Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
Ok. Who the FUCK has that 700+ MH/s farm?
I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?
I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?
It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing.
so, making some calculations, these people paid probably around 650,000.00 USD for 10,000 units "Gridseed GC3355" (plus PCB engineering and assembling costs ) for having 600 Mh/s for LTC mining, and 22.5 Th/s for mining BTC ...
the famous chip --> Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC https://bitcointalk.org/index.php?topic=355268.0
data sheets --> https://github.com/gridseed
65 USD ist the price for evaluation samples. They probably got them a lot cheaper in bulk.
Then again, they might not be a customer but Gridseed themselves "testing". Gridseed = sfire?FUD for thought.
I could have sworn that sfire said their mining farm was actually GPUs and not the Gridseed chips. They were just posting about Gridseed and the debut of the chip in China. Gotta look back in the thread and search... He mentioned they actually have over 2000 Mhs and he argued with his partner over using Middlecoin so only moved 500 Mhs at the time and slowly switched over more (which is why you see them still growing at over 700 now). So they're not really adding that much more new miners daily, just switching mining rigs from whatever they were mining before (maybe solo LTC) to Middlecoin. Maybe sfire can post again and clarify.
Just a fun thought ... what if there is a Chinese multipool site where the multipool owner forwards their traffic to middlecoin? That would also be consistent with the growth pattern, also it would make sense given the general lack of English skills in China. Gradually moving over hashing is also consistent with that almost linear pattern ... but ... well
. Expanding a farm would be more chunk wise no? I wouldn't know anything though since I do not have a farm, nor do I have any idea of how it looks like . But perhaps someone can do a quick search for "dragonpool" "tigerpool" "maopool" or something ^^.