Where are KNC on the map here? Thought they are a major player in this game? 
KNC was overtaken by Bitmain and Bitfury long long ago. Bitmain is the largest supplier of the miners in the world.
Topic: Network just jumped up 100 petahashes!!! (Read 5584 times)
KNC was overtaken by Bitmain and Bitfury long long ago. Bitmain is the largest supplier of the miners in the world.
KnC has had no significant hash rate increase in a LONG time in their in-house pool.
Dunno if they're having yield issues on their announced "solar" chip, or if they were making bogus claims of "when" AGAIN, or if they're in a major financial bind and can't buy enough of them to matter (one post somewhere on the forums here mentioned their bank "freezing" their account).
I suppose I should list them as 7) though.
Dunno if they're having yield issues on their announced "solar" chip, or if they were making bogus claims of "when" AGAIN, or if they're in a major financial bind and can't buy enough of them to matter (one post somewhere on the forums here mentioned their bank "freezing" their account).
I suppose I should list them as 7) though.
Where are KNC on the map here? Thought they are a major player in this game?
We've seen bigger diff adjustments in the past, just not in the last couple years or so.
I expect it's a combination of factors:
1) Bitmain continuing to build S7s as fast as they can, deploying them to their own farm 'till they can sell some of them.
2) Avalon getting 6 production ramped up, then see #1.
3) Possibility BitFury has gotten it's new 14nm gear into full production.
4) Possibility Spondoolies has gotten the SP50 into production.
5) Possibility BW.com got the B-Eleven into production earlier than expected.
6) Long shot Innosilicon has gotten the A3 into production months earlier than estimated.
Generation change is happening in miners, always fuels a high amount of new hashrate for a while.
I expect it's a combination of factors:
1) Bitmain continuing to build S7s as fast as they can, deploying them to their own farm 'till they can sell some of them.
2) Avalon getting 6 production ramped up, then see #1.
3) Possibility BitFury has gotten it's new 14nm gear into full production.
4) Possibility Spondoolies has gotten the SP50 into production.
5) Possibility BW.com got the B-Eleven into production earlier than expected.
6) Long shot Innosilicon has gotten the A3 into production months earlier than estimated.
Generation change is happening in miners, always fuels a high amount of new hashrate for a while.
Anybody got any explanation for this jump ? Its like nothing ive seen in the past. Im quite shocked actually.
combination of many things, all at once, more miners, another new company jumping in? and diff error a big %
Anybody got any explanation for this jump ? Its like nothing ive seen in the past. Im quite shocked actually.
Most likely Antpool. They have almost 25% of the entire network.
Anybody got any explanation for this jump ? Its like nothing ive seen in the past. Im quite shocked actually.
942,302.93 TH/s 24 hour high looks like about 200 peta added in last 24 hours.. some could be variance but damn thats a hell of a swing!..
Price 416.95 USD/฿
Hashrate 942.30 PH/s
Activity 120 TX/min
Unconfirmed Txs 1,836
Fee Rate 0.00015504 BTC
https://chain.so/BTC
you can see here the expected growth has no signs of stopping soon either.. even the 14 day growth is headed to 1 % per day!!
Price 416.95 USD/฿
Hashrate 942.30 PH/s
Activity 120 TX/min
Unconfirmed Txs 1,836
Fee Rate 0.00015504 BTC
https://chain.so/BTC
you can see here the expected growth has no signs of stopping soon either.. even the 14 day growth is headed to 1 % per day!!
We will easily push a 1EH network within the next month at this rate.
Wonder if we hit the 100 difficulty on this difficulty adjustment...
Wonder if we hit the 100 difficulty on this difficulty adjustment...
i believe your right.. 1 exa easy just how much more from there is the question?
Best Regards
d57heinz
913,340.18 TH/s new 24 hr high reported by wallet
diff at this speed 127,592,148,631.51000000
what a day today
best regards
d57heinz
make that 927,194.71 TH/s
diff at this speed 127,592,148,631.51000000
what a day today
best regards
d57heinz
make that 927,194.71 TH/s
every body need to mine before the hafing into 6 months or soo in this case the Hses growing its normal but will come to less gorwth after the halfing
We will easily push a 1EH network within the next month at this rate.
Wonder if we hit the 100 difficulty on this difficulty adjustment...
Wonder if we hit the 100 difficulty on this difficulty adjustment...
