Quote from: galdur on November 24, 2015, 11:11:50 PM

Quote from: HN-AG on November 24, 2015, 11:09:39 PM

Quote from: galdur on November 24, 2015, 10:44:17 PM

Quote from: HN-AG on November 24, 2015, 10:35:55 PM

Quote from: galdur on November 24, 2015, 09:48:43 PM

Total hash is presently over 500 petahash so in the next months you will hear the term exahash (EH/s).

You have failed to take into account an important factor. As the diff rises and BTC/USD doesn't increase significantly or goes down older miners will be forced offline, I doubt we will see exahash in the next 6months-1year unless ofcourse BTC/USD doubles in price (Quadrople @ Halving).

Difficulty just increased by 10% and the next increase is predicted to be similar.

Doubling time to get to 1 EH/s from here:

10% diff increase every 14 days = about 100 days

7% = about 140 days

5% = about 200 days

Yeah, I think it´s highly likely that you´ll hear the term exahash in the coming months and it seems a given that total hash will be there in - say six months? Any shipping backlogs at Bitmain?

Sure its possible that Bitmain will sell 100,000 S7's to take the diff to 1EH/s taking every miner out of profitability including S5, thats around 388PHs out of profitabilty and likely to shut down (Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s) so that requires another 80,000 S7's to be sold to replace the shutdown miners

I highly doubt it though, unless BTC/USD gets a huge boost.

You may want to compare this chart to that of bitcoin since early 2014. If I had a bitcoin for every time I´ve heard that bitcoin needed a special boost in price for hashrate to increase I´d be a billionaire Grin

Here I analysed it Cheesy

http://i.imgur.com/KqeqE9U.png

Anyway pretty graphs that aren't created with AI/Magical Crystal Balls/Time Machine are pretty useless IMO.