Bitcoin Forum
December 04, 2016, 06:37:56 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Network hash total at 14 Thash/s ? (sudden huge increase)  (Read 8485 times)
lacedwithkerosene
Member
**
Offline Offline

Activity: 112


View Profile WWW
June 22, 2011, 01:41:09 AM
 #1

Anyone buying that figure? It was just at ~10 Thash/s, and it would take a ton of new miners online to cause it to jump so much in a day.
And the difficulty rate changed days ago, so it's not skewed from that. What's up?

1480876676
Hero Member
*
Offline Offline

Posts: 1480876676

View Profile Personal Message (Offline)

Ignore
1480876676
Reply with quote  #2

1480876676
Report to moderator
1480876676
Hero Member
*
Offline Offline

Posts: 1480876676

View Profile Personal Message (Offline)

Ignore
1480876676
Reply with quote  #2

1480876676
Report to moderator
1480876676
Hero Member
*
Offline Offline

Posts: 1480876676

View Profile Personal Message (Offline)

Ignore
1480876676
Reply with quote  #2

1480876676
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480876676
Hero Member
*
Offline Offline

Posts: 1480876676

View Profile Personal Message (Offline)

Ignore
1480876676
Reply with quote  #2

1480876676
Report to moderator
1480876676
Hero Member
*
Offline Offline

Posts: 1480876676

View Profile Personal Message (Offline)

Ignore
1480876676
Reply with quote  #2

1480876676
Report to moderator
wolftaur
Member
**
Offline Offline

Activity: 112


View Profile
June 22, 2011, 01:59:54 AM
 #2

Someone at Nintendo decided to see if the Wii U could handle poclbm.

(Sorry, couldn't resist...)

"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"
Lupus_Yonderboy
Full Member
***
Offline Offline

Activity: 153



View Profile
June 22, 2011, 02:11:51 AM
 #3

21 blocks in the last hour alone. Holy f'n Christ on a cracker. Guess someone finally got their ASICs (or fpgas) online. If this rate is sustained, next difficulty jump will be in ~ 28 hours, and is probably going to be a helluva lot more than 40%.

Of course this could just be normal variance as well. We'll know in a few hours.
phillipsjk
Legendary
*
Offline Offline

Activity: 1008

Let the chips fall where they may.


View Profile WWW
June 22, 2011, 02:13:56 AM
 #4

The standard answer I have seen is that the Statistics go out of whack briefly when the difficulty goes up. Presumably the calculation assumes that all previous (N) blocks were of the same difficulty.

Edit: I stand corrected.

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
chihlidog
Newbie
*
Offline Offline

Activity: 28


View Profile
June 22, 2011, 02:14:02 AM
 #5

Newegg got a very large shipment of 5830s in last week. I got mine today, likely a lot of other people did as well. Could partly explain it.

Im not sure why anyone would want to, but just in case, I humbly and very gratefully accept donations at: 1Kn6NFFE4EqrhN1pgBDoBQEvSA5c3tdqhi
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:15:20 AM
 #6

The standard answer I have seen is that the Statistics go out of whack briefly when the difficulty goes up. Presumably the calculation assumes that all previous (N) blocks were of the same difficulty.

Edit: I stand corrected.


The difficulty didn't go up today or yesterday though, right?
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:18:32 AM
 #7

132455    fa45f9c5a0...    2011-06-22 01:59:25    2    50.04    0.475
132454    11ccc6ea9f...    2011-06-22 01:59:26    6    101.84490476    1.683
132453    f7b5cdd118...    2011-06-22 01:59:01    12    2459.8651006    3.052
132452    2141aee3d4...    2011-06-22 01:57:46    12    1478.97003205    7.607
132451    b6f33bbe9a...    2011-06-22 01:56:50    63    8860.69752652    36.156
132450    12adec0af6...    2011-06-22 01:54:06    8    1709.7656206    5.983
132449    e341a055cd...    2011-06-22 01:52:09    38    95979.39928296    10.751

LOL!  Grin

Did something break? lol.
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672


View Profile
June 22, 2011, 02:20:56 AM
 #8

Did something break? lol.

