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bitcoin:miners [2011/01/08 19:26] donpdonpbitcoin:miners [2011/02/15 17:27] donpdonp
Line 286: Line 286:
 09:13 < ArtForz> 9  09:13 < ArtForz> 9 
 09:15 < ArtForz> with a total power draw of ~9kW  09:15 < ArtForz> with a total power draw of ~9kW 
 +</code>
 +
 += network hash rate =
 +<code>
 +< donpdonp> is it possible to estimate the gigahash rate of the entire network?
 +< ArtForz> estnextdiff 17571.2
 +< ArtForz> so thats 17571.2 * 2**32 / 600 hps or... 125.78 ghash
 +< donpdonp> whats the  / 600 hps for? 
 +< ArtForz> 600 seconds nominal per block
 +(one block generated every 10 minutes)
 +</code>
 +
 += PS3 =
 +<code>
 +08-Jan-2011
 +< ArtForz> rooted PS3 should have peak ~24.5Mhps 
 +< ArtForz> = all 7 SPEs + PPE   
 +</code>
 +
 += artforz bank account =
 +<code>
 +08-Jan-2011
 +< newsham> also are you keeping a large stock of btc or liquidating most
 +< ArtForz> I kept about 15%
 +< ArtForz> ~40kBTC currently
 +< ArtForz> I'll probably keep on selling 80% of daily production or so 
 +< molecular> who is buying all these? people speculating? I don't understand where the demand stems from?
 +< ArtForz> I'd guess so
 +</code>
 +
 += cartel / majority =
 +<code>
 +15-Jan-2011
 +< ArtForz> once a mienr (or a bucnh of collaborating miners) get > 50%, they can claim all generation and block transactions from getting into the chain
 +< molecular> on the other hand: if all the gamers start mining (some hype might happen), artforz's asics dont look so good any more
 +< molecular> ArtForz: is that your plan? take over btc and therefor kill it? can't be, right?
 +< ArtForz> I prefer to add hashrate slowly to stay at 15-25% of total network 
 +< ArtForz> it simply doesnt make much economic sense to grow beyond 33% or so  
 +< ArtForz> you're effectively competing against yourself 
 +< davex__> artforz: why does that matter?  it would be like having a monopoly on all gold mines.
 +< ArtForz> except you dont      
 +< ArtForz> lets say rest of network is 100Gh/s, you add 10, you're 9.1% of total, you add 50, you're 33.3% of total  
 +< newsham> what artforz is not counting on is that once he has large monopoly, he will be able to extract nice transaction fees if he so desires :)
 +< ArtForz> so ~ 3.5x payout for 5x the hardware 
 +< davex__> artforz: yeah true...  i guess it's also not reasonable to assume when you get to 50% everyone else will just give up, also.
 +< ArtForz> yep  
 +< ArtForz> and a mining cartel is really really obvious
 +< davex__> because you get lots of simultaneous solutions submitted?
 +< ArtForz> that and nobody else suddenly gets blocks
 +</code>
 +
 += ATI Driver rev =
 +<code>
 +18-jan-2011
 +ArtForz> for 5xxx, anythong >= 10.10 seems to work well
 +sipa> but it's not like the stream sdk where you shouldn't use the latest version
 +ArtForz> nah 
 +ArtForz> I run 4*5970 on 10.12 no problem
 +ArtForz> seems to be even a bit faster than 10.10 
 +ArtForz> btw, the multiGPU slowdown and CPU hogging is limited to OpenCL in sdk 2.2/2.3, CAL works fine
 +</code>
 +
 +<code>
 +15-feb-2011
 +<ArtForz> I mean, 6970 is pretty exactly as fast as 5870 for me
 +<retsilex> ArtForz: 6950 .. would you recommend it?  instead of 5870
 +<ArtForz> well... for 3D, yes, for mining.. no
 +<Diablo-D3> retsilex: 6xxx is useless for mining
 +<ArtForz> you need sdk2.3 for 69xx, which has broken OpenCL multigpu support
 +<Diablo-D3> retsilex: you're stuck with sdk 2.2 or 2.3, which is shit
 +<ArtForz> so unless you have a CAL miner, 69xx sucks ...
 +<Diablo-D3> retsilex: 6970 should be 15% faster than 5870
 +<Diablo-D3> but its not
 +<Diablo-D3> because the sdk fucks you over
 +<retsilex> ArtForz: your desktop uses which sdk, which drier version? and what linux?
 +<ArtForz> debian sid, 2.6.32, fglrx 10.9, sdk 2.1
 +</code>
 +
 </code> </code>
bitcoin/miners.txt · Last modified: 2024/01/31 04:08 by 127.0.0.1