Jump in Ethereum difficulty (+20%)

[EMWEE]

I'm on free power so ill keep mining for ETH at the moment and wait for byzantium. I never sold any ETH that i mined and will HODL it. The current prices and difficulty have not convinced me to switch....yet.

[davemanet]

I am totally agree with difficulty bomb! But only with the proportional price increase  400 usd/Eth is good enough for current difficulty.

Am I right? 

yes i agree at $300 it's not very worth it

[dagarair]

I pay .07 Cents for electric so still good nuff for me.  I just mine and hold anyway until it goes up then I'll take a little off the table. Today's rate is still a 389% profit.

[sexycoin69]

mine most profitable, sell for eth, dont be lazy!

[EMWEE]

I guess it depends if u just sell your mining ETH instantly or HODL it.

[dagarair]

mine most profitable, sell for eth, dont be lazy!

When you have 180 rigs running chasing an extra 3% makes no sense.  Plus holding eth is what I am doing anyway.  I take some off the table when it's is high but mostly hold.

[BitTeo]

I have read ethereum pass to pos in future , anyone know when ? .

[EMWEE]

I have read ethereum pass to pos in future , anyone know when ? .

They expect Q4 2018

[rodyw]

In about ten days the Byzantium Hard Fork will take place, let's hope that it will have a positive effect on the difficulty

[slovakia]

i love this bombs
i hope that all naive miners will be jumping from ETH to VTC .. im waiting with my 10400 VTC mined 4years before, VTC to the moon  

Whattomine shows me a negative result for mining VTC  . So I don't think people will switch to mining VTC

by me= zcash+vtc=but vtc will be next giant after dead eth-bombs...lyre is very profitable for any gpus=and price is very low=roi is 1year,but future is in these coins 

[davemanet]

In about ten days the Byzantium Hard Fork will take place, let's hope that it will have a positive effect on the difficulty

Why do you say it would have positive effect on difficulty?

[Mattthev]

In about ten days the Byzantium Hard Fork will take place, let's hope that it will have a positive effect on the difficulty

Why do you say it would have positive effect on difficulty?

You should read this thread or Google it. I've already posted it here.

[dave4925]

Byzantium would remove the ICE AGE effect, which is exponential instead of direct proportion of difficulty to network hashrate.  Time is no longer a part of the equation that increases difficulty.

https://www.reddit.com/r/ethereum/comments/4vn3i2/what_is_the_ethereum_ice_age/d5zwcga/

[Metroid]

hahahahahaha, trolls waiting for a miracle to happen cause if not then the rope will be put on their necks hehe

[winiets]

I'm already here with the rope on my neck.
I bought a mining rig 1 month ago with 18 Nvidia GTX 1060 6GB Modded cards.
They have no display ports whatsoever they connected with risers to the Motherboard.
I get about 410-440 Mh/s at Ethash
5000 H/s at equihash.
I've started with mining ethere but it takes a long time to mine 1 full coin.
I recently switched over with 12 cards at zclassic and 6 cards at musicoin.
IMO its better to mine a cheap coin wich you get a few full coins a day.
What are your opinions on mining?
I dont see ether going up with more then 100% in the next weeks/months.
What coins are you mining with nvidia cards?
I am also thinking to mine a new coin but i dont know wich one.

[Metroid]

I'm already here with the rope on my neck.
I bought a mining rig 1 month ago with 18 Nvidia GTX 1060 6GB Modded cards.

Concerning the rope you are not alone hehe, how did you mod the gtx 1060? you can't mod the bios.

Also, look at this https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=420&p=2000&fee=2&cost=0.22&hcost=6000&commit=Calculate

for you to get your money back, it will take 804 days if no problems happen at all, which means put 10% more, so meaning to get your money back, it will take 900 days minimum which is almost 3 years.

[winiets]

With modded i mean there are no display ports whatsoever.
At least the company i bought the miner said modded cards.
The cards are connected to the motherboard with risers

[Metroid]

Well they must be mining cards however they are not better than the normal 6gb ones with display output. It's pretty much the same.

[davemanet]

With modded i mean there are no display ports whatsoever.
At least the company i bought the miner said modded cards.
The cards are connected to the motherboard with risers

What company?  Have a link?

That is weird that Nvidia made mining cards without display adapters.

You don't need to make all of your money back.  You just need to make enough for depreciation, then sell off the system and get your money back.

[winiets]

arcticsecrets
They sell gaming computers and recently gpu miners.
They have AMD
Nvidia 1070 and 1060