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Author Topic: Ethereum Mining Bomb (Probably only 6 more months of ETH mining left)  (Read 9541 times)
Psynthax
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June 21, 2016, 07:59:17 AM
 #41

Yeah true that.. I am gonna add more GPUs anyway, but will mine the most profitable coin..

sanas
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June 21, 2016, 12:39:05 PM
 #42

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

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onemd
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June 21, 2016, 06:07:09 PM
 #43

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

the Ethereum network mining difficulty level is 51 T now. It is another all time high. These new miners are very confident.

Amph
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June 21, 2016, 06:39:13 PM
 #44

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

the Ethereum network mining difficulty level is 51 T now. It is another all time high. These new miners are very confident.

they are not very confident, they simply can not mine anything else they are forced to stay there

they cannot simply switch to another algo and destroy it, no other coin can sustain even 1/4(probably 1/8, i didn't do the math here) of the etheruem hashrate
onemd
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June 23, 2016, 01:19:35 PM
 #45

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

the Ethereum network mining difficulty level is 51 T now. It is another all time high. These new miners are very confident.

they are not very confident, they simply can not mine anything else they are forced to stay there

they cannot simply switch to another algo and destroy it, no other coin can sustain even 1/4(probably 1/8, i didn't do the math here) of the etheruem hashrate

You are right. Some miners have already ordered the parts, so they have to build the farm equipment any way.

Kalamsid
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June 27, 2016, 07:06:18 PM
 #46

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

the Ethereum network mining difficulty level is 51 T now. It is another all time high. These new miners are very confident.



they are not very confident, they simply can not mine anything else they are forced to stay there

they cannot simply switch to another algo and destroy it, no other coin can sustain even 1/4(probably 1/8, i didn't do the math here) of the etheruem hashrate

You are right. Some miners have already ordered the parts, so they have to build the farm equipment any way.

The difficulty is 55T now. So those miners have ordered too many parts to build the mining farms. Hope they can make some profit.
Juhagic
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June 28, 2016, 05:04:26 PM
 #47

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

I will not add any more GPU at the moment. But some cheap electricity users are adding the GPU at the moment.

the Ethereum network mining difficulty level is 51 T now. It is another all time high. These new miners are very confident.



they are not very confident, they simply can not mine anything else they are forced to stay there

they cannot simply switch to another algo and destroy it, no other coin can sustain even 1/4(probably 1/8, i didn't do the math here) of the etheruem hashrate

You are right. Some miners have already ordered the parts, so they have to build the farm equipment any way.

The difficulty is 55T now. So those miners have ordered too many parts to build the mining farms. Hope they can make some profit.

So these guys think there will not be a mining bomb which was originally to explode some where around November?
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