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Topic: Total hashrate jump (100 -> 175 Th) in 10 days? (Read 3450 times)

newbie
Activity: 15
Merit: 0
Dont want to be silly, but as I',m waiting fow few jalapenos.. maybe BFL are mining with customer's hardware, for a while, before shipping !

They don't have to mine on customer's hardware, they could make hundreds times more of their own hardware. But they may also not send miners to customers to keep all the profit for them.

P.
newbie
Activity: 29
Merit: 0
It may seem a bit conspiratorial but does anybody think this might be a wall street attack on bitcoin??? They certainly have the cash to set up mega farms.

I doubt they are sitting on their hands hoping bitcoin doesn't end their reign.
member
Activity: 71
Merit: 10
Does anyone maintain a list with number of many miners/chips are being sent out and when? Thanks!

Edit: there is one here: https://bitcointalksearch.org/topic/difficulty-252000000-in-december-2013-216358 . Not sure how reliable though - would be glad to see a competing effort.
hero member
Activity: 630
Merit: 500
wait till the chinese government starts mining in full swing...they use prisoners for gold farming in WoW...so this is a logical step
What's the ratio Ghash/prisoner?   Grin
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
wait till the chinese government starts mining in full swing...they use prisoners for gold farming in WoW...so this is a logical step
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
I can't think of much else this hashing-spike could be besides Avalon units.
hero member
Activity: 630
Merit: 500
Where did you get the 175TH from?  I'm not seeing that in sipa.

However I am seeing it in my mining return for the last week.  Seems like it halved..
There was a spike up to 175 Th on that chart yesterday. Went from 130 to 155, then for a moment up to 175.
bitcoincharts.com shows it's down to 115 now.
sipa.be is not accesible.
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
Where did you get the 175TH from?  I'm not seeing that in sipa.

However I am seeing it in my mining return for the last week.  Seems like it halved..
hero member
Activity: 630
Merit: 500
I had to edit the thread title - there is a spike on the sipa.be charts up to 175 Thash!
75 Th jump in 10 days but not showing in any pool. Just 'unknown' portion growing. And numbers incredibly similar to Avalon's promised batch 2+3.
?
hero member
Activity: 756
Merit: 500
Yeap technology changes, hopefully the cycle changes back in favor of DIY miners.
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
It looks like mining Bitcoins can no longer be just a DIY hobby, heavy investments are needed in ASICs before one can have a chance to become a profitable miner nowadays.
We may get a chance soon in the next round of technology.  At the moment you need a personal connection...
hero member
Activity: 756
Merit: 500
It looks like mining Bitcoins can no longer be just a DIY hobby, heavy investments are needed in ASICs before one can have a chance to become a profitable miner nowadays.
member
Activity: 62
Merit: 10
I just checked the difficulty over the last 10 blocks... 31,000,000!!! You know damn well 2 weeks from now when more asics come online its going to be a hell of a lot higher than 31,000,000. I'm going to predict 42,000,000 next difficulty.
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
They are overpriced.

Big companies are buying all the orders and the tiny trickle that gets to us will never pay itself off at current prices.  That map I posted shows an orange spike in the middle of the US where BFL is located.  Looks like a big middle finger sticking up to me.  Not even trying to hide it by having hosts.  Oh sure everyone will get their machine.  After the difficulty is so high it won't even make a return.

If bitcoin goes up in price you say, "See?  My miner made five times what it was worth in just the first year."

If you paid 49.99BTC for a 10GH ASICminer and get it at the beginning of next month you would still be at -30BTC a year from now at 18% difficulty.  It just will never make back those 49.99BTC that you originally paid.  Better to just buy/hold coins.

Now IF avalon chip shipments start coming in within a couple weeks it's possible to get ROI from those.  It's not likely though.  I'm on the cusp of pushing them back on my chart 2-3 months as it is. 

Actually I'm going to do that.

Now you tell me, why would anyone buy a miner at this point?
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
I would not necessarily say ASICS are overpriced right now.

ASICS are near-impossible to come by. They are very risky to order. They have tremendous reward potential.  That's why the price is what it is.

Going to be a completely different ball game in even 1 / 2 months  (will Klondike work okay? Bitfury legit? Knc legit? Bfl ship more than .5% of their pre-orders ?)  So many unknowns right now.
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
Ah..  too bad really, but everything on the market is overpriced


and people are cheating...  =\
legendary
Activity: 1002
Merit: 1000
Bitcoin
Dont want to be silly, but as I',m waiting fow few jalapenos.. maybe BFL are mining with customer's hardware, for a while, before shipping !
http://ow.ly/i/2hdwg

Nice pic.. but I wished they where able to produce that many each day, and even more.. as I read from them, they are supposed to be able to produce thousands of those each day... Sad

I'm about to get tired to wait for the delivery man each day.. I almost stand in from of the window from 10h to noon, each day.  It's the time I usually get package ordered !

hero member
Activity: 630
Merit: 500
Dont want to be silly, but as I',m waiting fow few jalapenos.. maybe BFL are mining with customer's hardware, for a while, before shipping !
http://ow.ly/i/2hdwg
hero member
Activity: 630
Merit: 500
Dont want to be silly, but as I',m waiting fow few jalapenos.. maybe BFL are mining with customer's hardware, for a while, before shipping !
Anyone have an estimated about how many Avalon batch 2 have been delivered ?  I'm waiting for some of those too..

Last time I checket in Avalon batch #2 thread (yesterday Smiley - 30+ something shipped.
The rest are mining for Avalon Wink
legendary
Activity: 1002
Merit: 1000
Bitcoin
Dont want to be silly, but as I',m waiting fow few jalapenos.. maybe BFL are mining with customer's hardware, for a while, before shipping !
Anyone have an estimated about how many Avalon batch 2 have been delivered ?  I'm waiting for some of those too..
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