PART ONE — THE SURGE
The Week the Network Changed
An independent look at the BrowserCoin network — the fortnight it went from CPUs to a wall of new hashpower.
The short version
- The network's hashrate rose ~50× in a fortnight — from ~36,000 guesses per second (H/s) to a peak near 1,908,731 H/s — and almost all of it arrived on one day, 14 July.
- It's GPUs: five addresses that appeared that day share a near-identical winning-nonce fingerprint that no established miner has.
- One of them (a60f314b) now finds up to ~40% of a day's blocks, and the number of different miners winning blocks each day fell from ~100 to ~17.
- One farm, or several independent operators? The public chain can't tell — they share software, not a wallet, and no money links them.
New here? Mining BrowserCoin means computers racing to find "blocks" by guessing numbers, over and over, as fast as they can. Whoever finds a block earns the coins. That's all you need to know to read this.
Hashrate is how many guesses per second the whole network makes — a direct measure of how much computing power is aimed at BrowserCoin. More hashrate = more (or faster) machines mining, and every block gets harder for any one person to find.
The network's total mining power over time. Note the scale on the left: each line up is 10× higher than the one below — so July's near-vertical jump is even bigger than it looks, from tens of thousands to nearly two million guesses per second.
It now takes just 7 addresses to find more than half of every block mined — down from 10 a few weeks ago, and as few as 3 on the busiest recent days. Fewer players, more concentrated. (Analysts call this the "Nakamoto number.")