<p>A miner should not be correlated with a device. I can have 10 devices and I will still be a single miner from the perspective of the pool. I can have a mining farm with thousand devices and I can still look like a single miner to the pool.</p>

<p>Also note that a miner, in the above sense, is just a person that provides hashing power to a pool that runs a mining node; i.e. there are much less mining nodes.</p>

CC BY-SA 3.0
2016-05-30T12:28:27.153Z
2016-05-30T12:28:27.153Z
karask
<p>According to <a href="http://bravenewcoin.com/news/number-of-bitcoin-miners-far-higher-than-popular-estimates/" rel="nofollow">http://bravenewcoin.com/news/number-of-bitcoin-miners-far-higher-than-popular-estimates/</a> there are 100,000 miners and blockchain.info claims a hashrate of <strong>1.42 EH/s</strong>.</p>

<p>How is it possible to be mining on Bitcoin at a hashrate of 1.42 EH/s with just 100,000 miners?</p>

<p>That would yield 14.2 TH/s per miner, while best ASICs are performing around <strong>1 TH/s</strong> <a href="https://en.bitcoin.it/wiki/Mining_hardware_comparison" rel="nofollow">https://en.bitcoin.it/wiki/Mining_hardware_comparison</a></p>

CC BY-SA 3.0
2016-05-29T13:36:57.487Z
From the chart you posted, the best ASIC on the chart is the Antminer S5+ which yields 7.7 TH/s.
Jimmy Song
CC BY-SA 3.0
2016-05-29T16:14:25.320Z
Right, but I guess not every miner is using Antminer S5+...
Juan Ignacio Pérez Sacristán
CC BY-SA 3.0
2016-05-29T17:23:59.417Z
A a single miner could be using 200 Antminer S5+ units though
k kurokawa
CC BY-SA 3.0
2016-05-29T17:49:36.360Z
It's not really clear from that article whether a "miner" refers to a device, or a person, or an organization, or what.
Nate Eldredge
<mining-hardware><mining-theory><hashpower><gpu-mining>
A hashrate of 1.42 EH/s, really?
Juan Ignacio Pérez Sacristán
# A hashrate of 1.42 EH/s, really?

(Asked by: username_0 on 2016-05-29)

According to <http://bravenewcoin.com/news/number-of-bitcoin-miners-far-higher-than-popular-estimates/> there are 100,000 miners and blockchain.info claims a hashrate of **1.42 EH/s**.

How is it possible to be mining on Bitcoin at a hashrate of 1.42 EH/s with just 100,000 miners?

That would yield 14.2 TH/s per miner, while best ASICs are performing around **1 TH/s** <https://en.bitcoin.it/wiki/Mining_hardware_comparison>

**Tags:** mining-hardware, mining-theory, hashpower, gpu-mining

> **Comments:**
> **username_1**: From the chart you posted, the best ASIC on the chart is the Antminer S5+ which yields 7.7 TH/s.  
> **username_0**: Right, but I guess not every miner is using Antminer S5+...  
> **username_2**: A a single miner could be using 200 Antminer S5+ units though  
> **username_3**: It's not really clear from that article whether a "miner" refers to a device, or a person, or an organization, or what.  

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## 1 answers

### Answer by username_4 on 2016-05-30. Score: 1 | Accepted answer

A miner should not be correlated with a device. I can have 10 devices and I will still be a single miner from the perspective of the pool. I can have a mining farm with thousand devices and I can still look like a single miner to the pool.

Also note that a miner, in the above sense, is just a person that provides hashing power to a pool that runs a mining node; i.e. there are much less mining nodes.


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