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Topic: How many ASIC's do you think are on Ethereum? (Read 297 times)

member
Activity: 449
Merit: 24
January 15, 2019, 07:44:44 PM
#6
Fork has been delayed, lol.


coindesk.com/ethereums-constantinople-upgrade-faces-delay-due-to-security-vulnerability
member
Activity: 247
Merit: 59
I’m betting 70-80% are ASIC. ETC is going to get crushed!
legendary
Activity: 1638
Merit: 1046
For me, 20% for GPU and the remaining are for ASIC 80% and I think the remaining ethereum miners for GPU are those who mining with free electricity source because if they stay mining with GPU they end up losing their investment or negative profit.

So most of the ETH miners right now are ASIC miners and most of the GPU miners before is switching to other altcoin like RavenCoin including me.
member
Activity: 357
Merit: 26
Its very difficult to estimate at the moment because the mining profitability went down and many of the hashes shifted from GPU miners with high electricity rates shutting down while ASICs began powering up.

If you look at the AMD and NVIDIA earnings report they showed how many GPUs were sold and if you looked at the total hashrate you would of noticed that at the end of 2017, it seemed like millions of GPUs started to mine ETH which is highly unlikely so the culprit had to be some FGPA or ASICs entering the market; and shortly after we got Bitmains introduction that an ETH ASIC actually exists.

Unless ETH changes the algo to an anti-ASIC algo, its very difficult to estimate. But I wouldn't be surprised if maybe 50% of the network hashrate is due to ASICs.

Reckon it's easily more than that, given nethash has remained so high as price has dropped. GPUs are not competitive anymore, so either there are a lot of very optimistic/stupid GPU miners out there with deep pockets, or a shed load of ASICs. Sure there are a few big GPU farms left, but I reckon if you switched algo suddenly you'd lose c.70% nethash easily.
legendary
Activity: 3808
Merit: 1723
Its very difficult to estimate at the moment because the mining profitability went down and many of the hashes shifted from GPU miners with high electricity rates shutting down while ASICs began powering up.

If you look at the AMD and NVIDIA earnings report they showed how many GPUs were sold and if you looked at the total hashrate you would of noticed that at the end of 2017, it seemed like millions of GPUs started to mine ETH which is highly unlikely so the culprit had to be some FGPA or ASICs entering the market; and shortly after we got Bitmains introduction that an ETH ASIC actually exists.

Unless ETH changes the algo to an anti-ASIC algo, its very difficult to estimate. But I wouldn't be surprised if maybe 50% of the network hashrate is due to ASICs.
newbie
Activity: 12
Merit: 0
How much of that current 183Th/s global hashrate do you think is asics?
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