Bitcoin Forum
October 20, 2018, 04:27:49 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: Lots of new GPU miners since January  (Read 1593 times)
Offline Offline

Activity: 2058
Merit: 1000

Poor impulse control.

View Profile WWW
May 14, 2013, 02:33:30 PM

I just posted an update to the two previous Miner hashrate posts, 12.1 The pre-ASIC network hashrate distribution and 12.2 Pool and network miner hashrate distributions. I've added a couple of charts and a table, showing how various hashrate user accounts have changed over time.

I thought the most interesting result was the fact that even the number of low hashrate user accounts has increased significantly:

  • 0.1 Ghps bin has increased by a total of 330 Ghps
  • 1 Ghps bin has increased by a total of 3000 Ghps
  • 10 Ghps bin has increased by a total of 2700 Ghps
  • 100 Ghps bin has increased by a total of is 13000 Ghps
  • 1000 Ghps bin has increased by a total of is 18800 Ghps
  • 10000 Ghps bin has increased by a total of is 29000 Ghps

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
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.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Hero Member
Offline Offline

Posts: 1540052869

View Profile Personal Message (Offline)

Reply with quote  #2

Report to moderator
Sr. Member
Offline Offline

Activity: 448
Merit: 250

View Profile
May 14, 2013, 04:26:55 PM

The BTC at 260 sure created a few "jobs".

I'd be interested to have a look back in a month or so when the BTC price will have stabilized, see if they're still mining with the increased difficulty.

Do you think there is a way to find out after how long they might drop out?

“In Putin’s Russia bitcoin exchanges you.” -
List of major BTC scams
Bitstamp "no transfer" banks/countries list:
Offline Offline

Activity: 48
Merit: 0

View Profile
May 16, 2013, 03:28:59 AM

Thanks for your ongoing insight. I enjoy reading your blog very much.
Pages: [1]
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!