Bitcoin Forum
December 14, 2017, 01:48:18 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Hash Rate Jumps Up 39% In 10 Days. From 71mil to 99mil  (Read 5208 times)
minternj
Sr. Member
****
Offline Offline

Activity: 434


View Profile
May 14, 2013, 03:37:20 AM
 #21

This was the latest asicminer update
Quote
Wednesday Dividend Update -- 8 May 2013

For the week 1-8 May 2013, the dividend was 0.01108519 BTC per share.

Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.

The latest news up to 8 May 2013.
> 200 TH/s has been ordered for 2-3mo deployment timeframe.
> USB devices fully tested, 10,000 units ready for order at 1.99 BTC each.
> Block Erupter sales have produced an average of 50 BTC per unit, or a total of ~2500 BTC in the latest auction.
> If 10 TH/s is sold as planned in Block Erupter auctions at 50 BTC per 10 GH/s unit, Bitfountain will receive 50000 BTC, which is a healthy 0.125 BTC per share in dividends.
> 50 TH/s is estimated to be fully deployed by June of this year.

They tested 10,000 usb units! Tested = mining.  Deploying 50TH by june! Its already 2nd week of may. Guestimating half of 50TH was deployed. 200TH more deploying in 2 months. Again, why the need to guess who brought the TH, its in frggin black and white.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
1513259298
Hero Member
*
Offline Offline

Posts: 1513259298

View Profile Personal Message (Offline)

Ignore
1513259298
Reply with quote  #2

1513259298
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513259298
Hero Member
*
Offline Offline

Posts: 1513259298

View Profile Personal Message (Offline)

Ignore
1513259298
Reply with quote  #2

1513259298
Report to moderator
WildFire.ca
Hero Member
*****
Offline Offline

Activity: 490


THINK IT, BUILD IT, PLAY IT! --- CHIMAERA


View Profile
May 14, 2013, 03:43:22 AM
 #22


The first link is the whois of the ip in the Connected-Nodes of a person in Kansas. When you Google BFL's address you get the exact location for both on the map. The globe shows someone with massive Hashing power in Kansas. Its either ASICMINER, BFL or an unknown miner. Pick one.

██████████████████            ██████████
████████████████              ██████████
██████████████          ▄█   ███████████
████████████         ▄████   ███████████
██████████        ▄███████  ████████████
████████        ▄█████████  ████████████
██████        ▄███████████  ████████████
████       ▄██████████████ █████████████
██      ▄███████████████████████████████
▀        ███████████████████████████████
▄          █████████████████████████████
██▄         ▀███████████████████████████
████▄        ▀██████████████████████████
██████▄        ▀████████████████████████
████████▄        ████████████████▀ █████
██████████▄       ▀█████████████  ██████
████████████▄       ██████████   ███████
██████████████▄      ▀██████    ████████
████████████████▄▄     ███     █████████
███████████████████▄    ▀     ██████████
█████████████████████▄       ███████████
███████████████████████▄   ▄████████████





▄█████████████████   ███             ███   ███   ███▄                ▄███            █████            ████████████████   ████████████████▄             █████
███▀                 ███             ███   ███   ████▄              ▄████           ███████           ███                ███           ▀███           ███████
███                  ███             ███   ███   █████▄            ▄█████          ███▀ ▀███          ███                ███            ███          ███▀ ▀███
███                  ███             ███   ███   ███ ███▄        ▄███ ███        ▄███▀   ▀███▄        ███                ███           ▄███        ▄███▀   ▀███▄
███                  ███████████████████   ███   ███  ▀██▄      ▄██▀  ███       ▄███▀     ▀███▄       ████████████████   ████████████████▀        ▄███▀     ▀███▄
███                  ███             ███   ███   ███   ▀███    ███▀   ███      ▄███▀       ▀███▄      ███                ███        ███          ▄███▀       ▀███▄
███                  ███             ███   ███   ███    ▀███  ███▀    ███     ▄███▀         ▀███▄     ███                ███         ███        ▄███▀         ▀███▄
███▄                 ███             ███   ███   ███      ██████      ███    ▄███             ███▄    ███                ███          ███      ▄███             ███▄
▀█████████████████   ███             ███   ███   ███       ████       ███   ▄███               ███▄   ████████████████   ███           ███    ▄███               ███▄

