blokHed (OP)
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October 10, 2017, 05:10:56 PM |
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BTGold uses the Equihash Algo, same as Ethereum for miners. MH/s will be comparable for both.
With Ethereum coming close to PoS, could this have been timed for rigs to be pointed here for 'next big coin'?
They have the miner app out on GitHub. Be interesting to see what this provides for GPU miners.
Any thoughts?
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blokHed (OP)
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October 10, 2017, 05:21:44 PM |
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You are correct, mis-informed by news article that stated Equihash, but went on as if EthHash, saying it had Ethereum MH/s.
Any thoughts to how this might play out in long run?
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Za1n
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October 10, 2017, 05:50:55 PM |
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The last thing I read on the subject was Ethereum was delaying the switch to PoS for at least another year. They gave no exact time table but said generally it would probably be at least a year out. So this fact contradicts your "convenient" timing theory as the events will be at least one year apart.
As far as mining, it will depend on the price and profitability ratios, as it does for any coin. If BTG is profitable to mine it will pull some hashrate away from other coins, but that hashrate will snap right back to whatever coin is the most profitable at any given moment. You can see the same thing now with Bitcoin and BCash, all the diehard BCash supporters who claimed they would mine BCash even at a loss switch back and forth all the time and are even abusing the rapid block adjustment mechanism in BCash just so they can make more profit.
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Sev18
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October 11, 2017, 10:54:52 AM |
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I really hope btcgold to be the 'next big thing'. After the PoS of ethrereum there must be a major coin to get hashes from ethereum.
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■■■■■■■ Multi-Algo Switching Manager - MULTIPOOL MULTIALGO Profit Switch Launcher ■■■■■■■ |
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ripcurrent
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October 11, 2017, 07:54:14 PM |
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I dont think it will be...what is the value of BTG, what will it be used for, I don't see the need or the use for it....but in crypto land anything is possible.
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grchina
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October 11, 2017, 09:43:49 PM |
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Only good thing about this fork is that will it will move some cards from other algos to btc gold and lower the diff for rest
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Za1n
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October 11, 2017, 09:52:22 PM |
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Only good thing about this fork is that will it will move some cards from other algos to btc gold and lower the diff for rest
Depends on how successful it is and the what the coins price ends up being. When Zcash first launched late last October it stole away some hashrate from Ethereum for about a month, but most of that went right back when it started to lose profitability. Expect the same thing to happen here, but again it needs to be profitable to mine in the first place for that to happen. |
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grchina
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October 12, 2017, 12:47:43 AM |
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Only good thing about this fork is that will it will move some cards from other algos to btc gold and lower the diff for rest
Depends on how successful it is and the what the coins price ends up being. When Zcash first launched late last October it stole away some hashrate from Ethereum for about a month, but most of that went right back when it started to lose profitability. Expect the same thing to happen here, but again it needs to be profitable to mine in the first place for that to happen. Yeah i guess we will have to wait and see... |
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