Author

Topic: More ASICs in the wild? - New 162GHps miner account on eleigius (Read 2740 times)

sr. member
Activity: 434
Merit: 250
They're Avalon batch 1 units. Someone reported receiving three just yesterday.

I don't see why would somebody with that kind of hashpower join any pool at all. If your average blocktime is like few days, why bother with pools? Of course if you want to show off, or create market hype and publicity for (non excisting?) ASICs then you most definitely want to be on top of some pools top lists.

Two reasons. First, to reduce variance. Secondly, because aiming a 65Gh ASIC at the bitcoin client causes problems.
hero member
Activity: 868
Merit: 1000
Theres now also a 2Th+ miner on OzCoin..... Prolly Avalon shipping.....
sr. member
Activity: 280
Merit: 250
I don't see why would somebody with that kind of hashpower join any pool at all. If your average blocktime is like few days, why bother with pools? Of course if you want to show off, or create market hype and publicity for (non excisting?) ASICs then you most definitely want to be on top of some pools top lists.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Ahh the power to mine (money) now in fewer and fewer hands just like every bank.  And people think ASIC is good for BTC.



I am with you Mate. Will be like a few big banks playing Ping Pong with all the coins shortly.
Aahhh the greedy people raging that they no more can become rich with their computer.
full member
Activity: 145
Merit: 100
Ahh the power to mine (money) now in fewer and fewer hands just like every bank.  And people think ASIC is good for BTC.



I am with you Mate. Will be like a few big banks playing Ping Pong with all the coins shortly.

Price of GH/s is going down rapidly, and you complain that it is in fewer hands? And are much easier to setup / takes less energy. Care to explain your reasoning? Also Asicminer is opening a trading platform where anyone with a BTC can have a share or two. From my POV, the Hashpower is distributing just fine. Of course there will be winners and loser on who get the stuff first, but in in the long run, it doesn't matter at all.

full member
Activity: 150
Merit: 100
Ahh the power to mine (money) now in fewer and fewer hands just like every bank.  And people think ASIC is good for BTC.



I am with you Mate. Will be like a few big banks playing Ping Pong with all the coins shortly.
legendary
Activity: 1176
Merit: 1001
It must be an Avalon, given that BLF didn't developed it's own and that it has the same exact hash power of the Avalon.
Really interesting, thank you!

And people think ASIC is good for BTC.
Some big institution developing their own ASIC while you still mine with your GPU is certainly not good for BTC, it's an easy concept, no?
sr. member
Activity: 285
Merit: 250
Ahh the power to mine (money) now in fewer and fewer hands just like every bank.  And people think ASIC is good for BTC.

newbie
Activity: 34
Merit: 0
BTC 9.51446449 in ~24h --> cool!!!
It's ~€190/day
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