[ANN] Ethereum: Welcome to the Beginning

[IncludeBeer]

lol you guys see this?

https://docs.google.com/presentation/d/13FoNfeBG-ppW3Tkpm2znBdno91_JCpy2qz9coaR-684/edit#slide=id.g1e48b299c1_0_0

"Spankchain". Honestly, it looks to be a solid business case.

[1715202339]

1715202339

[1715202339]

1715202339

[ethnoob]

Hi All

Worry about the recent volatility

Basically I bought my first rig with 6x gtx1060 3gb mining a week ago,  cant find any ati cards (man took me few days with setting up Win10, latest nvidia drivers caused my issues)
getting about 113mhs stock, 138mhs when oc.
running stock about speed for few days already stable

was mining for about for about a week now, at the beginning it was great eth price keeps going up, things looks promising so i went and just bought 3-4 more rigs, all parts still in box, not install yet, panicking now, not sure if i should dump the hardware, or keep mining.

things i realized in the pass 2 days
1) now im worry coz of recent volatility of bitcoin and eth
2) actual hashrate is always lower then reported hashrate, need to take away another 10% or so. Use average effective hashrate to do your projections
3) difficulty is always going increase, currently at an exponential rate, which effects mining, i knew this would be the case, but just didnt fully understand how bad it is.

only fully reliased the above issues after investin in my 3-4 rigs

and i miss calculated my first initial rig, as the difficulty calculated using websites uses a a constant value over the last 24h to project to next month/year which i found out that is not the case, i been tracking my eth mined per month return it getting lower every day.
this is not a problem if eth price keeps rising -_-.

ive just 2 of my rigs up on offer to sell, i got plenty of people wanting to buy.

What should i do? I still very new and trying to read as much as possible.

I probably keep at least 1 rig for my self. Maybe sell of the rest.

How is the difficulty calculated? Initually the website calculated my return of 2.3 eth per month
a week later its now 1.6-1.8, thats a huge drop, plus the price of eth droping, thats why im worry now.


For all those eager people that want to buy up all my rigs, am i missing something or are they?

Worse case scenario my first rig
few 6-12 months I can mine 1 ETH per month? and the price per eth is 200, i just covering my power cost
if 6-12 months, and my single rig can mine 1 ETH / month?, the price needs to be 800 to be same as my initial roi estimate rate of about 32% per month.
or will it go to 1000-2000 dollars per ETH, close to BTC as some speculated.

Still reading up on this POI thing too....
but if someone can point to some good sources on POI and difficulty that would be great

appreciate the time reading my post

[frostminer]

Hi All

Worry about the recent volatility

Basically I bought my first rig with 6x gtx1060 3gb mining a week ago,  cant find any ati cards (man took me few days with setting up Win10, latest nvidia drivers caused my issues)
getting about 113mhs stock, 138mhs when oc.
running stock about speed for few days already stable

was mining for about for about a week now, at the beginning it was great eth price keeps going up, things looks promising so i went and just bought 3-4 more rigs, all parts still in box, not install yet, panicking now, not sure if i should dump the hardware, or keep mining.

things i realized in the pass 2 days
1) now im worry coz of recent volatility of bitcoin and eth
2) actual hashrate is always lower then reported hashrate, need to take away another 10% or so. Use average effective hashrate to do your projections
3) difficulty is always going increase, currently at an exponential rate, which effects mining, i knew this would be the case, but just didnt fully understand how bad it is.

only fully reliased the above issues after investin in my 3-4 rigs

and i miss calculated my first initial rig, as the difficulty calculated using websites uses a a constant value over the last 24h to project to next month/year which i found out that is not the case, i been tracking my eth mined per month return it getting lower every day.
this is not a problem if eth price keeps rising -_-.

ive just 2 of my rigs up on offer to sell, i got plenty of people wanting to buy.

What should i do? I still very new and trying to read as much as possible.

I probably keep at least 1 rig for my self. Maybe sell of the rest.

How is the difficulty calculated? Initually the website calculated my return of 2.3 eth per month
a week later its now 1.6-1.8, thats a huge drop, plus the price of eth droping, thats why im worry now.


For all those eager people that want to buy up all my rigs, am i missing something or are they?

Worse case scenario my first rig
few 6-12 months I can mine 1 ETH per month? and the price per eth is 200, i just covering my power cost
if 6-12 months, and my single rig can mine 1 ETH / month?, the price needs to be 800 to be same as my initial roi estimate rate of about 32% per month.
or will it go to 1000-2000 dollars per ETH, close to BTC as some speculated.

