ETH GPUs miners beware!

[treanski]

any source for eth pos or just speculations?

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[Piskeante]

any source for eth pos or just speculations?

The source is Vitalik.

He has repetedly said he would like 100 million coins. no more than that.

If you enter here : https://etherscan.io/stat/supply

you watch coins generated in 1 day, and you make maths, you´ll see it.

what we don't know is whether Vitalik will allow to have more coins. That's pure especulation. What IT IS NOT, is that in 3 months , according to Vitalik expectations, PoS should be applied to ETH.

[percy_tc]

Bitmain is already mining with Asics ETH. That's a fact.

Why??? Because it's impossible to move 8.000gh/s within 2 hours.

if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours.  That's impossible. Unless you are using ASICS.

Do you want another argument???

ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.

Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.

Fuck those motherfuckers to hell!!!!!

Where do you see that hash increase?

[Piskeante]

Bitmain is already mining with Asics ETH. That's a fact.

Why??? Because it's impossible to move 8.000gh/s within 2 hours.

if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours.  That's impossible. Unless you are using ASICS.

Do you want another argument???

ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.

Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.

Fuck those motherfuckers to hell!!!!!

Where do you see that hash increase?

you can watch it here.

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=&HashingUnit=MH%2Fs&PowerConsumption=&CostPerkWh=&MiningPoolFee=

i look this page like 100 times a day. That's why i see those changes.

[MagicSmoker]

Just to add to the rumor mill, I caught the tail end of a segment on CNBC yesterday where it was mentioned that Bitmain "is about to release" a miner for ETH based on Samsung ASICs (at least I think I heard Samsung - I was driving and just switched over to CNBC on my satellite radio). For those not aware, CNBC is a financial news channel in the US which occasionally covers crypto. I wouldn't call them an authoritative source in these matters, but I also wouldn't think they'd bother just reporting a rumor on something so obscure as the vast majority of their audience is only interested in stocks, bonds and options.

UPDATE - here is the link to the online article: https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html

[QuintLeo]

Bitmain is already mining with Asics ETH. That's a fact.

Why??? Because it's impossible to move 8.000gh/s within 2 hours.

if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours.  That's impossible. Unless you are using ASICS.

Do you want another argument???

8 GHash for Ethereum is well within the range of NORMAL LUCK shifts, there is no need for "44 6-card GPU rigs" to have been brought online in 2 hours to account for it.
It's only about 3% of the current total network hashrate after all.
AUTOMATIC PROFIT SWITCHING mining rigs could account for a lot more than THAT in less than 5 MINUTES - or a single medium-sized Nicehash order starting up could account for it in less than *1* minute.
Watching short-term variations and trying to make something monumental out of them is a fools game.

Casper won't kill ETH mining immediately - that's the "1%/99% first step for TESTING PoS" that *MIGHT* finally go live in a few months if they don't have any MORE delays, making it very unlikely ETH will move to full POS before the end of the year even IF there are no more delays.

[Branko]

....aaaand, after all this time, despite ASIC manufacturers efforts, ETH GPU mining is still not dead
(although not nearly as good as when thread started)

[dagarair]

Bitmain is already mining with Asics ETH. That's a fact.

Why??? Because it's impossible to move 8.000gh/s within 2 hours.

if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours.  That's impossible. Unless you are using ASICS.

Do you want another argument???

ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.

Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.

Fuck those motherfuckers to hell!!!!!

ROFL I have 105GH of GPUs on ETH I can switch anywhere I want in less than 10 Min.  Yes I move them to GRIN, Raven etc from time to time.

[John46285]

so it means that it's not worth to start buying gpus and building rigs?

I also thinking about this that it’s not much worth to start purchasing gpus and building rigs. But somebody said its still good.