Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
Compare cell phone plans using Wirefly's innovative plan comparison tool ×
Bitcoin

Submission + - Bitcoin GPU Miners still going strong (mineforeman.com)

ASDFnz writes: "One of the predictions that I posted might happen when the mining reward dropped from 50 BTC to 25 is that GPU Miners will get switched off because the price in electricity to run them would far outweigh the bitcoin reward they generate, I proposed that this would lead to a drop in the bitcoin network computation speed.

Well, I was wrong.

If you have a look at the graph provided by the great team over at http://bitcoin.sipa.be/ you will see that today, the 3rd of December 2012 a full 4 days after the reward drop the network computation speed is actually growing."

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Bitcoin GPU Miners still going strong

Comments Filter:

"The fundamental principle of science, the definition almost, is this: the sole test of the validity of any idea is experiment." -- Richard P. Feynman

Working...