Looks like ASIC's have been deployed

[cedivad]

Yes,

SURE.

[CrazyGuy]

It's starting to get cold, maybe some GPU owners are starting up their rigs again for heat...

[Keefe]

Another thread to reveal the idiots. Most posters here lack understanding of one of the basic concepts of bitcoin mining, random variance.

[fcmatt]

Kids going back to uni. Free elect. Word gets around... That can add up too.
Can you say beer and weed money?

[scrybe]

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?

According to their business plans and published statements? None of them are running final gear right now, and none of them are using it to mine on MainNet (nor will they)

They are all working with prototypes and simulations with just-in-time manufacturing for initial batches. Watch the updates in the BFL and bASIC threads and you can see things moving, but stuff gets in from China, gets flashed and tested, and goes right out the door with Tom. BFL is likely in the same boat.

Maybe they have had a prototype or 2 running, but they are using testnet-in-a-box, so we won't see the hashes even if they do. Until they have final hardware there is not much point to running a prototype board continuously, especially if there are material differences in components between the two.

Kids going back to uni. Free elect. Word gets around... That can add up too.
Can you say beer and weed money?

My favorite explanation if there IS a surge, I mean Duuuuuuude! You tell a few million Uni students about this (with an ear back to mommy that a new video card is needed for the computational mathematics class they are taking) and you are going to have 1000+ new miners easy. Same for FPGA (yeah, I really need the Vertex 7 Board!) ASIC might be a bit harder sell

[DoomDumas]

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

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

Nothing unusual. Yet.

+1

Nothing unsusual yet.. watch out 1 month after ASIC are being shipped, those past weeks variation would look like a pixel in those graphics

http://bitcoin.sipa.be/speed.png

my 2 satoshi

[Merrick]

It's starting to get cold, maybe some GPU owners are starting up their rigs again for heat...

and bingo was his name-o.

[Fiyasko]

Graph goes up, Graph goes down.
Just like the sun!

[Korbman]

Graph goes up, Graph goes down.

"You can't explain that" -- Bill O'Reilly

 

[creativex]

Graph goes up, Graph goes down.

"You can't explain that" -- Bill O'Reilly

Bill stole that from the Who and modified it...he's a hack!

[jojo69]

checks network daily growth rate...0.5%

meh

wake me up when the show starts

[farlack]

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.  

Hey man, if all you need is a picture, please check out my ASIC I'm building. I repair slot machines so I'll have this ready to ship next week.



It may look like BFL's but we found TWO major enhancements check the image for details.

[creativex]

What is that...a butterfly with a bowler hat?

[Blackasaurus]

It seems like OP doesnt want to talk anymore

[melmo]

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 ?

I thought I'd look at the numbers - AMD had a net revenue of $342M in their last quarter from their graphics division.  That's $26.3M a week.  If we estimate that 10% of sales is 7-series, so 7850, 7870, 7950 and 7970, that's $2.63M sold at an average price of $300, then that's about 8766 cards sold a week.  Average hash rate of 400MH, gives you 3.5TH.

Let's say it rose by 4 TH over 5 weeks, so 17.5TH sold, we're looking at more than 1 in 5 sold becomes a miner.

Possible, but not probable.  And I agree with that last quoted sentence, now would not be a good time to start mining.

[fcmatt]

Botnets taking advantage of amd owned pcs?

[2GOOD]

Botnets taking advantage of amd owned pcs?

+1 to that and some casual 7-series newbies just giving it a try

[jl2035]

If you make this kind of hardware you have to test test test... so in this few months when developing asics there is probably money flying into the company wallet.dat. Their products are not finished but I believe they can already mine, right?

And please don't judge them for that... I would do the same... Hardware must be tested in a real world...

[scrybe]

If you make this kind of hardware you have to test test test... so in this few months when developing asics there is probably money flying into the company wallet.dat. Their products are not finished but I believe they can already mine, right?

And please don't judge them for that... I would do the same... Hardware must be tested in a real world...

FFS, this is DEAD, DEAD, DEAD. For over a MONTH, MONTH, MONTH.

There is a thing called "Testnet in a Box.

This is what is being used for testing by every ASIC company according to their public statements. (Except Avalon because he is building his own test rig)

No ASIC companies are mining on the main BitCoin network.

You should be quarantined to the newbie area for not doing a search and seeing the multiple threads that have speculated on this fact and put it to bed. HARD.

Unless you have any new information on this (including pictures or a known ASIC manufacturer employee admitting in public that they will test on mainnet), go troll elsewhere please.

Mods, please close this troll thread.

[Owndapwn]

+1 to that and some casual 7-series newbies just giving it a try

Hello.
Gamer with an OC'd 7970 GHz running aprox. 18-20 (Sometimes 24) hours/day while at school and asleep at 715MHash/s.
Made almost $30 in about a week, and I already have the hardware.
Too bad Steam doesn't accept BTC yet. x3

This is a valid theory, due to AMD lowering the price of the 7970 by a couple hundred bucks.