Mining difficulty increased? What's going on? - page 2.

miner from hell

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Quote from: MetaMiner on June 23, 2017, 05:23:53 AM

Hey,

For the past few days the mining difficulty has increased. I'm mining Zcash and the value went from 9$+/day per GTX 1080 TI to 6.5$/day.
Is this normal or will the difficulty continue to increase? Sad

Thanks !

same with 1070x6 farm + 1070x3 PC. nicehash.

profit was dropped about 25-30%. Sad

coinzoid

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Quote from: phobosq on June 23, 2017, 09:59:38 AM

Provided is not going to be paper launch, as usual with AMD lately. HBM2 volumes are limited, so I'd expect that all cards will be gone immediately.

Back then no one was mentioning about possible hash rate drop for RX cards. How does it work for HMB2 models? Will those have same issue estimating they will be profitable to use for mining?

phobosq

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Provided is not going to be paper launch, as usual with AMD lately. HBM2 volumes are limited, so I'd expect that all cards will be gone immediately.

Vann

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Quote from: Tmdz on June 23, 2017, 09:34:40 AM

Quote from: Vann on June 23, 2017, 09:16:10 AM

Quote from: Tmdz on June 23, 2017, 09:05:06 AM

The difficulty bomb on ETH is causing miners to switch over as profit reduces, expect more in about 2 weeks.

That makes no sense. Mining ETH is more profitable than mining ZEC with the RX cards. A single RX 570 4GB will make ~$150 on ETH dual mining with DCR.

https://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=28&fee_eth=3&hr_dcr=750&fee_dcr=2&p=150&cost=0.1&commit=Calculate

On ETH alsone it's $118

https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=28&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

Compared to $92 mining ZEC.

https://whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=300&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

It makes more sense than switching over because your hash rate will decrease in 6 months. Cheesy

The market probably just over reacted to the FUD and there is the Nvidia factor.

It's not a single issue.

Yep, and the biggest one being there are no AMD cards for a month now. Vega release is going to very interesting.

Tmdz

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Quote from: Vann on June 23, 2017, 09:16:10 AM

Quote from: Tmdz on June 23, 2017, 09:05:06 AM

The difficulty bomb on ETH is causing miners to switch over as profit reduces, expect more in about 2 weeks.

That makes no sense. Mining ETH is more profitable than mining ZEC with the RX cards. A single RX 570 4GB will make ~$150 on ETH dual mining with DCR.

https://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=28&fee_eth=3&hr_dcr=750&fee_dcr=2&p=150&cost=0.1&commit=Calculate

On ETH alsone it's $118

https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=28&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

Compared to $92 mining ZEC.

https://whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=300&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

It makes more sense than switching over because your hash rate will decrease in 6 months. Cheesy

The market probably just over reacted to the FUD and there is the Nvidia factor.

It's not a single issue.

Vann

hero member

Activity: 1036

Merit: 606

Quote from: Tmdz on June 23, 2017, 09:05:06 AM

The difficulty bomb on ETH is causing miners to switch over as profit reduces, expect more in about 2 weeks.

That makes no sense. Mining ETH is more profitable than mining ZEC with the RX cards. Currently a single RX 570 4GB will make ~$150 a month on ETH dual mining with DCR.

https://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=28&fee_eth=3&hr_dcr=750&fee_dcr=2&p=150&cost=0.1&commit=Calculate

On ETH alone it's $118

https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=28&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

Compared to $92 mining ZEC.

https://whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=300&p=125&fee=3&cost=0.1&hcost=0.0&commit=Calculate

Tmdz

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The difficulty bomb on ETH is causing miners to switch over as profit reduces, expect more in about 2 weeks.

Vann

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Activity: 1036

Merit: 606

Quote from: deadsix on June 23, 2017, 07:54:18 AM

Quote from: Vann on June 23, 2017, 06:25:55 AM

Quote from: leowonderful on June 23, 2017, 06:21:09 AM

It'll probably increase as some eth miners likely saw the hashrate drop articles and panicked, switching to Zcash. It'll likely continue as ETH becomes less and less viable to mine on.

