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

[sundownz]

I am swapping my "big boy" CPUs and AMD GPUs over to Monero as of now... huge profit boost.

You already missed the profit boost.

LOL seriously. ETH is back to being more profitable. Monero was good yesterday, but that was short lived.

If you have Vegas, then XMR is probably still best.

Still seems pretty competitive -- very much so on my CPUs (I've got more power in CPUs than AMD GPUs).

Gonna give it a shot for a bit... I noticed today the diff has actually decreased so maybe the initial flood of AMD GPUs has run it's course for the time being.

[1714126911]

1714126911

[1714126911]

1714126911

[Ossidalm]

I am swapping my "big boy" CPUs and AMD GPUs over to Monero as of now... huge profit boost.

You already missed the profit boost.

LOL seriously. ETH is back to being more profitable. Monero was good yesterday, but that was short lived.

If you have Vegas, then XMR is probably still best.

Still seems pretty competitive -- very much so on my CPUs (I've got more power in CPUs than AMD GPUs).

Gonna give it a shot for a bit... I noticed today the diff has actually decreased so maybe the initial flood of AMD GPUs has run it's course for the time being.

The decrease of the hash rate is due to the difficulty calculation window. It always oscilates.

[Iamtutut]

After kick the ASIC out, at least the profit per AMD GPU increase as ETH.

I think the hast rate will stable to a level let the profit per AMD GPU keep th same as ETH, even a bit higher.
(Because there are some Ethash ASIC.)

https://www.difficultychart.com/monero

still going up. ETH>XMR for profit now.

Other cryptonight (lite / V7 / Heavy) tokens can be much more profitable than ETH depending when you sell / exchange the tokens. As I am writing right now, turtlecoin is 50% more profitable than ETH (5,6$/day with 2500H/s).

[RaidoP2]

After kick the ASIC out, at least the profit per AMD GPU increase as ETH.

I think the hast rate will stable to a level let the profit per AMD GPU keep th same as ETH, even a bit higher.
(Because there are some Ethash ASIC.)

https://www.difficultychart.com/monero

still going up. ETH>XMR for profit now.

Other cryptonight (lite / V7 / Heavy) tokens can be much more profitable than ETH depending when you sell / exchange the tokens. As I am writing right now, turtlecoin is 50% more profitable than ETH (5,6$/day with 2500H/s).

TRTL global hashrate is quite small and it can fluctuate quite a bit. So probably your real life daily earnings will be much less that 5.6$. But it could make sense in the longer run.

[vlad230]

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

I didn't post my prediction in time but would have probably guessed a drop around 20-30%.
It seems the network hash rate right now is about 472.71 MH/sec. So, that's almost a 50% decrease in hash rate!

I assume by now everyone with a GPU mining rig has updated to a v7 monero miner and only the ASICs were excluded from the network hash rate.

That would mean there were either:

• 2,148 Bitmain Antminer X3 (220 kh/s) units online
• 23,635 Baikal Giant N (20 kh/s) units online

or a mix of the two (and maybe others developed in secret)

That's plain stupid... I pity the dumb fools that preordered these ASICs and they can use them as door stoppers from now on.

[Iamtutut]

After kick the ASIC out, at least the profit per AMD GPU increase as ETH.

I think the hast rate will stable to a level let the profit per AMD GPU keep th same as ETH, even a bit higher.
(Because there are some Ethash ASIC.)

https://www.difficultychart.com/monero

still going up. ETH>XMR for profit now.

Other cryptonight (lite / V7 / Heavy) tokens can be much more profitable than ETH depending when you sell / exchange the tokens. As I am writing right now, turtlecoin is 50% more profitable than ETH (5,6$/day with 2500H/s).

TRTL global hashrate is quite small and it can fluctuate quite a bit. So probably your real life daily earnings will be much less that 5.6$. But it could make sense in the longer run.

It's indeed a bet, that can be quite profitable but much less stable than ETH mining.

[MinedTangerine]

Last time I checked Tutrle had 0 buyers, so good luck selling it. Always check markets and daily volume before mining a small coin.

