arno/bitcoinbook
1
0
Fork 0
mirror of https://github.com/bitcoinbook/bitcoinbook synced 2024-11-26 09:58:22 +00:00
Code Issues Releases Wiki Activity

Made changes to ch08.asciidoc

Browse Source
This commit is contained in:
myarbrough@oreilly.com 2014-11-18 11:48:09 -08:00
parent b67f6af5a1
commit 7d2e101a69
1 changed files with 6 additions and 6 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

12
ch08.asciidoc
View File

@ -770,12 +770,12 @@ Bitcoin's block interval of 10 minutes is a design compromise between fast confi
The following list shows the total hashing power of the bitcoin network, over the first five years of operation:
* 2009—0.5 MH/sec to 8 MH/sec (× 16 growth)
* 2010—8 MH/sec to 116 GH/sec (× 14,500 growth)
* 2011—16 GH/sec - 9 TH/sec (× 562 growth)
* 2012—9 TH/sec - 23 TH/sec (× 2.5 growth)
* 2013—23 TH/sec - 10 PH/sec (× 450 growth)
* 2014—10 PH/sec - 150 PH/sec in August (× 15 growth)
2009:: 0.5 MH/sec–8 MH/sec (16× growth)
2010:: 8 MH/sec–116 GH/sec (14,500× growth)
2011:: 16 GH/sec–9 TH/sec (562× growth)
2012:: 9 TH/sec–23 TH/sec (2.5× growth)
2013:: 23 TH/sec–10 PH/sec (450× growth)
2014:: 10 PH/sec–150 PH/sec in August (15× growth)
In the chart in <<network_hashing_power>>, we see the bitcoin network's hashing power increase 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).