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Topic: Bitcoin: Analysis on Hashrate Growth {Video} (Read 1035 times)

sr. member
Activity: 418
Merit: 250
August 01, 2015, 08:31:17 AM
#9
It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
I am sure this will happen. It will comes in waves, alongside price movements.

Yea I believe you're right. It all comes in cycles.
legendary
Activity: 1792
Merit: 1000
It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
I am sure this will happen. It will comes in waves, alongside price movements.
sr. member
Activity: 418
Merit: 250
It will also be interesting to see when Bitcoin's price goes up if we see a surge of investors pushing chip research and large farm style mining that will once again push our hashrate through this roof.
legendary
Activity: 3248
Merit: 1070
we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash

i was wondering what happen if adoption initiate at a faster rate, much faster than mining growth, i suppose that from now the mining growth will be very slow , no one can't add for example 1 exahash overnight or something

so the more we move up the more possibility for the price to surpass the hash rate by a long shoot, maybe small miners will have a meaning again
sr. member
Activity: 418
Merit: 250
Huge apology to everyone, I messed up my figures. Hope you are all not too disappointed in me.
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash

402,809,137 GH/s

Equals to 402,809 mining machines with 1 TH/s or 1000 MH/s.

1 TH/s == 300x PC with 3x 5870 (not overclocked) abusing 300-450 KWH

1 TH/s == 300x Icarus fpga using 6 KWH

1 TH/s == 1x Asic miner 2014 that uses 1 KWH

Ergo BTC1 should be cheaper and cheaper...
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
we are not looking at exashaes jason, we have 450 petahashes - incoming .5 exahash
legendary
Activity: 1792
Merit: 1000
Hey Jason. I remember enjoying your videos about a year ago. Glad to see you are still making them.
sr. member
Activity: 418
Merit: 250
Hey guys it's Jason. It's been a long and busy summer, but just wanted to share with you my new videos. Hope you enjoy!

Video: https://youtu.be/mzhKw9nukV8
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