I think the better question might be, is anything still working?   Wink

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:22:03 AM
 #9

I think a time traveler from 2028 brought his new PS8 and plugged it in.
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:24:23 AM
 #10

Why are there no more for the last 30 minutes, according to that site? Am I missing something?

edit:

2 just appeared but there is still a big gap.
imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:26:49 AM
 #11

He keeps blowing circuits and running to a new outlet to try.

Maybe he's on 56k and his mom had to use the phone.
Lupus_Yonderboy
Full Member
***
Offline Offline

Activity: 153



View Profile
June 22, 2011, 02:32:05 AM
 #12

hmmm 13 blocks (13433-13455) over a period of exactly 30 minutes (01:29-01:59)...Curiouser and curiouser.
cottoneyeJoe
Member
**
Offline Offline

Activity: 91


View Profile
June 22, 2011, 02:35:32 AM
 #13

I think it just became self aware!
relmeas
Full Member
***
Offline Offline

Activity: 125


View Profile
June 22, 2011, 02:35:49 AM
 #14

love those 50 BTC blocks.

it could be a supercomputer lending some its time for BTC mining or maybe someone knows something.....
pokwer
Jr. Member
*
Offline Offline

Activity: 36


View Profile
June 22, 2011, 02:39:49 AM
 #15

This is probably really stupid even wondering this but I thought I'd mention it anyway.  I saw this on youtube yesterday: http://www.youtube.com/watch?v=eNcOcan1B2c.  I flagged it as spam/scam because... well, duh.  Surely it's not true...Huh!!?!  Roll Eyes
giszmo
Legendary
*
Offline Offline

Activity: 1568


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
June 22, 2011, 02:40:53 AM
 #16

crazy shit! btc is exciting.

Samantha2011
Newbie
*
Offline Offline

Activity: 14


View Profile
June 22, 2011, 02:48:13 AM
 #17

uh-oh

Obligatory begging address:

1F6aMYyqy95itC88okx85FXwPvuQref8ZF
tito13kfm
Jr. Member
*
Offline Offline

Activity: 42



View Profile
June 22, 2011, 02:55:22 AM
 #18

Does nobody understand statistics and probabilities here?

Would you say a roulette wheel was rigged if it came up black 10 times in a row?  Even worse, would you bet heavily on red for the next spin?

Every single block generation is a separate occurrence, estimates of total hashing speed are based on a very simple formula for average time to solve a block over X number of blocks vs current difficulty.  A lucky string or two of quickly solved blocks will make it look like hashing power went through the roof.  An unlucky string of blocks taking an hour to solve would make it look like hashing power dropped off considerably.

imperi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 22, 2011, 02:57:06 AM
 #19

Does nobody understand statistics and probabilities here?

Would you say a roulette wheel was rigged if it came up black 10 times in a row?  Even worse, would you bet heavily on red for the next spin?

Every single block generation is a separate occurrence, estimates of total hashing speed are based on a very simple formula for average time to solve a block over X number of blocks vs current difficulty.  A lucky string or two of quickly solved blocks will make it look like hashing power went through the roof.  An unlucky string of blocks taking an hour to solve would make it look like hashing power dropped off considerably.

I would say it is rigged if someone empties the casino and a couple day later the roulette wheel 'coincidentally' comes up black a highly unusual number of times in a row.
IlbiStarz
Full Member
***
Offline Offline

Activity: 224


View Profile
June 22, 2011, 03:01:53 AM
 #20

It's most likely not actually 14 terahashes. Bitcoincharts says it is 14 terahashes due to those 7 blocks found in like 10 minutes. The number on the site is just an estimate, if 100 blocks were solved in the next minuted, the estimate would be like over 100terahashes. It sucks that we don't have a way to actually calculate the REAL hash rate of the whole network Sad

It's better to be pissed off, than to be pissed on.
BTC : 1UgM1rqL9mFtH4PHF8TgvAaceymaKmhmP         LTC : LgCGw2WrRphr94RYS1qXHj2PUuYrTap4vk
FC : 6jc9PEmqxpMSxydfepHtshE4f2jMom1dAJ
Pages: [1] 2 »  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!