After reading this which could be fud.. http://bitcoinist.net/virtual-currency-issued-by-pboc-will-not-use-blockchain-technology/
Then looking here i find it interesting that its the china pools that all dropped big time. http://data.bitcoinity.org/bitcoin/hashrate/30d?c=m&t=a
Could be that they had all that old tech in super cheap data halls like phil proposed.. cheap power @ around 1 c.. So they could run that old tech now if they brought down their avg of the entire farm. So if 1/4 farm is old tech and 3/4 new it would avg out to maybe around .3 or .4 watts a gh.. morenew tech you add the more it drops your avg w/ghs. Then once you get it to so large or maxed out then you either wait till the old machine dies and replace with new or just outright replace it all which is what we might be seeing here.. This drop was the equivalent of all the old tech dropping at once lol.. around 300 ph Interesting to say the least!
Best Regards
d57heinz
Then looking here i find it interesting that its the china pools that all dropped big time. http://data.bitcoinity.org/bitcoin/hashrate/30d?c=m&t=a
Could be that they had all that old tech in super cheap data halls like phil proposed.. cheap power @ around 1 c.. So they could run that old tech now if they brought down their avg of the entire farm. So if 1/4 farm is old tech and 3/4 new it would avg out to maybe around .3 or .4 watts a gh.. morenew tech you add the more it drops your avg w/ghs. Then once you get it to so large or maxed out then you either wait till the old machine dies and replace with new or just outright replace it all which is what we might be seeing here.. This drop was the equivalent of all the old tech dropping at once lol.. around 300 ph Interesting to say the least!
Best Regards
d57heinz
Yeah it does look like 150 to 200ph dropped off.
Not sure exactly what they did. One guess is as good as another.
Ghost cities .
Load testing for super dam power plants.
A short term one cent contract from January 22 to Febuary 14 . But the gear is out there and we could see the jump of 150 to 200 ph any given time.
I clock the sales on their btc addy and they are not selling 1000 s-7s a week more like 800 to 900.
So the next 120-150 days should be all over the place.
And the power dam's really are happening one thread I love is haobtc - https://bitcointalksearch.org/topic/--1072474. I love Eric's pictures showing a different side of mining, it is much less secret then most companies.
But you will see they built near a power dam, which was very smart. Once can assume they get it pretty cheap on power. It's hard to tell how many private operation have great deals on electricity. I wish it was more like public traded companies with open books. But that chances are will never happen for most as they remain private companies.
how about this for a guess. big long holiday chinese new years. power use drops off as aluminum and big energy users shut down.
the dam has excess power.
So bitmaintech did multiple 1 cent contracts from Jan 22 to Feb 15…..
The power plants said WTF money is money even if it is only three weeks.
