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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.
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).
Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...
Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community.
Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community.
I have seen that also, been on the chat for 2 months and saw him testing his bots last month. He actually sells the bots and support for them. Hash nest also limited the view on the bid & ask to 40 orders. The bots fill all 40 with penny bids and you can't see the real mkt. HN needs to limit API use or charge for API use, also needs to limit to 5-10 open orders per account. A real user has no need to more then that, otherwise the bots take over the mkt and makes trading there impossible.
lmao, I made it onto bitcointalk!
Support has been non-existent, for months, I have a ticket still open since March, even the ticket where I reported the chat glitches is still open!
The redirects have all been fixed (Basic HTML meta refresh tag in username and