Monero Fork in one day.. hash rate drop predictions ?

[Riptide_NVN]

Switching my two Ryzen off ETN in the morning and on to XMR7

Just need to get the wallet tomorrow morning first thing.

[Etherion]

So anyone want to predict what the Monero diffulty goes to on the 6th ?

current diff is  - 116,825,734,095
total hashrate  -957.59 Mh/s give or take?

Personally I predict at 30% inital drop , before GPU miners switch back over from other coins

so difficult goes to 81,778,013,866.5
hash rate to 600  mh/s

mmm Difficulty : 136721049036 before the fork now Current Difficulty 134494350633

april 06 The scheduled MONERO network upgrade went successfully! (at block 1546000). Network rate take 12-24 hours to adjust but it seems to be going up?

[MinedTangerine]

So anyone want to predict what the Monero diffulty goes to on the 6th ?

current diff is  - 116,825,734,095
total hashrate  -957.59 Mh/s give or take?

Personally I predict at 30% inital drop , before GPU miners switch back over from other coins

so difficult goes to 81,778,013,866.5
hash rate to 600  mh/s

mmm Difficulty : 136721049036 before the fork now Current Difficulty 1.19550334853e+11

april 06 The scheduled MONERO network upgrade went successfully! (at block 1546000). Network rate take 12-24 hours to adjust but it seems to be going up?

Hm why is there still a coutdown on the monero page: https://monero.org/

EDIT: Lol the moved the fork again: 1546500 block. https://monero.org/forks/

[MagicSmoker]

Yeah, so far looks like hashrate has gone up!?! I like this site for following XMR network stats: https://chainradar.com/xmr/chart

[alani123]

Yeah, so far looks like hashrate has gone up!?! I like this site for following XMR network stats: https://chainradar.com/xmr/chart

Might be due to the fact that miners are more efficient on that algo. I'd like to see hashrate sources and if that 70% elephant has gone down at all. It'll be interesting to see if any botnets jump on the coin again in the long term.

[Metroid]

still on the 6th of april, so nothing to complain about.

[MagicSmoker]

Might be due to the fact that miners are more efficient on that algo. I'd like to see hashrate sources and if that 70% elephant has gone down at all. It'll be interesting to see if any botnets jump on the coin again in the long term.

Yes - I am actually more curious about the effect the fork will have on botnets rather than ASICs. I would think that the botnet worms could be remote updated but perhaps the need to do so either wasn't anticipated or not incorporated because it would point to the perpetrators.

still on the 6th of april, so nothing to complain about.

Ah, yes, it appears there's still 8 hours or so to go until the fork because it was moved again. I saw the earlier comment that the fork went through successfully but didn't actually verify that was the case. Alright, carry on! Nothing to see here!

[MinedTangerine]

Might be due to the fact that miners are more efficient on that algo. I'd like to see hashrate sources and if that 70% elephant has gone down at all. It'll be interesting to see if any botnets jump on the coin again in the long term.

Yes - I am actually more curious about the effect the fork will have on botnets rather than ASICs. I would think that the botnet worms could be remote updated but perhaps the need to do so either wasn't anticipated or not incorporated because it would point to the perpetrators.

still on the 6th of april, so nothing to complain about.

Ah, yes, it appears there's still 8 hours or so to go until the fork because it was moved again. I saw the earlier comment that the fork went through successfully but didn't actually verify that was the case. Alright, carry on! Nothing to see here!

I think they are having some issues with the fork. Will see.

[percy_tc]

well deserved. They fork their coin when Bitmain releases ASIC for the public, but let them mine in private. clap clap

[Metroid]

well deserved. They fork their coin when Bitmain releases ASIC for the public, but let them mine in private. clap clap

So true and that is my point, they should block bitmain, before bitmain sell anything to the public and always.

[dumada]

well deserved. They fork their coin when Bitmain releases ASIC for the public, but let them mine in private. clap clap

So true and that is my point, they should block bitmain, before bitmain sell anything to the public.

2 hours after the fork and there is only 8 new blocks. It is supposed to be 60 blocks. So the hash rate is just 13% of the original hash rate. It means 87% of the old hash could be ASIC or botnet or the  GPU have not changed to V7.

