Piskeante (OP)
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Activity: 924
Merit: 15
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June 21, 2018, 07:06:00 PM |
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WTF is happening???
In 4 min almost 1000GH/s entered the network. ETH is being mined by ASICS. This is disgusting. They are destroying the profit !
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BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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hawkfish007
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June 21, 2018, 07:08:09 PM |
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WTF is happening???
In 4 min almost 1000GH/s entered the network. ETH is being mined by ASICS. This is disgusting. They are destroying the profit !
Could it be the GPUs that were mining Zec switching to ETH? I switched my Nvidia's to ETH and BTM for better daily profit. |
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Piskeante (OP)
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Activity: 924
Merit: 15
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June 21, 2018, 07:12:57 PM |
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WTF is happening???
In 4 min almost 1000GH/s entered the network. ETH is being mined by ASICS. This is disgusting. They are destroying the profit !
Could it be the GPUs that were mining Zec switching to ETH? I switched my Nvidia's to ETH and BTM for better daily profit. 1000gh/s switching at the same time??? if your card can do 30mh/s, thats like switching 33.333 GPU capable of doing 30mh/s AT THE SAME TIME!!!!!!! That's not possible. That's ASICS. By the way, difficulty on ETH has increased 5,7% in the last 90 days. BTW , i've seen in a period of 24hours increasing form 240.000gh to 255.000. Thats 15.000Gh/s in 24 hours. Just about 500.000 GPUs 30mh/s capable switching in 24 hours. THAT'S NOT POSSIBLE!!! |
BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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Lunga Chung
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Activity: 277
Merit: 23
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June 21, 2018, 07:16:10 PM |
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Nicehash my friend
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hawkfish007
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June 21, 2018, 08:26:40 PM |
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30 MH/GPU was in the past, 1080 Ti does well over 50 MH each  It only takes 4 1080 ti to beat yet to be released E3. |
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edwardceng
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Activity: 266
Merit: 50
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June 21, 2018, 08:40:17 PM |
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WTF is happening???
In 4 min almost 1000GH/s entered the network. ETH is being mined by ASICS. This is disgusting. They are destroying the profit !
you must be accepted the development of hardware in cryptocurrency although the GPU miners can't stop it, let's move on to another coin there are having the algorithm is anti-ASIC. |
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Piskeante (OP)
Member
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Activity: 924
Merit: 15
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June 24, 2018, 07:29:35 PM |
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258.000gh/s. OMFG.
In December 2017 it was around 130.000gh.
This is disgusting.
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BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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Marvell2
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June 24, 2018, 09:32:27 PM |
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258.000gh/s. OMFG.
In December 2017 it was around 130.000gh.
This is disgusting.
asics duh, probably the Bitmain F3 going online |
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Bigdrago
Newbie
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Activity: 312
Merit: 0
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June 24, 2018, 10:16:11 PM |
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Mining days are over. Pull out and sell gpu!
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paklungipin
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Activity: 461
Merit: 14
quarkchain.io
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June 24, 2018, 11:44:50 PM |
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Though, there is news from NVIDIA that will separate the share
market of their product users. NVIDIA products with Turing codes
will probably be a dedicated GPU add-in card class as a cryptocurrency
minning.
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Elder III
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June 25, 2018, 12:15:52 AM |
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I think a large portion of that hashrate is all the GPUs switching of ZEC since it's completely an Asic coin now. A few hundred thousand GPUs is less then the hashrate that was on ZEC and there's zero point in GPU mining anything on the Equihash algorithm now.
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2stout
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June 25, 2018, 12:56:04 AM |
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This is the result of ASICs proliferating the Ethereum network and perhaps miners switching to Ethereum from other coin algos for which ASICs have now been released.
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skov86
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Activity: 147
Merit: 10
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June 25, 2018, 02:37:06 AM |
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Mining days are over. Pull out and sell gpu!
haha... noobs it's nicehash! |
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Pastonia
Newbie
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Activity: 55
Merit: 0
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June 25, 2018, 02:43:45 AM |
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I think a large portion of that hashrate is all the GPUs switching of ZEC since it's completely an Asic coin now. A few hundred thousand GPUs is less then the hashrate that was on ZEC and there's zero point in GPU mining anything on the Equihash algorithm now.
