Ethereum mining diff | Bitcointalksearch.org

yobigd20

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Quote from: miner29 on September 03, 2020, 04:36:54 PM

Well for starters Coinbase is 2 weeks to confirm ETC so you may sell everyday but you wont you will be selling 2 weeks ago mined coins.

The problem is ETC will just keep getting 51% attacked until they change algos.

An algo change won’t make any difference. Whatever algo they change to hackers will just rent hashpower for that algo instead. Consider ETC completely dead.

miner29

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Well for starters Coinbase is 2 weeks to confirm ETC so you may sell everyday but you wont you will be selling 2 weeks ago mined coins.

The problem is ETC will just keep getting 51% attacked until they change algos.

PerfectCircle

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Activity: 252

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Quote from: Sy on August 19, 2020, 02:39:48 AM

Quote from: ?? on ??

Quote from: Sy on August 17, 2020, 02:50:50 AM

Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually.

Hello,

I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present

So it makes more sense to mine ETH or ETC?

To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss.

You don't have to be scared of mining ETC right now because you aren't planning to hold, correct me if I'm wrong? You would probably sell after every 24 hours mining circles to limit the risk, sell off and change to other coins or FIAT

Cryptodiscuss

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Activity: 518

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There are so many coins with less fees, but they are not worth mention... Eth is stil silver and Btc gold for hodlers and traders, but for transactions, I dont know!

Claudio99

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Sovryn - Brings DeFi to Bitcoin

Quote from: Permonik on August 14, 2020, 01:02:28 AM

Hmm but, it´s the same with ETC. I usually mine 1,5ETC per day, but it was 5,5 from yesterday...

That's because ETC difficulty is now lower, once Ethereum Classic miner sees that's more profits can be made from Ethereum they switch their mining rigs to Ethereum and that drags ETC mining difficulty down

fmz89

legendary

Activity: 1762

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Quote from: P00P135 on September 02, 2020, 01:41:08 AM

Quote from: Cryptodiscuss on September 02, 2020, 01:35:32 AM

ETH withdrawal fee from exchanges is about 30$!!! Huh

I dont know is this going to backfire to miners, like it did with BTC at the end of 2017...

Didn't people just buy dogecoin with their BTC and exchange that instead?

xlm more realistic, fee prety damn cheap and fast

fmz89

legendary

Activity: 1762

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Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

cause defi frenzy lot of bot on dex eth

P00P135

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Activity: 1126

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Quote from: Cryptodiscuss on September 02, 2020, 01:35:32 AM

ETH withdrawal fee from exchanges is about 30$!!! Huh

I dont know is this going to backfire to miners, like it did with BTC at the end of 2017...

Didn't people just buy dogecoin with their BTC and exchange that instead?

Cryptodiscuss

member

Activity: 518

Merit: 10

ETH withdrawal fee from exchanges is about 30$!!! Huh

I dont know is this going to backfire to miners, like it did with BTC at the end of 2017...

Sy

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Bounty Detective

Quote from: dedizones on August 19, 2020, 06:23:03 AM

Quote from: Sy on August 19, 2020, 02:39:48 AM

Quote from: ?? on ??

Quote from: Sy on August 17, 2020, 02:50:50 AM

Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually.

Hello,

I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present

So it makes more sense to mine ETH or ETC?

To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss.

Same, I'm afraid, I had ETCs, they were blocked for 2 weeks. they are at the 3rd 51% type attack and I think it won't be the last unfortunately, then the price really doesn't change compared to the other crypto.

Yep! And the gas fees are still above 100 GWEI so I guess that's a pretty good incentive for us to keep directing our hash power to the ether pools.

dedizones

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Activity: 31

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Quote from: Sy on August 19, 2020, 02:39:48 AM

Quote from: ?? on ??

Quote from: Sy on August 17, 2020, 02:50:50 AM

Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually.

Hello,

I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present

So it makes more sense to mine ETH or ETC?

To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss.

Same, I'm afraid, I had ETCs, they were blocked for 2 weeks. they are at the 3rd 51% type attack and I think it won't be the last unfortunately, then the price really doesn't change compared to the other crypto.

Sy

legendary

Activity: 1484

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Bounty Detective

Quote from: ?? on ??

Quote from: Sy on August 17, 2020, 02:50:50 AM

Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually.

Hello,

I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present

So it makes more sense to mine ETH or ETC?

To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss.

safar1980

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Activity: 1708

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Payment Gateway Allows Recurring Payments

I read in the news that the commissions on the Ethereum network over the past week amounted to more than $ 34 million, and on the Bitcoin network about $ 9 million. This is a very good time for miners, I have already forgotten when the profit from 1 video card RX 480 was at the level of 1.5-2 dollars.

Cryptodiscuss

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Activity: 518

Merit: 10

So to draw a conclusion from this... Higher fees = miners earning more = ETH leading bull run.
Now, what would happen if all mineable coins got higher transaction fees? Huh

I mean, in last bull run, BTC fees were too high up and that backfired badly, but there must be some equilibrium.

Sy

legendary

Activity: 1484

Merit: 1003

Bounty Detective

Quote from: Cryptodiscuss on August 13, 2020, 10:06:40 AM

Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?

In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually.

Rune

legendary

Activity: 1229

Merit: 1001

Ethereum is really starting to lead this bull market I would not be surprised to see it go to 1000 and BTC to stay around 15000
if it was not for all the crazy red scam candle flash dumping the price to margin call every person longing I would have big longs on ETH right now.
Oh well at least I have some eth waiting

miner29

full member

Activity: 1281

Merit: 141

Well with the recent Etc problems and the huge profits on Eth mining....i suspect a few miners may have switched to Eth thus making Etc easier to mine.

Permonik

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Activity: 275

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Hmm but, it´s the same with ETC. I usually mine 1,5ETC per day, but it was 5,5 from yesterday...

Metroid

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Xtreme Monster

It's back to almost normal, fees got as high as $6, now is back to $2.5, usually the fee is around $1 but they way things are i guess things will be like this for a while until eth 2.0 is released.

miner29

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Activity: 1281

Merit: 141

It is because the fees are way up due to Tokens/Smart Contracts on Eth. Seems Eth is enjoying a lot of popularity recently.

Topic: Ethereum mining diff (Read 529 times)