OK call me paranoid, call me curious, in fact call me anything you like, but.... answer me this?
There are about 170 miners on ninja at the moment, if you pass down the Current Share list and click on anyone with just a Burst Address as opposed to a Name you will find 50+ miners mostly in the Top third of the list who are running burstcoin-jminer 0.4.4 SNAPSHOT and without exception they are all "New" to ninja, were funded from BURST-R8SQ-TUEM-DTHQ-7ATA3 and mostly did a Reward Assignment to Burst on the 17th-18th March.
Now I am not saying there is anything wrong here, but this is not just a coincident group of miners all with between 40TB & 100TB deciding simultaneously to come on ninja because the price has gone up?
So what do you think is going on?
Rich
The address BURST-R8SQ-TUEM-DTHQ-7ATA3 is the poloniex hot wallet.
Not sure wether the 40TB & 100TB represent the correct numbers since the network size is an estimation based on the time blocks required to be found using a low number of blocks in the calculation to adjust fast.
Someone with a medium sized gpu mining farm could have added a couple of drives to the rigs easily consuming only additional 20-30 watts per rig.
Either you run 40 GPU mining rigs as individual and attach to each rig four 4-8TB USB or internal drives or there are 40 people with rigs doing so.
Both sums quickly up to a PB. Since you built the rigs for GPU mining with fast GPUs you can plot all disks simultanously ith one card which yields at least 32k nonces per minute or in total approximately 50 TB unoptimized plots per hour in this scenario.
Thinking about easter based holidays in many countries maybe someone or many decided to use these free days to setup the rigs.
All this results in plotting a PB within a day and another to optimize the plots.
Regarding the costs of this PB it may sum up to about 140-250 BTC (4/6tb
http://www.newegg.com/Product/Product.aspx?Item=N82E16822178783&ignorebbr=1) at current rates and represents almost 1/5 to 1/3 of the current marketcap burst has.