sepehr
Sr. Member
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Activity: 399
Merit: 250
Cryptocurrency Evangelist
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August 19, 2014, 10:08:08 AM |
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I own a facility having a total of 27 Tera Hash which will be 0.000135 of all Network Hash!
Not Bad!
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Sepehr, A Cryptocurrency Evangelist
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Istanbul34
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August 19, 2014, 10:08:29 AM |
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Bitcoin getting more centralized day by day.
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sepehr
Sr. Member
Offline
Activity: 399
Merit: 250
Cryptocurrency Evangelist
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August 19, 2014, 10:08:34 AM |
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Looks like PoS will be the winner after all!  Sure!  |
Sepehr, A Cryptocurrency Evangelist
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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August 19, 2014, 10:33:42 AM |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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August 19, 2014, 10:37:09 AM |
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Too many mining farms are opening recently.
and that is very good... for the future.  |
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teukon
Legendary
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Activity: 1246
Merit: 1011
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August 19, 2014, 10:47:17 AM |
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I believe the first time I ever laid eyes on the network the difficulty was... around 12 million?!
Yes, it has been very fast. It was at 12 million little more than a year ago. The 24 billion we're about to hit is a bit of a milestone for me because I started mining ("generating") when the difficulty was just 24. |
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oser41eric
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August 19, 2014, 10:55:14 AM |
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Looks like PoS will be the winner after all! Too many problems with PoS, terrible distribution is the worst I think. |
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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August 19, 2014, 10:58:53 AM |
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I believe the first time I ever laid eyes on the network the difficulty was... around 12 million?!
Yes, it has been very fast. It was at 12 million little more than a year ago. The 24 billion we're about to hit is a bit of a milestone for me because I started mining ("generating") when the difficulty was just 24. Wow. |
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BitsBitsBits
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August 19, 2014, 10:59:38 AM |
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Looks like PoS will be the winner after all! What makes you say that? The increase in gh/s? |
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niktitan132
Legendary
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Activity: 1036
Merit: 1000
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August 19, 2014, 11:04:29 AM |
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WoW!  200 000 000 GH/s is just amazing.Seems like small miners will get out of mining soon.  |
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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August 19, 2014, 11:22:43 AM |
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Looks like PoS will be the winner after all! You're definitely wrong. How is making the rich richer going to help anyone? The difference between the rich and the poor is highly increased by PoS, while saving costs for maintaining the network. WoW! 200 000 000 GH/s is just amazing.Seems like small miners will get out of mining soon. Soon? You mean that small miners have been out for quite some time now. Just look at the guy in America who alone has 1 PH/s in 2 warehouses. Such numbers are insane. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Wexlike
Legendary
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Activity: 1473
Merit: 1086
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August 19, 2014, 11:48:03 AM |
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I am afraid a few big mining operations will stop after the next increase, and then continue after the difficulty decreased again. that would result in a very slow period of bitcoin block generation for the next few weeks.  |
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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August 19, 2014, 12:00:10 PM |
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Just the beginning
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Scoremaster
Member
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Activity: 91
Merit: 10
Hi I am back from a long period of away time :)
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August 19, 2014, 12:28:32 PM |
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woo hoooooooo that means cex.io is our master now |
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icet208
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August 19, 2014, 12:34:27 PM |
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time to plug out small miners..  last 3 diff change`s were too beautifull (5.30% ; 8.08% ; 3.08%) |
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nextblast
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August 19, 2014, 12:42:29 PM |
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Wow congrats! Hash Rate is the endorsement of crypto currencies. Bigger always means better. |
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Faceboss
Newbie
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Activity: 40
Merit: 0
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August 19, 2014, 01:23:02 PM |
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Large farms can't pay there bills now!
How much longer can they survive?
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Vortex20000
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August 19, 2014, 01:38:01 PM |
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200 freaking petahashes! Goodness gracious.
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boxxa
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August 19, 2014, 02:24:12 PM |
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Oh man. I miss the CPU mining->GPU mining progression when seeing that hash rate spike and thought that was EPIC. Now we are going from 333MH/s ASICs to TH/s on a consumer level. Amazing progression.
Feel like the hash rate progression is the same as the internet speed progression. Dialup->DSL->Cable->Fiber to the home
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