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Title: Understanding ETH difficulty Post by: mensa84 on July 11, 2017, 04:42:18 AM Hello,
which factros does really affect the ETH difficulty? Is it only the number of miners / total hashrate? Does also the ETH price affect the difficulty? If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same? Is it possible and realistic that difficulty decreases? When would that happen? Title: Re: Understanding ETH difficulty Post by: car1999 on July 11, 2017, 04:54:04 AM good question.
Title: Re: Understanding ETH difficulty Post by: Marvell1 on July 11, 2017, 04:57:45 AM Hello, which factros does really affect the ETH difficulty? Is it only the number of miners / total hashrate? Does also the ETH price affect the difficulty? If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same? Is it possible and realistic that difficulty decreases? When would that happen? lol Ill stop u right there , I wont decrease unless it becomes unprofitable to mine which will never happen until pos so dont expect that, its possible it plateaus if it becomes maybe three times less profitable due to dropping price , ice age, diff rise or some combination there off. either way if it goes down significanty it means its not worth mining anyways Title: Re: Understanding ETH difficulty Post by: YIz on July 11, 2017, 05:25:17 AM Hello, What factors? the hash rate of the global network. Price is not affected (directly) by difficulty. which factros does really affect the ETH difficulty? Is it only the number of miners / total hashrate? Does also the ETH price affect the difficulty? If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same? Is it possible and realistic that difficulty decreases? When would that happen? Title: Re: Understanding ETH difficulty Post by: Tomintx on July 11, 2017, 06:00:32 AM Hello, which factros does really affect the ETH difficulty? Is it only the number of miners / total hashrate? Does also the ETH price affect the difficulty? If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same? Is it possible and realistic that difficulty decreases? When would that happen? To answer the original question here: Difficulty does not impact your individual hash rate. Difficulty affects productivity of a given hash rate. More difficulty will slow down the Ether (or any other coin) production of the network. Value of the currency is tied to supply and demand only and has nothing to do with difficulty or hash rate. Title: Re: Understanding ETH difficulty Post by: Subw on July 11, 2017, 07:06:07 AM there are several factors affecting ETH mining/profits:
- difficulty - ice-age - RX hashrate drop - coming PoS - possible reward reduction enough? Title: Re: Understanding ETH difficulty Post by: poby on July 11, 2017, 07:17:40 AM Most if not all will be answered here -> https://bitcointalk.org/index.php?topic=1979022.0
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