chkgk
Member

Offline
Activity: 63
Merit: 10
|
 |
June 20, 2013, 05:52:48 PM |
|
The miners are hosted in shenzhen area, china, aren't they? Seeing that it's close to 2am there, I think we can pretty much rule out electricity issues like rolling blackouts, which would only take place during times of high demand, which should normally not be in the middle of the night.
I would argue along the lines of a restructuring of the hosting, maybe new racks or similar. I would even go so far as to say that he is preparing for the next generation of miners to go online. Any kind of restructuring would potentially mean powering off significant portions of the active miners, relocate (replace?) them, and then bring them back on, which would explain the huge jumps of the hashrate within a couple of days.
as always, just speculating, though.
|
|
|
|
ShroomsKit
|
 |
June 20, 2013, 05:54:10 PM |
|
The miners are hosted in shenzhen area, china, aren't they? Seeing that it's close to 2am there, I think we can pretty much rule out electricity issues like rolling blackouts, which would only take place during times of high demand, which should normally not be in the middle of the night.
I would argue along the lines of a restructuring of the hosting, maybe new racks or similar. I would even go so far as to say that he is preparing for the next generation of miners to go online. Any kind of restructuring would potentially mean powering off significant portions of the active miners, relocate (replace?) them, and then bring them back on, which would explain the huge jumps of the hashrate within a couple of days.
as always, just speculating, though.
Well, i hope you're right 
|
Its price is not a very relevant factor in its adoption....
|
|
|
VolanicEruptor
|
 |
June 20, 2013, 06:19:22 PM |
|
Maybe he's "getting it on" with some chick in the data center, and they keep unplugging miners by accident. This would explain why it's happening late at night..
Sometimes the penis eruptor needs its time too..
|
|
|
|
empoweoqwj
|
 |
June 20, 2013, 06:20:15 PM |
|
Maybe he's "getting it on" with some chick in the data center, and they keep unplugging miners by accident. This would explain why it's happening late at night..
best theory to date  but god, all these theories are tiring ............................
|
|
|
|
tkone
|
 |
June 20, 2013, 06:52:38 PM |
|
any idea why the am blocks have less transactions in them?
also i have a transaction that by mistake i put without a fee, and its waiting in que, but i sell alot of space in blocks, isn't the limit 1mb? the blocks are average much less i dont think i ever even saw a 500kb block,
but recently the transactions per block has been raising, especially in the mornings here, pretty wicked stuff!
elazar
|
|
|
|
ShroomsKit
|
 |
June 20, 2013, 06:56:37 PM |
|
In the last hour we found 3 blocks, isn't it good?
It dropped from 15 to 10 now  It really is no problem if they are testing stuff etc but tbh it kinda scares me. I picked up shares for the first time very recently at the highest price and this doesn't look good. Another week like this and the price will drop a lot next wednesday and i will be forced to sell again, which i really don't want to do.
|
Its price is not a very relevant factor in its adoption....
|
|
|
twentyseventy
Legendary
Offline
Activity: 1386
Merit: 1000
|
 |
June 20, 2013, 06:59:16 PM |
|
In the last hour we found 3 blocks, isn't it good?
It dropped from 15 to 10 now  It really is no problem if they are testing stuff etc but tbh it kinda scares me. I picked up shares for the first time very recently and this doesn't look good. Another week like this and the price will drop a lot next wednesday and i will be forced to sell again, which i really don't want to do. Please do us a favor and let us know when you're going to sell, we'll be happy to be there when the price falls!
|
|
|
|
ianp
|
 |
June 20, 2013, 07:04:34 PM |
|
Please do us a favor and let us know when you're going to sell, we'll be happy to be there when the price falls!
He made it clear -- in 1 week he will be ready to sell. duhhhhhhh 
|
|
|
|
ShroomsKit
|
 |
June 20, 2013, 07:08:27 PM |
|
Please do us a favor and let us know when you're going to sell, we'll be happy to be there when the price falls!
He made it clear -- in 1 week he will be ready to sell. duhhhhhhh  Yup, wednesday. Better have your coins ready.
|
Its price is not a very relevant factor in its adoption....
|
|
|
|
|
TaxReturn
Member

