"Keep pushing everyone, we are having a major impact."
http://libertyblitzkrieg.com/2014/06/11/the-obama-administration-is-trying-to-cover-up-the-va-scandal-by-issuing-subpoenas-to-whistle-blower-sites/
Topic: Gold collapsing. Bitcoin UP. - page 1126. (Read 2032266 times)
Technology on fire:
Uber's sign-ups jump 850% after strike 'own goal'
http://www.cnbc.com/id/101749499
Uber's sign-ups jump 850% after strike 'own goal'
http://www.cnbc.com/id/101749499
Now this is what I call growth. Even bacteria in a petri dish pales in comparison:
https://i.imgur.com/fc9KX2F.png
https://i.imgur.com/fc9KX2F.png
http://bitcoin.sipa.be/growth.png
Growth is constantly decreasing, miners are getting squeezed. That petri dish just doesn't have much nutrients left.
I remember back in 2013-ish, some goob had some cockamamie theory about the relationship between hash rate and BTC valuations.
"I pity da' foo" who listened to that nonsense and executed on it thus-far in 2014.
if they've followed that theory since 2011, they've done great.
""Many hard-currency loyalists who sought refuge to the safety of gold out of protest against central banks' erosion of currency value are now fleeing to bitcoin," Ashraf Laidi wrote in a recent client note."
becoming Top-of-Mind.
http://www.cnbc.com/id/101750703
becoming Top-of-Mind.
http://www.cnbc.com/id/101750703
Now this is what I call growth. Even bacteria in a petri dish pales in comparison:
https://i.imgur.com/fc9KX2F.png
https://i.imgur.com/fc9KX2F.png
http://bitcoin.sipa.be/growth.png
Growth is constantly decreasing, miners are getting squeezed. That petri dish just doesn't have much nutrients left.
I remember back in 2013-ish, some goob had some cockamamie theory about the relationship between hash rate and BTC valuations.
"I pity da' foo" who listened to that nonsense and executed on it thus-far in 2014.
Expedia will soon be selling tickets to the Moon.
Sharpening my short stick...
Careful, the blind fanboys here might burn you alive for speaking freely like that.
Sharpening my short stick...
One Hundred Million Giga Hash per Second! Holy mother of god!
This is actually a really interesting benchmark. I'd say the network is *approaching* secure. Another 10x-100x and I might be willing to call it.
100 PH is interesting because that's about what the NSA's new 60MW datacenter in Utah could generate if you fill the whole thing with 0.5W/GH ASICs.
Obviously they're going to have to non-public datacenters that are likely a good deal larger, but still...the above observation shows that the network really is achieving a scale that's nearing real security.
Sidenote: the growth-rate this past year has been astonishing. I recall when I first made the above calc, I thought it'd be years before we got here. Bitcoin's growth continues to impress me.
The decentralization of the hashing is another issue.
Otherwise folks wouldn't care about the NSA so much in the first place.
One Hundred Million Giga Hash per Second! Holy mother of god!
Only a mere 0.1 ExaHash
Mine sounds cooler. You gotta know how to market it
Wow that really doesn't sound like me. I'm actually really really impressed.
One Hundred Million Giga Hash per Second! Holy mother of god!
Only a mere 0.1 ExaHash
One Hundred Million Giga Hash per Second! Holy mother of god!
This is actually a really interesting benchmark. I'd say the network is *approaching* secure. Another 10x-100x and I might be willing to call it.
100 PH is interesting because that's about what the NSA's new 60MW datacenter in Utah could generate if you fill the whole thing with 0.5W/GH ASICs.
Obviously they're going to have to non-public datacenters that are likely a good deal larger, but still...the above observation shows that the network really is achieving a scale that's nearing real security.
Sidenote: the growth-rate this past year has been astonishing. I recall when I first made the above calc, I thought it'd be years before we got here. Bitcoin's growth continues to impress me.
oakpacific made a really good point once that the real point of network security will be when a single geographic location cannot supply an equivalent amount of electricity to power an attackers needs to match that of the Bitcoin network.
How about both with different levels of security.
Anyone care to guess where this guy got the number of 6000x the top 500 supercomputers in the world?
http://bitcoinmagazine.com/13258/twenty-mind-bending-secrets-bitcoin/
http://bitcoinmagazine.com/13258/twenty-mind-bending-secrets-bitcoin/
One Hundred Million Giga Hash per Second! Holy mother of god!
This is actually a really interesting benchmark. I'd say the network is *approaching* secure. Another 10x-100x and I might be willing to call it.
100 PH is interesting because that's about what the NSA's new 60MW datacenter in Utah could generate if you fill the whole thing with 0.5W/GH ASICs.
Obviously they're going to have to non-public datacenters that are likely a good deal larger, but still...the above observation shows that the network really is achieving a scale that's nearing real security.
Sidenote: the growth-rate this past year has been astonishing. I recall when I first made the above calc, I thought it'd be years before we got here. Bitcoin's growth continues to impress me.
oakpacific made a really good point once that the real point of network security will be when a single geographic location cannot supply an equivalent amount of electricity to power an attackers needs to match that of the Bitcoin network.
One Hundred Million Giga Hash per Second! Holy mother of god!
This is actually a really interesting benchmark. I'd say the network is *approaching* secure. Another 10x-100x and I might be willing to call it.
100 PH is interesting because that's about what the NSA's new 60MW datacenter in Utah could generate if you fill the whole thing with 0.5W/GH ASICs.
Obviously they're going to have to non-public datacenters that are likely a good deal larger, but still...the above observation shows that the network really is achieving a scale that's nearing real security.
Sidenote: the growth-rate this past year has been astonishing. I recall when I first made the above calc, I thought it'd be years before we got here. Bitcoin's growth continues to impress me.
http://bitcoin.sipa.be/
Not the daily growth rate unfortunately, but logarithmic hashrate development since inception.
Not the daily growth rate unfortunately, but logarithmic hashrate development since inception.
Now this is what I call growth. Even bacteria in a petri dish pales in comparison:
https://i.imgur.com/fc9KX2F.png
https://i.imgur.com/fc9KX2F.png
Growth is constantly decreasing, miners are getting squeezed. That petri dish just doesn't have much nutrients left.
well then, all that fiat will just have to flow over into the price.
Is that chart available anywhere over longer periods? Should have an obvious leading inverse correlation with price assuming that theory is true.
Now this is what I call growth. Even bacteria in a petri dish pales in comparison:
https://i.imgur.com/fc9KX2F.png
https://i.imgur.com/fc9KX2F.png
Growth is constantly decreasing, miners are getting squeezed. That petri dish just doesn't have much nutrients left.
well then, all that fiat will just have to flow over into the price.
Now this is what I call growth. Even bacteria in a petri dish pales in comparison:
https://i.imgur.com/fc9KX2F.png
https://i.imgur.com/fc9KX2F.png
Growth is constantly decreasing, miners are getting squeezed. That petri dish just doesn't have much nutrients left.
One Hundred Million Giga Hash per Second! Holy mother of god!
what is that year over year? i can't even see the value from June 10, 2013.
Jump to: