|
VolanicEruptor
|
 |
July 12, 2013, 01:47:43 AM |
|
ASICMINER just finished a 14 transaction block of 175BTC. I didn't even know that was possible..
|
|
|
|
|
|
ThickAsThieves
|
|
July 12, 2013, 01:49:02 AM |
|
ASICMINER just finished a 14 transaction block of 175BTC. I didn't even know that was possible..
Sometimes people accidentally put the transaction amount as the mining fee. Poor guy! |
|
|
|
|
|
SOSLOVE868
|
|
July 12, 2013, 01:52:48 AM |
|
ASICMINER just finished a 14 transaction block of 175BTC. I didn't even know that was possible..
Sometimes people accidentally put the transaction amount as the mining fee. Poor guy! Hashrate goes like superstar~~~~  |
|
|
|
|
Adrian-x
Legendary
Activity: 1372
Merit: 1000
|
|
July 12, 2013, 01:58:54 AM |
|
ASICMINER just finished a 14 transaction block of 175BTC. I didn't even know that was possible..
Sometimes people accidentally put the transaction amount as the mining fee. Poor guy! LOL you're kidding, better just pay a steady default and eat the fee. |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
|
|
|
dhenson
Legendary
Activity: 994
Merit: 1000
|
|
July 12, 2013, 02:02:45 AM |
|
|
|
|
|
|
|
|
notme
Legendary
Activity: 1904
Merit: 1002
|
|
July 12, 2013, 02:04:16 AM |
|
Indeed... it had 175 BTC total output. As in all of the transactions in the block. |
|
|
|
notme
Legendary
Activity: 1904
Merit: 1002
|
|
July 12, 2013, 02:04:48 AM
Last edit: July 12, 2013, 02:17:13 AM by notme |
|
They really should look into p2pool. |
|
|
|
|
ThickAsThieves
|
|
July 12, 2013, 02:16:38 AM |
|
Sorry, that's what I get for not paying attention! |
|
|
|
|
|
|
|
VolanicEruptor
|
|
July 12, 2013, 03:01:09 AM |
|
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it? That seems like a very small amount of work with a very disproportionate reward attached to it..
|
|
|
|
|
|
Pierre
|
|
July 12, 2013, 03:04:17 AM |
|
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it? That seems like a very small amount of work with a very disproportionate reward attached to it..
There's nothing you can do about this, blocks are found randomly approximately every 10 minutes. Sometimes a block will take 30 minutes and sometimes less than 1 minute. The longer it takes to find a block the more transactions will be in it. It's just the nature of mining. |
|
|
|
|
dhenson
Legendary
Activity: 994
Merit: 1000
|
|
July 12, 2013, 03:22:28 AM |
|
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it? That seems like a very small amount of work with a very disproportionate reward attached to it..
What you aren't understanding is that it doesn't take any more 'work' to complete a block with 1 transaction vs. a block with 100. It's in the miners best interest to include as many fee paying transactions as possible as to maximize profits. |
|
|
|
|
|
VolanicEruptor
|
|
July 12, 2013, 03:24:36 AM |
|
it just seems unbalanced, and not as efficient as it could be, as far as the blockchain system is concerned...
I guess there's no way around this though..
|
|
|
|
|
dhenson
Legendary
Activity: 994
Merit: 1000
|
|
July 12, 2013, 03:35:46 AM |
|
it just seems unbalanced, and not as efficient as it could be, as far as the blockchain system is concerned...
I guess there's no way around this though..
In general a miner will include all blocks he knows about at the time. If he isn't well connected and doesn't 'hear' the transactions, then he can't include them in the block. Miners wouldn't leave fee paying transactions on the table. |
|
|
|
|
|
Pierre
|
|
July 12, 2013, 03:46:50 AM |
|
|
|
|
|
|
Vycid
Sr. Member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
|
|
July 12, 2013, 04:27:55 AM |
|
Hello all, Here's the first pictures of the half million Avalon chips that will be shipping shortly. http://imgur.com/a/GR0e3Cheers. (By the way, I am buying 90d puts at a strike of 3.2 for 0.3.) |
|
|
|
Melbustus
Legendary
Activity: 1722
Merit: 1004
|
|
July 12, 2013, 04:36:07 AM |
|
Here's the first pictures of the half million Avalon chips that will be shipping shortly.
That works out to about 150TH, right? |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
|
velacreations
|
|
July 12, 2013, 04:37:05 AM |
|
will be shipping shortly.
shortly? as in, September? meanwhile, blades aren't even for sale, and we've already sold 300+ (.01+/share). |
|
|
|
|
Vycid
Sr. Member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
|
|
July 12, 2013, 04:49:45 AM |
|
Here's the first pictures of the half million Avalon chips that will be shipping shortly.
That works out to about 150TH, right? Assuming most people do not overclock. The chips are nominally 282 MH/s each, but have been demonstrated to go up to 400 MH/s each. 0.282 * 500000 = 141000 GH/s. will be shipping shortly.
shortly? as in, September? meanwhile, blades aren't even for sale, and we've already sold 300+ (.01+/share). As in a week. Those chips are in hand and ready to ship. The lead time Avalon announced was 8-10 weeks and it is now week 9. Article from TGB predicts the total shipment may reach 1 petahash (I seriously doubt it). http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/ |
|
|
|
|
