masterluc (OP)
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Activity: 938
Merit: 1013
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September 14, 2013, 08:03:20 PM |
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Network total 1045.173 Thash/s  |
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BitAddict
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Activity: 1190
Merit: 1001
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September 14, 2013, 08:10:14 PM |
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pedrog
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Activity: 2786
Merit: 1031
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September 14, 2013, 11:38:20 PM |
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Congratulations to Bitcoin Network!
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pedrog
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Activity: 2786
Merit: 1031
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September 15, 2013, 12:02:31 AM |
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Congratulations to Bitcoin Network!
your kidding right? there are only going to be 3 or 4 big players left in the mining field by january It's a free market, very difficult to predict. |
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millsdmb
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September 15, 2013, 12:03:41 AM |
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my bfgminer says 113M  |
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BitAddict
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Activity: 1190
Merit: 1001
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September 15, 2013, 01:42:36 AM |
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my bfgminer says 113M That's the difficulty, is not the same than total bitcoin mining speed. |
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Amph
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Activity: 3248
Merit: 1070
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September 15, 2013, 09:27:15 AM |
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gogo to exa now!
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smoothie
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Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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September 15, 2013, 07:19:34 PM |
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 Next stop Exahash!
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██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─
▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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eleuthria
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Activity: 1750
Merit: 1007
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September 15, 2013, 07:21:37 PM |
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Anyone know where this power is coming from? BTC Guild and Eligius are pretty much unchanged from yesterday.
Network hash rate estimates are based on block solve times, which are heavily influenced by luck (variance). For the last 20 hours, BTC Guild has been running at 140~170% luck, meaning the network hash rate estimates are being inflated by ~175 TH/s just from BTC Guild's luck. |
RIP BTC Guild, April 2011 - June 2015
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mootinator
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September 15, 2013, 08:41:19 PM |
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Congratulations to Bitcoin Network!
your kidding right? there are only going to be 3 or 4 big players left in the mining field by january This is the biggest fallacy ever. If enough individuals buy a few GH/s each we'll get rid of big players entirely. They stand the most to lose. They're the most exposed to the risk. Who's going to take equipment down first? The guy losing $1000/month on power or the guy losing $1.80/month on power? |
No
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byteminr
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September 17, 2013, 03:04:32 PM |
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Congratulations to Bitcoin Network!
your kidding right? there are only going to be 3 or 4 big players left in the mining field by january This is the biggest fallacy ever. If enough individuals buy a few GH/s each we'll get rid of big players entirely. They stand the most to lose. They're the most exposed to the risk. Who's going to take equipment down first? The guy losing $1000/month on power or the guy losing $1.80/month on power? I agree with you, which is why we setup www.byteminr.com. Mining can easily stay distributed while companies like ours find a way to exist and resist the large corporate mining farms that are being setup. Keep the network distributed and mine a few coins on platforms like ours - a true virtual rig service where we share the risk/reward equation with our customers as fairly as we can. |
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lajz99
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September 18, 2013, 12:08:36 AM |
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Congratulations to Bitcoin Network!
your kidding right? there are only going to be 3 or 4 big players left in the mining field by january This is the biggest fallacy ever. If enough individuals buy a few GH/s each we'll get rid of big players entirely. They stand the most to lose. They're the most exposed to the risk. Who's going to take equipment down first? The guy losing $1000/month on power or the guy losing $1.80/month on power? I agree with you, which is why we setup www.byteminr.com. Mining can easily stay distributed while companies like ours find a way to exist and resist the large corporate mining farms that are being setup. Keep the network distributed and mine a few coins on platforms like ours - a true virtual rig service where we share the risk/reward equation with our customers as fairly as we can. But, your prices are absurd. |
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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September 18, 2013, 01:58:30 AM |
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Perhaps we could make this thread useful: How to estimate future difficulty? Hash rate growth has been exponential, a straight line on a log chart, since June. That can't last, since ASICs don't reproduce, but the number of fabs cranking out ASICs has increased continuously this year, and the rate of increase is increasing. I suspect it will top out with Gold Strike. Then the capacity coming online should grow linearly, with a possibly step-wise chunkiness until immature channels smooth out their flow. But how fast will it be growing?
I know that a January Cointerra IV order placed last week was #888, but I have no insight into the unit counts that will be delivered by BitFury, KNC or HashFast in the meantime. Does anyone have any useful data points or factoids on this front?
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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byteminr
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September 19, 2013, 11:15:45 AM |
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But, your prices are absurd.
Wow, that's quite strong, care to elaborate? |
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Puppet
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Activity: 980
Merit: 1040
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September 19, 2013, 01:38:23 PM |
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Network hash rate estimates are based on block solve times, which are heavily influenced by luck (variance). For the last 20 hours, BTC Guild has been running at 140~170% luck, meaning the network hash rate estimates are being inflated by ~175 TH/s just from BTC Guild's luck.
You are correct of course, but it doesnt look like a statistical fluke September 14 1045 PH September 19 1137 PH Next difficulty estimate: Next 25/09/2013 08:21 260064 152 214 796 x1.35  Fasten your seatbelts, while I think it will start a bit later than most people expect, this party clearly hasnt even started yet  |
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