binaryFate
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August 26, 2013, 12:31:05 PM |
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I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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binaryFate
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August 26, 2013, 12:33:59 PM |
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Yes! thanks!  |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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BitCsByBit
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August 26, 2013, 01:02:45 PM |
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AM hashrate is back up. It seems to be the all time high, around 80TH/s.
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Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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candoo
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August 26, 2013, 01:03:16 PM |
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AM hashrate is back up. It seems to be the all time high, around 80TH/s.
this is called luck and variance |
Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
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cw92
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August 26, 2013, 01:07:37 PM |
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Rate is still climbing..a 3x increase seems like more than variance, but who knows.
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binaryFate
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August 26, 2013, 01:11:21 PM |
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AM hashrate is back up. It seems to be the all time high, around 80TH/s.
this is called luck and variance Often, some noobs under-estimate the effect of variance, and get crazy every 6 hours "it's up!", "it's down!". But this time, I fully agree. This is not variance. They were undoubtedly having a low hashrate these last days, around 30TH/s, and they are now way higher. The possible range of this "way higher" is still large given that the increase is recent, but it will shrink over time and we should get a reasonable approximation in 48h. Personally, I think we will be higher than the previous high of ~60TH/s. I expect 80 or higher. My hypothesis is that the recent low was due to some work required to extend the farm. Now the extension is being turned on... Welcome the new hash rate! |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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wo0x
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August 26, 2013, 01:14:13 PM |
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I believe in luck, but not in that much. Here is just some infrastructure back in business ... It's more like the opportunity is gone to trade AM-shares at lower prices  |
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bobboooiie
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August 26, 2013, 01:21:35 PM |
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I believe in luck, but not in that much. Here is just some infrastructure back in business ... It's more like the opportunity is gone to trade AM-shares at lower prices lets see after we recieve next dividend under 0.01 |
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wo0x
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August 26, 2013, 01:24:07 PM |
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Some AM1 shares on Haveluck sold for 2.1BTC ... there will be another chance, for sure |
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cw92
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August 26, 2013, 01:31:11 PM |
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I believe in luck, but not in that much. Here is just some infrastructure back in business ... It's more like the opportunity is gone to trade AM-shares at lower prices lets see after we recieve next dividend under 0.01 So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%? |
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binaryFate
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August 26, 2013, 01:34:00 PM |
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I believe in luck, but not in that much. Here is just some infrastructure back in business ... It's more like the opportunity is gone to trade AM-shares at lower prices lets see after we recieve next dividend under 0.01 So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%? If hardware divs is retained for further investment... only mining part remains. The increase is recent, so a large part of the week will have been done with low hash rate. You can see an estimation here (bottom of the page): http://www.asicminercharts.com/live/Since it extrapolates the past hash rate, it will be higher than that (due to current increase), but it might be around 0.01, or like last week, 0.012. |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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velacreations
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August 26, 2013, 01:37:58 PM |
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So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%?
1. hash rate has been down all week, so don't expect any new revenue from that. We'll be lucky if we generate the same amount as last week. It's been around 4-6% since last week. 2. I've seen the 6-12 hours hash rate estimate over 100 TH/s before. That doesn't mean the hash rate is increasing. Until we see 24+ estimates increasing, I think it's foolish to assume hash rate is increasing. 3. I don't think we'll see a big increase in hardware sales. The new USBs are cute, but the prices haven't really changed (that I can see), so don't expect a flood of new sales. And even if that does happen, you won't see the money until next week. tl;dr - dividends are going to be low again this week. |
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binaryFate
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August 26, 2013, 01:40:11 PM |
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2. I've seen the 6-12 hours hash rate estimate over 100 TH/s before. That doesn't mean the hash rate is increasing. Until we see 24+ estimates increasing, I think it's foolish to assume hash rate is increasing.
vela, I bet we'll see the 24h average being over 80TH/s during the next 48h. |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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cw92
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August 26, 2013, 01:41:14 PM |
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Just to clarify I don't expect a meaningful increase in dividends, but I still think a drop below .01 is unlikely even with the difficulty increase.
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binaryFate
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August 26, 2013, 01:46:29 PM
Last edit: August 26, 2013, 02:16:31 PM by binaryFate |
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vela, I bet we'll see the 24h average being over 80TH/s during the next 48h.
How much are you willing to bet? Also, guys, there is a speculation thread. Anyway, we're very likely to have a low dividend again. Based on data here: http://www.asicminercharts.com/live/I would bet 1BTC that we will see (at least once) the 24h-average equal or above 80TH/s, during the next 48h. Anybody takes it? EDIT: 1/2h later, nobody took it... I withdraw my offer. EDIT2: somebody just took it, didn't see that before. So the offer still holds. |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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velacreations
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August 26, 2013, 01:53:51 PM |
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Based on data here: http://www.asicminercharts.com/live/I would bet 1BTC that we will see (at least once) the 24h-average equal or above 80TH/s, during the next 48h. Anybody takes it? why would you base anything on the 6 hour hash rate? Even the 12 hour estimate is not up to the rate we hit last week. |
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binaryFate
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August 26, 2013, 01:57:55 PM |
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Based on data here: http://www.asicminercharts.com/live/I would bet 1BTC that we will see (at least once) the 24h-average equal or above 80TH/s, during the next 48h. Anybody takes it? why would you base anything on the 6 hour hash rate? Even the 12 hour estimate is not up to the rate we hit last week. Because I don't believe in a glitch that would last several days and halve the hash rate as we have seen. I believe that some important work was done there. The time also fits perfectly a much needed extension to catch up with increasing difficulty, and with the arrival of the new blades in the last 2 weeks. So I just think (and hope!) that AM extended its hash rate. It's not because we got use to 60TH/s that they will never change that! |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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velacreations
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August 26, 2013, 01:58:49 PM |
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This is from Aug 20, 2013. Notice the 6 hour estimate. Notice that after the 20th, we never exceeded 60 TH/s. You can't base anything on the 6 hour estimate.  |
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binaryFate
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August 26, 2013, 02:01:51 PM |
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vela, sure, I don't mean to be affirmative here. These are obviously just assumptions...
Let's see in the next 2 days!
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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