The hashrate drop for Polaris is largely overstated. My reported hash for seven cards went from 202.7 to 202.2 MH/s. with the new epcoh. I think it has more to do with the fact that AMD cards have been unavailable for a month now, resulting in large numbers of Nvidia sales which do better on ZEC than they do on ETH.

Do a simple benchmark with Polaris on claymores. The drop increases as the epoch keeps increasing, so its 0.5mh between 129 and 130, it will be 5mh between 130-140 and 15 in 140-150 etc. In 6 months more than half of all Polaris owners will have switched to other algos.

Benchmarks are just an estimate. When I ran my own benchmarks on Claymore the figures were overstated. Claymore's benchmark for a 5 card RX 480/580 8GB and RX 570 4GB rig showed a 0.8 MH/s drop between epoch 129 and 130, from ~143.3 MH/s, at epoch 129 to 142.5 MH/s at epoch 130. The actual hashrate for the 5 cards was 144.1 MH/s and that was dual mining with DCR. For 7 cards, the actual epoch hash drop was less than 0.1 MH/s per card while dual mining. People also mine ETH with 1060's now at ~23 MH/s and 1/3 of the dual mining performance of the RX 570 4GB.

https://bitcointalksearch.org/topic/m.19727441

deadsix

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Quote from: Vann on June 23, 2017, 06:25:55 AM

Quote from: leowonderful on June 23, 2017, 06:21:09 AM

It'll probably increase as some eth miners likely saw the hashrate drop articles and panicked, switching to Zcash. It'll likely continue as ETH becomes less and less viable to mine on.

The hashrate drop for Polaris is largely overstated. My reported hash for seven cards went from 202.7 to 202.2 MH/s. with the new epcoh. I think it has more to do with the fact that AMD cards have been unavailable for a month now, resulting in large numbers of Nvidia sales which do better on ZEC than they do on ETH.

Do a simple benchmark with Polaris on claymores. The drop increases as the epoch keeps increasing, so its 0.5mh between 129 and 130, it will be 5mh between 130-140 and 15 in 140-150 etc. In 6 months more than half of all Polaris owners will have switched to other algos.

leowonderful

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Quote from: Vann on June 23, 2017, 06:25:55 AM

Quote from: leowonderful on June 23, 2017, 06:21:09 AM

It'll probably increase as some eth miners likely saw the hashrate drop articles and panicked, switching to Zcash. It'll likely continue as ETH becomes less and less viable to mine on.

The hashrate drop for Polaris is largely overstated. My reported hash for seven cards went from 202.7 to 202.2 MH/s. with the new epcoh. I think it has more to do with the fact that AMD cards have been unavailable for a month now, resulting in large numbers of Nvidia sales which do better on ZEC than they do on ETH.

Doesn't mean it can still cause panic and cause people to switch algos. It'll go down over time anyways and eventually we'll see people switching over to ZEC anyways, as well as other cryptocurrencies.

Vann

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Quote from: leowonderful on June 23, 2017, 06:21:09 AM

It'll probably increase as some eth miners likely saw the hashrate drop articles and panicked, switching to Zcash. It'll likely continue as ETH becomes less and less viable to mine on.

The hashrate drop for Polaris is largely overstated. My reported hash for seven cards went from 202.7 to 202.2 MH/s. with the new epcoh. I think it has more to do with the fact that AMD cards have been unavailable for a month now, resulting in large numbers of Nvidia sales which do better on ZEC than they do on ETH.

leowonderful

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Bitcoin FTW!

It'll probably increase as some eth miners likely saw the hashrate drop articles and panicked, switching to Zcash. It'll likely continue as ETH becomes less and less viable to mine on.

MetaMiner

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Hey,

For the past few days the mining difficulty has increased. I'm mining Zcash and the value went from 9$+/day per GTX 1080 TI to 6.5$/day.
Is this normal or will the difficulty continue to increase? Sad

Thanks !

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