user36104: 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

user31844: 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.

36104: <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>
 31844: <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>