|
  TRUE BLOCKCHAIN GAMING PLATFORM 
DECENTRALISED AUTONOMOUS UNIVERSES

  HOME PAGE                                                                  WHITE PAPER 
|
minternj
Sr. Member
****
Offline Offline

Activity: 434


View Profile
May 14, 2013, 03:47:23 AM
 #23

i dont even see that ip in the connected nodes. maybe your 20/20 investigative reporting style scared them away. Either way its asicminer. hash rate would be insanely hihger if bfl was mining with a lot of machines. A few test ones I would bet on.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
erk
Hero Member
*****
Offline Offline

Activity: 700


View Profile
May 14, 2013, 04:12:44 AM
 #24

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.


WildFire.ca
Hero Member
*****
Offline Offline

Activity: 490


THINK IT, BUILD IT, PLAY IT! --- CHIMAERA


View Profile
May 14, 2013, 04:32:18 AM
 #25

I forgot to put this image up of the IP.


██████████████████            ██████████
████████████████              ██████████
██████████████          ▄█   ███████████
████████████         ▄████   ███████████
██████████        ▄███████  ████████████
████████        ▄█████████  ████████████
██████        ▄███████████  ████████████
████       ▄██████████████ █████████████
██      ▄███████████████████████████████
▀        ███████████████████████████████
▄          █████████████████████████████
██▄         ▀███████████████████████████
████▄        ▀██████████████████████████
██████▄        ▀████████████████████████
████████▄        ████████████████▀ █████
██████████▄       ▀█████████████  ██████
████████████▄       ██████████   ███████
██████████████▄      ▀██████    ████████
████████████████▄▄     ███     █████████
███████████████████▄    ▀     ██████████
█████████████████████▄       ███████████
███████████████████████▄   ▄████████████





▄█████████████████   ███             ███   ███   ███▄                ▄███            █████            ████████████████   ████████████████▄             █████
███▀                 ███             ███   ███   ████▄              ▄████           ███████           ███                ███           ▀███           ███████
███                  ███             ███   ███   █████▄            ▄█████          ███▀ ▀███          ███                ███            ███          ███▀ ▀███
███                  ███             ███   ███   ███ ███▄        ▄███ ███        ▄███▀   ▀███▄        ███                ███           ▄███        ▄███▀   ▀███▄
███                  ███████████████████   ███   ███  ▀██▄      ▄██▀  ███       ▄███▀     ▀███▄       ████████████████   ████████████████▀        ▄███▀     ▀███▄
███                  ███             ███   ███   ███   ▀███    ███▀   ███      ▄███▀       ▀███▄      ███                ███        ███          ▄███▀       ▀███▄
███                  ███             ███   ███   ███    ▀███  ███▀    ███     ▄███▀         ▀███▄     ███                ███         ███        ▄███▀         ▀███▄
███▄                 ███             ███   ███   ███      ██████      ███    ▄███             ███▄    ███                ███          ███      ▄███             ███▄
▀█████████████████   ███             ███   ███   ███       ████       ███   ▄███               ███▄   ████████████████   ███           ███    ▄███               ███▄

|
  TRUE BLOCKCHAIN GAMING PLATFORM 
DECENTRALISED AUTONOMOUS UNIVERSES

  HOME PAGE                                                                  WHITE PAPER 
|
erk
Hero Member
*****
Offline Offline

Activity: 700


View Profile
May 14, 2013, 04:57:37 AM
 #26


This is meaningless, an IP, most likely dynamic, possibly in Kansas is mining bitcoins, are we supposed to care?

minternj
Sr. Member
****
Offline Offline

Activity: 434


View Profile
May 14, 2013, 05:03:24 AM
 #27

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for EVERYONE.




