[ANN] Ethereum: Welcome to the Beginning

[thevictimofuktyranny]

Turning to the Antminer E3 -

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts
RX Vega 64 43mhs for 134watts = 1mhs per 3.11watts.
RX 580 29.5mhs for 98watts = 1mhs per 3.33watts
RX 1060 24mhs for 90watts = 1mhs per 3.75watts

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts - price 800$
6GPU RX 580 191MHs for 950W = 1 mhs per 5 W - price 3500$


those calculations are not correct. First you calculate hashrate per GPU W  per GPU cards... its like comparing oranges and tomatoes no ?
you must calculate and compare the whole 12 card or 6 card rig to the beta Antminer E3.
where is F3 comparison ?

and my 2cents... If ethereum devs don't care for their miners, Miners should care for ethereum no more...

Seriously, a lot of miners bought their RX480 4GB to RX 580 4GB versions for around $200-$210 over the last 1-2 years.

$1200-$1260 total. I can see those prices returning now, but it looks like Polaris is on its way out!

Linux listing shows RX Vega 20 replacing the RX 560's. RX Vega 25s GPU cores are all going to Intel for their laptop division.

But, no leaks on what is happening to all the RX Vega 30-50 GPU cores yet!

If, you listen to the Ethereum Core Devs Meeting #36 - then you will hear that 90% of the core developers were interested in measures to remove ASICs from the network. The Ethereum Foundation is famous for doing lots of forks - it not a big deal to any of these developers to do minor forks for GPU miners. Therefore, the majority of the core developers would do a fork and introduce more ASIC resistant aspects to the algorithm.

This is the Youtube Livestream upload:
https://www.youtube.com/watch?v=SoPfoNpqG0k

[SimpleMan]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

Good question and if someone knows the correct answer please let me know Nobody knows what is waiting for us around the corner. I believe in Ethereum but maybe I am wrong that it is going to be the future.

[thevictimofuktyranny]

Turning to the Antminer E3 -

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts
RX Vega 64 43mhs for 134watts = 1mhs per 3.11watts.
RX 580 29.5mhs for 98watts = 1mhs per 3.33watts
RX 1060 24mhs for 90watts = 1mhs per 3.75watts

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts - price 800$
6GPU RX 580 191MHs for 950W = 1 mhs per 5 W - price 3500$


those calculations are not correct. First you calculate hashrate per GPU W  per GPU cards... its like comparing oranges and tomatoes no ?
you must calculate and compare the whole 12 card or 6 card rig to the beta Antminer E3.
where is F3 comparison ?

and my 2cents... If ethereum devs dont care for their miners, Miners should care for ethereum no more...

In answer to your wattage usage for the RX 580s - after doing the memory mod, memory OC and if the necessary pixel patch.

setting 950mv - gets you to 122watts for around 30.05mhs
setting 895mv - gets you to 98watts for around 29.5mhs

Varies from model to model.

Here is a basic guide for memory mod, memory OC, and mv950 30.06mhs on one model of the RX 580 8GB:

https://cryptoyeti.com/msi-rx580-armor-8g-review-and-bios-mod-guide/3/

And, as the reviewer does note - the RX 480 versions have even lower power consumption than the RX 580s for similar mhs.

[mehar_gee]

Turning to the Antminer E3 -

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts
RX Vega 64 43mhs for 134watts = 1mhs per 3.11watts.
RX 580 29.5mhs for 98watts = 1mhs per 3.33watts
RX 1060 24mhs for 90watts = 1mhs per 3.75watts

Antminer E3 180mhs for 800watts = 1mhs per 4.44watts - price 800$
6GPU RX 580 191MHs for 950W = 1 mhs per 5 W - price 3500$


those calculations are not correct. First you calculate hashrate per GPU W  per GPU cards... its like comparing oranges and tomatoes no ?
you must calculate and compare the whole 12 card or 6 card rig to the beta Antminer E3.
where is F3 comparison ?

and my 2cents... If ethereum devs dont care for their miners, Miners should care for ethereum no more...

In answer to your wattage usage for the RX 580s - after doing the memory mod, memory OC and if the necessary pixel patch.

setting 950mv - gets you to 122watts for around 30.05mhs
setting 895mv - gets you to 98watts for around 29.5mhs

Varies from model to model.

