Hacker News new | ask | show | jobs
by ucha 3716 days ago
What's newsworthy about this?

First of all, 28% could almost entirely be attributed to noise.

Second, the fastest hash rate increase recently observed occurred between Nov 2015 and Feb 2016, not during the last month.

3 comments

Sure, but you cant deny the trend over the last month. This is a funny timing to see the hash rate increase, i.e. more miner joining in, when the halving is 3 only months away
It's just the latest batch of mining hardware coming online (which is more efficient per watt than the previous generation). Design and manufacturing is highly bursty on Bitcoin difficulty increase time scales.
Really nothing spectacular there. Probably just a new hardware generation getting implemented.

See alltime log scale: https://kaiko.com/statistics/hash-rate?logscale=true&range=1...

The gain just plateaued out after the mid 2013 to mid 2014 rush. The current rate is note even half of that.

It isn't newsworthy.