are you f***king kidding??

yes yes, continue believing in those smoke-sellers. Do it. Noone will grant you any profit anytime soon, but people are still buying. Poor ignorants, they will lose it all.

simple. a recent Poll done by Wells Fargo/Gallup revealed that 75% of investors contacted said that it was very risky to invest in BTC. 23% said somewhat risky.

The market could not go up and traders are solving positions.

This market is dead. But people still believe in this. Big error.

you never have enough right?? I'm on profit right now. 120$ after electricity costs. You are mining on 0 profit. Who is the stupid here , mofo?

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they fucked up their investment, and before getting rekt, are switching. Losers. Big losers.

i'm not much in 1080/ti but i remember that i saw this in April 2018 when it begun this "trick", and i don't remember many people talking about this in forums. Can it be that huge farms have known of this recently?? there was recently a big drop in hashrate but then it skyrocketed. Some people have said it can be that Bitmain plugged off their machines, cleaned them and shipped them to customers who bought them. But still, Bitmain has been using them for quite a while.

If the hashrate was 262.000, dropped to 237.000 (due to cleaning and shipping) and then up to 269.000, in just 3 days, from where did those 7.000gh came from?? is someone,with current situation betting on mining when buying is actually more profitable , and considering that , blindly, the market is gonna suffer a bullrun??

It's incredible and irresponsable on the other side. I would never bet money on this.

there is not such a ride to enjoy. Hashrate destroys all profit. more coins produced destroy profit. More Asic destroy profit. More Nvidia guys switching to ETH destroys profit. PoS will destroy profit totally. more coins in the market means less profit. No demand or a declining demand destroys profit.

I think this is not gonna end well. In fact, watch my bet in my signature. Every bargain is destroyed in this world due to greed. This one will be another example.

So the question remains unsolved: why is hashrate increasing since profit is almost neglectable??? are people betting on a price increase blindly?? What if that does not happen?? have they thought about it???

i think it could be this: the pill for 1080/1080ti. in a reedit post some guys have reported an increase from 37 to 54 simply by using a program that performs a "tweak" in the memory settings for GDDR5X. Considering a huge amount of people have those cards, the damage of this pill on the hashrate is huge because it increases the hashrate of Nvidia guys by 30% which is and could be this peak we are suffering.

building a hydro-plant for electricity in the cheapest country in the world for electricity. Are you kidding? another way of stealing the people of venezuela. Maduro is a corrupt-terrorist.

none of them.

there are no other coins to mine that are not infected by ASIC. And as soon as ETH goes PoS , any existent coin alive with profit, will be hamered to hell with those GH of hashrate. There is not a coin to take that amount of gpus.

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interesting. I paid 250$ for every 570-580. all of them are doing 30+. Average from 12 cards is 31,3mh/s. i even got 2 580 with micron doing 32,8mh/s . With 700$ you paid for everyone of those 1080ti, i will buy two AMD cards, will destroy you in hashrate and profit even after paying electricity bills, and with the rest (700-500$ in case you are mentally handicaped = 200$) i will pay your girlfriend to suck my dick until it gets dry.

The only thing you will make me is laugh at your face with big ears like a donkey.

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no more questions sir.Learn not to lie.

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it's not even that. If you bought Nvidia betting for some coins to develop, and after some time, you see that the market has rekt you and you have to switch, well, instead of calling me a crybaby, just tell me: hey, i'm one of those that fucked up the investment, and now i'm mining for 0 profit waiting after electricity betting all on price increase. Sorry for harming you.

That's what i would do on that situation.

i also have 2 1060 on my rigs. And eventhough i knew those cards were better mining Zcash, i stayed away from that. Why? because my investment was to mine ETH. and if ETH failed, i would have left the market and sell my rigs. no doubt. i never trusted other coin than ETH. In fact, i could have built much more rigs for ETH. and i didn't do it. Why? Because first of all i'm not a greedy bastard like many miners here. And 2º because i knew that i was actually harming people that were already mining, and my point was to get enough for me harming those guys the minimum. I entered mining ETH in October 2017. i even considered my goal to get 300€ a month after paying my bills. This was, according to that time, doable.

any coin can survive massive amounts of hash power net wise. the problem is the price. The more hashpower the more supply, the less price. Nvidia guys have now no place to go so no profit and now they are harming ETH miners (AMD related hardware). I undestand that miners are in search for profit. but i will not allow a fucking nvidia retarded to tell me i'm a crybaby, because i'm winning less money due to people like him, switching his cards to mine ETH even at 0 profit , harming my economical interest. at current prices, and current difficulty, it will take me at least 20 more months to even ROI. the perfect storm is here.

I don't need this money. In fact, i hate this market. i'm ready to sell and pray everyday for the end of this big lie, but i will keep my machines ON to fuck up those ASICS and nvidia guys as much as possible. Greed is the biggest cancer of this world. It's proved day after day.

