smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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December 17, 2012, 08:12:06 AM |
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Looks like about 3 TH/s has been removed from mining bitcoin.  |
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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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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DobZombie (OP)
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December 17, 2012, 09:40:14 AM |
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You mean 0.3GH ?
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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mrb
Legendary
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Activity: 1512
Merit: 1027
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December 17, 2012, 10:18:44 AM |
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You mean 0.3GH ?
3TH/s is 3000GH/s. |
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DobZombie (OP)
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December 17, 2012, 01:39:16 PM |
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I was having a retard moment. My Avatar Picture is evidence of it  I've been doing some projections and this is what I think the network will do... JANUARY 1st 2012 Network will bounce between 17TH - 22TH FEBRUARY 1st 2012 Network will bounce between 14TH - 18TH MARCH 1st 2012 Network will bounce between 12TH - 17TH APRIL 1ST 2012 Network will stabilise between 11TH - 16TH The data is based on these variables staying...ASICs still being on the horizon. While people are waiting for ASICs they won't create much new power. Power costs force GPUs out. BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month) I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st. What yas think? |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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MrTeal
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Activity: 1274
Merit: 1004
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December 17, 2012, 02:43:51 PM |
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I was having a retard moment. My Avatar Picture is evidence of it I've been doing some projections and this is what I think the network will do... JANUARY 1st 2012 Network will bounce between 17TH - 22TH FEBRUARY 1st 2012 Network will bounce between 14TH - 18TH MARCH 1st 2012 Network will bounce between 12TH - 17TH APRIL 1ST 2012 Network will stabilise between 11TH - 16TH The data is based on these variables staying...ASICs still being on the horizon. While people are waiting for ASICs they won't create much new power. Power costs force GPUs out. BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month) I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st. What yas think? You have network hashrate going way too low, IMO. Even with a 2MH/J total system efficiency, existing GPU hardware will be barely profitable at the current (3.37M) difficulty at US$0.15/kWh. At 16TH/s mining would be quite profitable even for inefficient GPU miners. I honestly don't see the network dropping much past 18-20TH/s or so. Too much of the network is made up of FPGAs and GPU users with low power costs and/or who would be heating their homes anyway. If the price of BTCrises, network hashrate will probably follow as people turn rigs back on. Of course, it's probably all moot as someone should ship an ASIC by the end of January. |
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DrG
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Activity: 2086
Merit: 1035
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December 18, 2012, 03:01:07 AM |
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I was having a retard moment. My Avatar Picture is evidence of it I've been doing some projections and this is what I think the network will do... JANUARY 1st 2012Network will bounce between 17TH - 22TH FEBRUARY 1st 2012Network will bounce between 14TH - 18TH MARCH 1st 2012Network will bounce between 12TH - 17TH APRIL 1ST 2012Network will stabilise between 11TH - 16TH The data is based on these variables staying...ASICs still being on the horizon. While people are waiting for ASICs they won't create much new power. Power costs force GPUs out. BITCOIN value continues to be stable or rise slowly ($0.50 -$1.00 USD per month) I for one can't wait until I'll be earning the same amount on March 1st as I was on Nov 1st. What yas think? Those are some bold predictions...of the past  More retard moment? I can prescribe some Aricept or Namenda... |
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bitboyben
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December 20, 2012, 04:33:34 AM |
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https://bitcointalk.org/index.php?topic=128032.0;topicseenAccording to this poll approx 65% should keep GPUs etc on so about 2/3rds of peak hash seems reasonable. Not too far from that now.
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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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Grecoin
Member
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Activity: 63
Merit: 10
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December 20, 2012, 02:46:33 PM |
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wow network hashrate only 21.61 Terahashs/s, then asics then ... BOOOOOOOOOOOOM |
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DobZombie (OP)
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December 22, 2012, 11:04:17 AM |
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Bitcoin Difficulty
3,370,182
Next difficulty (estimate): 2,988,542
Under 3 million!
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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purelithium
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December 23, 2012, 02:15:09 AM |
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Hash rate is shooting up.
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Like my post? 1H7bfRYh7F89mfmFgsRCdn4awDaUHQmYqY
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eleuthria
Legendary
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Activity: 1750
Merit: 1007
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December 23, 2012, 02:52:22 AM |
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Hash rate is shooting up.
It'll fall back down. After recovering from the DDoS, BTC Guild started shooting out blocks roughly twice what it's hash rate should produce (which means a ~3.3 TH/s pool is pushing out over 5 TH/s worth of blocks in the last 24 hours), which means a single pool is inflating the 24 hour estimate by over 2 TH/s alone. |
RIP BTC Guild, April 2011 - June 2015
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purelithium
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December 23, 2012, 03:33:43 AM |
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Ack, wasn't aware that could happen. What is the reasoning behind that burst in blocks?
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Like my post? 1H7bfRYh7F89mfmFgsRCdn4awDaUHQmYqY
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eleuthria
Legendary
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Activity: 1750
Merit: 1007
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December 23, 2012, 05:13:40 AM |
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Ack, wasn't aware that could happen. What is the reasoning behind that burst in blocks?
Just an extremely good run of luck. It's why looking at daily network hash rate charts you see such massive swings. It's not that tons of people are turning on/off, it's more about overall network luck than anything. |
RIP BTC Guild, April 2011 - June 2015
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bitboyben
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December 24, 2012, 12:46:38 AM |
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2,990,000 est... that's a good move.
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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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purelithium
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December 24, 2012, 01:33:16 AM |
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Yep and a few days left before the change, so it could go even lower. Nice.
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Like my post? 1H7bfRYh7F89mfmFgsRCdn4awDaUHQmYqY
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DobZombie (OP)
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December 27, 2012, 05:51:51 AM
Last edit: December 27, 2012, 02:39:24 PM by DobZombie |
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New Difficulty update
2,979,637
Next difficulty (estimate): 2,978,049
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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bitboyben
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December 27, 2012, 07:34:11 AM |
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That's looking pretty stable there.
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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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DobZombie (OP)
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December 27, 2012, 01:01:59 PM |
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Once everyone has stopped eating and parting hopefully more GPUs will come offline
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Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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YipYip
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December 27, 2012, 05:20:36 PM |
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Once everyone has stopped eating and parting hopefully more GPUs will come offline
Dude u mean online ...stop smoking crack...lol |
OBJECT NOT FOUND
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DobZombie (OP)
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December 27, 2012, 05:29:10 PM |
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Once everyone has stopped eating and parting hopefully more GPUs will come offline
Dude u mean online ...stop smoking crack...lol Nope, I meant offline. I'm guessing that after everyone has recovered from running amuck at Xmas & New Year, they'll realise how much money they've spent. Then they'll take apart their GPUs and sell em on ebay. Now if you'll excuse me, my crack pipe is getting cold... o.0 |
Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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