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Author Topic: Where is the the rest 593.337 MH/s comes from?  (Read 4066 times)

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Offline MegaHelper

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Where is the the rest 593.337 MH/s comes from?
« on: July 20, 2014, 05:52:22 AM »
From the suggested mining pools, it adds up to be 91.613 MH/s, but the total Net Hashrate is 683.95 MH/s. I thought mining pools are supposed to contains the biggest hash rate, but for gold coins, the suggested mining pools all together only adds up to 91.613 MH/s.

gld.cryptcoins.net Pool   Hashrate:   63.659 MH/s
gld.cryptcoins.net Pool   Hashrate:   5.254 MH/s
gld.hashfaster.com Pool Hashrate:   21.70 MH/s
                             Net Hashrate:   683.95 MH/s

Where is the the rest 593.337 MH/s coming from? Is it all from solo miners?

Offline MicroGuy

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Re: Where is the the rest 593.337 MH/s comes from?
« Reply #1 on: July 20, 2014, 06:13:20 PM »
The hashrate surges are probably coming from miners using the new ASIC devices.
"The heart of any cryptocurrency can be found in the spirit of its community."

Offline MegaHelper

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Re: Where is the the rest 593.337 MH/s comes from?
« Reply #2 on: July 21, 2014, 12:15:34 AM »
Hi MicroGuy, nice to meet you. Thank you for your explanation. Do you think having more people mining gold coins as a good thing? More miners mining gold coins means more demands, which in turn will drive up the gold coin prices right?

Offline MicroGuy

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Re: Where is the the rest 593.337 MH/s comes from?
« Reply #3 on: July 21, 2014, 10:26:31 AM »
Hi MicroGuy, nice to meet you. Thank you for your explanation. Do you think having more people mining gold coins as a good thing? More miners mining gold coins means more demands, which in turn will drive up the gold coin prices right?

Hi MegaHelper (;D)

I'm not sure that we have more people mining. It might be that fewer people are mining and they're just using bigger hammers. In terms of price, it's difficult to correlate hashrate to price. My feeling is the price is suffering at the moment due to the uncertainty with the new client and its release date. For the most part, the community seems stuck in a "wait and see" mode.
"The heart of any cryptocurrency can be found in the spirit of its community."