so.

It has always seemed weird to me that these hardware companies would not pre-mine before selling.

This community is willing to throw money at anyone for months in advance just to gain an edge.

This mentality falls right into someone who would want to take your capital and then use it against you.

Coupled with some recent big sell orders on Mt Gox, and it seems to me someone is unloading some coins.

Of course this could be some people with stashes unloading, but it seems to be an odd coincidence.

I'd say we have ASIC miners out there and they are taking advantage of the 50 BTC blocks before they're gone.

Seem odd to anyone that nearly ALL asic devices will be hitting the market AFTER the reward halving ?

This is fishy as hell to me.

If it was a GPU / FPGA farm, it was set up really in a jiffy. I would lean more towards ASIC beta testing (read. Earning Opportunity)

[Frequency]

I don,t think this would be ASICs.. maybe the last month of easy BTC or maybe the fact BTC becomes more in the open to more people learning about it becomes more and more in the publicity over the last past weeks.makes this a naturally rise of hashpower..

conspiracytheorie: BFL hangs there stock fpga minirigs@25gh x 75  on the net and in 4 weeks they run the fack off.. just kidding

If the price drops this is good to buy them it,s normal in an speculative market this all is a good sign..buy buy sell sell 

http://blockchain.info/nl/charts/market-price

http://blockchain.info/nl/charts/hash-rate?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

[crazy_rabbit]

I don't doubt in the slightest that someone has at least prototypes working. What company wouldn't have working devices minimum 2 months prior to shipping dates?

[jjshabadoo]

7 series gpus ?

No fucking way. It would take 1000 to create 700 GH.

So we'd be talking 5 thousand 7970's deployed in a matter of weeks.

Besides, how many idiots could really be starting GPU farms right now ?

FPGA sales are essentially halted, so that's impossible.

Most of the people here thought Pirate was OK, so I'm sorry but this forum has ZERO credibility.

This is not a conspiracy and I will be proven right if the truth is ever revealed.

Down the road someone will finally admit they were mining ASIC's during the past few weeks.

Funny how every time someone suggests that people in the bitcoin world just might be greedy fucks people here yell conspiracy.

Get your head out of the sand, bitcoin is full of scammers and greedy bastards. Just look at how much money was thrown at those assholes at BFL.

Almost six months ago this community threw hundreds of thousands at a company run by a felon.

Amazing how stupid computer geeks can actually be.

[ElectricMucus]

5K gpus? Sounds about right.

What's your problem?
Is it that the mining community collectively calls 'Bullshit' on BFLs efficiency claims?
Or that GPUs retain their resale value independently of the Bitcoin price?

In one way you are ranting about BFLs bad credibility on the other you are giving them enough of it to come up with a theory that they actually produced chips already and are using them. Get your facts straight!

[gyverlb]

7 series gpus ?

No fucking way. It would take 1000 to create 700 GH.

How many are sold by AMD each week? How many gamers among these new 7 series owners do know that they can earn a bit of coin with these when they aren't gaming ?

So we'd be talking 5 thousand 7970's deployed in a matter of weeks.

Besides, how many idiots could really be starting GPU farms right now ?

Some farms or thousands of gamers, how do you spot the difference?

[jjshabadoo]

I'm not saying it's BFL at all, you drew that assumption. Although I don't believe for a second that they won't do it eventually if they make an ASIC.

I'm saying someone is doing it.

I doubt AMD sells 5000 GPU's a week and if they do, it's not even possible that all of them would be mining.

[Fiyasko]

7 series gpus ?

No fucking way. It would take 1000 to create 700 GH.

How many are sold by AMD each week? How many gamers among these new 7 series owners do know that they can earn a bit of coin with these when they aren't gaming ?

So we'd be talking 5 thousand 7970's deployed in a matter of weeks.

Besides, how many idiots could really be starting GPU farms right now ?

Some farms or thousands of gamers, how do you spot the difference?

5000, HD7000's a week?

No, But 5000 HD7000's suddenly being turned on due to news or sudden realisation of "OMG MY COMPUTER CAN CREATE MONEY IF I HAVE AN AMD GPU?! OMG! I HAVE ONE!"

[Syke]

Graph goes up. Graph goes down. It's called "variance".

http://bitcoin.sipa.be/growth-10k.png

Nothing unusual. Yet.

[mrb]

Exactly. This is variance. There is no sign that 3-4 Thash/s have been added to the network.

Another graph:
http://bitcoin.sipa.be/speed-lin-10k.png

[psilan]

Exactly. This is variance. There is no sign that 3-4 Thash/s have been added to the network.

Another graph:
http://bitcoin.sipa.be/speed-lin-10k.png

OMG THEY SWITCHED THEM ALL OFF AGAIN. (waits until next thread with the same subject comes up)

[luffy]

well, variance is a bitch 

[dani]

Exactly. This is variance. There is no sign that 3-4 Thash/s have been added to the network.

Another graph:
http://bitcoin.sipa.be/speed-lin-10k.png

OMG THEY SWITCHED THEM ALL OFF AGAIN. (waits until next thread with the same subject comes up)

+1

[crazy_rabbit]

Exactly. This is variance. There is no sign that 3-4 Thash/s have been added to the network.

Another graph:
http://bitcoin.sipa.be/speed-lin-10k.png

OMG THEY SWITCHED THEM ALL OFF AGAIN. (waits until next thread with the same subject comes up)

You mean they started Boxing up their ASICS for shipment? Or they noticed something they need to fix or update and thus unplugged them to do some work?

[cabin]

psilan.. I think you might have won the week 4 contest for the mini single? I came up with number 1 when I plugged in the numbers anyways.

Exactly. This is variance. There is no sign that 3-4 Thash/s have been added to the network.

Another graph:
http://bitcoin.sipa.be/speed-lin-10k.png

OMG THEY SWITCHED THEM ALL OFF AGAIN. (waits until next thread with the same subject comes up)

[Gatorhex]

BFL have them for sure, they used to have a farm before going into the production business, the guy up the road repairs Arcade machines and has the skills to build this stuff.