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Topic: Future Hash Rate Poll 1/2013 - page 2. (Read 3823 times)

legendary
Activity: 1064
Merit: 1001
September 28, 2012, 10:54:30 AM
#14
I did some quick figuring,
of the first ~200 order numbers about ~50 were reported. (ignoring dates only paying attention to order numbers ~1650- ~1850)
So assuming that 100% of those 200 order #s were actually turned in to ASIC orders AND reported you'd have a lower limit of 4:1 ratio of order numbers to actual orders...
Of course it's hard to believe that would continue across the entire order list.
However it may serve as a possible lower limit to all this guesstimation.

so 1/4 of ~20x is of course ~5x increase.

So ~5x increase to ~20x seems to be a fairly reasonable possibility.

Thoughts? data?

Inaba has already confirmed that it'll be well under 10x for BFL orders.

Predictions on where things will go within 12 months sit at around 10-15x max. My own calculations last month put it around 7x for the first 3 months or so.
sr. member
Activity: 330
Merit: 250
September 27, 2012, 10:08:59 PM
#13
I did some quick figuring,
of the first ~200 order numbers about ~50 were reported. (ignoring dates only paying attention to order numbers ~1650- ~1850)
So assuming that 100% of those 200 order #s were actually turned in to ASIC orders AND reported you'd have a lower limit of 4:1 ratio of order numbers to actual orders...
Of course it's hard to believe that would continue across the entire order list.
However it may serve as a possible lower limit to all this guesstimation.

so 1/4 of ~20x is of course ~5x increase.

So ~5x increase to ~20x seems to be a fairly reasonable possibility.

Thoughts? data?
legendary
Activity: 1386
Merit: 1097
September 27, 2012, 10:27:22 AM
#12
* most of valid orders are 3.5GH jalapenos

But many of valid orders are more Singles SC...
newbie
Activity: 29
Merit: 0
September 27, 2012, 09:55:52 AM
#11
I'm just re-posting this math from the BFL ASIC orders page...


30.768 Th confirmed so far...
455 Confirmed orders...

67.62GH per order average...
* 7029 orders =
475.315Th

19x Current ~25Th

No adjustments for unfilled orders

Hi,

I think that:

* 7000 valid orders is a nonsense, maybe 2000
* most of valid orders are 3.5GH jalapenos

I'm sure that BFL hardware will change the mining completely, but expect more than +100TH from 01.01.2013 is simply unrealistic


sr. member
Activity: 330
Merit: 250
September 24, 2012, 01:57:17 AM
#10
I'm just re-posting this math from the BFL ASIC orders page...


30.768 Th confirmed so far...
455 Confirmed orders...

67.62GH per order average...
* 7029 orders =
475.315Th

19x Current ~25Th

No adjustments for unfilled orders
legendary
Activity: 1778
Merit: 1008
September 22, 2012, 07:49:57 PM
#9
Oh duh...  Roll Eyes my mistake. Yes the block reward will be at 25 by then... guess I'll have to half those estimates...

I may have to make another poll:
Which will have greater returns?
Buy ASIC Mining Hardware or just invest in BTC directly.

I'm also coming to the conclusion that despite the technological leap that ASICs are, the $ Invested to $ Returns ratio will be similar to what we had in the GPU days once dificulty/hash rate balances out with most of the gains being as a result of power savings.

yup. i am figuring the only way to keep my meager mining income (i only have about 300mhash) will be to increase my hash rate by at least a factor of ten... so, at a minimum, a jalpeno from bfl. i'm hoping, on the other hand, to get enough cash together to get something more like 30ghash or up... who knows, eh?
legendary
Activity: 2212
Merit: 1001
September 22, 2012, 05:59:30 PM
#8

I'm also coming to the conclusion that despite the technological leap that ASICs are, the $ Invested to $ Returns ratio will be similar to what we had in the GPU days once dificulty/hash rate balances out with most of the gains being as a result of power savings.

Exactly  Grin

The power consumption will be reduced by at least 60-80%,supposedly  Cool
sr. member
Activity: 330
Merit: 250
September 22, 2012, 02:38:35 PM
#7
Oh duh...  Roll Eyes my mistake. Yes the block reward will be at 25 by then... guess I'll have to half those estimates...

I may have to make another poll:
Which will have greater returns?
Buy ASIC Mining Hardware or just invest in BTC directly.

I'm also coming to the conclusion that despite the technological leap that ASICs are, the $ Invested to $ Returns ratio will be similar to what we had in the GPU days once dificulty/hash rate balances out with most of the gains being as a result of power savings.
hero member
Activity: 637
Merit: 502
September 22, 2012, 11:02:48 AM
#6
No customer will mine with a BFL asic miner @ 50BTC/block.
sr. member
Activity: 330
Merit: 250
September 22, 2012, 02:01:35 AM
#5
So correct me if I'm wrong but ball parking the monthly revenue for a 40Ghs Mining hardware would be ~420BTC at today's difficulty?
~9100BTC/day @ 26Ths @ 50BTC/block

Therefore:
$12 per BTC

5x = 84BTC = $1008
10x = 42BTC = $504
20x = 21BTC = $252
35x = 12BTC = $144
50x = 8.4BTC = $100.8

donator
Activity: 1218
Merit: 1079
Gerald Davis
September 20, 2012, 07:11:20 PM
#4
Yes difficulty and hashrate are directly linear.  Also technically the current exact hashrate is never known.  It is simply estimated from difficulty and the average rate of block generation.
member
Activity: 80
Merit: 10
September 20, 2012, 07:08:03 PM
#3
I have a question, does network hash rate directly correlate to difficulty?
For example, right now if 21 TH/sec with a difficulty of 2.86M were to double to 42TH/sec would that directly double the difficulty to 5.72M and so on?

I believe that is correct - a direct linear correlation. I'm not certain however, and would definitely like to hear from others that may know more about this.
newbie
Activity: 13
Merit: 0
September 19, 2012, 05:57:19 PM
#2
I have a question, does network hash rate directly correlate to difficulty?
For example, right now if 21 TH/sec with a difficulty of 2.86M were to double to 42TH/sec would that directly double the difficulty to 5.72M and so on?
sr. member
Activity: 330
Merit: 250
September 19, 2012, 05:36:25 PM
#1
I've seen this question being tossed around in various forum topics.
Hopefully I'm not repeating a thread.
I thought it would be fun to see what everyone was thinking...

I made the pole so you could change your vote.
Hopefully after some well thought out arguments some may change their minds.

 Grin
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