Ethereum Mining Bomb (Probably only 6 more months of ETH mining left)

[Dev_Sempak_coin]

sorry im newbie at block and mining, if we need one month to find and solve 1 block

Blocktime over one month in October 2017

how about transaction? so we must waiting 1month to get confirmation ?

[Tmdz]

They will switch over to POS before something like that happens.

That is to make difficulty too high to make a profit mining, forcing the switch over to POS.  But there are talks about taking the difficulty bomb away as they think the new version for POS will take more time and testing than anticipated.

[Amph]

it does not matter anymore, etheruem is not the most profitable lately, there are better option

[onemd]

it does not matter anymore, etheruem is not the most profitable lately, there are better option

What are the more profitable coins? I am interested in know the coins. But the Ethereum difficulty is still rising.

[Amph]

it does not matter anymore, etheruem is not the most profitable lately, there are better option

What are the more profitable coins? I am interested in know the coins. But the Ethereum difficulty is still rising.

whattomine and use boosted hash for lyra2v2

[viksa86]

it does not matter anymore, etheruem is not the most profitable lately, there are better option

What are the more profitable coins? I am interested in know the coins. But the Ethereum difficulty is still rising.

whattomine and use boosted hash for lyra2v2

What is boosted hash for r9 280x ?

[onemd]

it does not matter anymore, etheruem is not the most profitable lately, there are better option

What are the more profitable coins? I am interested in know the coins. But the Ethereum difficulty is still rising.

whattomine and use boosted hash for lyra2v2

What is boosted hash for r9 280x ?

For the 280x, if you run it at 1000/1500MHz, the speed is about 20 MH/s. But it drops about 1% every DAG change.

[pehoko]

How much hashrate is enough for solo mining?

[Xising]

How much hashrate is enough for solo mining?

If you have very good network connection to the outside world, very low latency, 200MH/s is enough.

[Candsno8]

How much hashrate is enough for solo mining?

If you have very good network connection to the outside world, very low latency, 200MH/s is enough.

What speed is very good connection?

[Amph]

How much hashrate is enough for solo mining?

depend on what coin you want to mine for ethereum you need something like 400 giga to able to find block on a regular bases

i would say that for any solo you need 1/10 of the hashnet, but some times i do it with 1/20, no more than that, it depend on how much is the block time....

[onemd]

How much hashrate is enough for solo mining?

If you have very good network connection to the outside world, very low latency, 200MH/s is enough.

What speed is very good connection?

It is mainly the latency to connect to the outside world. If the latency is too high, you will have lots of stale blocks.

[Raja_MBZ]

That might not be correct. Do keep in mind, that not only the difficulty is increasing, but the value of ethereum is increasing at the same time too. If the cost of ethers keep on increasing with the current rate, there might be a lot more mining left in ethereum, regardless what the mining difficulty becomes.

[Juhagic]

That might not be correct. Do keep in mind, that not only the difficulty is increasing, but the value of ethereum is increasing at the same time too. If the cost of ethers keep on increasing with the current rate, there might be a lot more mining left in ethereum, regardless what the mining difficulty becomes.

If the price increase at the same rate as the difficulty, it is profitable to mine if you calculate using the fiat. But it is better to buy the coin instead of mining, you will make more profit.

[CryR]

Everybody will change the mining to Decred   

[QuintLeo]

That might not be correct. Do keep in mind, that not only the difficulty is increasing, but the value of ethereum is increasing at the same time too. If the cost of ethers keep on increasing

 It didn't - massive collapse in price the last couple days, both vs. Bitcoin and overall. Still profitable for most, but ROI on new gear just became REALLY SUPER iffy at best.

[Juhagic]

That might not be correct. Do keep in mind, that not only the difficulty is increasing, but the value of ethereum is increasing at the same time too. If the cost of ethers keep on increasing

 It didn't - massive collapse in price the last couple days, both vs. Bitcoin and overall. Still profitable for most, but ROI on new gear just became REALLY SUPER iffy at best.

The Etheruem price dropped a lot in the last few days. It is better not to buy the new gear to build mining farms.

[sanas]

Shall we ask the Etheruem developers to let the PoW mining continue for a few more years so that we can protect the network more properly?

[Psynthax]

they should keep ethereum on POW IMHO

[Amph]

they should keep ethereum on POW IMHO

but the point here is that even if they do that, due to the diff increasing in this stupid way, you would end up not mining anything at the end

so is not even a matter of adding more gpu at this point