Bitcoin Forum
December 11, 2017, 03:46:28 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: The Bitcoin hashrate is about to pass or has already passed its Aug2011 peak  (Read 2713 times)
barbarousrelic
Hero Member
*****
Offline Offline

Activity: 675


View Profile
July 27, 2012, 04:14:15 PM
 #1

Joy of joys!

http://bitcoin.sipa.be/

The 3-day window estimate is above 15 TH/s

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
1513007188
Hero Member
*
Offline Offline

Posts: 1513007188

View Profile Personal Message (Offline)

Ignore
1513007188
Reply with quote  #2

1513007188
Report to moderator
1513007188
Hero Member
*
Offline Offline

Posts: 1513007188

View Profile Personal Message (Offline)

Ignore
1513007188
Reply with quote  #2

1513007188
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513007188
Hero Member
*
Offline Offline

Posts: 1513007188

View Profile Personal Message (Offline)

Ignore
1513007188
Reply with quote  #2

1513007188
Report to moderator
1513007188
Hero Member
*
Offline Offline

Posts: 1513007188

View Profile Personal Message (Offline)

Ignore
1513007188
Reply with quote  #2

1513007188
Report to moderator
1513007188
Hero Member
*
Offline Offline

Posts: 1513007188

View Profile Personal Message (Offline)

Ignore
1513007188
Reply with quote  #2

1513007188
Report to moderator
rjk
Sr. Member
****
Offline Offline

Activity: 448


1ngldh


View Profile
July 27, 2012, 04:17:08 PM
 #2

Joy of joys!

http://bitcoin.sipa.be/

The 3-day window estimate is above 15 TH/s
Mini-riggers, start your engines!

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
unclemantis
Member
**
Offline Offline

Activity: 98


(:firstbits => "1mantis")


View Profile
July 27, 2012, 05:10:58 PM
 #3

Nice! Let's hope it keeps growing this time. Smiley

Looks like the price of btc is getting more and more stable now and going up  up up up up!

PHP, Ruby, Rails, ASP, JavaScript, SQL
20+ years experience w/ Internet Technologies
Bitcoin OTC | GPG Public Key                                                                               thoughts?
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2338


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile
July 27, 2012, 08:48:06 PM
 #4

The 3-day window estimate is above 15 TH/s

For the record, the highest difficulty of 1,888,786.705353 was first reached at block 139,104, August 1, 2011:
 - http://blockexplorer.com/b/139104

Current difficulty is 1,866,391.305003 but estimates show that will probably go over 2 million in three days when the next difficulty adjustment period begins.

 - https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc

BitPay Business Solutions
Hero Member
*****
Offline Offline

Activity: 756


View Profile WWW
July 27, 2012, 08:52:53 PM
 #5

we've had 10 blocks found in the last hour.  the hashing problem is apparently too easy for the miners to solve right now Smiley

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
July 27, 2012, 08:58:13 PM
 #6

Oh sorry I was testing my round reduction attack on SHA-256.  Allows me to hash in 16 rounds instead of 80. 
deepceleron
Legendary
*
Offline Offline

Activity: 1512



View Profile WWW
July 27, 2012, 09:19:57 PM
 #7

Technically, the highest difficulty's evaluation period would be the second half of July 2011:

Record difficulty: Block 139104 (2011-08-01) difficulty:1888786.705353
Current difficulty:  Block 189504 (2012-07-17) difficulty:1866391.305003
Current block: 191092 (78.8% of difficulty period elapsed)
Block 191520 (~2012-07-30) estimated: 2.1M
(last 120): estimated 2.5M
niko
Hero Member
*****
Offline Offline

Activity: 742


There is more to Bitcoin than bitcoins.


View Profile
July 28, 2012, 04:56:21 AM
 #8

To keep with the tradition of buying high and selling low, I shall celebrate by dusting of my 5830 and firing it up! Going solo!

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
July 28, 2012, 06:02:17 AM
 #9

To keep with the tradition of buying high and selling low, I shall celebrate by dusting of my 5830 and firing it up! Going solo!

Hurry up...if you're lucky you might make 15 bitcoins before the reward having later this year!

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Cryptoman
Hero Member
*****
Offline Offline

Activity: 728



View Profile
July 28, 2012, 06:05:25 AM
 #10

To keep with the tradition of buying high and selling low, I shall celebrate by dusting of my 5830 and firing it up! Going solo!

Hurry up...if you're lucky you might make 15 bitcoins before the reward having later this year!

...but if he's going solo, it's 50 bitcoins or nothing.

"A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history." --Gandhi
niko
Hero Member
*****
Offline Offline

Activity: 742


There is more to Bitcoin than bitcoins.


View Profile
July 28, 2012, 06:38:42 AM
 #11

Back to the topic - this doesn't necesserily mean Bitcoin network has grown. It may be the same number of people mining on improved technology.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
July 28, 2012, 07:23:14 AM
 #12

Hashrate increase is imminent.

Less power, more GH/s = better competition for BTC

Whether BFL holds up to their supposed hashrates or not, over time people will find better ways to mine.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Shadow383
Sr. Member
****
Offline Offline

Activity: 336


View Profile
July 28, 2012, 01:45:39 PM
 #13

Back to the topic - this doesn't necesserily mean Bitcoin network has grown. It may be the same number of people mining on improved technology.

This.
We've got probably upwards of a terahash of FPGA gear, and ATI's 7xxx cards are obviously better miners than anything that came before. Back in July last year I was running a few 5850s, getting 370Mhash each.
Now I'm running 7970s doing 580Mhash each with scope to push them to 680 if I wanted to...
goxed
Legendary
*
Offline Offline

Activity: 1708


Mining hardware dev and reviewer.


View Profile
July 29, 2012, 09:18:02 AM
 #14


The 7day window is already at a higher high!

Looking to review Bitcoin / Crypto mining Hardware.
SlaveInDebt
Hero Member
*****
Offline Offline

Activity: 701


Your Minion


View Profile
July 29, 2012, 09:59:16 AM
 #15

Bigger numbers are better.





You heard it hear first.

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
SMOKEU
Member
**
Offline Offline

Activity: 112


View Profile
July 30, 2012, 07:31:37 AM
 #16

Video games are no fun without weed.

+1 to that.
deepceleron
Legendary
*
Offline Offline

Activity: 1512



View Profile WWW
July 30, 2012, 11:37:01 AM
 #17

New record difficulty:

2036671.088693
Gyrsur
Legendary
*
Offline Offline

Activity: 1834


#BEL+++


View Profile WWW
July 30, 2012, 11:44:00 AM
 #18

New record difficulty:

2036671.088693

last run has begun! 25 BTC is coming...
goxed
Legendary
*
Offline Offline

Activity: 1708


Mining hardware dev and reviewer.


View Profile
July 30, 2012, 11:54:45 PM
 #19

New record difficulty:

2036671.088693

last run has begun! 25 BTC is coming...


The network has come a long way. only if it sustains this growth and more!

Looking to review Bitcoin / Crypto mining Hardware.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!