[Marvell2]

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

I didn't post my prediction in time but would have probably guessed a drop around 20-30%.
It seems the network hash rate right now is about 472.71 MH/sec. So, that's almost a 50% decrease in hash rate!

I assume by now everyone with a GPU mining rig has updated to a v7 monero miner and only the ASICs were excluded from the network hash rate.

That would mean there were either:

• 2,148 Bitmain Antminer X3 (220 kh/s) units online
• 23,635 Baikal Giant N (20 kh/s) units online

or a mix of the two (and maybe others developed in secret)

That's plain stupid... I pity the dumb fools that preordered these ASICs and they can use them as door stoppers from now on.

yeah the asics on monero were even more than we imagined fuck bitmain main thats
just desrepectful to flood the hashrate so fast and hard smh

[Metroid]

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

I didn't post my prediction in time but would have probably guessed a drop around 20-30%.
It seems the network hash rate right now is about 472.71 MH/sec. So, that's almost a 50% decrease in hash rate!

I assume by now everyone with a GPU mining rig has updated to a v7 monero miner and only the ASICs were excluded from the network hash rate.

That would mean there were either:

• 2,148 Bitmain Antminer X3 (220 kh/s) units online
• 23,635 Baikal Giant N (20 kh/s) units online

or a mix of the two (and maybe others developed in secret)

That's plain stupid... I pity the dumb fools that preordered these ASICs and they can use them as door stoppers from now on.

Bitmain could have done a 51% attack with their asics, by the way your calculations are wrong, before when asics were in play, no gpus were mining monero because profitability was very very low, only botnets and cpus were mining monero because that is the only thing they had/have to mine, so those users had no choice. GPU's moved to monero after profitability increased. So the correct calculations might have been around 90% were asics and 10% botnets and cpu users.

[Iamtutut]

Hundreds of thousands if not millions of botnets and several millions of CPU miners. That's were most of the hasrate was IMO.

[Metroid]

Hundreds of thousands if not millions of botnets and several millions of CPU miners. That's were most of the hasrate was IMO.

botnets are cpu users, even if there were millions of them, few hundreds bitmain asics cover that. I still think 10% is still a lot.

[murgorx]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

[MinedTangerine]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

Em, you can check yourself from thousand calculators out there. Lazy are we? But to support you, yes its still profitable. Or lets say its profitable again.
And yes its on Cryptonight v7.

[murgorx]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

Em, you can check yourself from thousand calculators out there. Lazy are we? But to support you, yes its still profitable. Or lets say its profitable again.
And yes its on Cryptonight v7.

Well, most of the calculators are giving unreal expectations, that's why I asked you guys, so that I would get something out of experience as a result Not lazy at all mate Just I do not trust those calcs.

[Lunga Chung]

I use this one for XMR and ETH

It has a live update of diff and block size every 60 sec.

http://www.mycryptobuddy.com

just add 5% as a pool fee to get more realistic estimate

[MinedTangerine]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

Em, you can check yourself from thousand calculators out there. Lazy are we? But to support you, yes its still profitable. Or lets say its profitable again.
And yes its on Cryptonight v7.

Well, most of the calculators are giving unreal expectations, that's why I asked you guys, so that I would get something out of experience as a result Not lazy at all mate Just I do not trust those calcs.

Depends. Some are quite accurate. One is posted just above me. But anyway if you wan't to be 100% sure just mine it for a day and see how much you get
Btw you just asked if its profitable and not how much you get per 1KH for instance. Yes its profitable

[dumada]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

XMR is on Cryptonight v7 algorithm

[Dzeronimo]

Guys is XMR still profitable to mine? Is it on Cryptonight v7 algorithm?

Profitability depends on when and for how much you sell XMR. For example, at this moment it is profitable, but I'm a small player and it will took me several weeks to mine enough just to move XMR from mining pool to some exchange. Who knows what will be the price than. Current profitability is important only if you can mine a lot of coins in one or two days.

[anton207]

What is XMO price prediction? Why is it mooning?