Meuh6879 (OP)
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Activity: 1512
Merit: 1012
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August 11, 2014, 04:21:54 PM |
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minerpumpkin
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August 11, 2014, 04:25:54 PM |
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Wow that really is a sharp increase. Almost reminds me of the times of the first ASICs hitting the market in 2013 where 20% were considered a small increase! I wonder whether this is ASICMiner ramping up their new mining plans. We've seen quite some increase in unknown mining addresses or the DiscusFish pool, as it seems: data.bitcoinity.org/bitcoin/hashrate/6m?c=m&t=l
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I should have gotten into Bitcoin back in 1992...
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tindercoin
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Activity: 1
Merit: 0
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August 11, 2014, 04:37:23 PM |
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Wow that is a big increase things are looking up for that brand yes sir
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lihuajkl
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Activity: 1596
Merit: 1000
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August 11, 2014, 04:43:16 PM |
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Wow that is a big increase things are looking up for that brand yes sir very sharp increase! To keep the same mining reward, you have to buy extra mining rig!
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minerpumpkin
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August 11, 2014, 04:45:54 PM |
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Wow that is a big increase things are looking up for that brand yes sir very sharp increase! To keep the same mining reward, you have to buy extra mining rig! The old miner's fallacy, or at least one of them. It's interesting to see that people aren't used to a mere 20% increase anymore It used to be the minimum increase back in 2013 or even the beginning of 2014
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I should have gotten into Bitcoin back in 1992...
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Bitsaurus
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August 11, 2014, 07:46:08 PM |
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People got complacent with 2 difficulty jumps less than 10%. The last one we just had was because of bad luck - look at the network stats, the CDF was close to 1.10 for all pools meaning about 10% wasted shares. Looks like that Northern hemisphere winter is starting to ramp up miners
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taipo
Full Member
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Activity: 238
Merit: 100
Kia ora!
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August 11, 2014, 09:25:02 PM |
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Its going to be a wild ride.
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TheJuice
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August 12, 2014, 12:58:07 AM |
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This is an unexpected delivery of miners. S3's don't explain this increase. Potentially SP30s coming online in a hosted farm.
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seriouscoin
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August 12, 2014, 01:26:12 AM |
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This is an unexpected delivery of miners. S3's don't explain this increase. Potentially SP30s coming online in a hosted farm.
This + BFL finally mining with Monarch .... while they tell their customers who have been waiting for almost a year .... FCK OFF. ( we're testing )
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xstr8guy
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August 12, 2014, 01:59:18 AM |
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This has virtually NOTHING to do with consumer gear being delivered to home miners. This is from private Massive Mining Operations (MMOs) like Bitfury waging war on the network hashrate. Wild guess here... but I would say that at this point in time, home miners make up about 10% of the network hashrate.
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taipo
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Activity: 238
Merit: 100
Kia ora!
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August 12, 2014, 02:13:36 AM Last edit: August 12, 2014, 02:29:38 AM by taipo |
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OK let me rephrase that then with uppercase.
".....but MOSTLY major mining data centre operations....."
Hope that helps.
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Bitsaurus
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August 12, 2014, 02:42:09 AM |
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This is an unexpected delivery of miners. S3's don't explain this increase. Potentially SP30s coming online in a hosted farm.
This + BFL finally mining with Monarch .... while they tell their customers who have been waiting for almost a year .... FCK OFF. ( we're testing ) LOL. BFL has shown they can't even manufacture/outsource a decent PSU. It would take BFL 2 years to add 40PH/s to the network unless they buy it from another vendor. Even if they added all the Monarch power to the network it would be less than 5PH/s (unless they were showing fake prototype cards at the conventions).
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Nagle
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Activity: 1204
Merit: 1000
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August 12, 2014, 03:51:43 AM |
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Difficulty will go to the MOON!
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taipo
Full Member
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Activity: 238
Merit: 100
Kia ora!
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August 12, 2014, 04:14:52 AM |
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Right now Coinwarz is reporting 210 PH and Bitcoinwisdom is reporting the total hashrate at 180 PH I am not sure why the two sites report so differently.
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Hfleer
Sr. Member
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Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 12, 2014, 04:24:39 AM |
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Difficulty will spike more than usual the next time, because of poor luck in the last frame.
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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Katarina
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Activity: 112
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August 12, 2014, 02:37:01 PM |
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Cmon, difficulty is spiking again.. no more profit...
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cloverme
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Activity: 1512
Merit: 1057
SpacePirate.io
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August 12, 2014, 04:46:33 PM |
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Difficulty will go to the MOON!
Hahaha agreed, if anything is going to the moon lately, it's the difficulty next week for sure.
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