Here is a basic guide for memory mod, memory OC, and mv950 30.06mhs on one model of the RX 580 8GB:

https://cryptoyeti.com/msi-rx580-armor-8g-review-and-bios-mod-guide/3/

And, as the reviewer does note - the RX 480 versions have even lower power consumption than the RX 580s for similar mhs.

Antminer E3 is the first miner for eth coin in next version speed will be more i hope
and you are right Antminer E3 gives less speed  the GPUs but Antminer E3 is cheap where gpu card are so expensive now adays
i think gpu miner is still good then Antminer E3 meybe in the next release of Antminer it will give more profit then GPUs

[johndenveriam]

I have invested in this Project, and only wish the best for it.
Cheers and congratulations to the ones deciding to be part of the project.

[Everglow]

I like that the ethereum not so much in percentage as other coins and the fact that the team is constantly working on a project

If they change PoW algorithm to be more ASIC avert, then the price of ETH could rise again.

Bitmain will delivery their miner product on July, and if Ethereum change algorithm to be more ASIC avert, so what problem will happen with buyer and Bitmain 

[boopy265420]

This extended bearish trend was so strong that nothing stayed in front of it to face it. We should expect good times ahead but for the moment Ethereum is sitting on more stable floor and this is important. We shouldn't expect anything better until market shows good uptrend for few days continuously. Ethereum is holding almost bottom and this is enough to be happy now.

[Melody Jelly]

I like that the ethereum not so much in percentage as other coins and the fact that the team is constantly working on a project

If they change PoW algorithm to be more ASIC avert, then the price of ETH could rise again.

Bitmain will delivery their miner product on July, and if Ethereum change algorithm to be more ASIC avert, so what problem will happen with buyer and Bitmain 

I am more about long term investing than jumping on the next hype train. i have a strong position in ethereum right now. I wonder if this year ETH could reach $ 1500?

[jackmuu]

What will happen to Ethereum price after the death cross?

Check out this video by SkrillKing! https://bestcrypto.tv/499/ethereum-death-cross-the-eth-price-prediction-2018/

[thevictimofuktyranny]

I like that the ethereum not so much in percentage as other coins and the fact that the team is constantly working on a project

If they change PoW algorithm to be more ASIC avert, then the price of ETH could rise again.

Bitmain will delivery their miner product on July, and if Ethereum change algorithm to be more ASIC avert, so what problem will happen with buyer and Bitmain  

Well,

There is a huge amount of fresh data from Monero and Crypotnight7 coming in every day - who introduced a fork to introduce new anti-ASIC measures on April 6th.

From the numbers being seen: it appears the people who bought ASICs for the cryptonight algorithm appear to own little or no Monero coins.

Yes, those people who bought those ASICs miners were simply looking to convert out into dollars, pounds, yuans, euros, etc.

It looks like, this will be true for Ethereum as well - the people who bought Antminer E3 don't own any Ethereum and are looking to convert out into dollars, pounds, yuans, euros, etc.

Buying ASICs on any network without developer approval is at the buyer's own risk!

[yurimir]

Another good news 

3 Billion Dollar Rockefeller Family Firm to Start Investing in Cryptocurrencies

https://icowatchlist.com/blog/3-billion-dollar-rockefeller-family-firm-start-investing-cryptocurrencies/

[genitbd13]

The bulls attempted to break out of the tight range but prices could not sustain the higher levels. As a result, Ethereum has again fallen into the    range market value.  Considering the strong downtrend, we shall wait for the cryptocurrency  center left pre center center pre left center to break out of the descending channel before proposing any trades.

[Valareos]

In my opinion, the idea of giving most coins to the investors, instead of miners, is just plain stupid. This is not the proper way to distribute a currency. It is not fair.

I wonder what are you thinking about this now?
Vitalik Buterin outstripped his time and changed the world of crypto currency.
It's very funny that some 4 years ago, everything was completely different.
Soon the era of mining will end.

[greatteager]

Another good news 

3 Billion Dollar Rockefeller Family Firm to Start Investing in Cryptocurrencies

https://icowatchlist.com/blog/3-billion-dollar-rockefeller-family-firm-start-investing-cryptocurrencies/

Rockefeller is still the manipulator, with this news one needs to be attentive and check the information. Also Soros came to the crypto.

[wgq1981]

V is more like a young Bm, although their age is similar, but looking at the recent spiritual leader of BCH, Crag, in the Twitter, V, I see the way Bm looks like Bitshares in 2013.

