The variations get bigger and bigger!
Can go to 700 or 1400 just for few hours!
i agree seems with all this hash its been swinging very wild i wonder if that has to do with block propagation.. If half the network is constantly 30sec - 1 min behind at block change would that cause crazy flux.. or is that negligible at this point.. Interesting for sure
Edit>> also i was thinking that they turned on and left it on all along and this could have just been network variance on finding blocks.. Hard to say.. But ive seen a lot question why one would turn on such a large amount and off(leaving coin on the table) but it could be testing or heat issue.. could also be a bad streak of luck as well..
Best Regards
d57heinz
well we do know that bitfury has a working chip that can do .06 to .11 watts per gh.
we do know they built a 40 megawatt plant
we do know all the wild swings started near that plant's announced startup.
So my guess is cranking it up and down as they learn to manage the full speed full power .
Last three days suck....
Part of what I find scary if they really have them is bulk sales. They chances are will use internal and get first on all they want I would guess. Then they move to big buyers. And if you think about it I'm willing to bet they have some sales already saying once chip comes out they want to buy.
Even at .11 it beats SP50, so not sure what SP team will do. Unless they play price games which did not help them on SP20's. So I think our main driving force will be bitfury. Only thing we don't know is if some companies such as Bitmain have one sitting there ready to make that can compete with bitfury. I almost hope bitfury is only one for a bit.... as I hate seeing high difficulty rising.
Value is up around 400 again (a few dollars shy), but positive to see a tad bit of rising. Difficulty is not looking great.
as long as new gear is being developed the builders have an interest in keeping price up.
From Feb 1 to July I see a lot happening.
Notice those 200 block days have not happened this adjustment.
Makes me think bitfury's 40 megawatt did those and now that diff jumped a few times we get 170-180 instead of 200-205 when the plant runs max.
Really does make me think the network in in the 1010 area right now if everyone pushes the equipment owned.
this jump may be 7% so 811 x 1.07 = 868ph with the ability to go to 1010 that would mean next adjustment no day will pass 168
If that is the case the bitfury 40 megawatt still makes sense. but it also means at least one more jump of 7% after this one.
to 929 ph and one more after that to 993 ph
so
Jan 13 to jan 26 = 7% 868ph
Jan 26 to feb 8 = 7% 929 ph
Feb 8 to feb 22 = 7% 993 ph
and then maybe we go flatter but since the network has shown a 970ph aver for 3 days in a row.
I think we get to 1000ph before that feb22 guess
