Topic: 2014: The year of the mining bubble - page 2. (Read 3399 times)
ASICs will get more efficient, but in term of hashing power they have already approached the state of the art in computing hardware. Unless the state of the art is improved (how, exactly? optical circuitry? quantum dreams?), then there will never be such dramatic rises in the network hashing power again.
2014 will be end, the only thing I can be sure is that the price will not raine much. so sad
KNC is already aiming for 10x increase in efficiency by 1st quarter 2015, don't really believe it since it is not open sale
Stop trying to destroy this currency even more with retarded faster miners... shame on you guys! 
"Faster" miners doesn't affect the emission schedule
bitcoin slow difficultyretarget makes it possible to mine more with faster miners.
2014: The Year of the Troll
+1000, Good lord yes you nailed it. I can't wait for another rally to send these asshats away for at least 4-6 weeks. We need a reprieve from all the bullshit spewed over the last 12 months.
http://bitcoin.sipa.be/speed-lin-ever.png
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
Sounds about right this year the mining difficulty went up exponentially
As for next generation ASIC's there are always units in production but it's difficult to put any dates on them as far as I know AM gen 4 is still in design not fabricating and most current chips are just being sold.
I would agree in saying that Q2 2015 is when we get better chips in.
(Honestly looks like a mining bubble using that chart but not sure if those things pop or just keep going ^^)
Or lead to a stable bitcoin price but 2014 was an interesting year
Year of Retail Adoption
Next Year
Year of Early Stage Development and low level mainstream users.
Don't see how that's true.
2014 was year of VC & mining investement. Retail adoption is a sideshow and will remain marginally important for some years
http://bitcoin.sipa.be/speed-lin-ever.png
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
Sounds about right this year the mining difficulty went up exponentially
As for next generation ASIC's there are always units in production but it's difficult to put any dates on them as far as I know AM gen 4 is still in design not fabricating and most current chips are just being sold.
I would agree in saying that Q2 2015 is when we get better chips in.
(Honestly looks like a mining bubble using that chart but not sure if those things pop or just keep going ^^)
Or lead to a stable bitcoin price but 2014 was an interesting year
Year of Retail Adoption
Next Year
Year of Early Stage Development and low level mainstream users.
2014: The Year of the Troll
2014: The year of the mining ponzi's
I wont sell my coins, forget it! 
Quote
Since the last halving event, the average bitcoin price has been $337.30 and 411,350 coins have been issued ahead of schedule, equal to approximately $138 million.
https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf
Hardly anything the market can't digest
And at the halving we shall rejoice!
Stop trying to destroy this currency even more with retarded faster miners... shame on you guys!
"Faster" miners doesn't affect the emission schedule
Correct, my mistake.
Still...
Quote
Since the last halving event, the average bitcoin price has been $337.30 and 411,350 coins have been issued ahead of schedule, equal to approximately $138 million.
https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf
Hardly anything the market can't digest
Stop trying to destroy this currency even more with retarded faster miners... shame on you guys!
"Faster" miners doesn't affect the emission schedule
Stop trying to destroy this currency even more with retarded faster miners... shame on you guys!
"Faster" miners doesn't affect the emission schedule
Stop trying to destroy this currency even more with retarded faster miners... shame on you guys!
Q2 2015.
http://bitcoin.sipa.be/speed-lin-ever.png
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
Looks like we'll get a very slight difficulty increase. Mining might be set to stabstabilize a bit. Anyone know when next gen asics hit?
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