Large bitcoin mining farm mining 4 blocks a day having made 1600BTC - page 4.

frott

newbie

Activity: 38

Merit: 0

Quote from: Dougie on June 07, 2013, 04:19:58 PM

Anyway it looks like I've scared them away from mining to this address. Maybe it's just a coincidence. Anyway it's a shame. I was enjoying seeing their coins go up so quickly!

Well, it was also highly visible on basically every blockchain viewer that suddenly an IP address was raking in over pools.

Dougie

full member

Activity: 211

Merit: 100

You are not special.

Quote from: aceking on June 07, 2013, 04:06:54 PM

Quote from: Tomatocage on June 07, 2013, 08:53:12 AM

Its ArtForz.

https://en.bitcoin.it/wiki/ArtForz

That doesn't say anything about a large mining operation. Maybe he discusses it in the IRC rooms.

Anyway it looks like I've scared them away from mining to this address. Maybe it's just a coincidence. Anyway it's a shame. I was enjoying seeing their coins go up so quickly!

aceking

full member

Activity: 229

Merit: 100

Quote from: Tomatocage on June 07, 2013, 08:53:12 AM

Its ArtForz.

https://en.bitcoin.it/wiki/ArtForz

threeip

full member

Activity: 154

Merit: 100

Quote from: Este Nuno on June 07, 2013, 09:58:57 AM

I don't want to be the first one to make wild accusations...

Is it possible this is BFL? Apologies if it's not.

You beat me to it! Can someone in Kansas City drop round and see if their power meter is spinning at 10000rpm?

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

I don't want to be the first one to make wild accusations...

Is it possible this is BFL? Apologies if it's not.

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

Quote from: RoadToHell on June 07, 2013, 09:34:51 AM

Quote from: runam0k on June 07, 2013, 09:20:02 AM

No mining today? Must know we're on to him! Grin

Or they read this thread and are now changing their address regularly.

Can still be discovered.

RoadToHell

sr. member

Activity: 260

Merit: 250

Quote from: runam0k on June 07, 2013, 09:20:02 AM

No mining today? Must know we're on to him! Grin

Or they read this thread and are now changing their address regularly.

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

Avalon units?

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

No mining today? Must know we're on to him! Grin

Welsh

staff

Activity: 3304

Merit: 4115

Wow, My mind is through the roof at the moment. That is a LOT.

Dougie

full member

Activity: 211

Merit: 100

You are not special.

Quote from: Tomatocage on June 07, 2013, 08:53:12 AM

Its ArtForz.

What are you basing that on if you don't mind me asking?!

Tomatocage

legendary

Activity: 1554

Merit: 1222

brb keeping up with the Kardashians

Its ArtForz.

JordanL

donator

Activity: 294

Merit: 250

Quote from: Dougie on June 07, 2013, 03:43:23 AM

Quote from: aceking on June 07, 2013, 03:38:54 AM

probably is Asciminer

ASICminer has publically known addresses and pays out dividends whereas this farm is keeping them all at one address. It's almost definitely AN ASIC setup since the alternatives would be ridiculous at this sort of speed but unless they are going against what they said they'd do and share the profits of each part of the company then it's not them.

Course, duh.

One of the other two ASIC companies doing a bit of a "test run" with their customers' hardware, seems like the most likely option.

bezzeb

member

Activity: 103

Merit: 10

While definitely jealous and always suspicious of the ASIC suppliers themselves for the mega-cash (like the posted address) they could be making while the products we ordered get old.....

My biggest question is why this miner is being so blatant about it. If they made a script to roll a hundred addresses on the hour for example, we would have never found this.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

My mind is blown Shocked

Dougie

full member

Activity: 211

Merit: 100

You are not special.

Quote from: Remember remember the 5th of November on June 07, 2013, 04:17:09 AM

Whoever this is, had an initial capital and either purchased OR made himself an ASIC and is reaping his success. Jealous? Yes, I am, but I am neither smart to design my own hardware nor do I have an initial investment to purchase the hardware.

Yeah it does seem that way. I just wish I'd had some more money last year to buy a bit more than I did but there's no point wishing your life away.

I'm just surprised whoever it is hasn't been cashing some of it out already. They are clearly not only big investors but also very confident in the bitcoin protocol which is nice.

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

Whoever this is, had an initial capital and either purchased OR made himself an ASIC and is reaping his success. Jealous? Yes, I am, but I am neither smart to design my own hardware nor do I have an initial investment to purchase the hardware.

ShadowOfHarbringer

legendary

Activity: 1470

Merit: 1006

Bringing Legendary Har® to you since 1952

Quote from: rudrigorc2 on June 07, 2013, 04:00:18 AM

you are right, its been a month..

time for some descentralization on mining? we have a few public pools, some private, now some private groups, and maybe some soloists still trying their luck...

Want decentralization ? Use P2Pool. Convince other people to use P2Pool.

Dougie

full member

Activity: 211

Merit: 100

You are not special.

Quote from: rudrigorc2 on June 07, 2013, 04:00:18 AM

time for some descentralization on mining?

I guess it is a good thing if it becomes more and more decentalised. We probably don't need to worry too much about them getting too powerful. There are so many reasons why that wouldn't happen. I'll keep an eye out and see if they ever decide to transer any of those coins!

rudrigorc2

legendary

Activity: 1064

Merit: 1000

you are right, its been a month..

time for some descentralization on mining? we have a few public pools, some private, now some private groups, and maybe some soloists still trying their luck...

Topic: Large bitcoin mining farm mining 4 blocks a day having made 1600BTC - page 4. (Read 14186 times)