869,363.67 TH/s for the 24 hour high.. diff at that speed once adjusted.. 121,448,702,034.58000000
just keeps creeping up and up
http://bitcoin.sipa.be/speed-lin-10k.png 500 block avg
http://bitcoin.sipa.be/speed-lin-2k.png 200 block avg
just keeps creeping up and up
http://bitcoin.sipa.be/speed-lin-10k.png 500 block avg
http://bitcoin.sipa.be/speed-lin-2k.png 200 block avg
new high 858,525.92 TH/s
when the network steadies there it will be at diff 119,934,685,196.55000000..
well have to wait it out to even think of buying any hw... i learned a hard lesson with the s1 as i chased not only diff but the price dropped aswell.. Sucks to be squeezed so hard so fast
best regards
d57heinz
when the network steadies there it will be at diff 119,934,685,196.55000000..
well have to wait it out to even think of buying any hw... i learned a hard lesson with the s1 as i chased not only diff but the price dropped aswell.. Sucks to be squeezed so hard so fast
best regards
d57heinz
i predict diff over 100 possibly by end of month at the earliest.. latest would be mid jan.. We already past 660 peta. Source bitcoinwisdom. so to go on the method that seem to work for me.. the highest 24 hour peak that i seen was 740 petahashes.. So i expect within a couple more diff changes that we be around 105 bil diff. Current 24 hr hashrate is.. 740,930.10 TH/s ..
Best Regards
d57heinz
Best Regards
d57heinz
well price is over 410 and does support 100 diff and we are in the middle of a huge amount of hash.
So 100 by new years will happen and if you look at this price offered for cloud s-7's
https://bitcointalksearch.org/topic/lee-group1150-the-group-buy-of-hosted-bitmain-s7-473t-online-on-27th-jan-1283287
I can see more on line. By the end of Jan say a diff of 120.
A diff of 120 with a price of 400 usd starts killing off some gear. S-3's lose money at a diff of 110 and 10 cent power
s-5's lose money with a price of 400 usd a coin a diff of 160 and 10 cent power
So maybe we push up near a diff of 120 kill off all gear worse then .75 watts a gh then slowly rise. At a certain point the older gear drops off and the diff flattens.
i agree completely.. I think this push is to drop off all the old gear. And to preorder now i think is a bit risky to say the least.. miners will be 20 % less by end of jan or maybe more if diff keeps up like this..
Best Regards
d57heinz
i predict diff over 100 possibly by end of month at the earliest.. latest would be mid jan.. We already past 660 peta. Source bitcoinwisdom. so to go on the method that seem to work for me.. the highest 24 hour peak that i seen was 740 petahashes.. So i expect within a couple more diff changes that we be around 105 bil diff. Current 24 hr hashrate is.. 740,930.10 TH/s ..
Best Regards
d57heinz
Best Regards
d57heinz
well price is over 410 and does support 100 diff and we are in the middle of a huge amount of hash.
So 100 by new years will happen and if you look at this price offered for cloud s-7's
https://bitcointalksearch.org/topic/lee-group1150-the-group-buy-of-hosted-bitmain-s7-473t-online-on-27th-jan-1283287
I can see more on line. By the end of Jan say a diff of 120.
A diff of 120 with a price of 400 usd starts killing off some gear. S-3's lose money at a diff of 110 and 10 cent power
s-5's lose money with a price of 400 usd a coin a diff of 160 and 10 cent power
So maybe we push up near a diff of 120 kill off all gear worse then .75 watts a gh then slowly rise. At a certain point the older gear drops off and the diff flattens.
i predict diff over 100 possibly by end of month at the earliest.. latest would be mid jan.. We already past 660 peta. Source bitcoinwisdom. so to go on the method that seem to work for me.. the highest 24 hour peak that i seen was 740 petahashes.. So i expect within a couple more diff changes that we be around 105 bil diff. Current 24 hr hashrate is.. 740,930.10 TH/s ..
Best Regards
d57heinz
edit new 24 hour high 748,122.41 TH/s
Make that 786,558.35 TH/s Damn.. when is enough enough!!! at what point do we say thats enough hash to secure the network. Come on now.. at some point id say its overkill..
Best Regards
d57heinz
edit new 24 hour high 748,122.41 TH/s
Make that 786,558.35 TH/s Damn.. when is enough enough!!! at what point do we say thats enough hash to secure the network. Come on now.. at some point id say its overkill..
The hash rate will keep on rising as Bitmain has plan to deliver 40PH/s in the next two months. Bitmain usually delivers.
Bitmaintech will sell s-7's as long as people will buy them.
It will be 100ph by march 1st.
The op has gotten it right faster then I did. Builders of asics are going to sell and sell and sell. And sell more. diff will go over 100 by march 1st.
