eleuthria (OP)
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August 07, 2013, 06:33:27 PM |
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20,000 GH/s in less than 6 days? 50k GH/s in less than a month? Where is all this hash power coming from? WTF is going on? Are we witnessing a network takeover attempt? 93k GH/s with only 27,033 miners?
Other pools have seen proportional increases. You have to remember, most of the BIG ASIC equipment is going to old miners, not new ones. People who already had skin in the game, and as such, were already mining at certain pools. BTC Guild had the largest userbase, and as such, is receiving proportionally the largest number of this new equipment. However, smaller pools have also seen huge gains in proportional to their speed a month ago. Eligius, Slush, BitMinter, and Eclipse have all roughly doubled in speed this last month. BTC Guild has roughly doubled. The only pool that isn't growing quite as fast (in proportion to their previous speed) is 50BTC. That could be explained by their pool having a larger percentage of miners in countries which are difficult to import high end ASIC equipment.
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RIP BTC Guild, April 2011 - June 2015
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eleuthria (OP)
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August 07, 2013, 06:34:42 PM |
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Were the all coupons distributed already? Was there a the plan to distribute them gradually, like every 2 hours? Was a cut-off order of 920 a final one, or was only the first step of the coupons distribution cycle?
So regardless of what goes on, you're not likely to make it down to order #50 with coupons, eh? At this time, I would not bet on orders that low receiving coupons. There is a chance, if the rumor CanaryInTheMine started is true, which is that new coupons will be distributed to provide ALL previous orders with units. But since I have NOT heard this from any source other than CanaryInTheMine, I would not base any decisions on that rumor.
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RIP BTC Guild, April 2011 - June 2015
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iamnightelf
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August 07, 2013, 07:21:49 PM |
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20,000 GH/s in less than 6 days? 50k GH/s in less than a month? Where is all this hash power coming from? WTF is going on? Are we witnessing a network takeover attempt? 93k GH/s with only 27,033 miners?
Other pools have seen proportional increases. You have to remember, most of the BIG ASIC equipment is going to old miners, not new ones. People who already had skin in the game, and as such, were already mining at certain pools.
BTC Guild had the largest userbase, and as such, is receiving proportionally the largest number of this new equipment. However, smaller pools have also seen huge gains in proportional to their speed a month ago.Eligius, Slush, BitMinter, and Eclipse have all roughly doubled in speed this last month. BTC Guild has roughly doubled. The only pool that isn't growing quite as fast (in proportion to their previous speed) is 50BTC. That could be explained by their pool having a larger percentage of miners in countries which are difficult to import high end ASIC equipment. That sucks for the smaller fish... j/s
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eleuthria (OP)
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August 07, 2013, 07:25:35 PM |
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That sucks for the smaller fish... j/s
It's what you'd expect though. Most pools are staying roughly the same proportion of the overall network, even though they're all gaining massive amounts of speed. We are seeing *some* bit of a squeeze happening, since all it takes for a smaller pool to gain extra share of the overall network is one user with an above average amount of equipment getting delivered.
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RIP BTC Guild, April 2011 - June 2015
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twmz
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August 07, 2013, 07:30:29 PM |
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At this time, I would not bet on orders that low receiving coupons. There is a chance, if the rumor CanaryInTheMine started is true, which is that new coupons will be distributed to provide ALL previous orders with units. But since I have NOT heard this from any source other than CanaryInTheMine, I would not base any decisions on that rumor.
I have no inside information, but the group buy I was originally in (arklan's) was also told that all 512 of the miners we originally ordered at 2 BTC each (not just 30% of them) would be eligible for the 0.1 special as soon as the current manufacturing shortage was resolved.
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Was I helpful? 1 TwmzX1wBxNF2qtAJRhdKmi2WyLZ5VHRs WoT, GPGBitrated user: ewal.
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HellDiverUK
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August 07, 2013, 07:55:20 PM |
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I've doubled my hash rate in the last week. I've also come back to BTC after mining LTC for a while using GPUs. All due to a few little USB sticks.
If everyone mining is doing the same as me, it's no wonder speed is going up so fast. Then there's the guys getting "real" ASICs...
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STT
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Exchange 250+ Coins With 0% Fees
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August 08, 2013, 12:36:40 AM |
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Im amazed how quick the situation changed since May, just looking at the payments section the pps figure probably shows it easiest. I have no asic here but I think its good for the entire network anyway because the bigger question has always been will BTC continue to exist. So if its becoming more professional, more capable of taking on massive amounts of transactions then I suppose its for the good no matter what size section you are on the network. The price is fairly stable, not sure if volatility is measured like they do with more mainstream marketplaces but it might be BTC is becoming more reliable, which can help bring down bulk transactional costs but also raise business done in BTC which is what is really needed to make it all viable
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| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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iamnightelf
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August 08, 2013, 02:37:45 AM |
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It is causing the round times to approach ~35 minutes again...
