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Tmdz
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June 30, 2016, 04:31:16 AM |
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yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.
regards
The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further. Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork. That could be a good thing. Does it also mean the miners will also support the hard fork if they want to recover the loss? They will definitely support the hard fork if they are also the owner of the DAO. They will save themselves. The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price. The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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sanas
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June 30, 2016, 07:49:21 AM |
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The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.
The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.
They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems. |
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Quesdana
Member
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Activity: 212
Merit: 10
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July 01, 2016, 10:53:46 AM |
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The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.
The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.
They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems. I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable. |
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Bokelka
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July 01, 2016, 12:39:45 PM |
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The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.
The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.
They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems. I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable. If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month. |
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sanas
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July 01, 2016, 06:58:01 PM |
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The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.
The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.
They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems. I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable. If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month. For high electricity price place, it is getting harder week after week to be profitable. The difficulty is too high. |
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QuintLeo
Legendary
Offline
Activity: 1498
Merit: 1030
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July 02, 2016, 01:42:34 AM |
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The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.
The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.
They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems. I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable. If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month. For high electricity price place, it is getting harder week after week to be profitable. The difficulty is too high. That's why I am moving (and others have already moved) to a land of VERY VERY low electric rates. |
I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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raskill
Member
Offline
Activity: 167
Merit: 12
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July 02, 2016, 04:07:49 AM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
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raskill
Member
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Activity: 167
Merit: 12
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July 02, 2016, 04:28:05 AM |
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Another point I would like to make is that I don't think Eth devs should look at Eth as a coin that has to go above and beyond bitcoin in order to be a success. Bitcoin is the KING of asic mined coins. IMO Eth should stay the KING of gpu mined coins. Any other philosophy, I think, will bring it down... If a hoard of Eth gpu miners suddenly changed coins let say to Expanse it wouldn't take long for Expanse to become the new gpu King.
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raskill
Member
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Activity: 167
Merit: 12
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July 02, 2016, 04:33:37 AM |
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Ugh Wolf there was no King in place at the time of bitcoin's. Now there is a king and to stand on his playground you have to compete on a level in which he has a 6 year head start. Forget it and accept the lessor crown...
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Ethey
Member
Offline
Activity: 112
Merit: 10
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July 02, 2016, 04:49:38 AM |
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Coinprice and difficulty is to low / high at this moment to mine profitable eth.
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Bokelka
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July 02, 2016, 12:32:55 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... I agree with the point that the bitcoin has to evolve and improve in the future to attract more users. |
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limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
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July 03, 2016, 05:51:56 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... |
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Auponef
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July 03, 2016, 06:58:38 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... Bitmain CEO said 30-40% of the miners are sold out of China. So maybe there are more Western miners now. |
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Sanguintan
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July 04, 2016, 09:22:29 AM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. For the GPU PoW, it will be mostly centralised. But there are many people in different parts of the world, it is still a little bit decentralised. |
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Bemerand
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July 04, 2016, 10:22:09 AM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. For the GPU PoW, it will be mostly centralised. But there are many people in different parts of the world, it is still a little bit decentralised. That is the reason I like the GPU coins. The proportion of the big farms is much lower than the ASIC coins. |
88.36255237114% of all ICO's are SCAMS
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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July 04, 2016, 12:03:26 PM
Last edit: July 04, 2016, 12:15:51 PM by d57heinz |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. Your exactly right. Only way to be decentralized is if we all have access to equal resources. Power asics cheap labor etc. since that isnt the case what is the point of all this again. For me its get what I can while I can because I see this all comin down in a ball of fire! Great experiment but will have to do better next time! The more I ponder the more I realize why satoshi left and doesn't want to be known. I imagine if this does go belly up. He won't be too popular! Best regards D57heinz |
As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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RoseMann
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July 04, 2016, 05:47:59 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. Your exactly right. Only way to be decentralized is if we all have access to equal resources. Power asics cheap labor etc. since that isnt the case what is the point of all this again. For me its get what I can while I can because I see this all comin down in a ball of fire! Great experiment but will have to do better next time! The more I ponder the more I realize why satoshi left and doesn't want to be known. I imagine if this does go belly up. He won't be too popular! Best regards D57heinz Compared to Ethereum, bitcoin is much simplier. If there is anything wrong with bitcoin, we should know it several years ago. |
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Tacalt
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July 04, 2016, 06:37:59 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. Your exactly right. Only way to be decentralized is if we all have access to equal resources. Power asics cheap labor etc. since that isnt the case what is the point of all this again. For me its get what I can while I can because I see this all comin down in a ball of fire! Great experiment but will have to do better next time! The more I ponder the more I realize why satoshi left and doesn't want to be known. I imagine if this does go belly up. He won't be too popular! Best regards D57heinz Compared to Ethereum, bitcoin is much simplier. If there is anything wrong with bitcoin, we should know it several years ago. That is right. The Ethereum is too complex. It is still quite new. I think there will be more bugs to be found. |
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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July 04, 2016, 06:39:39 PM |
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There wont be any forks...I don't believe any change to asic's either...If you tell gpu miners your all done if you don't go out and buy asic's that coin will die. For this coin to stay on the road to the moon it must remain a gpu coin and unforked...
That's why BTC is dead today. Oh, wait... 4 China-based mining oligarchies control 70% of the Bitcoin network and 100% of ASIC production, this sounds great! Oh, wait... PoW's endgame is centralization. Get used to it. Your exactly right. Only way to be decentralized is if we all have access to equal resources. Power asics cheap labor etc. since that isnt the case what is the point of all this again. For me its get what I can while I can because I see this all comin down in a ball of fire! Great experiment but will have to do better next time! The more I ponder the more I realize why satoshi left and doesn't want to be known. I imagine if this does go belly up. He won't be too popular! Best regards D57heinz Compared to Ethereum, bitcoin is much simplier. If there is anything wrong with bitcoin, we should know it several years ago. There is no wrong with bitcoin and i think bitcoin still the best to choose than choosing altcoin ethereum because the movement price of bitcoin is fast . Ethereim is profitable if you have a good GPU mining. |
Solving blocks can't be solved without my rigs.
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Tmdz
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July 04, 2016, 07:07:58 PM |
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GPU or ASIC...it makes no difference once the farms start mining. In Ethereum it only takes 3 of the major pools to make decisions on a specific fork for the entire network.
Bitcoin is same.
Crypto is centralized where the few decide the fate of the many, decentralization is an illusion.
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