(or may-be it isn't a lot actually... if compared to successful coin when only a few coins was launched per week)
something is fishy for sure, secret x11 asic is mining i think, can't be all gpu, the x11coin has 500giga of net hash lol
if I recall correctly, didnt AMD recently get something like a 40% hashrate boost on x11? I mean 500 GH/s is a lot, but lets say out of the usual mining hardware for AMD they'll pull 2.5 MH/s a card on average between the low and high end stuff. that would make that 500gh/s to be 200,000 cards out there in the wild for AMD to be the entirety of that number. Given that scrypt was so popular for so long, would it really be that unrealistic to be GPU alone? Especially if there was some less than advertised multipool or stratum proxy. Dunno, just another theory. It's my understanding that ASICs are not at all easy to make. Wouldn't the most likely scenario be someone with an x11 FPGA set up? I mean either way, they sure as hell will keep it a secret.