Large bitcoin mining farm mining 4 blocks a day having made 1600BTC

[Dougie]

I just wondered if anyone had noticed that a lot of the blocks that are relayed through various ip address nodes are actually being mined by the same user:

1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f

If you have a look they have a lot of bitcoins already and are generating around 4 blocks a day.

Anyone have any idea who this is? More ASIC developers but this time they are keeping them all for themselves?

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[GenTarkin]

wtf?! - insane!

[silvercoins]

They've got 6+ blocks today alone!

Holy shit.

BFL.

[YipYip]

They've got 6+ blocks today alone!

Holy shit.

BFL.

Of course it is BFL ...These are the monsters that we have created!!!!!!!!!!

U WIll never get the equipment until they have mined the living fuck out out of them !!!!

[dan99]

They've got 6+ blocks today alone!

Holy shit.

BFL.

Of course it is BFL ...These are the monsters that we have created!!!!!!!!!!

U WIll never get the equipment until they have mined the living fuck out out of them !!!!

Very likely Josh need to mined, because his coffers is running dry.. BFL

[erk]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

[dmcdad]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

[erk]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

Nonsense,  it could be just plain luck, it's certainly a pool with some hashing power.

If you bothered to check the IP where the blocks were generated you will see they were from all over the word.

[dmcdad]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

Nonsense,  it could be just plain luck, it's certainly a pool with some hashing power.

If you bothered to check the IP where the blocks were generated you will see they were from all over the word.

IP addresses mean next to nothing. If it were really a mining pool of multiple individuals do you think it would really have USD$200K of undistributed funds in it? That address has never had a draw from it.

My point is: whoever it is (entity or individuals), they have some serious hashing power. This isn't some teenager with a couple of Avalons in his Mom's basement that has gotten lucky the last several days in a row.

[erk]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

Nonsense,  it could be just plain luck, it's certainly a pool with some hashing power.

If you bothered to check the IP where the blocks were generated you will see they were from all over the word.

IP addresses mean next to nothing. If it were really a mining pool of multiple individuals do you think it would really have USD$200K of undistributed funds in it? That address has never had a draw from it.

My point is: whoever it is (entity or individuals), they have some serious hashing power. This isn't some teenager with a couple of Avalons in his Mom's basement that has gotten lucky the last several days in a row.

Teenagers can't afford Avalons, and it's clearly a pool not a single location, so you don't know how many mining rigs of what size are involved, so everything is pure speculation.

[dmcdad]

Right. That is exactly what I said in my first post.

[Dougie]

You can't be lucky for a month. A pool wouldn't have all the funds in one address. The IPs it's coming through don't mean that it's a pool, just that various nodes are sending the confirmed block to blockchain.info rather than the miner.

[erk]

You can't be lucky for a month. A pool wouldn't have all the funds in one address. The IPs it's coming through don't mean that it's a pool, just that various nodes are sending the confirmed block to blockchain.info rather than the miner.

Of course they do, how do you think ozco.in lost all it's pool funds back in April, someone stole the wallet.dat

[Dougie]

You can't be lucky for a month. A pool wouldn't have all the funds in one address. The IPs it's coming through don't mean that it's a pool, just that various nodes are sending the confirmed block to blockchain.info rather than the miner.

Of course they do, how do you think ozco.in lost all it's pool funds back in April, someone stole the wallet.dat

How do they pay their miners then?! They surely have to have transactions going out too. Maybe all the miners are just being really altruistic!

[erk]

You can't be lucky for a month. A pool wouldn't have all the funds in one address. The IPs it's coming through don't mean that it's a pool, just that various nodes are sending the confirmed block to blockchain.info rather than the miner.

Of course they do, how do you think ozco.in lost all it's pool funds back in April, someone stole the wallet.dat

How do they pay their miners then?! They surely have to have transactions going out too. Maybe all the miners are just being really altruistic!

Of course there is eventually outgoing transaction, what would be the point of just having BTC sitting there?

[ujka]

Speculative nonsense, how much do you think someone with a few Avalon boxes and a bit of luck could do?

I agree it is totally speculative to claim it is BFL, but it is more than a few Avalon boxes. Based on the rate they are hashing, if they are using Avalon boxes it would be between 50 and 100 of them.

Nonsense,  it could be just plain luck, it's certainly a pool with some hashing power.

If you bothered to check the IP where the blocks were generated you will see they were from all over the word.

Today it's only one IP: 98.246.202.92, with 4 mined blocks going to the same address 1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f and that address is holding 2,045.00200351 BTC!
Oregon?

[r3wt]

call me naive but is this really even possible? 1600 btc?

edit: maybe i read that wrong. it was unclear what you meant by "already making 1600 btc"

[ujka]

call me naive but is this really even possible? 1600 btc?

edit: maybe i read that wrong. it was unclear what you meant by "already making 1600 btc"

Look under the 'Final balance':
http://blockchain.info/address/1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f

No outgoing transactions, only new mined blocks.

[Dougie]

Today it's only one IP: 98.246.202.92, with 4 mined blocks going to the same address 1BxD2VLE95n7ZeVJSy3uoiJ5WdR72jWj5f and that address is holding 2,045.00200351 BTC!
Oregon?

And then 2 from the same address in LA. Interesting. I wonder if they are purposefully blocking blockchain.info from connecting to them so that their location is obscured.

[k9quaint]

4 blocks a day would be 100 BTC which would need roughly 3TH/s at the current difficulty to generate (or 2.2TH/s a month ago).
If it was BFL, that would require them to be running 600 Jalapeno's. It wouldn't be singles or mini-rigs since those are still in development and this has been going on for a while. Although, it did start in early April which is about when BFL first had working units...

40-50 Avalons could do it, but who has that many units hashing? Avalon "burnin" mining?

ASICMiner or BFL if I had to bet on somebody.