Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Bitcoinorama
on 08/11/2013, 17:23:25 UTC
finally the increase seems to flatten Smiley
Weird, because with this high BTC value I can image some are even turning on gpus for BTC again..

http://bitcoin.sipa.be/speed-small-lin-2k.png
http://bitcoindifficulty.com/

I said it would plateau a few weeks back and was laughed out of the thread, someone threatened to remind me about it to, 'saved for posterity' I believe.

Fact is, there it was, the largest shift in Bitcoin tech, with not really anything else coming online currently, certainly not in line with what just occured. That seismic shift in hashrate, equal to the entire cumulative hashrate since Bitcoins inception 4 3/4 years ago will never reoccur with such impact, in such a short period of time ever again.

Wink

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

Dear reader,

Please, if you like to deal with strictly factual information, ignore the amount of gibberish stated the above quote.

Yours faithfully,

Augusto Croppo.