Someone put a serious compute power into the network!

swusc2

sr. member

Activity: 304

Merit: 250

Do your part for Bitcoin!

Quote from: Hellobtc on June 16, 2011, 02:25:47 AM

Quote from: d3wo on June 15, 2011, 09:48:33 PM

look at these graph
http://www.bitcoinwatch.com/

Just a few days... the Network jumped from 7Thash to 12Thash

this is not funny,
it make my mine result become half,
raising blocks/hour rate,
raising difficulty speed/days rate,
oh noesss....

I hope these phenomenal can make btc price raising...
Undecided

is a bug wait few days and you will get the real number

*********THIS*********

The art of search would have turned up 100+ topics about why people are being stupid saying that the network exploded X Thash after a difficulty jump.

Hellobtc

newbie

Activity: 20

Merit: 0

Quote from: d3wo on June 15, 2011, 09:48:33 PM

look at these graph
http://www.bitcoinwatch.com/

Just a few days... the Network jumped from 7Thash to 12Thash

this is not funny,
it make my mine result become half,
raising blocks/hour rate,
raising difficulty speed/days rate,
oh noesss....

I hope these phenomenal can make btc price raising...
Undecided

is a bug wait few days and you will get the real number

d3wo

member

Activity: 69

Merit: 10

Kupo!

Quote from: Auspician on June 16, 2011, 12:29:42 AM

What pie graph? There is no 'other' category in the graphs you linked. Either you are misreading the graphs, provided the wrong link, or I'm missing something here.

I appologize, my mistake, this are the correct one.

http://www.bitcoinwatch.com/

dhall

newbie

Activity: 22

Merit: 0

It's not impossible that someone bankrolled a massive mining farm. With that kind of power, you could earn some serious btc. I would probably say that it is more likely though that the increase is due mostly to individuals. Bitcoin is just starting to catch on and its usability is becoming more apparent by the day.

neneko

newbie

Activity: 28

Merit: 0

I'd say it's much more likely that this means more people are mining than that someone just got his 5Th/s rig online. I would pay just to get a glimpse of that rig though.

Auspician

full member

Activity: 126

Merit: 103

What pie graph? There is no 'other' category in the graphs you linked. Either you are misreading the graphs, provided the wrong link, or I'm missing something here.

d3wo

member

Activity: 69

Merit: 10

Kupo!

Quote from: EyeRis on June 15, 2011, 10:05:33 PM

These are not mining rigs. This is the sheer mass amount of people joining the network due to publicity. you would be surprised how many people took up mining when that website dealing drugs for bitcoins got known by places like gizmodo

I diss-agree with you on this one, huge amount of people cannot do this kind of compute power.
As you can see on the links i post above, there is "other" in pie graph.
I don't think these amount of compute power comes from standard people,
if "standard" people start mining, they will put their compute power into pools, so the pools graph will get bigger.
While in those graphs, the "other" pie goes huge ! So there are organization put their mining rigs to start Solo mining.

Austinh100

newbie

Activity: 14

Merit: 0

give the network a day or two to stabilize, it goes crazy after a difficulty increase

Ampersand

member

Activity: 98

Merit: 13

The Future of Banking in Southeast Asia

I dislike how everyone seems to attack sites such as SilkRoad for their use of bitcoin. While I do not approve of it, the point of BTC was to avoid dealing with a central authority telling you what you can and cannot use their money on -- these sorts of sites are simply utilizing BTC to it's fullest potential, albeit not in the most moral way.

EyeRis

member

Activity: 70

Merit: 10

These are not mining rigs. This is the sheer mass amount of people joining the network due to publicity. you would be surprised how many people took up mining when that website dealing drugs for bitcoins got known by places like gizmodo

d3wo

member

Activity: 69

Merit: 10

Kupo!

look at these graph
http://www.bitcoinwatch.com/

Just a few days... the Network jumped from 7Thash to 12Thash

this is not funny,
it make my mine result become half,
raising blocks/hour rate,
raising difficulty speed/days rate,
oh noesss....

I hope these phenomenal can make btc price raising...
Undecided

Topic: Someone put a serious compute power into the network! (Read 1268 times)