>> (p.1)
    Author Topic: Network hash total at 14 Thash/s ? (sudden huge increase)  (Read 8914 times)

    • lacedwithkerosene (OP)
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    June 22, 2011, 01:41:09 AM
    Last edit: June 22, 2011, 02:18:47 AM by lacedwithkerosene
     #1
    Anyone buying that figure? It was just at ~10 Thash/s, and it would take a ton of new miners online to cause it to jump so much in a day.
    And the difficulty rate changed days ago, so it's not skewed from that. What's up?
    http://www.bitcoinminingaccidents.com/images/miningsig.png http://www.bitcoinaddict.com/images/addictsig.png

  • wolftaur
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    June 22, 2011, 01:59:54 AM
     #2
    Someone at Nintendo decided to see if the Wii U could handle poclbm.

    (Sorry, couldn't resist...)
    "MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"

  • Lupus_Yonderboy
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    June 22, 2011, 02:11:51 AM
     #3
    21 blocks in the last hour alone. Holy f'n Christ on a cracker. Guess someone finally got their ASICs (or fpgas) online. If this rate is sustained, next difficulty jump will be in ~ 28 hours, and is probably going to be a helluva lot more than 40%.

    Of course this could just be normal variance as well. We'll know in a few hours.

  • phillipsjk
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    June 22, 2011, 02:13:56 AM
     #4
    The standard answer I have seen is that the Statistics go out of whack briefly when the difficulty goes up. Presumably the calculation assumes that all previous (N) blocks were of the same difficulty.

    Edit: I stand corrected.
    James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160

  • chihlidog
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    June 22, 2011, 02:14:02 AM
     #5
    Newegg got a very large shipment of 5830s in last week. I got mine today, likely a lot of other people did as well. Could partly explain it.

  • imperi
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    June 22, 2011, 02:15:20 AM
     #6
    Quote from: phillipsjk on June 22, 2011, 02:13:56 AM
    The standard answer I have seen is that the Statistics go out of whack briefly when the difficulty goes up. Presumably the calculation assumes that all previous (N) blocks were of the same difficulty.

    Edit: I stand corrected.


    The difficulty didn't go up today or yesterday though, right?

  • imperi
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    June 22, 2011, 02:18:32 AM
     #7
    Quote from: Holliday on June 22, 2011, 02:15:52 AM
    132455    fa45f9c5a0...    2011-06-22 01:59:25    2    50.04    0.475
    132454    11ccc6ea9f...    2011-06-22 01:59:26    6    101.84490476    1.683
    132453    f7b5cdd118...    2011-06-22 01:59:01    12    2459.8651006    3.052
    132452    2141aee3d4...    2011-06-22 01:57:46    12    1478.97003205    7.607
    132451    b6f33bbe9a...    2011-06-22 01:56:50    63    8860.69752652    36.156
    132450    12adec0af6...    2011-06-22 01:54:06    8    1709.7656206    5.983
    132449    e341a055cd...    2011-06-22 01:52:09    38    95979.39928296    10.751

    LOL!  Grin

    Did something break? lol.

  • CurbsideProphet
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    June 22, 2011, 02:20:56 AM
     #8
    Quote from: imperi on June 22, 2011, 02:18:32 AM
    Did something break? lol.

    I think the better question might be, is anything still working?   Wink
    1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV

  • imperi
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    June 22, 2011, 02:22:03 AM
     #9
    I think a time traveler from 2028 brought his new PS8 and plugged it in.

  • imperi
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    June 22, 2011, 02:24:23 AM
     #10
    Why are there no more for the last 30 minutes, according to that site? Am I missing something?

    edit:

    2 just appeared but there is still a big gap.

  • imperi
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    June 22, 2011, 02:26:49 AM
     #11
    Quote from: Holliday on June 22, 2011, 02:24:56 AM
    He keeps blowing circuits and running to a new outlet to try.

    Maybe he's on 56k and his mom had to use the phone.

  • Lupus_Yonderboy
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    June 22, 2011, 02:32:05 AM
     #12
    hmmm 13 blocks (13433-13455) over a period of exactly 30 minutes (01:29-01:59)...Curiouser and curiouser.

  • cottoneyeJoe
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    June 22, 2011, 02:35:32 AM
     #13
    I think it just became self aware!

  • relmeas
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    June 22, 2011, 02:35:49 AM
     #14
    love those 50 BTC blocks.

    it could be a supercomputer lending some its time for BTC mining or maybe someone knows something.....

  • pokwer
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    June 22, 2011, 02:39:49 AM
     #15
    This is probably really stupid even wondering this but I thought I'd mention it anyway.  I saw this on youtube yesterday: http://www.youtube.com/watch?v=eNcOcan1B2c.  I flagged it as spam/scam because... well, duh.  Surely it's not true...Huh!!?!  Roll Eyes

  • giszmo
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    June 22, 2011, 02:40:53 AM
     #16
    crazy shit! btc is exciting.
    ɃɃWalletScrutiny.comIs your wallet secure?(Methodology)
    WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value.    		ɃɃ

  • Samantha2011
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    June 22, 2011, 02:48:13 AM
     #17
    uh-oh

  • tito13kfm
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    June 22, 2011, 02:55:22 AM
     #18
    Does nobody understand statistics and probabilities here?

    Would you say a roulette wheel was rigged if it came up black 10 times in a row?  Even worse, would you bet heavily on red for the next spin?

    Every single block generation is a separate occurrence, estimates of total hashing speed are based on a very simple formula for average time to solve a block over X number of blocks vs current difficulty.  A lucky string or two of quickly solved blocks will make it look like hashing power went through the roof.  An unlucky string of blocks taking an hour to solve would make it look like hashing power dropped off considerably.

  • imperi
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    June 22, 2011, 02:57:06 AM
     #19
    Quote from: tito13kfm on June 22, 2011, 02:55:22 AM
    Does nobody understand statistics and probabilities here?

    Would you say a roulette wheel was rigged if it came up black 10 times in a row?  Even worse, would you bet heavily on red for the next spin?

    Every single block generation is a separate occurrence, estimates of total hashing speed are based on a very simple formula for average time to solve a block over X number of blocks vs current difficulty.  A lucky string or two of quickly solved blocks will make it look like hashing power went through the roof.  An unlucky string of blocks taking an hour to solve would make it look like hashing power dropped off considerably.

    I would say it is rigged if someone empties the casino and a couple day later the roulette wheel 'coincidentally' comes up black a highly unusual number of times in a row.

  • IlbiStarz
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    June 22, 2011, 03:01:53 AM
     #20
    It's most likely not actually 14 terahashes. Bitcoincharts says it is 14 terahashes due to those 7 blocks found in like 10 minutes. The number on the site is just an estimate, if 100 blocks were solved in the next minuted, the estimate would be like over 100terahashes. It sucks that we don't have a way to actually calculate the REAL hash rate of the whole network Sad
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