[ANN] Ethereum: Welcome to the Beginning

[thevictimofuktyranny]

Reply by Vitalik
https://twitter.com/VitalikButerin/status/982194680258486273?s=19

lol, it looks a lethal answer, i see it like a fun joke, back on ethereum why all feel better than that while they are nothing

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

Yelp, Vitalik wants the Ethereum Networks electricity bill to increase with Antminer E3, which has up to 42% higher electricity usage than the GPU architectures! Does not seem very wise, to increase the underlying electricity consumption of the entire network.

Later this year AMD and Nvidia will be releasing new GPUs sporting and an extra 20%-25% performance and enlarged memory throughput.

RX Vega 64 Refresh 51.6mhs for 134watts = 1mhs per 2.59watts

Then, the difference in efficiency will be 59% between current GPU generation and Antminer E3 for electricity bills.

As a guide, each Antminer E3 will cost the network an extra $200-$210 per annum in higher electricity usage (cost calculated at $0.12kWh) - not exactly what the network needs right now!

What does this have to do with the linked tweet? It was about plagiarism, not the breakdown of mining equipment lol. Use the reply button for such things, not the quote.  

The community is discussing what Vitalik said at the Ethereum Core Devs Meeting #36

[YoungBoss18]

The actual mega traders whom are becoming out nowadays are actually which is healthy as the coins are becoming much more spread out around the world.

I hope that every day more investors will come to the market of cryptocurrency. This should help the market.

[greatteager]

Optimistic news

Billionnaire Fund Manager George Soros plans to trade Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://the-blockchain-journal.com/2018/04/06/billionnaire-fund-manager-george-soros-plans-to-trade-digital-assets/

Very good news. If there is a good news background, there will be a successful price increase. We will monitor the market.

In a week or so the market should do x2, they are already starting to release good news.

[mehar_gee]

Optimistic news

Billionnaire Fund Manager George Soros plans to trade Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://the-blockchain-journal.com/2018/04/06/billionnaire-fund-manager-george-soros-plans-to-trade-digital-assets/

Very good news. If there is a good news background, there will be a successful price increase. We will monitor the market.

In a week or so the market should do x2, they are already starting to release good news.

yes now with the coming good news market is now in green mode today
with the news of George Soros i am considring that
slowly crypto currencies are showing its power
soon more news will come and then market will again to go up

[YoungBoss18]

Optimistic news

Billionnaire Fund Manager George Soros plans to trade Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://the-blockchain-journal.com/2018/04/06/billionnaire-fund-manager-george-soros-plans-to-trade-digital-assets/

Very good news. If there is a good news background, there will be a successful price increase. We will monitor the market.

In a week or so the market should do x2, they are already starting to release good news.

I really want to believe it. So far, the news does not give the desired effect. Do you think that the whole market will make a doubling? Or are you just about this project?

[YoungBoss18]

Optimistic news

Billionnaire Fund Manager George Soros plans to trade Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://the-blockchain-journal.com/2018/04/06/billionnaire-fund-manager-george-soros-plans-to-trade-digital-assets/

Very good news. If there is a good news background, there will be a successful price increase. We will monitor the market.

In a week or so the market should do x2, they are already starting to release good news.

yes now with the coming good news market is now in green mode today
with the news of George Soros i am considring that
slowly crypto currencies are showing its power
soon more news will come and then market will again to go up

Yes you are right. Cryptocurrency will still show its strength. A large number of good news can move the market from its place. It is obvious.

[acquafredda]

Reply by Vitalik
https://twitter.com/VitalikButerin/status/982194680258486273?s=19

lol, it looks a lethal answer, i see it like a fun joke, back on ethereum why all feel better than that while they are nothing

There is a bit of frustration too: when you have created a completely different protocol out of the blue and then you see scam copycats popping up I wouldn't expect anybody to be happy. That's the right answer from him.

[Endikadija]

Optimistic news

Billionnaire Fund Manager George Soros plans to trade Digital Assets

The billionnaire fund manager George Soros plans to trade digital assets, even if he described cryptocurrencies as a ‘bubble’ in Januray 2018, according to Bloomberg.

One of his employees who manages macro investing at Soros Fund Management received the permission recently from the company to trade cryptocurrencies.

