27% difficulty jump - Manufacturers "testing"?

[2tights]

How likely is it that the quick increase in network hash rate is related to the ASIC manufacturers getting their new hardware online while they mine before they send the hardware out?

[1715252922]

1715252922

[1715252922]

1715252922

[1715252922]

1715252922

[1715252922]

1715252922

[1715252922]

1715252922

[BurtW]

How likely is it that the quick increase in network hash rate is related to the ASIC manufacturers getting their new hardware online while they mine before they send the hardware out?

Are you talking about the recent adjusment of 26.19% ??

It seems in line with all the recent adjustments.  See:

http://bitcoinwisdom.com/bitcoin/difficulty

for the history of adjustments at the bottom of the page.

[2tights]

How likely is it that the quick increase in network hash rate is related to the ASIC manufacturers getting their new hardware online while they mine before they send the hardware out?

Are you talking about the recent adjusment of 26.19% ??

It seems in line with all the recent adjustments.  See:

http://bitcoinwisdom.com/bitcoin/difficulty

for the history of adjustments at the bottom of the page.

I guess it does seem to be what is expected, but that's a pretty strong increase in hash rate the past week. I wish there were better ways to understand how that power is distributed.

[hyphymikey]

If you see one pool jump in hashing power over a short period of time, then that might be manufacturers testing equipment.  Not an easy task though.

[atminer]

Lots of blocks being found by 118.244.207.xxx recently.  They could have been a big part of the hashing increase.  In fact, the "popular" pools seem to only have had a modest increase in hashing power but a lot more blocks seem to be found by other miners.

[mtnminer]

The ip range of 118.244.207.*** comes back of Beijing China -- So a big Chinese mining farm or manufacturers testing Avalon units?

Mtnminer

[johncarpe64]

How likely is it that the quick increase in network hash rate is related to the ASIC manufacturers getting their new hardware online while they mine before they send the hardware out?

It got to be china...

[Puppet]

How likely is it that the quick increase in network hash rate is related to the ASIC manufacturers getting their new hardware online while they mine before they send the hardware out?

Not likely at all. We currently seem to be well above 18PH, compared to 12PH in the beginning of the month. Lets assume its HF that is doing the hashing. 6PH = 6000 TH = ~15000 baby jets. Imagine what it takes to "temporarily" mine with 15000 of those machines drawing a total of 6 million watt?

Even if these vendors were self mining with their sold hardware,  it would barely register on the network. Hashfast first batch is what, 500 babyjets? Thats 200TH. Statistical noise.

[ujka]

Lots of blocks being found by 118.244.207.xxx recently.  They could have been a big part of the hashing increase.  In fact, the "popular" pools seem to only have had a modest increase in hashing power but a lot more blocks seem to be found by other miners.

'Bitcoin Block Origin' site (http://blockorigin.pfoe.be/top.php) lists some private pool, Discus Fish, with that IP and with 11% of network hashrate in last 2016 blocks. It's 3rd 4th biggest pool.