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No, i will keep them ON just to increase my best the difficulty so that guys like you mining for loses. And hope the market destroys you.

you bought Nvidia cards to mine altcoins pro-nvidia (where AMD could not get) like Zcash. i stayed away from that because i considered those coins to be shitty coins. i bought AMD because i was sure to mine ETH from the begining. I knew by that time that Nvidia cards were more efficient than AMD cards, but with a bit of tweaks and lots of hours of testing, btw,  i got to equal efficiency with huge advantages over Nvidia cards, using almost 130W. with the price of one 1070 i could buy two amd cards. And card to card efficiency my 570-580 were almost equal to 1070's doing 30mh/s. i could match even THE BEST 1070'S OF THE MARKET doing 32mh/s with cards that cost half of those.

So now that your shitty coins are what they are, shitty coins, and proves that your investment was succesfull only due to living the luck of a big bullrun, you have NOTHING TO DO THAN SWITCH TO ETH fucking those that stayed away from your shitty coins and never wanted to enter your shitty market. I actually don't care about your fucking arguments. You, and people like you, are fucking up people like me, switching your fucking cards to mine a coin which was not your main idea in the past. So , you paid off your cards mining whatever shitty coin pro-nvidia you encountered, and now you fuck up people that still want to ROI even having bought cards at half MSRP prices. GTFO PoS.

You, and all nvidia guys should leave ETH. Because you mined your coins, and now you are destroying our coin. Get out of ETH nvidia guys. This is not meant for you. Go away.

Totally disagree, for various reasons.

1º because ETH has a huge amount of coins already mined. There is plenty of coins to be bought everywhere. so i don't see a supply problem anywhere.

2º Because at current prices, mining is almost not profitable for ETH. It's already unprofitable to mine 95% of the coins with GPU. So everycoin is becoming centralized, just the contrary of what Blockchain was about: a big lie of Decentralization has gone down. Now very few people control the supply of 95% of all coins in the world.

3º Because it's uncertain that, even if everybody stops mining due to increased difficulty, there would still be coins to sell in the market, so no problem with stock, so no price increase.

4º i don't see chinesee people stop mining ETH due to low price electricity bills. Those that are getting REKT are EUROPE and USA. IF this increase in hashrate reflects a certain type of manipulation consisting on increasing difficulty as much as possible to make Europeans and USA people be mining with no profit, that would make the ETH market more centralized.

5º the consecuence of the increased ASIC in the ETH net, will also mean that GPU miners will get reduced profit. And that will go worst if ASICS with more power enter the net, increasing Stale shares.

6º This probes wrong every effort to concieve that blockchain is a decentralized market. FALSE. As time passes by, it's becoming hugely CENTRALIZED , almost in the hands of Chinesse people.

7º Even if everybody decided to mine ETH at losses, there is not a single argument to think prices will go up. So you can end up, not only not winning money, but losing it everyday you have your machines ON.

8º more hahsrate = more supply = less price. The more hashrate , the less price. This has been like this for ever. On everything.


The more info i get, the more manipulation see on this market. All is getting worst and worst everyday in favour of rich people mining with ASIC to throw all the others away.


If you see your neighbour's Beard being cut, be prepared because next beard to be cut will be yours. If you are a miner, my problem is the same as yours.

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Not true. PoS will be applied to ETH this year, or begining of next year. So they will not even ROI at current prices. It makes no sense to see the ETH hashrate increase. Makes no fucking sense.

it makes no sense to continue investing in ETH miners, specially when Vitalik said that over 100 million coins they would inmediately apply PoS. So many people are going to get REKT. Are people THAT ignorant???

you need at least around 4500€ to get a 12 GPU mining rig mining at 360-370mh/s which is , at current prices, around 42 months to ROI.

if you use ASIC you will pay at least 1600€+ shipping which is, at best , 16 months to ROI at current prices. Then, when PoS comes will be unusable with no investment return

There is no point in investing on mining right now. HOW THE HELL ARE THEY STILL BUYING MACHINES TO MINE!!!!!!

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BTW another Record.

268.200Gh/s. No doubt, Fucking ASICS are behind this.

today new record.

265.700 Gh/s. This is increasing. oohh BTW, someone has noticed that "current" hashrate of your miner is going down harder the ever???My hashrate is 354mh/s. It's always around 340mh/s (this has been like this for almost 6 months). But, in the last weeks it went down to almost 310 at best.

Thanks bitmain. Hope you go to hell.

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Record after record.

267.700gh/s My god what a madness. More profit destruction. Keep up fucking people stupids!!

no, this is just a bull trap, specially for altcoins.

While BTC has increased 10% in 7 days, and 32,4% in the last 30 days, ETH only won 0.4% in the last 7 days and only 5,4% in the last 30 days.