[FgTeamBR]

Top 2 miners of dwarfpool with bittrex address leave the pool. 908 workers now. 3Mhs
Minergate hashrate drop from 38Mhs to 4Mhs.
Nanopool drops 50%.
Suportxrm 60%
Miningpoolhub 19M to 4.


hashrate drops 50% without fork in pools.

[MagicSmoker]

well deserved. They fork their coin when Bitmain releases ASIC for the public, but let them mine in private. clap clap

So true and that is my point, they should block bitmain, before bitmain sell anything to the public and always.

I suspect what happened here - and which is currently happening with Ethereum, IMO - is that the Monero devs just couldn't believe an ASIC miner was practical - it is always possible, yes, but not necessarily worth doing. So when network hashrate started going up dramatically a few months ago they likely attributed it to their burgeoning success rather than an ASIC. It was only when Baikal, etc., showed videos of their ASIC CN miners that the threat even registered, but by then they were months behind the curve.

Same thing with Ethereum - the devs claim to hate ASICs six ways to Sunday and that the heavy use of memory by the Ethash algo makes an ASIC miner impractical, yet the Bitmain E3 just went on pre-sale for July delivery and promptly sold out. Seems that Bitmain found out that paralleling a few channels of cheap DDR3 was just as good as a single channel of DDR5 and the rest is about to become history.

These two examples should serve as a prominent warning to all other coin devs: if you want to resist ASICs taking over your network then you need to preemptively fork every 6 months, at least; if you merely want to prevent decentralization of your network because of a single ASIC manufacturer, then figure out the HDL implementation of your algo and release it as public domain so many new FPGA and ASIC miners can be developed rapidly.

[Marvell2]

I have 20 rigs , I put half on nicehash crypto v7 and the rest on nanopool

unfortunately the stats on both pools are are still messed up, it seems there are two forks now

the old fork with asic still on it has pretty much thw same diff which is strange

the new for has like only 20 percent of the old hash rate , there is no way that asics and bots were 80
percent of the global hash.

either way things should be interesting next 8 hrs

[Ossidalm]

I have 20 rigs , I put half on nicehash crypto v7 and the rest on nanopool

unfortunately the stats on both pools are are still messed up, it seems there are two forks now

the old fork with asic still on it has pretty much thw same diff which is strange

the new for has like only 20 percent of the old hash rate , there is no way that asics and bots were 80
percent of the global hash.

either way things should be interesting next 8 hrs

It is possible that the ASIC and Bot has 80% of the old global hash. The speed now is about 10-20% of the old speed.

[Mattthev]

Crypto-pool.fr only 1MH/s 2MH/s only
The net hashrate is still huge... Might it be that ASICs still mine even all the shares are rejected?

[huntingthesnark]

Nanopool took a massive hit, but that's recovering now. I wonder how long the botnets will take to update...

[yrk1957]

Crypto-pool.fr only 1MH/s 2MH/s only
The net hashrate is still huge... Might it be that ASICs still mine even all the shares are rejected?

From what I understood the net hash rate is in-directly calculated and will take day or two to adjust to real value.

[B1tUnl0ck3r]

While -50% hash rate on XMR would be nice because bitmain can go f itself up in the ass, it wouldn't do anything amazing for us small time miners. Sure, -50% means we would probably get double mining profits for a few days. But double of its current profitability at $1 is not so spectacular. Other coins are still more profitable to mine. Interesting but meh. Close but no cigar.

fuck bitmain and all those others slave that accepted to be censored in china and that right now try to make europe in their own image... and who support iran... will see... those little bastards... they want war. they will have it...

[Etherion]

The XMR fork took place at 07.24 am (UTC). The first XMO blocks were successfully found right after the fork as expected. Due to some technical issues, XMR blocks started to appear only an hour later. The network was divided between the two coins as follows: 30% of hash power went to XMR, 70% to XMO. The data was received at 9:30 am (UTC).

An update on XMO fork coming soon.

https://monero.org/forks/monerov-xmo-hard-fork/

what a joke "monero.original@gmail.com"