“As long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad,” said Soros on January 25, 2018.

https://the-blockchain-journal.com/2018/04/06/billionnaire-fund-manager-george-soros-plans-to-trade-digital-assets/

Very good news. If there is a good news background, there will be a successful price increase. We will monitor the market.

In a week or so the market should do x2, they are already starting to release good news.

I really want to believe it. So far, the news does not give the desired effect. Do you think that the whole market will make a doubling? Or are you just about this project?

Yes i do but not for short term, the news told us about soros was aiming about the longterm investment in the digital marketplace. The whole market will give a lot of impacts. If soros will be seriously doing it and then another billionaire will be interested to join in the digital assets as soon as possible.

[yaazcryptos]

I remember the old days of ethereum and I could never guess it was gonna be this big.

[azrafhayder]

its a real coin now proven , but i missed it to buy !!!

[zihadhayder]

i heard about eth 2014 but i did't bought it bad like for me!

[@hasanali4722]

this is a good project. I one to buy more!!!

[sabbirkaundia]

It's a very useful and helpful of all us. That's reason we should always use it. It security very strong. Now at this time i use it and you also welcome....

[weishen77]

The price of Ethereum seems to have stabilized at 400 dollars this time, and the follow-up should start a good rebound

[bitcircle]

The price of Ethereum seems to have stabilized at 400 dollars this time, and the follow-up should start a good rebound

This is just up to that level but we can't say this it is now get stable in short of time of period. Still there is chance to slip from this floor and we will be under around $380 if current trend will continue it need more support to break this barrier.

[Peple]

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

[Jukagid]

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.

[SixFigures]

this need is what you want to fulfill. any of these innovations can potentially be made hundreds of times easier to implement, and easier to scale, if only there is a stronger foundation layer with a powerful scripting language for all of these protocols to build. and better forward.

The developers of Ethereum are hard at work to improve the protocol and I think they will come up with solutions that will satisfy the requirements for a decentralized network for applications.

[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.

Yelp, the market is/can be very brutal on coins moving from GPUs to ASICs.

And, can be very generous on coins moving off ASICs to GPU mining.

Vertcoin - move off ASICs has paid off very nicely for investors.

Feathercoin - move off ASICs has paid off very nicely for investors.

Monacoin - is in the legendary status of a project transformed through abandoning ASICs for GPU mining.

Dash coin is an exception to this rule, but with Dash coin, they had masternodes to reduce the amount available in POW rewards with the launch of ASICs.

I would imagine, a lot of many smaller coins using Dagger-Hashimoto will switch off this algorithm with the introduction of ASICs - recently a very large Scrypt (ASIC) coin called GameCredits (it was in the Top 100 crypto-currencies) was subjected to a 51% attack that caused the network immense disruption, not to a mention huge valuation drop.

[IncludeBeer]

Reply by Vitalik
https://twitter.com/VitalikButerin/status/982194680258486273?s=19

lol, it looks a lethal answer, i see it like a fun joke, back on ethereum why all feel better than that while they are nothing

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

Yelp, Vitalik wants the Ethereum Networks electricity bill to increase with Antminer E3, which has up to 42% higher electricity usage than the GPU architectures! Does not seem very wise, to increase the underlying electricity consumption of the entire network.

Later this year AMD and Nvidia will be releasing new GPUs sporting and an extra 20%-25% performance and enlarged memory throughput.

RX Vega 64 Refresh 51.6mhs for 134watts = 1mhs per 2.59watts

Then, the difference in efficiency will be 59% between current GPU generation and Antminer E3 for electricity bills.

As a guide, each Antminer E3 will cost the network an extra $200-$210 per annum in higher electricity usage (cost calculated at $0.12kWh) - not exactly what the network needs right now!

What does this have to do with the linked tweet? It was about plagiarism, not the breakdown of mining equipment lol. Use the reply button for such things, not the quote.  

The community is discussing what Vitalik said at the Ethereum Core Devs Meeting #36

No, the comment you quoted and then went off topic on contained a link where Vitalik was trolling the Tron team. It's pretty well known they straight copied text from other white papers for use in their own white paper.

That's why you should use the "reply" button instead of "quote" button if you're going to change topic. It makes reading through comments easier.