Big waves on public pools

[weetah]

Does anybody know what sort of hardware makes these waves? It occurs in equal 2 hour intervals, goes very high in peaks, up to 0.5 TH/s, but averaging at around 150 GH/s. Since this it ethereum mining, I wonder if maybe somebody made some kind of dedicated machine for this. Otherwise, to achieve that average (not the high peaks), you need around 5-7000 graphic cards. And what makes those waves? Somebody turning another 15.000 cards on and off in equal 2 hour intervals?

https://i.imgur.com/lsa3LiF.png

[1714047828]

1714047828

[1714047828]

1714047828

[1714047828]

1714047828

[KiwiMining]

Pool statistics are not 100% accurate so there will be many factors involved... doesn't look bad to me though.

[weetah]

With all do respect, I think I have a pretty good picture of how the pool statistics work and what it shows. Something is fishy there, no doubt about it.

[felixbrucker]

to me this seems like a rental service like nicehash:

- 2 connected workers, all the time
- big hash, but not continuous (others taking over your hash with higher priced orders)

ofc it could be other things as well

[QuintLeo]

Does anybody know what sort of hardware makes these waves? It occurs in equal 2 hour intervals, goes very high in peaks, up to 0.5 TH/s, but averaging at around 150 GH/s. Since this it ethereum mining, I wonder if maybe somebody made some kind of dedicated machine for this. Otherwise, to achieve that average (not the high peaks), you need around 5-7000 graphic cards. And what makes those waves? Somebody turning another 15.000 cards on and off in equal 2 hour intervals?

 The waves are NOT equal.
 They looks like someone pointing Nicehash hashrate at that pool.

[joblo]

The waves are petty regular, don't usually see that from Nicehash. Maybe some other rental
with a schedule.

[Za1n]

It is probably either rental hashrate as others have suggested or even a large farm pointing its hashrate at the most lucrative coin or pool at any given time. I have heard some of the largest farms use proprietary algorithms to real-time calculate the best use of their hash-power.

Since their huge hashrates allow them to mine enough coins in a short enough time-frame, say 1 hour to mine a sizeable amount of coins to exchange say ~4 ETH/hr, they can employ mining and trading strategies that wouldn't make sense for most smaller miners who might only get paid once per day or even once per every few days.