ETH ProgPOW coming soon

[Xazax310]

Update: ETH Dev Meeting (around 1 hour)
https://www.youtube.com/watch?v=iSc3TbjZu1k

The Go-ahead has been given for ProgPOW(barring any major problems) Time-line looks to be 3 months~ or next quarter to fully implement ProgPOW.

https://github.com/ethereum/pm/issues/66



First the good news,

Peter Pratscher-"As the gangnam ProgPoW testnet is running smoothly since a few weeks & the mining ecosystem is maturing (open source implementations for cuda & opencl are more or less done, claymore (the dev of the most widely used closed source gpu ethash miner) has also confirmed to add ProgPoW support to his miner) I think it would be a good time to finalize the discussion if Ethereum should switch to ProgPoW during the next core dev call?"



Claymore is creating ProgPOW miner for ETH-hash.



ProgPOW WILL be coming to Ethereum. It's just a matter of when?



Bad news-

Discussion will have to take place to decided "When" to include it, either on the current release cycle of 8 months or Ad-hoc. It's unlikely that ProgPOW will be included in next HF, but they're may be an Ad-hoc HF that would include it. As they have stated Earlier that ProgPow and Constantinople are not complimentary and could be achieved successfully separately. I hold out hope.


@PheonixMiner team will you be supporting ProgPOW, How about other Devs such as T-rex/Cryptodrege etc?

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[sommersut]

Good news. A fork in mid-2019 will be wise as well

[Mighty_crypt]

Progpow? Thought ethereum upgrade was Proof of Stakes? Well I hope things go well with the update or else God knows what

[sommersut]

POS will be implement down the road maybe 2020...

[VasilyS]

Progpow? Thought ethereum upgrade was Proof of Stakes? Well I hope things go well with the update or else God knows what

PoS will not be earlier than Istanbul hardfork scheduled to 2019-10-16. A small hardfork with ProgPoW and Stratum 2.0 will be in mid 2019.

[evlo]

Stop lying, there is no really working progPow miner.

[sommersut]

Yes, it does. Read the link posted in the first post that started this discussion.

[dragonmike]

Stop lying, there is no really working progPow miner.

Of course there is. Actually there are at least two (that I know of).
There's the "official" Bitcoin Interest (BCI) ProgPow miner and there's the version from TradeTec Miner as well (for nvidia).

Regardless of this, I'm sceptical that ETH will fork to ProgPow, considering all they seem to be interested in is to move to PoS...

[Kompik]

Stop lying, there is no really working progPow miner.

Of course there is. Actually there are at least two (that I know of).
There's the "official" Bitcoin Interest (BCI) ProgPow miner and there's the version from TradeTec Miner as well (for nvidia).

Regardless of this, I'm sceptical that ETH will fork to ProgPow, considering all they seem to be interested in is to move to PoS...

The pure POS serenity will be in 2021 at the earliest, probably much later. So it makes sence since ethereum will be hybrid POS/POW chain for quite a while.

[johnnie18]

I would like to ask if the mining nowadays is still profitable or not? There are a lot of mining but it gives a very small amount to earn.

[swogerino]

Ethereum is not the most profitable coin at the moment and the price is down a lot from what it used to be. Progpow miner or not the mining community do not really care unless this new miner brings in better profitability. I am mining different Ethereum ethash other coins as the profitability is higher. I hope this Pow thing is only for Ethereum and not for other coins which happen to be on ethash algorithm.

[Metroid]

Ethereum is not the most profitable coin at the moment and the price is down a lot from what it used to be. Progpow miner or not the mining community do not really care unless this new miner brings in better profitability. I am mining different Ethereum ethash other coins as the profitability is higher. I hope this Pow thing is only for Ethereum and not for other coins which happen to be on ethash algorithm.

WTH are you talking about? other ethash coins are profitable because of eth, changing eth to another algo will make ethash coins to most likely die. Also rise on price of ethash coins is also because of eth, everything that is bound to eth is rising and this is a fact, check ethash coins price before eth rose to 0.04 btc, when eth was 0.025 btc and you will have your answer.

I like the idea for eth to be moving straight to proof of stake rather than change to progpow. I also hate the idea eth network is infested with asics and that is the only reason I support progpow, those asics will end up mining other ethash coins.

[FFI2013]

Ethereum is not the most profitable coin at the moment and the price is down a lot from what it used to be. Progpow miner or not the mining community do not really care unless this new miner brings in better profitability. I am mining different Ethereum ethash other coins as the profitability is higher. I hope this Pow thing is only for Ethereum and not for other coins which happen to be on ethash algorithm.

WTH are you talking about? other ethash coins are profitable because of eth, changing eth to another algo will make ethash coins to most likely die. Also rise on price of ethash coins is also because of eth, everything that is bound to eth is rising and this is a fact, check ethash coins price before eth rose to 0.04 btc, when eth was 0.025 btc and you will have your answer.

I like the idea for eth to be moving straight to proof of stake rather than change to progpow. I also hate the idea eth network is infested with asics and that is the only reason I support progpow, those asics will end up mining other ethash coins.

Yes asic are killing the eth chain but I read somewhere that switching to progpow would weed out the asic and make the switch to pos easier they are afraid of when trying to switch to pos that there will be so many big farms with asic that they'll hold the chain hosted or make the switch difficult

[alienesb]

I think they will keep kicking the POS can down the road for as long as possible. POS kills coins because miners don't support it. Like it or not, miners keep this whole thing going.

[dragonmike]

I think they will keep kicking the POS can down the road for as long as possible. POS kills coins because miners don't support it. Like it or not, miners keep this whole thing going.

You say that but there are a lot of top 100 coins that are solely proof-of-stake.
I am not sure the "miners keep this whole thing going" argumentation actually still has a leg to stand on. If you have enough people running a staking wallet (or a masternode for that matter), a network can hold its own pretty well...

[Metroid]

https://www.coindesk.com/ethereum-developers-give-tentative-greenlight-to-asic-blocking-code

[RuMiner]

upd Claymore confirmed miner update 

[Haidong Liang]

Yes, it does. Read the link posted in the first post that started this discussion.

BCI already uses that.

[sommersut]

Here the original discussion https://www.youtube.com/watch?v=iSc3TbjZu1k

Try from 45 min on