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BZBFightan
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August 08, 2013, 02:42:34 AM |
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It happens, still at 100+% luck. *shrug*
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eleuthria (OP)
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August 08, 2013, 08:58:43 PM |
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Posting a reminder about coupons. If you haven't logged in since Monday, please check if you have any unused coupons! You'll see a green alert bubble near the top of every page (except the store itself) if you have coupons available.
If you do not use your coupons by Monday, August 12, your coupons will be distributed to the next orders in line. If you haven't placed an order because you don't currently have the BTC available, placing your order will prevent your coupons from expiring even if it has not yet been paid.
Coupon orders are being filled *immediately*, and as of this post every single coupon unit that has been ordered has been packed/shipped.
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RIP BTC Guild, April 2011 - June 2015
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eleuthria (OP)
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August 08, 2013, 09:02:52 PM |
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EU Stratum servers are currently acting up. Working on getting them responding again. US Stratum is currently running strong.
UPDATE: EU Stratum is back up and running.
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RIP BTC Guild, April 2011 - June 2015
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letuslook
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August 08, 2013, 09:34:23 PM |
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EU Stratum servers are currently acting up. Working on getting them responding again. US Stratum is currently running strong.
UPDATE: EU Stratum is back up and running.
Thanks!
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os2sam
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Think for yourself
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August 08, 2013, 10:50:55 PM |
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Posting a reminder about coupons. If you haven't logged in since Monday, please check if you have any unused coupons! You'll see a green alert bubble near the top of every page (except the store itself) if you have coupons available.
Does that require scripting to be enabled?
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A: Because it messes up the order in which people normally read text. Q: Why is top-posting such a bad thing? A: Top-posting. Q: What is the most annoying thing on usenet and in e-mail?
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craslovell
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August 08, 2013, 10:56:13 PM |
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Almost at 1/10th PH/s ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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eleuthria (OP)
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August 08, 2013, 11:11:37 PM |
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Posting a reminder about coupons. If you haven't logged in since Monday, please check if you have any unused coupons! You'll see a green alert bubble near the top of every page (except the store itself) if you have coupons available.
Does that require scripting to be enabled? The notice should not require scripting at all. Unrelated: Server is currently having a brief maintenance update to improve performance of one of the slowest scripts. The website is temporarily unavailable in order to speed up the execution of the script.
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RIP BTC Guild, April 2011 - June 2015
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eleuthria (OP)
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August 09, 2013, 07:19:51 AM |
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Store Updates: This weekend (possibly as early as Friday night), you will be able to place orders for ASICMINER Blades. Exact pricing is not yet finalized. Inventory is not in stock, but will be ordered from ASICMINER Sunday evening (earliest date available) and shipped out within 24 hours of arriving.
USB Block Erupters will also be back in stock at ASICMINER Sunday evening. Expecting the full shipping queue to be completely filled within 48 hours of new inventory arriving.
Pool Updates: Some changes are being prepared for how the database references PPLNS data, condensing very old shifts to reduce the amount of data being stored and retrieved. These should start going live tomorrow. The process should be transparent, unless you happen to reload a page as the data is being condensed. Additional warning will be posted as the changes are being pushed live to avoid confusion.
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RIP BTC Guild, April 2011 - June 2015
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buyer99
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August 09, 2013, 11:24:20 AM |
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It looks like other resellers are providing coupons to All previous orders.... I have Two recent erupter orders with the Guild and I got Zero coupons.... Me = Confused ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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oliv2915
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August 09, 2013, 01:53:43 PM |
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eleuthria (OP)
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August 09, 2013, 03:26:19 PM |
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It looks like other resellers are providing coupons to All previous orders.... I have Two recent erupter orders with the Guild and I got Zero coupons.... Me = Confused ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) No other reseller is giving out coupons to every single order yet. We were only given a limited amount (a little less than 30% of the total units shipped by BTC Guild @ 1.05). I have finally heard back from friedcat about their inventory issues, and part of their response included that the coupon program *will* be extended beyond those units, but not immediately.
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RIP BTC Guild, April 2011 - June 2015
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oliv2915
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August 09, 2013, 04:16:08 PM |
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Congrats, broke the 100GH/s
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