From 7849e2486de6725345bdb90672b2e7c668ea5d33 Mon Sep 17 00:00:00 2001 From: theStack Date: Fri, 2 Mar 2018 17:48:22 -0500 Subject: [PATCH] fixed annual hashing growth rates for y. 2014-2016 2014: 300 PH / 10 PH = 30 2015: 800 PH / 300 PH = 2.66 2016: 2500 PH / 800 PH = 3.12 (i.e. growth rates were off by a factor of 100) --- ch10.asciidoc | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/ch10.asciidoc b/ch10.asciidoc index e2b50b13..d705a2c6 100644 --- a/ch10.asciidoc +++ b/ch10.asciidoc @@ -834,9 +834,9 @@ The following list shows the total hashing power of the bitcoin network, over th 2011:: 116 GH/sec–9 TH/sec (78× growth) 2012:: 9 TH/sec–23 TH/sec (2.5× growth) 2013:: 23 TH/sec–10 PH/sec (450× growth) -2014:: 10 PH/sec–300 PH/sec (3000× growth) -2015:: 300 PH/sec-800 PH/sec (266× growth) -2016:: 800 PH/sec-2.5 EH/sec (312× growth)) +2014:: 10 PH/sec–300 PH/sec (30× growth) +2015:: 300 PH/sec-800 PH/sec (2.66× growth) +2016:: 800 PH/sec-2.5 EH/sec (3.12× growth)) In the chart in <>, we can see that bitcoin network's hashing power increased over the past two years. As you can see, the competition between miners and the growth of bitcoin has resulted in an exponential increase in the hashing power (total hashes per second across the network).