Offline
Activity: 67
Merit: 10
|
 |
June 20, 2013, 07:20:07 PM |
|
Shows 46 TH/s for last hour right now. According to http://runeks.dk/bitcoin/ that's higher than ever by about 10 TH/s.
|
|
|
|
ianp
|
 |
June 20, 2013, 07:23:07 PM |
|
Again -- you have to know the sample size that he's using. http://www.dpcapital.net/blockchain/?hours=24,48,72,96,120If you look at that, you can see the 24 hour sample size matches exactly to that of runeks.dk/bitcoin. In other words, at the current difficulty, it will take 46 th/s to find two blocks in one hour. Just so everyone knows, all of the ASICMINER data that is presented is inferred. Because they (ASICMINER) do not post the actual hashrate, we have to infer the hashrate from the number of blocks found in a given timeframe and the difficulty. If we did know the hashrate, we could do fun things like determine the probability of finding 5 blocks in an hour at the current difficulty.
|
|
|
|
neilol
|
 |
June 20, 2013, 07:23:46 PM |
|
Most of the people here really don't understand how this works, do they?
|
|
|
|
ianp
|
 |
June 20, 2013, 07:27:00 PM |
|
Most of the people here really don't understand how this works, do they?
The answer to that is a definitive no. Most people do not realize that we do not have actual hashrate data from ASICMINER, only inferred hashrate data that we figure based on number of blocks found during a given timeframe and the current difficulty.
|
|
|
|
TaxReturn
Member

Offline
Activity: 67
Merit: 10
|
 |
June 20, 2013, 07:27:49 PM |
|
Most of the people here really don't understand how this works, do they? Made a mistake, chill out or sue me if you are american.
|
|
|
|
ianp
|
 |
June 20, 2013, 07:29:12 PM |
|
Made a mistake, chill out or sue me if you are american.
Regardless of who that statement was intended towards (I think it was intended towards me,) take it as an opportunity to learn more about how hashrate is derived at the current difficulty. It's interesting stuff 
|
|
|
|
TaxReturn
Member

Offline
Activity: 67
Merit: 10
|
 |
June 20, 2013, 07:35:39 PM |
|
Made a mistake, chill out or sue me if you are american.
Regardless of who that statement was intended towards (I think it was intended towards me,) take it as an opportunity to learn more about how hashrate is derived at the current difficulty. It's interesting stuff  Wasn't directed at you. I really thought we had hashrate data to work on. Since we don't I realize looking at stats with hour resolution is pretty meaningless, probably everything under 4 hours is more or less bogus.
|
|
|
|
ianp
|
 |
June 20, 2013, 07:38:29 PM |
|
Made a mistake, chill out or sue me if you are american.
Regardless of who that statement was intended towards (I think it was intended towards me,) take it as an opportunity to learn more about how hashrate is derived at the current difficulty. It's interesting stuff  Wasn't directed at you. I really thought we had hashrate data to work on. Since we don't I realize looking at stats with hour resolution is pretty meaningless, probably everything under 4 hours is more or less bogus. Well, not bogus, but not reliable. Anything with a 4 unit sample size is error prone. However, you can make some pretty interesting assumptions off of the data. I posted yesterday that when I see a series of blocks mined that looks like "AM-AM-BTCGUILD-AM-AM", that I know it's variance (or luck.) However, if I saw the same thing that looked like "AM-AM-BTCGUILD-AM-AM-AM" then I would believe that it is due to a higher quantity of hashing power than is reflected in the 24 hour average. There's no real way to quantify what I'm explaining, it's just a feeling I get from looking at the data. Right or wrong, it's still interesting to look at. Now -- with a 48 hour sample size -- we *should* get a pretty good estimate of what the actual average hashing power is over that time.
|
|
|
|
velacreations
|
 |
June 20, 2013, 07:38:39 PM |
|
is there a way AM could set up a simple data feed, like a json feed or something that gives live hashrate? That would solve a lot of this guessing.
|
|
|
|
|