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Topic: Bitcoin is becoming a black hole - page 4. (Read 6123 times)

legendary
Activity: 2142
Merit: 1010
Newbie
September 15, 2013, 07:55:34 AM
#1
As u probably know, a black hole is a star with gravity that prevents light from escaping. Today I noticed a similar effect during downloading Bitcoin blockchain.  Grin

I was downloading the blockchain on a low-end computer, it had already taken a couple of weeks. Yesterday I checked the progress bar and saw "17 weeks behind". Today I connected to the computer and saw "18 weeks behind"! It seems to me that my computer downloads/verifies blocks at the rate that is lower than the rate they are mined. I believe I would outpace the generation rate but advent of ASICs made the situation worse and now I have to switch to a more powerful computer. Anyway, it's a funny situation. Smiley
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