If all the ZEC mining GPU move to ETH, it will only increase the ETH has rate about 15%. I think that is the ETH ASIC. |
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m.vina
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June 25, 2018, 03:01:23 AM |
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Ouchies. Just checked the ETH diffuclty charts and they are indeed off the roof. This is probably because the E3 ETH ASICs are now coming online. This is probably Bitmain disguising their ASICs as "GPU miners who have moved from mining ZEC to ETH." Bitmain was waiting for the right time to turn them on so that the ETH dev team won't notice it's their fault and consequently ban their Bitmain E3 ASICs.
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Kalyst69
Jr. Member
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Activity: 147
Merit: 1
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June 25, 2018, 03:18:01 AM |
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Ouchies. Just checked the ETH diffuclty charts and they are indeed off the roof. This is probably because the E3 ETH ASICs are now coming online. This is probably Bitmain disguising their ASICs as "GPU miners who have moved from mining ZEC to ETH." Bitmain was waiting for the right time to turn them on so that the ETH dev team won't notice it's their fault and consequently ban their Bitmain E3 ASICs.
Vitalik already told that they will not fork against ASIC or if the community really wants it, they will just accelerate the POS migration. |
Host your ASICs in Siberia for $0.07/KW all inclusive. Contact me for information.
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shibob
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Activity: 672
Merit: 154
Blockchain Evangelist.
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June 25, 2018, 03:46:31 AM |
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I think some zec miners switched their rigs to mine ETH (this is true for all of my friends who are mining with gtx 1060 and 1070) or even in the worst scenario, Bitmain may test their new eth asics miner.
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Za1n
Legendary
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Activity: 1078
Merit: 1011
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June 25, 2018, 03:53:53 AM |
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I think a large portion of that hashrate is all the GPUs switching of ZEC since it's completely an Asic coin now. A few hundred thousand GPUs is less then the hashrate that was on ZEC and there's zero point in GPU mining anything on the Equihash algorithm now.
If all the ZEC mining GPU move to ETH, it will only increase the ETH has rate about 15%. I think that is the ETH ASIC. It is likely pressure from both fronts, as Equihash miners are now switching over to ASICs freeing up their GPUs to mine other coins, which right now mainly means moving to ETH. Also, the Antminer E3 is due to ship in late July, but I bet some are already starting to trickle out to large farms or other well-connected miners ahead of time, thus also driving up the hashrate. Combined with the current downtrend in all coin prices this is creating the perfect storm of destroying any remaining profitability, as hash-rates and thus difficulty skyrockets while at the same time the coin prices plummet. Happy times are indeed here again, enjoy! |
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Piskeante (OP)
Member
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Activity: 924
Merit: 15
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July 05, 2018, 01:51:01 PM |
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new record on hashrate for ETH.
262350 Gh/s.
WTF is happening here??? This is destroying profit!!!!!! OMG!!!!!!!
4 hours ago we had 252.000GH/s.
As time passes by , more and more and more GH are joining the pool while THIS IS BECOMING LESS PROFITABLE. Are the people really mad?? Or is it that people have definetely abandoned many many many other coins???
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BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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KaydenC
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July 05, 2018, 02:05:26 PM |
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new record on hashrate for ETH.
262350 Gh/s.
WTF is happening here??? This is destroying profit!!!!!! OMG!!!!!!!
4 hours ago we had 252.000GH/s.
As time passes by , more and more and more GH are joining the pool while THIS IS BECOMING LESS PROFITABLE. Are the people really mad?? Or is it that people have definetely abandoned many many many other coins???
In early June I calculated 10.5 mil 1060s on Ethash, 2.5 mil 1060s on Equihash. With Equihash ASIC and no zcash fork (75% of equihash nethash), 2 million + 1060s need a new home. And they will flock to Eth. +20% difficulty in Eth is expected. Even more if new GPUs with GDDR6 and better hash rate launches. |
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