Appreciate the info.. but as said.. this does not explains post Byz difficulty situation.
No effect on the profitability.
Topic: Ethereum Mining Difficulty (Read 579 times)
No effect on the profitability.
As I know, Byz turns ethereum blocktime to 14 seconds(from 30secs now) + decreases block reward to 3ETHs.
So difficulty will become about 1000 or little more, but profitability will be similar.
So difficulty will become about 1000 or little more, but profitability will be similar.
Appreciate the info.. but as said.. this does not explains post Byz difficulty situation.
due to difficultly many miner stop and switched to monero as difficulty for monero is less right now as compare to zcash and eth ..and they difficultly will may increase and more miner hit there network
Hi Guys,
First of all tried to search all the places but I am unable to hence posting here..
I know the current difficulty for ETH is almost `3000TH - which is after all the difficulty bombs.. but the current Network hash rate is around ~1.2TH? (I hope I am looking it right). So when Byzantium will go live that will diffuse the difficulty bomb for sure to make a way for POS - now what I am unsure is
Will the current difficulty be reset to Network Projected which IMO be 1000TH?
or
The difficulty will stay at 3000TH? - Anyone can share?Guess?
Going through Cryptomines post on reddit - he did mentioned difficulty to revert back to network projected one - which any one knows what could be if at all?
First of all tried to search all the places but I am unable to hence posting here..
I know the current difficulty for ETH is almost `3000TH - which is after all the difficulty bombs.. but the current Network hash rate is around ~1.2TH? (I hope I am looking it right). So when Byzantium will go live that will diffuse the difficulty bomb for sure to make a way for POS - now what I am unsure is
Will the current difficulty be reset to Network Projected which IMO be 1000TH?
or
The difficulty will stay at 3000TH? - Anyone can share?Guess?
Going through Cryptomines post on reddit - he did mentioned difficulty to revert back to network projected one - which any one knows what could be if at all?
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