[Mrpumperitis]

Being a long term hodler of ETH, i think the recent asic debate should be ignored.
We always knew from day one, that ETH was going to pos.
My first posts here over 2year ago, was because i wanted into the ETH pos system.
Hopefully sometime this year the transition may start.
There is no point writing new code and HF to prevent new asics that wont last more than 12months.

If for any reason, pos/hybrid pos is a long way off and asics do become an issue, then the new code could be put into the next planned update on the roadmap.
Not a HF specifically for removing asics today.

Also check out whats happening to xmr now...
On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.”
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

After reading this and observing from the sidelines,
 i feel there should should be no fork for asics.

Keep up the excellent work team ETH  

[yeyicheng888]

ETH's reform is very difficult. V God said the total ETH to be capped, later said in jest. ETH is still a community.

[thevictimofuktyranny]

Being a long term hodler of ETH, i think the recent asic debate should be ignored.
We always knew from day one, that ETH was going to pos.
My first posts here over 2year ago, was because i wanted into the ETH pos system.
Hopefully sometime this year the transition may start.
There is no point writing new code and HF to prevent new asics that wont last more than 12months.

If for any reason, pos/hybrid pos is a long way off and asics do become an issue, then the new code could be put into the next planned update on the roadmap.
Not a HF specifically for removing asics today.

Also check out whats happening to xmr now...
On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.”
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

After reading this and observing from the sidelines,
 i feel there should should be no fork for asics.

Keep up the excellent work team ETH  

You can't set up a fork unless you have a large amount of Monero coins already - it is just FUD!

Basic crypto-economics - you cannot finance the abandoned blockchain via selling off the bigger entity to buy dumped coins in the smaller entity.

[thevictimofuktyranny]

Being a long term hodler of ETH, i think the recent asic debate should be ignored.
We always knew from day one, that ETH was going to pos.
My first posts here over 2year ago, was because i wanted into the ETH pos system.
Hopefully sometime this year the transition may start.
There is no point writing new code and HF to prevent new asics that wont last more than 12months.

If for any reason, pos/hybrid pos is a long way off and asics do become an issue, then the new code could be put into the next planned update on the roadmap.
Not a HF specifically for removing asics today.

Also check out whats happening to xmr now...
On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.”
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

After reading this and observing from the sidelines,
 i feel there should should be no fork for asics.

Keep up the excellent work team ETH  

Also, Mrpumperitis you accidentally included a proof, which justifies an immediate fork to introduce anti-ASIC measures onto the Ethereum Network's algorithm.

ASICs arrive in July 2018, an early fork in April or May 2018 eliminates the possibility of people using the abandoned blockchain to make a new coin, because waiting for 2/3 months for your ASICs to arrive would be an extremely expensive way to salvage a speculative ASIC equipment purchase.

And, you need to listen to one of the Core Developers meetings, Ethereum Network is doing soft forks and hard forks on a regular basis.

[Maicol792]

Being a long term hodler of ETH, i think the recent asic debate should be ignored.
We always knew from day one, that ETH was going to pos.
My first posts here over 2year ago, was because i wanted into the ETH pos system.
Hopefully sometime this year the transition may start.
There is no point writing new code and HF to prevent new asics that wont last more than 12months.

If for any reason, pos/hybrid pos is a long way off and asics do become an issue, then the new code could be put into the next planned update on the roadmap.
Not a HF specifically for removing asics today.

Also check out whats happening to xmr now...
On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.”
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

After reading this and observing from the sidelines,
 i feel there should should be no fork for asics.

Keep up the excellent work team ETH  

Also, Mrpumperitis you accidentally included a proof, which justifies an immediate fork to introduce anti-ASIC measures onto the Ethereum Network's algorithm.

ASICs arrive in July 2018, an early fork in April or May 2018 eliminates the possibility of people using the abandoned blockchain to make a new coin, because waiting for 2/3 months for your ASICs to arrive would be an extremely expensive way to salvage a speculative ASIC equipment purchase.

And, you need to listen to one of the Core Developers meetings, Ethereum Network is doing soft forks and hard forks on a regular basis.

Yeah i think eth need a fork similar xmr... But bitmain increase e3 price from 800 to 1800 dollar ... why? .. another way for eth is accelerate swicth to casper POS