Post
Topic
Board Bitcoin Discussion
Re: My bitcoin talk
by
pancake
on 19/08/2012, 11:00:04 UTC
Thanks for the feedback. My apologies for the mistakes O:)

I'm still a newbye here and I had little time to prepare the slides (the day before), so I put some wrong information on it Sad

I have re-uploaded the pdf with the fixes reported in this thread. Check it out and let me know if it's fine now.

http://lolcathost.org/b/bitcoin-talk.pdf

About the solved block per hashing power dilemma.. I've removed that statement as long as it's something that will change on time, and by checking the blockchain.info charts I verified that a block is solved every 10m or so.. and the total reported hashing power in the network is now about 16.000 GH/s.

I'm not sure if solving a block scales in a linear form with the hashing power or if it's logaritmic/exponential. Afaik if you don't have a lot of hashing power it is non profitable to mine alone. Am I right?

See
http://blockchain.info/stats
http://blockchain.info/charts/hash-rate