Hash Rate just hit 200 000 000 GH/s!

[wordman267645]

I just saw the picture and wow!! 200 000 000 GH/S !!

[seriouscoin]

I thought it would be years and years before we hit exohash, but it looks like that could happen in the next year or so.. this is just incredible..

When I was just getting into purchasing asics, yes, I preordered and waited a year. I did worse and best case scenarios, I never thought we would get to 1k per coin, but  i thought 1 petahash would be worse case scenario for the first year of asic mining..

If bitcoin hadn't hit 1k per coin and we were still 20 bucks or lower, Id still be in mining and most of early, lower budget guys would be making a nice living...

while I like the price being in the hundreds of dollars, I hate the fact that businesses with deep pockets seized the opportunity..

Nominate for the dumbest garbage spilled of the month? year ?

 

[marcotheminer]

Gosh I remember when it was just a fraction of what it is now. How times have changed!!

[evanito]

This is making me (and I assume other small miners like me) very nervous about difficulty hikes.

[X7]

This is making me (and I assume other small miners like me) very nervous about difficulty hikes.

Psshhh.. I'm not even mad anymore... Lost that emotion around 120 Petahash ago lol

[Nawaytes]

This is making me (and I assume other small miners like me) very nervous about difficulty hikes.

Psshhh.. I'm not even mad anymore... Lost that emotion around 120 Petahash ago lol

haha, it's just make us realize that not worth if we mining with very small rig/hardware,
with that high difficulty is useless
not get profits, even lose money

[X7]

This is making me (and I assume other small miners like me) very nervous about difficulty hikes.

Psshhh.. I'm not even mad anymore... Lost that emotion around 120 Petahash ago lol

haha, it's just make us realize that not worth if we mining with very small rig/hardware,
with that high difficulty is useless
not get profits, even lose money

lol bro... 200 Thz is now considered small hardware... Where does that leave us... *stares at warehouse full of hardware* lol

[gogxmagog]

welcome to the world of exahash! only the largest scale mines will be able to survive (and franchisees)

[Heutenamos]

not get profits, even lose money

Yes, definitively starts time when you need to think if you can be effective with ASIC, I mean still profitable after electricity costs ? Obviously for the few who using eletricity to heat up room in winter, it mean their ASIC, even 1st gen can do the job instead.

[X7]

not get profits, even lose money

Yes, definitively starts time when you need to think if you can be effective with ASIC, I mean still profitable after electricity costs ? Obviously for the few who using eletricity to heat up room in winter, it mean their ASIC, even 1st gen can do the job instead.

Lol I'm sitting here the equator like.. "COME ON GLOBAL WARMING BRING SOME SNOW... LET ME RENT OUT THIS HARDWARE AS HEATING TO THE MASSES" (lol)

[Barnabe]

It's a shame that little miners are no longer profitable ...
Descentralised mining is at risk here ...

[CozyLife]

This is both good and bad as it's harder to mine, but the network is more stable. With Hashlets coming into play, though, mining might become rejuvenated.