ETN fork and Monero profitability to increase by 20-30%??

[yrk1957]

When ETN forks, it will draw some GPU’s off Monero.

I am guessing ETN will draw 100MH/s off Monero’, currently at 400MH/s odd. So a 10k/s rig will earn $16 instead do $13 now Monero. Maybe 20-30% increase in profitability.

Anyone else made any estimates?

[Pennywis3]

Even so, the coins on CN-Heavy are even more profitable than CN7.
But the difficulty will surely drop on monero, one of the reasons is also Nicehash, which just implemented CN-Heavy, a lot of buyers will be switching there from CN7.

[ivakar]

it is actually really useless to make any estimates about it, cause you can not influence on it.. so yes, I agree, if some hashrate will be redirected to Electroneum, and the profits on monero will be slightly better..  I hope it will happen.

[CryptoFlamingo]

It´s hard to say now, but ETN diff is getting lower now so it should have some effect on XMR and I think that even on ETH mining, as my mining results are getting little bit better today. Otherwise, we will see in few hours probably

[yrk1957]

Looks like its its going to be a while before the first forked block is found as the difficulty is extremely high and only GPUs around to find it!!

[xenomorphe1]

The prices are low, that's why the difficulty is also lower now.

[Mrsmoker]

for all GPU miner please help etn finding block, need power to stabilize difiulty

[rednoW]

for all GPU miner please help etn finding block, need power to stabilize difiulty

according to miningpoolhub new wallet doesn't accept found blocks, they say that hardfork failed

[Bazzaar]

looks like things are proceeding, stuck in a long period of difficulty adjustment now the massive hashrate from ASICs has gone

[swogerino]

If that is going to be true that is some good news here because I already do that amount like 16 dollars a day with 2 mining computers at 170 mhs in ethhash but the power consumption is low under Monero so that could be a double win if that happens to become true.

[yrk1957]

looks like things are proceeding, stuck in a long period of difficulty adjustment now the massive hashrate from ASICs has gone

Yep, calculated hash rate is down by half to 600 MH/s odd from 1500 MH/s with ASICs. Maybe we get to real rate in a day or two.