Seems like the Chinese have won the Asic arms race.

Edit: fixed it for ya. Stop fixating on BFL.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
Nemesis
Sr. Member
****
Offline Offline

Activity: 462


View Profile
May 14, 2013, 05:04:46 AM
 #28


The first link is the whois of the ip in the Connected-Nodes of a person in Kansas. When you Google BFL's address you get the exact location for both on the map. The globe shows someone with massive Hashing power in Kansas. Its either ASICMINER, BFL or an unknown miner. Pick one.

Fcking... noobs, please... tinfoi hat is so.... outdated.

iikun
Legendary
*
Offline Offline

Activity: 1026


View Profile
May 14, 2013, 05:33:56 AM
 #29

I'm sure if it were BFL there would be a huge announcement by Josh that he'd ordered 15 UPS/DHL delivery trucks to descend on their premises like a swarm of killer bees to get their products out to the customers that they care so dearly about.

My money is on Asicminer
PeZ
Sr. Member
****
Offline Offline

Activity: 241


View Profile
May 14, 2013, 06:40:02 AM
 #30

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.
Yep...centralizing a currency that was suppose to be decentralized. Can only lead to disaster.
tvbcof
Legendary
*
Offline Offline

Activity: 2352


View Profile
May 14, 2013, 06:47:21 AM
 #31

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.
Yep...centralizing a currency that was suppose to be decentralized. Can only lead to disaster.

~friedcat make some noise about being sensitive to the issue as one justification for releasing his 130 nm chips into the wild.  Through gear which is optimally priced of course...that's capitalism for ya.

Then of course Avalon is also talking about letting go half a million of their 110 nm chips in raw form, and with enough documentation to get them hashing readily.

Any problem of this nature would seem to be destined to be a transient issue at worst.


organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2044


Poor impulse control.


View Profile WWW
May 14, 2013, 07:43:37 AM
 #32

This was the latest asicminer update
Quote
Wednesday Dividend Update -- 8 May 2013

For the week 1-8 May 2013, the dividend was 0.01108519 BTC per share.

Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.

The latest news up to 8 May 2013.
> 200 TH/s has been ordered for 2-3mo deployment timeframe.
> USB devices fully tested, 10,000 units ready for order at 1.99 BTC each.
> Block Erupter sales have produced an average of 50 BTC per unit, or a total of ~2500 BTC in the latest auction.
> If 10 TH/s is sold as planned in Block Erupter auctions at 50 BTC per 10 GH/s unit, Bitfountain will receive 50000 BTC, which is a healthy 0.125 BTC per share in dividends.
> 50 TH/s is estimated to be fully deployed by June of this year.

They tested 10,000 usb units! Tested = mining.  Deploying 50TH by june! Its already 2nd week of may. Guestimating half of 50TH was deployed. 200TH more deploying in 2 months. Again, why the need to guess who brought the TH, its in frggin black and white.

Why do you think any manufacturer would test on mainnet? AFAIK they'd be testing on testnet. That's what it's for.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
erk
Hero Member
*****
Offline Offline

Activity: 700


View Profile
May 14, 2013, 07:47:54 AM
 #33

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.
Yep...centralizing a currency that was suppose to be decentralized. Can only lead to disaster.

At some point if they keep adding 4-7TH/s per week, ASICMINER will be the only ones left mining Bitcoins except for a few stragglers that don't realize they are burning money via power for nothing because of the unmatchable growth in difficulty.

Can ASICMINER's business plan survive on transaction fees alone? As they will be pretty much the only ones creating new blocks to carry transactions.







conv3rsion
Sr. Member
****
Offline Offline

Activity: 307


View Profile
May 14, 2013, 08:26:01 AM
 #34

It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.
Yep...centralizing a currency that was suppose to be decentralized. Can only lead to disaster.