Still reading up on this POI thing too....
but if someone can point to some good sources on POI and difficulty that would be great

appreciate the time reading my post

This one should be a clue
https://etherscan.io/chart/difficulty

[alevlaslo]

Forecast bitcoin rate

https://forum.bits.media/index.php?/topic/952-kurs-bitcoin/page-300#entry742684

[Bepesand]

can't the ETH code be changed by the devs?

The code change has to be approved by the community.

[luka4x]

Bancor ICO unveils new problems with the Ethereum network

http://blockchaind.net/bancor-ico-unveils-new-problems-ethereum-network/

somebody know why Pos should help eth netowork scalability?

[IncludeBeer]

Bancor ICO unveils new problems with the Ethereum network

http://blockchaind.net/bancor-ico-unveils-new-problems-ethereum-network/

somebody know why Pos should help eth netowork scalability?

The PoS implementation being worked on isn't the simple PoS that's been seen before. It will include the idea of sharding, which EF researchers believe will make for infinite scalability.

[FreakSeaker]

Ethereum's founder Vitalik Buterin and Sasha Ivanov of Waves are out there putting in work in the Blockchain world.

https://www.youtube.com/watch?v=kqhuWGjJ8_Q&t=3781s

https://www.youtube.com/watch?v=3jrzXxBIgdM&t=27s

[Bamsed]

Bancor ICO unveils new problems with the Ethereum network

http://blockchaind.net/bancor-ico-unveils-new-problems-ethereum-network/

somebody know why Pos should help eth netowork scalability?

The PoS implementation being worked on isn't the simple PoS that's been seen before. It will include the idea of sharding, which EF researchers believe will make for infinite scalability.

Is that more difficult to do than the conventional PoS?

[HatakeKakashi]

Ethereum pricr as pf now its very amazing because the price is 350 dollars. I hope the price will become 1000 dollars before the end of this year if its happen for sure many peolle become instant millionaire . I hope more investor will come in ethereum so the price will continue to increase. Buy more ethereum now if you want a lot of profit after few months. Ethereum is very promsing coin.

[jtalk]

Ethereum is holding up its value successfully. I don't see any reason for decline of market because more and more project will be out in future and more tokens will b locked in smart contracts means constant increase. What I don't get right now are some mixed discussions at social media don't know to what to understand from those.

[yugu]

Guys, just to remind you.

17 hours left before Mona.Co Visa ICO will be closed. Forever.

It's your last chance to get  on board of the huge Space Ship !!!

[IncludeBeer]

Bancor ICO unveils new problems with the Ethereum network

http://blockchaind.net/bancor-ico-unveils-new-problems-ethereum-network/

somebody know why Pos should help eth netowork scalability?

The PoS implementation being worked on isn't the simple PoS that's been seen before. It will include the idea of sharding, which EF researchers believe will make for infinite scalability.

Is that more difficult to do than the conventional PoS?

Well, have a read, then you tell me

Vitalik's "Muave Paper":
https://docs.google.com/document/d/1maFT3cpHvwn29gLvtY4WcQiI6kRbN_nbCf3JlgR3m_8/edit#

[mastrox92]

next week Ether price
0.092BTC~0.095BTC

[dishku]

next week Ether price
0.092BTC~0.095BTC

What is source of this prediction so many people are waiting for this dip so let's your dream comes true or not before this rally it was stable around this price. I think around will get correction 0.12BTC but it has low chance there.

[jvper]

I think there are several new ERC 20 tokens to be sold the next week in ICOs such as Civic, Status, openANX... Not to mention that we are getting closer to the beginning of the EOS ICO.

[Ralex999]

Hello!

I made many Bitcoin based abstract painting for forum members and people outside forum.
This is my first Ethereum based abstract paintings

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- ETHEREUM TECH -Original and unique paintings

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Price 350 USD

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painting -ETHEREUM TECH 01-





And I liked your work. ) Originally


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painting - ETHEREUM TECH 02 -





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painting - ETHEREUM TECH 03 -






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[luka4x]

I think there are several new ERC 20 tokens to be sold the next week in ICOs such as Civic, Status, openANX... Not to mention that we are getting closer to the beginning of the EOS ICO.

hopefully all ico aren´t scam but someone should somehow check all this project, one bad and it could damage the entire ecosystem.

[apuestascoin]

New Ethereum list of casinos and dice sites :

Casinos Ethereum .com 

If someone knows more please answer or pm

[alevlaslo]

Sizes of wallets: dash 3 gb, lite 7, dgb 12, game 20, eth 25, btc 150