organofcorti (OP)
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Poor impulse control.
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November 18, 2012, 04:23:39 AM Last edit: November 23, 2012, 12:31:19 PM by organofcorti |
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I just finished compiling my weekly pools statistics, and I found something quite odd - the weekly stats imply something strange happened, the simplest explanation of which was a large solominer went offline - perhaps ASICs have been tested? Welcome, miners.
Something quite strange happened this week. The weekly average network hashrate dropped by almost two Thps. At the same time, the percentage of the network hashrate for each of the top seven pools rose significantly, in some cases reversing longstanding downward trends. The smallest of the top seven, Ozcoin is at ~ 1Thps.
In order for this to occur, some of the network hashrate went offline this week without affecting the larger pools at all, so none of it was from miners at the larger pools. As far as I can tell, the smaller pools that lost hashrate did not lose a total of ~ 2 Thps. So this loss in network hashrate must be from one or more solominers.
My suspicion is that some testing of ASICs has occurred and has now ended. Perhaps it was thought that by gradually adding hashrate no one would notice the increase, but they didn't think about gradually ending testing, hence the rapid decline. And it wouldn't be particularly noticeable if the historic charts of pool % of network hashrate were not available.
......
http://organofcorti.blogspot.com/2012/11/18th-november-weekly-pool-statistics.html![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F-yU1gNaU-ZwI%2FUKha2xHmEOI%2FAAAAAAAADgU%2FEo6fNu02nyM%2Fs1600%2Fweekly.network.hr2012-11-18.png&t=665&c=XdkclGaHMOzhBw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F--Zv8wT1jfmg%2FUKhb3l9shTI%2FAAAAAAAADhE%2F8KYkQMzEoB0%2Fs1600%2Fweekly.pc.network.2012-11-18.png&t=665&c=_p0gUVNPOxFXOA)
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MrTeal
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November 18, 2012, 04:27:33 AM |
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Very interesting. Do you think you could use the width tag to resize the images to fit better on the forum?
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organofcorti (OP)
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Poor impulse control.
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November 18, 2012, 04:29:58 AM |
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Very interesting. Do you think you could use the width tag to resize the images to fit better on the forum?
Never used it before. Can you save me some google time and give me a quick example?
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MrTeal
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November 18, 2012, 04:35:13 AM |
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Very interesting. Do you think you could use the width tag to resize the images to fit better on the forum?
Never used it before. Can you save me some google time and give me a quick example? Sure, it's just [ img width=xxxx] [ /img ] This is your image with a width of 1000 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F--Zv8wT1jfmg%2FUKhb3l9shTI%2FAAAAAAAADhE%2F8KYkQMzEoB0%2Fs1600%2Fweekly.pc.network.2012-11-18.png&t=665&c=_p0gUVNPOxFXOA)
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organofcorti (OP)
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Poor impulse control.
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November 18, 2012, 04:41:33 AM |
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Very interesting. Do you think you could use the width tag to resize the images to fit better on the forum?
Never used it before. Can you save me some google time and give me a quick example? Sure, it's just [ img width=xxxx] [ /img ] This is your image with a width of 1000 ..... That's handy to know. Thanks for that!
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niko
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November 18, 2012, 05:05:19 AM |
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An important distinction: if it's on mainnet, it's not "testing" - it's "mining". There's testnet-in-a-box available for testing.
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They're there, in their room. Your mining rig is on fire, yet you're very calm.
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organofcorti (OP)
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Poor impulse control.
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November 18, 2012, 05:15:02 AM |
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An important distinction: if it's on mainnet, it's not "testing" - it's "mining". There's testnet-in-a-box available for testing.
Good point. If ASICs are being burnt in they should have used their own testnet to do it.
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Frizz23
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November 18, 2012, 11:20:02 AM |
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Good point. If ASICs are being burnt in they should have used their own testnet to do it.
According to BFL, Inaba, BFL_Josh, etc. that's what they do / intend to do. At least that's what they say. Would be nice to get a comment from BFL on organofcortis posting though ...
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Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
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organofcorti (OP)
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Poor impulse control.
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November 18, 2012, 11:26:40 AM |
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I'm not saying it's a known manufacturer. Just that a large (~1.5 Thps) solominer has stopped mining. I'm not even sure when it started. It could be a huge botnet, for all I know. But the timing - just before ASICs are due - is a bit suspicious.
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MrTeal
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November 18, 2012, 04:18:04 PM |
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Good point. If ASICs are being burnt in they should have used their own testnet to do it.
According to BFL, Inaba, BFL_Josh, etc. that's what they do / intend to do. At least that's what they say. Would be nice to get a comment from BFL on organofcortis posting though ... ASICMINER is planning on selfmining and they should be getting going soon. It could be them as well if it is a single large miner.
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Shadow383
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November 19, 2012, 01:12:17 AM |
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Good point. If ASICs are being burnt in they should have used their own testnet to do it.
According to BFL, Inaba, BFL_Josh, etc. that's what they do / intend to do. At least that's what they say.Would be nice to get a comment from BFL on organofcortis posting though ... Have we really not learned our lessons with BFL? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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thebaron
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November 19, 2012, 01:36:32 AM |
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I would assume by now that there is at least one kind of ASIC being used to mine Bitcoins besides BFL's.
A smart businessman would have his own designed and produce and never tell anyone but his investors and Asian contractors.
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Fcx35x10
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November 19, 2012, 06:04:16 AM |
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I would assume by now that there is at least one kind of ASIC being used to mine Bitcoins besides BFL's.
A smart businessman would have his own designed and produce and never tell anyone but his investors and Asian contractors.
good point. why wouldn't they want to jump in while the water is still hot
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yaffare
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November 19, 2012, 12:26:12 PM |
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Anyone noticed the chart on bitcoinwatch? From the 18th to 19th the hashrate dropped from 30TH to 20TH. What about that? Is the chart correct?
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bitboyben
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November 19, 2012, 04:35:02 PM |
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This isn't GPU miners in high power cost areas unplugging?
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S If you don't like the price of BTC come back in 8 hours.
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bitboyben
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November 19, 2012, 04:45:03 PM |
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This isn't GPU miners in high power cost areas unplugging?
At the same time the price picked up? I have to guess no. Logically they shouldn't. But block halving, lite coin mining and maybe trying to sell GPUs before everyone else does. Couple reasons it could drop.
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S If you don't like the price of BTC come back in 8 hours.
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