At some point if they keep adding 4-7TH/s per week, ASICMINER will be the only ones left mining Bitcoins except for a few stragglers that don't realize they are burning money via power for nothing because of the unmatchable growth in difficulty.

Can ASICMINER's business plan survive on transaction fees alone? As they will be pretty much the only ones creating new blocks to carry transactions.



Or, since they are very smart, they can grow to 30-40% of the network, and sell remaining inventory at optimal profits, thus ensuring they can stay at 30-40% of the network indefinitely.
shapemaker
Full Member
***
Offline Offline

Activity: 238


I run Linux on my abacus.


View Profile
May 14, 2013, 10:07:29 AM
 #35

Why do you think any manufacturer would test on mainnet? AFAIK they'd be testing on testnet. That's what it's for.

Testnet = no profits.
Mainnet = PROFIT!!

Nuff said.

Shut up and give me money: 115UAYWLPTcRQ2hrT7VNo84SSFE5nT5ozo
erk
Hero Member
*****
Offline Offline

Activity: 700


View Profile
May 14, 2013, 10:15:53 AM
 #36

Why do you think any manufacturer would test on mainnet? AFAIK they'd be testing on testnet. That's what it's for.

Testnet = no profits.
Mainnet = PROFIT!!

Nuff said.

And the Testnet is for testing software not hardware.

I seen nothing wrong with leaving the prototypes running on the real net.

shapemaker
Full Member
***
Offline Offline

Activity: 238


I run Linux on my abacus.


View Profile
May 14, 2013, 10:34:58 AM
 #37

Or, since they are very smart, they can grow to 30-40% of the network, and sell remaining inventory at optimal profits, thus ensuring they can stay at 30-40% of the network indefinitely.

The problem with ASICMINER is they're too greedy. They try to squeeze all profit from both ends, leaving nothing for the buyers of their hardware. Well, the sooner we have real alternatives the better. I certainly hope they don't pull any stupid stunts with hashrate, though...

AVALON, you listening?? Start friggin' shipping batches 2 and 3, and the chips PRONTO!

Shut up and give me money: 115UAYWLPTcRQ2hrT7VNo84SSFE5nT5ozo
erk
Hero Member
*****
Offline Offline

Activity: 700


View Profile
May 14, 2013, 10:39:27 AM
 #38

Or, since they are very smart, they can grow to 30-40% of the network, and sell remaining inventory at optimal profits, thus ensuring they can stay at 30-40% of the network indefinitely.

The problem with ASICMINER is they're too greedy. They try to squeeze all profit from both ends, leaving nothing for the buyers of their hardware. Well, the sooner we have real alternatives the better. I certainly hope they don't pull any stupid stunts with hashrate, though...

AVALON, you listening?? Start friggin' shipping batches 2 and 3, and the chips PRONTO!
Yeah, those little USB stick things are a total ripoff, worth maybe a bit less than 1BTC atm. Like I wouldn't pay over $100 USD for one, the hash rate isn't good enough. A cheap video card can do more than 300 MH/s and there is a lot more parts/workmanship in a video card that's for sure!



Rampion
Legendary
*
Offline Offline

Activity: 1120


View Profile
May 14, 2013, 10:45:22 AM
 #39

I should have bought ASICMINER shares when I was offered them at 0.3BTC

But yeah, hindsight is 20/20 Cheesy

meowmeowbrowncow
Sr. Member
****
Offline Offline

Activity: 322



View Profile
May 14, 2013, 11:35:42 AM
 #40

I should have bought ASICMINER shares when I was offered them at 0.3BTC

But yeah, hindsight is 20/20 Cheesy



Yep, ASICMiner.  It was a beauty of an investment....awhile back.


Maybe Bitfury will provide some balance with his "0.7 W per GH" chip.  If it ever materializes.

"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!