The worry needs to be price.. as only one thing will stop the selling of new gear + huge price drops to under 200 usd .
The hash rate will keep on rising as Bitmain has plan to deliver 40PH/s in the next two months. Bitmain usually delivers.
Price 377.21 USD/฿
Hashrate 714.45 PH/s
Activity 125 TX/min
Unconfirmed Txs 4,923
Fee Rate 0.00002170 BTC
Fee paid by unconfirmed transactions for every 1,000 bytes of size https://chain.so/BTC
New all time high being reported by the wallet (from what ive seen) 714,452.51 TH/s .. I believe its a 8 hour avg honestly idk.(id appreciate if anyone can elaborate on how bitcoin-cli getnetworkhashps arrives at its calculation?).. ive been watching this spike since early 2014.. When it would spike to a new all time high according to the wallet it would be at that speed or damn close within a couple diff jumps.. What im looking at is if you look at the hash since day one.. you can see the obvious climb when we had asics come on the scene.. All that with 2 watt a gh gear.. With s1 and then soon after release of 1 watt per ghs gear we hit around 350 ph if i remember correctly.. Then we had s5 release which was .5 watt per ghs but the net hashrate never doubled. Now we are at .26 watts per ghs and some companies claiming less than that.. If they only replaced what they were currently running(thats all the big farms) then we should be seeing 700 peta at minimum and possible up to over 1 exahash if they all get to .25 watts per ghs.. I have felt this huge jump is LONG overdue imo.. Im not here to start a rival thread .. i feel the one you all do is just fine.. I just didnt appreciate being jumped on for speculating in a speculation subforum.. But anyway.. we are looking at another 10 % jump this time.. i feel that if manufactures run diff up too fast it will leave to dismal sales.. But i am not ruling out the theory of ghost farms .. hell could be testing batches .. or could be as simple as a ddos on a huge pool.. i dont know whats causing these huge swings.. anyway not here to step on anyones toes..
big jump showing here too.. have to wait cpl more hours to see it on chart https://bitcoinwisdom.com/bitcoin/difficulty
Best regards
Doug
d57heinz
Hashrate 714.45 PH/s
Activity 125 TX/min
Unconfirmed Txs 4,923
Fee Rate 0.00002170 BTC
Fee paid by unconfirmed transactions for every 1,000 bytes of size https://chain.so/BTC
New all time high being reported by the wallet (from what ive seen) 714,452.51 TH/s .. I believe its a 8 hour avg honestly idk.(id appreciate if anyone can elaborate on how bitcoin-cli getnetworkhashps arrives at its calculation?).. ive been watching this spike since early 2014.. When it would spike to a new all time high according to the wallet it would be at that speed or damn close within a couple diff jumps.. What im looking at is if you look at the hash since day one.. you can see the obvious climb when we had asics come on the scene.. All that with 2 watt a gh gear.. With s1 and then soon after release of 1 watt per ghs gear we hit around 350 ph if i remember correctly.. Then we had s5 release which was .5 watt per ghs but the net hashrate never doubled. Now we are at .26 watts per ghs and some companies claiming less than that.. If they only replaced what they were currently running(thats all the big farms) then we should be seeing 700 peta at minimum and possible up to over 1 exahash if they all get to .25 watts per ghs.. I have felt this huge jump is LONG overdue imo.. Im not here to start a rival thread .. i feel the one you all do is just fine.. I just didnt appreciate being jumped on for speculating in a speculation subforum.. But anyway.. we are looking at another 10 % jump this time.. i feel that if manufactures run diff up too fast it will leave to dismal sales.. But i am not ruling out the theory of ghost farms .. hell could be testing batches .. or could be as simple as a ddos on a huge pool.. i dont know whats causing these huge swings.. anyway not here to step on anyones toes..
big jump showing here too.. have to wait cpl more hours to see it on chart https://bitcoinwisdom.com/bitcoin/difficulty
Best regards
Doug
d57heinz
I did look at new network highs for the last year and in 19 of 26 cases . when we hit new highs at a peak rate our average was there in under 2 months.
so a diff of 92 bill by 7 more weeks which would be 4 adjustments should be around 70% chance .
Frankly I failed to see this idea of yours, but it looks as accurate as any other I have seen or thought of.
I could tell you a really long boring story about why I tried to find what I was missing about your idea. but the short version is when I was dating my wife in 1985 I opened my mouth about a game of Trivial Pursuit and sounded like an ass. I was proven wrong in under 30 seconds. Ever since then I force myself to step back and look at what I said or wrote.
As for the huge up and down seesaw moves they mean something important but like you I am not sure of the mechanics behind it.
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