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

[owsleybeatsbigcartel]

maybe its a huge botnet ?

a isomething virus! *noiceeee

[tokeweed]

it is steve jobs reincarnated.

[owsleybeatsbigcartel]

it is steve jobs reincarnated.

ha can't wait to run scrypt on my WATCH! LOL

[crazy_rabbit]

It's the future. Larger corporations moving into bitcoin mining.

[tinus42]

By this graph the big miner in Japan seen last week is gone:

http://blockchain.info/nodes-globe?series=topBlockRelay

But now we see new miners in Shanghai, and that island is Taiwan(where chips are made)(https://bitcointalk.org/index.php?topic=228677.0)

Who is that huge orange spike in Germany? 

[aynstein]

it was meant to be funny jjeeeeez

[Dougie]

it was meant to be funny jjeeeeez

I did find it funny! That's not to say it isn't weird.

Also I can't get webGL but isn't that just a node tinus42? So it may not be mining it might just be a really well connected node in a data centre or something. I could be wrong.

[Amph]

it's him

[Trongersoll]

it's him

Red X?

[frott]

By this graph the big miner in Japan seen last week is gone:

http://blockchain.info/nodes-globe?series=topBlockRelay

But now we see new miners in Shanghai, and that island is Taiwan(where chips are made)(https://bitcointalk.org/index.php?topic=228677.0)

Who is that huge orange spike in Germany?  

i believe that's satoshidice?

[chriswilmer]

4000 bitcoins and counting... 

[EscrowBTC]

Damn!

That's what I call mining

[artiqvae]

these people are probably raising the difficulty of mining single handedly.

[freedomno1]

Who are you mysterious entity

[AKCoins]

There are lots of major players moving into Bitcoin mining with serious money and serious equipment. Many industry leaders from finance to computer science.

I just read this news of a Private Equity firm investing $200 million into Bitcoin mining. Here is the full story:
http://www.efinancialnews.com/story/2013-08-05/bitcoin-gold-rush-heats-up-with-private-equity-deal

Bitcoin mining is about to get much more competitive over the next few years.

[elor70]

Wow.... These guys are rich mochos

[wopwop]

Not rich until they got it converted to some hard USD

Now theyre just holding a hot potatoe

[madmadmax]

Not rich until they got it converted to some hard USD

Now theyre just holding a hot potatoe

Are you retarded? I mean I could understand converting it to Norweigian Krone or Singaporian dollars, maybe even gold or other "real" currency, BUT USD? LEWL, keep your fancy toilet paper to yourself.

[QuestionAuthority]

Not rich until they got it converted to some hard USD

Now theyre just holding a hot potatoe

Are you retarded? I mean I could understand converting it to Norweigian Krone or Singaporian dollars, maybe even gold or other "real" currency, BUT USD? LEWL, keep your fancy toilet paper to yourself.

http://online.wsj.com/article/SB10001424052748703313304576132170181013248.html

[threeip]

There are lots of major players moving into Bitcoin mining with serious money and serious equipment. Many industry leaders from finance to computer science.

I just read this news of a Private Equity firm investing $200 million into Bitcoin mining. Here is the full story:
http://www.efinancialnews.com/story/2013-08-05/bitcoin-gold-rush-heats-up-with-private-equity-deal

Bitcoin mining is about to get much more competitive over the next few years.

Correction
05 Aug 2013
Investor Joe Lewis isn’t investing in a bitcoin venture called Avalon and doesn’t lead a Zurich-based private-equity fund called the Phoenix Fund. An article on the supposed investment was inaccurately published and has been removed.

So much chaff, so little wheat.