Bitcoin is becoming a black hole

[Come-from-Beyond]

As u probably know, a black hole is a star with gravity that prevents light from escaping. Today I noticed a similar effect during downloading Bitcoin blockchain. 

I was downloading the blockchain on a low-end computer, it had already taken a couple of weeks. Yesterday I checked the progress bar and saw "17 weeks behind". Today I connected to the computer and saw "18 weeks behind"! It seems to me that my computer downloads/verifies blocks at the rate that is lower than the rate they are mined. I believe I would outpace the generation rate but advent of ASICs made the situation worse and now I have to switch to a more powerful computer. Anyway, it's a funny situation.

[pinger]

Check your AV, I had problems with avast. Just turned off for the update, and it started downloading lots faster. Maybe is your problem too?

[Come-from-Beyond]

Check your AV, I had problems with avast. Just turned off for the update, and it started downloading lots faster. Maybe is your problem too?

No. There is only Windows and Bitcoin on this computer. I suspect that was a bad choice to launch full client on a netbook.

[Gabi]

I believe I would outpace the generation rate but advent of ASICs made the situation worse and now I have to switch to a more powerful computer

No wonder your ignore button is orange, i understand why people put you in ignore after reading idiocies like that  

For new people: the number of transactions is why the most recent blocks takes longer to get rather than the earlier one. Teleport an ASIC back in 2010, when blocks had 1 transaction, and their weight would be the same.

Check your AV, I had problems with avast.

I have avast and i have no problems with Bitcoin Qt

[Come-from-Beyond]

I believe I would outpace the generation rate but advent of ASICs made the situation worse and now I have to switch to a more powerful computer

No wonder your ignore button is orange, i understand why people put you in ignore after reading idiocies like that  

Hehe. Personal insult is the most popular argument on this site. Sorry if I disturbed u in ur pink peaceful world, feel free to press [Ignore] button.

[Come-from-Beyond]

Download the blockchain by torrent. Much much faster.

http://thepiratebay.sx/torrent/8906415/bootstrap.dat_-_Bitcoin_Blockchain___250000

This computer was supposed to be used as a semi-cold wallet, if it's unable to handle new blocks then it's better to use another one.

[Dabs]

No. There is only Windows and Bitcoin on this computer. I suspect that was a bad choice to launch full client on a netbook.

What version of Windows? Maybe it's slow with Win 7, but faster with Win XP.

[pinger]

I believe I would outpace the generation rate but advent of ASICs made the situation worse and now I have to switch to a more powerful computer

No wonder your ignore button is orange, i understand why people put you in ignore after reading idiocies like that  

For new people: the number of transactions is why the most recent blocks takes longer to get rather than the earlier one. Teleport an ASIC back in 2010, when blocks had 1 transaction, and their weight would be the same.

Check your AV, I had problems with avast.

I have avast and i have no problems with Bitcoin Qt

At least with Mac version, I had problems.

[Come-from-Beyond]

For new people: the number of transactions is why the most recent blocks takes longer to get rather than the earlier one. Teleport an ASIC back in 2010, when blocks had 1 transaction, and their weight would be the same.

Oh, didn't notice this sentence.

For new people: Right now ASICs mine blocks 40% faster (7 min instead of 10), if u teleported an ASIC back in 2010 then we would spend 30% more time to download and validate the blockchain.

[Come-from-Beyond]

No. There is only Windows and Bitcoin on this computer. I suspect that was a bad choice to launch full client on a netbook.

What version of Windows? Maybe it's slow with Win 7, but faster with Win XP.

WinXP, Intel Atom 1 GHz, 1 GB RAM, not sure if HDD is 5400 or 7200 rpm.

[medicine]

My 2008 macbook pro is also very slow to the point where I wouldn't download the block chain through the QT client again.  I would just go the torrent root.
I think mine took around 10 days or so.  Luckily re-indexing only takes 3 days.  Still long.

Anyone have an estimate with a 2013 macbook pro?  I may upgrade sometime in the next 6 months.
Peace

[Phinnaeus Gage]

Is there a market for laptops preinstalled with the blockchain? Something for somebody to think about. Ironically, even with the hardware in stock, it would still take at least two weeks to take delivery.

[cmg5461]

Is there a market for laptops preinstalled with the blockchain? Something for somebody to think about. Ironically, even with the hardware in stock, it would still take at least two weeks to take delivery.

or you could anticipate and pre-load it onto the computer before they order..

[Come-from-Beyond]

To pre-install the blockchain is not a problem, the problem is that a computer must be powerful enough to be able to outpace freshly mined blocks (black hole effect). I see "17 weeks behind" now and curious what will see tomorrow - 16 or 18...

[Gabi]

For new people: the number of transactions is why the most recent blocks takes longer to get rather than the earlier one. Teleport an ASIC back in 2010, when blocks had 1 transaction, and their weight would be the same.

Oh, didn't notice this sentence.

For new people: Right now ASICs mine blocks 40% faster (7 min instead of 10), if u teleported an ASIC back in 2010 then we would spend 30% more time to download and validate the blockchain.

False, the weight of a block depends on the transactions inside it. A block with 1 transactions weight only few KB. If blocks now are mined faster then each block will contain less transactions. The problem about getting the chain is the number of transactions, not of blocks

[arruah]

use electrum

[Come-from-Beyond]

False, the weight of a block depends on the transactions inside it. A block with 1 transactions weight only few KB. If blocks now are mined faster then each block will contain less transactions. The problem about getting the chain is the number of transactions, not of blocks

Well, it depends on what part of a computer system is a bottleneck - bandwidth, CPU or storage. U seem to talk about bandwidth, it's not a problem in my case.

[Come-from-Beyond]

use electrum

I had a bad experience with Blockchain.Info API, so I don't trust services on the Internet. Local full client is the only option.

[Remember remember the 5th of November]

As u probably know, a black hole is a star with gravity that prevents light from escaping. Today I noticed a similar effect during downloading Bitcoin blockchain. 

It's a star that has collapsed on itself.

[Come-from-Beyond]

As u probably know, a black hole is a star with gravity that prevents light from escaping. Today I noticed a similar effect during downloading Bitcoin blockchain. 

It's a star that has collapsed on itself.

Hahaha, it has reminded me "SolidCoin: Ready for BitCoin Collapse" article. That guy predicted the future!