Post
Topic
Board Mining speculation
Re: is the network hash dropping?
by
rpg
on 08/11/2013, 15:33:41 UTC
maybe this is where the GH went?

http://blogs.wsj.com/moneybeat/2013/11/07/judge-orders-coinlab-to-pay-up-in-bitcoin/

"CoinLab Chief Executive Peter Vessenes has said that the lawsuit was a contributing factor in last week’s bankruptcy filing of CoinLab’s mining unit, which is called Alydian Inc. Mr. Vessenes is also chairman of the Bitcoin Foundation, a nonprofit trade group that promotes the virtual currency.

Mr. Vessenes noted in an email on Thursday that CoinLab itself has no mining operations, but “of course we will comply (with the judge’s order) as well as we’re able.” It isn’t clear if Alydian is still generating bitcoin while it is under bankruptcy protection."

good find.  Either someone shutdown their mining operations (coinlab?), terahash machines are breaking left and right or tera hash machines are on their way to customers. Time will tell