BTC seems to be the only coin investors are ready to put money in. The rest, are being left aside.

just a few things.

- Someone said that with PoS ETH will be more valuable. I totally disagree. Small ETH owners will be forced to sell, since not everyone will be able to join PoS. It's being said that only those with more than 100 ETH will be allowed to enter. Probably even those with 10. But not with 2 or 3. Those guys (a lot of people have this amount of coins) will be forced to sell. In the begining, big sharks will not buy because they will want to drop the price down. Then buy. PoS will obviously reduce mining to 0, but ETH is one of the important coins with a huge amount of coins (BTC is limited to 21 million) while ETH has now more than 102 million coins circulating.

- Considering price, time to ROI and Electricity Bill, you have to be mad, like really mad, to spend money on mining today, specially if you buy for mining ETH when PoS is very near. those that have bought ASIC for ETH mining are gonna get REKT. Bitmain has sold them not because there is no profit with them, but because they have a certain idea of when PoS will be announced, and they would not be able to sell those machines in that situation.

- a good 1080 ti can do as much as 37 mh/s (there is some guys over there talking about idon'tknowwtfpill) that is said to increase it to 54mh/s. considering prices, i can outperform that. simple as this: at the biggest hardware retailer here in Spain (equivalent to newegg in the US), the 1080ti is around 830€ or 967$ to get around 37mh/s at best. I can buy Sapphire RX 570 nitro+ reaconditioned 8gb for about 240€ or 279$ and get about 30mh/s with 120W as i did in the past. In fact, i have various 570 doing even 32mh/s . I don't see this cards (1080ti) a win win situation for ETH mining. Not even considering paying more electricity. considering this, i don't think those 1180 will do 70. More like 50mh/s at best, and they will have to compete with all RX Vegas 64 at 640€ in my country.i simply don't consider this.

- Another thing is difficulty. Its been increasing for a lot of time, but it runs steady lately. There are some variations here and there, but hashrate stays rather high. I assume 95% of the guys mining altcoins got rekt by ASICs because they are destroying profit for everybody. Can you imagine what will happen when ETH goes PoS. Were are those thousands and thousands of cards going to go?? to mine ETC?? low prices+ skyrocket difficulty = get REKT. Hope this mining madness is over.

- AFAIK ETH is not ASIC resistant. In fact, a developper made a poll to see if people would like a fork, and the answer was yes (56% i think). But they have not done it. Vitalik wants to get as much net as possible built before going PoS and for that, they need that extra power from ASIC. Everything about decentralization is A BIG LIE. Everything is so centralized, that chinesse people have 50% of the hashing power of BTC. They only have to stop mining to increase the price of the coin consistenly.

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your ETH price estimation seems really unreal for me. i don't think it will get to 2500$ never. In fact, see my signature.

On the other hand, i don't think Bitmain gives a shit about people blaiming them. They already count on this. Most, if not all algos pro-nvidia are ASIC-centralized right now. Unless Nvidia cards give a huge amount of Mh/s on the ETH network, i don't see miners going for this. and lets not talk about it if prices don't increase.

For instance, watch RX Vegas giving like what, 37mh/s? (considering RX Vega 56 are doing around 32mh/s) and they remain unsold due to price. Unless GTX 1180 are doing like 45 .......

Hope you are wrong and difficulty does not increase more. Or at least, not at current prices.

i do aggree, in December 2017 the network hashrate was about 130.000gh, now it's double that, at 260.000gh so around 100% increase. But i had not seen such growth within days. for instance, the network hashrate can vary from 240.000 21st July to 262.000 today.

Are 22.000gh/s moving around?  thats a lot of gpus or ASICS machines. i think this "mining madness" is not only for users. I think many gobernments are mining this. for instance, watch that Rusian that mined for 3 months BTC using institucional hardware and mined around 500.000BTC which is worth 4 billion $ right now.

also we have to consider that many people are seeing that 95% of altcoins give very little profit. Also to consider that many many many coins are becoming centralized due to ASIC greedy bastards.

i think that if ETH goes up in price, also will do the difficulty and network hashrate, because people are in search for easy money.

With this increase in hashrate specially since May, it takes me from 3 to 4 hours more work to get me paid every time. In total, i've calculated around 0.05 ETH (+ electricity costs) less every month since May due to difficulty increase.

this is insane.

ETH difficulty has gone up by 10,32% in the last 90 days. This is crazy.

BTC is increasing in price, while the rest are struggling to hold their actual value. so, we can say that BTC is NOT LINKED TO ALTS IN INCREASING VALUE.

BUT!!! and this is the real issue, if BTC goes down, all the rest will follow. So alts don't follow the uptrend, but it will follow the downtrend, which is really disappointing and disgusting.