It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for EVERYONE.
Seems like the Chinese have won the Asic arms race.
Edit: fixed it for ya. Stop fixating on BFL.
Topic: Hash Rate Jumps Up 39% In 10 Days. From 71mil to 99mil - page 3. (Read 5496 times)
Seems like the Chinese have won the Asic arms race.
Edit: fixed it for ya. Stop fixating on BFL.
look who's mining.
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
This is meaningless, an IP, most likely dynamic, possibly in Kansas is mining bitcoins, are we supposed to care?
I forgot to put this image up of the IP.
It looks like ASICMINER is centralizing Bitcoin mining. Is this a bad thing? Certainly make it way less profitable for BFL customers.
i dont even see that ip in the connected nodes. maybe your 20/20 investigative reporting style scared them away. Either way its asicminer. hash rate would be insanely hihger if bfl was mining with a lot of machines. A few test ones I would bet on.
look who's mining.
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
The first link is the whois of the ip in the Connected-Nodes of a person in Kansas. When you Google BFL's address you get the exact location for both on the map. The globe shows someone with massive Hashing power in Kansas. Its either ASICMINER, BFL or an unknown miner. Pick one.
This was the latest asicminer update
They tested 10,000 usb units! Tested = mining. Deploying 50TH by june! Its already 2nd week of may. Guestimating half of 50TH was deployed. 200TH more deploying in 2 months. Again, why the need to guess who brought the TH, its in frggin black and white.
Quote
Wednesday Dividend Update -- 8 May 2013
For the week 1-8 May 2013, the dividend was 0.01108519 BTC per share.
Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.
The latest news up to 8 May 2013.
> 200 TH/s has been ordered for 2-3mo deployment timeframe.
> USB devices fully tested, 10,000 units ready for order at 1.99 BTC each.
> Block Erupter sales have produced an average of 50 BTC per unit, or a total of ~2500 BTC in the latest auction.
> If 10 TH/s is sold as planned in Block Erupter auctions at 50 BTC per 10 GH/s unit, Bitfountain will receive 50000 BTC, which is a healthy 0.125 BTC per share in dividends.
> 50 TH/s is estimated to be fully deployed by June of this year.
For the week 1-8 May 2013, the dividend was 0.01108519 BTC per share.
Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.
The latest news up to 8 May 2013.
> 200 TH/s has been ordered for 2-3mo deployment timeframe.
> USB devices fully tested, 10,000 units ready for order at 1.99 BTC each.
> Block Erupter sales have produced an average of 50 BTC per unit, or a total of ~2500 BTC in the latest auction.
> If 10 TH/s is sold as planned in Block Erupter auctions at 50 BTC per 10 GH/s unit, Bitfountain will receive 50000 BTC, which is a healthy 0.125 BTC per share in dividends.
> 50 TH/s is estimated to be fully deployed by June of this year.
They tested 10,000 usb units! Tested = mining. Deploying 50TH by june! Its already 2nd week of may. Guestimating half of 50TH was deployed. 200TH more deploying in 2 months. Again, why the need to guess who brought the TH, its in frggin black and white.
I know whats hes suggesting, but i fail to see the proof in the links. Im trying to figure out what his mix of google maps and ip lookup have anything to do with bfl mining.
If you are in the bitminter pool you can see asicminer brought 4TH the past week in that pool alone.
If you are in the bitminter pool you can see asicminer brought 4TH the past week in that pool alone.
He is implying it is BFL. Frankly,while that would be promising for BFL customers, it seems unlikely. Has the AM forum/thread claimed to have deployed more hash power in the last few days?
Ok i'll bite what am i supposed to be seeing. Do i need to put on a tin foil hat before i look.
Or should i just look at the asicminer post where they are telling us they are putting a shitload of TH into the network.
Or should i just look at the asicminer post where they are telling us they are putting a shitload of TH into the network.
Fail to see what you are trying to say there with your links. its no secret its asicminer.
I think he was suggesting you look at Kansas
Fail to see what you are trying to say there with your links. its no secret its asicminer.
look who's mining.
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
http://www.traceip.nl/trace_ip_adres.php?ra=173.197.46.89
http://blockchain.info/connected-nodes
https://maps.google.ca/maps?oe=utf-8&client=firefox-a&ie=UTF-8&q=butterfly+labs+address&fb=1&gl=ca&hq=butterfly+labs&cid=0,0,5769472180036885364&ei=QamRUd2ZI6OkigKLk4DYBg&ved=0CJUBEPwSMAE
http://blockchain.info/nodes-globe?series=onlineNow
These sudden jumps caused by small organized groups are going to crash Bitcoin in the near future.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Speaking the truth!
These sudden jumps caused by small organized groups are going to crash Bitcoin in the near future.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Whatisthisidonteven...
These sudden jumps caused by small organized groups are going to crash Bitcoin in the near future.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Repent ASICS, the End is Nigh!
Seriously, once the "real world" understands what Bitcoin is going through they are going to laugh in our faces. The joke is on us.
Could be BFL, mining on all those chips while dilly dallying the customers?
+10 
Its the old lady with the soldering iron from BFL.
She stole BFLs schematics and had her grandson, who happens to be an electrical engineer, fix the power problems.
She then spent 24 hours assembling them by herself with a soldering iron.
24 hours you say??? Yeah shes a pro.
She stole BFLs schematics and had her grandson, who happens to be an electrical engineer, fix the power problems.
She then spent 24 hours assembling them by herself with a soldering iron.
24 hours you say??? Yeah shes a pro.
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