BitFury has the No. 1 Crown for Now... - page 4.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Hunyadi on December 16, 2015, 06:19:51 AM

Quote from: DrG on December 16, 2015, 05:28:37 AM

Quote from: Hunyadi on December 16, 2015, 04:53:14 AM

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

Maybe. They have 6 months to make some money off of it before the halving. Halving is coming.

That will be the most efficient miner out there. They will be making money when others are not.

They stated their chip is so good that no one can compete against it so they will sell chips to keep the playing field level.

I see trouble ahead.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: toptek on December 16, 2015, 06:06:42 AM

Quote from: DrG on December 16, 2015, 05:28:37 AM

Quote from: Hunyadi on December 16, 2015, 04:53:14 AM

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

Maybe. They have 6 months to make some money off of it before the halving. Halving is coming.

and the halving is bad why ?. if bitcoins keep going up how they are the halving will have no effect at all the only thing i see bad is 12.5 less coins per block and higher difficulty, i don't see that as bad unless the chip makers try to shut out everyone and mine for them self, which is possible, but some one will come a long and stop that unless the laws of the land stop home miners or make it to hard to do it in your home, by law.

I don't think they ever planned to do it. The article says that they "announced mass-production of its full-custom design 16nm Application Specific Integrated Circuit (ASIC) Chip". But even if they were so "evil" that they only mine for themselves with the chip, I bet someone else would develop a similar chip or would just pirate this one. )

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: DrG on December 16, 2015, 05:28:37 AM

Quote from: Hunyadi on December 16, 2015, 04:53:14 AM

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

Maybe. They have 6 months to make some money off of it before the halving. Halving is coming.

That will be the most efficient miner out there. They will be making money when others are not.

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: DrG on December 16, 2015, 05:28:37 AM

Quote from: Hunyadi on December 16, 2015, 04:53:14 AM

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

Maybe. They have 6 months to make some money off of it before the halving. Halving is coming.

and the halving is bad why ?. if bitcoins keep going up how they are the halving will have no effect at all the only thing i see bad is 12.5 less coins per block and higher difficulty, i don't see that as bad unless the chip makers try to shut out everyone and mine for them self, which is possible, but some one will come a long and stop that unless the laws of the land stop home miners or make it to hard to do it in your home, by law.

flikflak

sr. member

Activity: 408

Merit: 259

^^ Thanks for the link above. So we can expect new gear in q2/3 then?

BTW, even with its 20% jump in two days to around 95b we are still better than in Apr/May 2015 (when you account your btc in $).

Difficulty then was ~ 48b and ~225-230 USD per BTC
Difficulty in 2days will be ~95b and 450-465 USD per BTC so far the revenue in usd is better than it was 15 adjustments before with 79b. Diff should be at 120b.

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: Hunyadi on December 16, 2015, 04:53:14 AM

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

Maybe. They have 6 months to make some money off of it before the halving. Halving is coming.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE Shocked

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: GenTarkin on August 12, 2015, 12:10:35 AM

https://blockchain.info/pools?timespan=4days

Check out the 4 day, thats even more sad. Think this is a first time in mining history any single entity is the largest. Larger than any pool for 4 days running. FUCK YOU BITFURY!
BTC becoming more and more centralized... fun times. Game is almost over =)

Are you mining?

No?

Oh okay..

See the problem?

Amph

legendary

Activity: 3248

Merit: 1070

i've noticed that the more we go the more distributed the hashrate seems, because i remember that only f2pool an antpool were leading the hashpower, but it appear that chinese are preventing purposely the 51% to be a reality, this is good

GenTarkin

legendary

Activity: 2450

Merit: 1002

https://blockchain.info/pools?timespan=4days

Check out the 4 day, thats even more sad. Think this is a first time in mining history any single entity is the largest. Larger than any pool for 4 days running. FUCK YOU BITFURY!
BTC becoming more and more centralized... fun times. Game is almost over =)

OROBTC

legendary

Activity: 2940

Merit: 1865

...

TheRealSteve

Yes, that is very true, I did somewhat cherry-pick BitFury's block wins (I probably check those Mining Pool Stats once a day). Variation, yes. Still, BitFury may have an advantage on F2Pool as they make the chips.

"Variation" is why I put the "for Now" in the title of this thread.

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

BitFury has been number 3, mostly, but variance makes it difficult to gauge even over a 3-day timespan.

valkir

legendary

Activity: 1484

Merit: 1004

That huge! Just sad that they do not make gear for home mining! Tongue

OROBTC

legendary

Activity: 2940

Merit: 1865

...

BitFury, which has been (mostly) number two in blocks won recently has just moved into first place:

https://blockchain.info/pools

BitFury: 103
AntPool: 102
F2Pool: 99

Topic: BitFury has the No. 1 Crown for Now... - page 4. (Read 11267 times)