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Topic: ETH hashrate keeps growing - page 2. (Read 752 times)

legendary
Activity: 3808
Merit: 1723
December 26, 2020, 10:38:16 AM
#7
I am sure that the 4GB video cards and ASICS represented a large portion of the hash rate however as we are hitting all time high after all time high and ETH is rising, so is the difficulty.

We also have much better GPUs which are more efficient. I think if ETH traded sideways and newer GPUs didn’t came out then I think the overall hashrate would of dropped by 25% or so.

However most 8Gb got bought out by miners in the last few months and hence why hashrate is still rising.
legendary
Activity: 1764
Merit: 1002
December 26, 2020, 10:27:19 AM
#6
lol after passing 4gb epoch nethash became stronger there is only small 4gb gpu mining before then

the prediction really going nowhere and now btc break 25k and eth  with other alt downturn heavly hitching new atl on the horizon

this really bad hope 1-2 weeks alt recover after btc got stabilize the price

member
Activity: 449
Merit: 24
December 25, 2020, 12:35:52 PM
#5
You can see a drop in hash rate on ethermine every dag increase.

https://ethermine.org/statistics
member
Activity: 246
Merit: 24
December 25, 2020, 11:13:11 AM
#4
It's safe to say the amount of new miners joining because of the crypto bullrun is why were not seeing significant drops in hashrate. Most large miners already sold off and phased-out the 4GB cards. While new miners are buying older RX580 8GBs, 5700/5600XT's or Nvidia GPUs with 8GB ram or more. Lastly Zombie mode was invented by Miner-software Devs keeping whatever 4GB cards are on the network until they're unprofitable for that person. For me, I'm keeping my 4GB cards on until Feb a Full month later thanks to Zombie Mode.

So unlike everyone was expecting there will no 'massive' drop in hashrate.
legendary
Activity: 4326
Merit: 8899
'The right to privacy matters'
December 25, 2020, 10:18:05 AM
#3
It is pretty easy to see that hidden asics are driving the diff up for eth.
full member
Activity: 1275
Merit: 141
December 25, 2020, 10:14:18 AM
#2
Good thing nobody has added any of the new gpus to mining eth....why that might increase nethash...ya think.
jr. member
Activity: 279
Merit: 1
December 25, 2020, 10:07:52 AM
#1
ETH network hash rate keeps growing even though the dag size is now over 4GB. Looks like 4GB cards were slowly phased out for newer model cards.
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