ETH difficulty bomb today

[sevenmiles]

https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart

jump from 1,800T to 2,200T

ttps://steemit.com/ethereum/@joshbreslauer/ethereum-metropolis-upgrade-in-late-september

In addition, the so-called Difficulty-Bomb is actually delayed and will be part of the 2nd Hardfork of Metropolis.
The Difficulty Bomb should cause an expanding difficulty in ethereum's mining.
It is an intermediate step for the gradual replacement from proof-of-work to proof-of-stake.
This is the so called Ethereum "Ice Age".
But for the next Metropolis HF in September 2017 this should be delayed to the 2nd part and replaced by a simple Block Reward reducement from 5 to 3 ether per block.

https://www.reddit.com/r/EtherMining/comments/6t56a0/important_information_from_todays_ethereum_dev/
For those of you wondering what the real world impact of these bombs going off is, they are significantly increasing the amount of time it takes to mine blocks. Before one of the first bombs went off in mid May, it took on average about 14.5 secs to mine one block which contained 5 ETH. If you look at this chart https://etherscan.io/chart/blocktime you can see the exact times each subsequent bomb has gone off to the point we are at now were it is taking about 21 secs to mine 1 block of ETH. With the current implementation of Ice Age, this is what block times will look like over the coming bomb drops:
 
August 25th - 25 seconds
September 24th - 32 seconds
October 31st - 41 seconds

[Zhexy]

in real world did it happen?i mean 25 august difficulty bomb

[rigomortis]

So if people start leaving to mine other coins. Would it be possible to recoup the diminished returns since less are mining and the pool reward essentially increases to those that stayed on?

[plasmodesmata]

Eth just doesnt want me to be great

[Dlugina23]

This is change the reward for block.

[bathrobehero]

https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart

jump from 1,800T to 2,200T

ttps://steemit.com/ethereum/@joshbreslauer/ethereum-metropolis-upgrade-in-late-september

In addition, the so-called Difficulty-Bomb is actually delayed and will be part of the 2nd Hardfork of Metropolis.
The Difficulty Bomb should cause an expanding difficulty in ethereum's mining.
It is an intermediate step for the gradual replacement from proof-of-work to proof-of-stake.
This is the so called Ethereum "Ice Age".
But for the next Metropolis HF in September 2017 this should be delayed to the 2nd part and replaced by a simple Block Reward reducement from 5 to 3 ether per block.

https://www.reddit.com/r/EtherMining/comments/6t56a0/important_information_from_todays_ethereum_dev/
For those of you wondering what the real world impact of these bombs going off is, they are significantly increasing the amount of time it takes to mine blocks. Before one of the first bombs went off in mid May, it took on average about 14.5 secs to mine one block which contained 5 ETH. If you look at this chart https://etherscan.io/chart/blocktime you can see the exact times each subsequent bomb has gone off to the point we are at now were it is taking about 21 secs to mine 1 block of ETH. With the current implementation of Ice Age, this is what block times will look like over the coming bomb drops:
 
August 25th - 25 seconds
September 24th - 32 seconds
October 31st - 41 seconds

That will probably be more since miners will slowly turn away from mining it as well.

This chart shows the difficulty bomb has only 0.05% effect: https://etherchain.org/charts/difficultyBomb

[Bothebu]

So if more people go to mine other coins because of difficulty and reward how likely is transaction delays to loss of miners?

[adam1230]

they are slowly turning to POS
Miners should leave ETH as soon as possible cause its not profitable as much.
We will see too many gpu's for sale in near future

[BennyT]

they are slowly turning to POS
Miners should leave ETH as soon as possible cause its not profitable as much.
We will see too many gpu's for sale in near future

You are correct as long as ETH stays at the current price. Most miners are in for the long run though knowing ETH has a long way to go.

[plasmodesmata]

they are slowly turning to POS
Miners should leave ETH as soon as possible cause its not profitable as much.
We will see too many gpu's for sale in near future

They are already heading in that direction, seen ebay? rigs and GPUs for sale all over the place. I guess the heat was too much for them, literally. I can't wait until the winter time. House heating by mining rig, lol.

[valuater]

Oh no, but within this close I wanted to mine the ethereum this is the bad news is there are likely to be up again?

[BHTeam]

Come mine HUSH guys, its more profitable.

[BennyT]

Oh no, but within this close I wanted to mine the ethereum this is the bad news is there are likely to be up again?

People still don't understand the evolution of Crypto. They buy a rig based on today's prices. Oh, I buy one rig and it makes $300 a month mining Ethereum, sounds good I'm in. Oh .. look at that, ETH went up, now my rig does $400/month - awesome! Wait.. what? Difficulty bomb??? At today's prices I'll only make $325!!! SELL THE FARM!!!!

Lunacy.