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Topic: ETH Difficulty +11% in less than 24 hours. - page 8. (Read 12933 times)

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
I guess noobs are already scared about what is happening. They were earning $5 per day per card few days ago, now around $4.20, next week $3.20 and then $2.40 and then $1.70 and then $0.30 and then they will commit suicide in a month from now hehe. Their 80 days roi will become 80 years hehe
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
When this kind of money is involved I'm pretty sure there are some super efficient miners in some form and ASICs are probably just around the corner.

Also to make matters worse since we passed 3,900,000 block, the ice-age difficulty factor went up also.



True, but it's still only 0.016% as per: https://etherchain.org/charts/difficultyBomb

legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL

Pandas will get RX460, look at their post. And even regular 1000x pandas would give just at around 230Ghash increase.
they sold at least 3ghz of pandas last batch at the 235 speed i think 3k pandas in total so they will be brining 5000 pandas online with these slower cards to meet thier promisedhash
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
People are forgetting that 1070 can do 30 mhs and that they are available to buy almost everywhere.Or it could be that nvidia is testing their 1060 mining cards😀

actually 1070s are sold out too , the ones that are available are like $500
better to buy two 1060s at that price
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
I'm mining with only 1 x rx 480 for fun cause mining is for losers, although when I hear the word "asic" then I start feeling, this amazing flood of money will soon be left with more cows than grass. If you mined LTC then you must be having nightmare everytime you go to sleep cause this just cant be helped, people who are buying rx 470 480 570 580 for 700 usd are idiots. I would not pay 200 usd for them, at 120 usd i would think about. I guess will be thousands of them selling for less than 100 usd in few weeks hehe
sr. member
Activity: 1078
Merit: 255
It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL

Pandas will get RX460, look at their post. And even regular 1000x pandas would give just at around 230Ghash increase.
sr. member
Activity: 1078
Merit: 255
Anyone checked other coin hashes?

Looked at them looks like most are increasing slowly. Zclassic had big pump yesterday and then dropped.
sr. member
Activity: 476
Merit: 278
People are forgetting that 1070 can do 30 mhs and that they are available to buy almost everywhere.Or it could be that nvidia is testing their 1060 mining cards😀
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.

lol been saying that for months , and thats with 1000 panda miners delayed, imagine what happens when those hit the network LOL
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
That must be nvidia doing their testing on eth networking. You ready? hehe
newbie
Activity: 50
Merit: 0
Difficulty is not the same as the network hashrate.
Check this for the actual network hashrate.


https://www.coinwarz.com/network-hashrate-charts/ethereum-network-hashrate-chart


I don't think there are asics for ethereum. However i am %100 sure big farms are hoarding all the gpus.
sr. member
Activity: 463
Merit: 250
I see different numbers than you do? 801,268,268M - diff? But even that is quite a jump.
newbie
Activity: 6
Merit: 0
There has been one listed as Out of Stock for months but you never know if they are selling/using on the side - https://www.eastshore.xyz/shop/ethereum-gpu-miner-eth-zcash-xmr-supported/

Looking at the screenshots tho, looks to just hold 8 GPU's at 29MH/s each so could be anything or even a complete fake Huh
legendary
Activity: 3808
Merit: 1723
Also to make matters worse since we passed 3,900,000 block, the ice-age difficulty factor went up also.

legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Holy carp 11%+ in one go!

It would be logical to assume at this point an ASIC, there are and will be other future dagger coins, even once ETH goes PoS

Crazy times gentlemen, think ill stop buying ti's for a while see where mining goes in next 30 days or so, thx for the info man!
newbie
Activity: 106
Merit: 0
I agree this has to be some ASIC in play, because there are no new 200k GPUs in the world.
A week ago I saw a post with 230MH/s per GPU, so maybe this is the reason...
sr. member
Activity: 266
Merit: 250
It's "funny". Some big players must be buying all stock directly at the factory or something. Shops only had a handfull once and out of stock since.
legendary
Activity: 3808
Merit: 1723
This is probably one of the largest difficulty jumps i've seen recently. For the past month or so we were averaging +25% in 1 week or so.

But today alone it spiked up +11%

3896897   Block   eu1   June 19th 2017, 9:13:15 am   765.6 T   11.4 TH/s   69s
3901922   Block   eu1   June 20th 2017, 8:09:45 am   847.7 T   11.4 TH/s   35s   213%

That equates to around 200,000 GPUs (assuming 28MH/s)

We started the year off with 200,000 GPUs mining in total.

Really starting to suspect some type of ETH ASICs out there since the difficult jump is looking exponential for the first time. Before it was linear.

The 0.3% DAG slowdown for the RX series doesn't seem so significant anymore.
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