ETH Difficulty +11% in less than 24 hours.

[adaseb]

This is probably one of the largest difficulty jumps i've seen recently. For the past month or so we were averaging +25% in 1 week or so.

But today alone it spiked up +11%

3896897   Block   eu1   June 19th 2017, 9:13:15 am   765.6 T   11.4 TH/s   69s
3901922   Block   eu1   June 20th 2017, 8:09:45 am   847.7 T   11.4 TH/s   35s   213%

That equates to around 200,000 GPUs (assuming 28MH/s)

We started the year off with 200,000 GPUs mining in total.

Really starting to suspect some type of ETH ASICs out there since the difficult jump is looking exponential for the first time. Before it was linear.

The 0.3% DAG slowdown for the RX series doesn't seem so significant anymore.

[Jamievs]

It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

[666mrga999]

I agree this has to be some ASIC in play, because there are no new 200k GPUs in the world.
A week ago I saw a post with 230MH/s per GPU, so maybe this is the reason...

[CjMapope]

Holy carp 11%+ in one go!

It would be logical to assume at this point an ASIC, there are and will be other future dagger coins, even once ETH goes PoS

Crazy times gentlemen, think ill stop buying ti's for a while see where mining goes in next 30 days or so, thx for the info man!

[adaseb]

Also to make matters worse since we passed 3,900,000 block, the ice-age difficulty factor went up also.

[Smasher9a]

There has been one listed as Out of Stock for months but you never know if they are selling/using on the side - https://www.eastshore.xyz/shop/ethereum-gpu-miner-eth-zcash-xmr-supported/

Looking at the screenshots tho, looks to just hold 8 GPU's at 29MH/s each so could be anything or even a complete fake

[Kompik]

I see different numbers than you do? 801,268,268M - diff? But even that is quite a jump.

[mikbal]

Difficulty is not the same as the network hashrate.
Check this for the actual network hashrate.


https://www.coinwarz.com/network-hashrate-charts/ethereum-network-hashrate-chart

I don't think there are asics for ethereum. However i am %100 sure big farms are hoarding all the gpus.

[Metroid]

That must be nvidia doing their testing on eth networking. You ready? hehe

[Marvell1]

It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL

[grchina]

People are forgetting that 1070 can do 30 mhs and that they are available to buy almost everywhere.Or it could be that nvidia is testing their 1060 mining cards😀

[kurbeks]

Anyone checked other coin hashes?

Looked at them looks like most are increasing slowly. Zclassic had big pump yesterday and then dropped.

[kurbeks]

It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL

Pandas will get RX460, look at their post. And even regular 1000x pandas would give just at around 230Ghash increase.

[Metroid]

I'm mining with only 1 x rx 480 for fun cause mining is for losers, although when I hear the word "asic" then I start feeling, this amazing flood of money will soon be left with more cows than grass. If you mined LTC then you must be having nightmare everytime you go to sleep cause this just cant be helped, people who are buying rx 470 480 570 580 for 700 usd are idiots. I would not pay 200 usd for them, at 120 usd i would think about. I guess will be thousands of them selling for less than 100 usd in few weeks hehe

[Marvell1]

People are forgetting that 1070 can do 30 mhs and that they are available to buy almost everywhere.Or it could be that nvidia is testing their 1060 mining cards😀

actually 1070s are sold out too , the ones that are available are like $500
better to buy two 1060s at that price

[Marvell1]

It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL

Pandas will get RX460, look at their post. And even regular 1000x pandas would give just at around 230Ghash increase.

they sold at least 3ghz of pandas last batch at the 235 speed i think 3k pandas in total so they will be brining 5000 pandas online with these slower cards to meet thier promisedhash

[bathrobehero]

When this kind of money is involved I'm pretty sure there are some super efficient miners in some form and ASICs are probably just around the corner.

Also to make matters worse since we passed 3,900,000 block, the ice-age difficulty factor went up also.

True, but it's still only 0.016% as per: https://etherchain.org/charts/difficultyBomb

[Metroid]

I guess noobs are already scared about what is happening. They were earning $5 per day per card few days ago, now around $4.20, next week $3.20 and then $2.40 and then $1.70 and then $0.30 and then they will commit suicide in a month from now hehe. Their 80 days roi will become 80 years hehe

[Marvell1]

I guess noobs are already scared about what is happening. They were earning $5 per day per card few days ago, now around $4.20, next week $3.20 and then $2.40 and then $1.70 and then $0.30 and then they will commit suicide in a month from now hehe. Their 80 days roi will become 80 years hehe

the so called 'noobs' are late to the game in any case, the were never gona ROI in leas than six months, that being said six month roi is better than anything on wall street but they could. have made a fuckton more by just buying eth and zcash a mere three months ago ...

[Vaccinus]

yeah i also think as to do with asic, because with the current profit that ETH is giving it's worth to build dedicated asic for it, this or there is still someone selling gpu privately maybe, they are not really out of stock like many thing