Pardon is this sounds stupid | Bitcointalksearch.org

FP91G

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Quote from: Ketesnuko on August 28, 2022, 05:33:23 AM

Things are about to get very ugly, many mining farm owners will feel the heat and many graphic cards will flood the market, I think this is the time we've been waiting for, I mean we the long term miners who still believe in the flickering light at the end of the tunnel, I can't wait to get cards for even cheaper rate.

A lot of rumors about the problems of video cards Rtx 3060 Ti and Rtx 3060
Everything is very simple. The problem for the Rtx 3060 Ti is hidden in the presence of defective memory modules. Hynix video memory marked H56G32CS4DX 005 does not withstand not only overclocking, but also ordinary testing.And the most annoying thing is that the manufacturer has not yet admitted his guilt for this. Accordingly, the repair of video cards falls on the shoulders of the owner. Fortunately, Chinese stores are full of Hynix video memory chips marked H56C8H24A1R S2C, which do not have a defect.
https://teranews.net/en/rtx-3060-ti-graphics-cards-with-hynix-memory-for-a-penny
I still don't know what to mine after Ethereum.

Ketesnuko

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Things are about to get very ugly, many mining farm owners will feel the heat and many graphic cards will flood the market, I think this is the time we've been waiting for, I mean we the long term miners who still believe in the flickering light at the end of the tunnel, I can't wait to get cards for even cheaper rate.

philipma1957

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'The right to privacy matters'

Quote from: FP91G on August 26, 2022, 09:08:26 AM

Quote from: adaseb on August 25, 2022, 11:19:20 PM

Quote from: BitKongy on August 25, 2022, 02:44:15 PM

Even 6gb vram won't be enough very soon, ETHpow will start where ETH left off so don't expect any lower DAG size, if you want to invest in any graphic cards its better to buy those with 8GB vram memory.

Before you invest in any 8gb cards you should at least see what happens with ETHPOW. It could be a big flop and could be completely dead in 3 months. Even if it’s not dead then the profits will be horrible because at current valuations of $40 a coin. It will have a very small miner reward.

I'll write some figures for reflection
Now Ethereum gives more than $10,000,000, Ethereum Classic about $600,000 in income for miners.
After the end of ethereum mining
ethereum classic will give $600,000 and new ETHPOW will give miners the same if prices don't fall. Profit falls very much, and this is a problem.

Yeah a huge amount of income is about to be shut off.

It should shock all of crypto to the core.

Mr V. B. is going to need very good security very soon.

FP91G

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Activity: 1610

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Quote from: adaseb on August 25, 2022, 11:19:20 PM

Quote from: BitKongy on August 25, 2022, 02:44:15 PM

Even 6gb vram won't be enough very soon, ETHpow will start where ETH left off so don't expect any lower DAG size, if you want to invest in any graphic cards its better to buy those with 8GB vram memory.

Before you invest in any 8gb cards you should at least see what happens with ETHPOW. It could be a big flop and could be completely dead in 3 months. Even if it’s not dead then the profits will be horrible because at current valuations of $40 a coin. It will have a very small miner reward.

I'll write some figures for reflection
Now Ethereum gives more than $10,000,000, Ethereum Classic about $600,000 in income for miners.
After the end of ethereum mining
ethereum classic will give $600,000 and new ETHPOW will give miners the same if prices don't fall. Profit falls very much, and this is a problem.

adaseb

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Quote from: BitKongy on August 25, 2022, 02:44:15 PM

Even 6gb vram won't be enough very soon, ETHpow will start where ETH left off so don't expect any lower DAG size, if you want to invest in any graphic cards its better to buy those with 8GB vram memory.

Before you invest in any 8gb cards you should at least see what happens with ETHPOW. It could be a big flop and could be completely dead in 3 months. Even if it’s not dead then the profits will be horrible because at current valuations of $40 a coin. It will have a very small miner reward.

Grim

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Quote from: FP91G on August 25, 2022, 07:15:01 AM

And Ethereum Classic does not plan to change the size of the dag file so that this coin can be mined by more miners.

The contrary will happen though because this network will be overrun by the current ETH ASICs.
Since asic distribution is very centralized so will be the mining of ETC. So it will be mined by less miners.

For GPUs (better decentralization) you can hope for progpow algorithms.

BitKongy

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Even 6gb vram won't be enough very soon, ETHpow will start where ETH left off so don't expect any lower DAG size, if you want to invest in any graphic cards its better to buy those with 8GB vram memory.

FP91G

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Quote from: rdluffy on August 24, 2022, 09:51:25 AM

Quote from: FP91G on August 24, 2022, 06:32:22 AM

Ethereum classic hashrate is already full of asics with less than 5 gigabytes of memory. When other ASICs with more memory come here after the end of Ethereum mining, there will be no profit for video cards. The price of ETHW futures has already fallen over 50%, and when the exchanges open coin transfers, everything will end up with a big drop.

I'm following the hashrate of both coins and it's clear about the 5gb Asics changing to ETC, and there are another miners changing to ETC to delay the bomb in ETH (I don't know how many)
About ETHW we can't say anything yet because it's only futures right now, once the fork happens, people will probably dump a lot, it will be free money for some, but in the long run, maybe will hold some value.

I'm anxious to have these answers about the future of mining, somehow I think we'll have a balance
People are not considering a strong POW coin arising, and the next bull run can bring again good profits for us home/small miners

Another thing I wish (just wish ok) ETC changes dag size to 5gb to kick out Asics Cheesy

I don't see a big drop in hash rate since the beginning of July. And these small changes will not push the end date of mining much.
https://etherscan.io/chart/hashrate
And Ethereum Classic does not plan to change the size of the dag file so that this coin can be mined by more miners.

rdluffy

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Quote from: FP91G on August 24, 2022, 06:32:22 AM

Ethereum classic hashrate is already full of asics with less than 5 gigabytes of memory. When other ASICs with more memory come here after the end of Ethereum mining, there will be no profit for video cards. The price of ETHW futures has already fallen over 50%, and when the exchanges open coin transfers, everything will end up with a big drop.

I'm following the hashrate of both coins and it's clear about the 5gb Asics changing to ETC, and there are another miners changing to ETC to delay the bomb in ETH (I don't know how many)
About ETHW we can't say anything yet because it's only futures right now, once the fork happens, people will probably dump a lot, it will be free money for some, but in the long run, maybe will hold some value.

I'm anxious to have these answers about the future of mining, somehow I think we'll have a balance
People are not considering a strong POW coin arising, and the next bull run can bring again good profits for us home/small miners

Another thing I wish (just wish ok) ETC changes dag size to 5gb to kick out Asics Cheesy

FP91G

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Activity: 1610

Merit: 1026

Quote from: rdluffy on August 22, 2022, 08:24:36 AM

Quote from: swogerino on August 21, 2022, 03:10:13 PM

Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going

I think that PoW is enough boost for the ETHW coin for developers to start building their apps like they did in Ethereum and this will keep ETHW in track to become why not the new coin which differently from ETH may be supported by the miners and apps thus making it the new number one coin to be mined,of course this is the most optimistic scenario of all,if they did reset the Dag file which I find it highly unlikely,a lot of this coin can be mined in the beginning and this would also be beneficial to many miners,again this is another optimistic scenario.

Let's see
As a miner I always wish for POW coins to mine, but in the case of ETH, it's very dependant of Vitalik.
Most holders and community are happy with new POS and the future of ETH.

ETHW can flourish only if some good devs supports, and the strong enemy here will be ETC and not ETH itself
Lot of miners are changing to ETC

Ethereum classic hashrate is already full of asics with less than 5 gigabytes of memory. When other ASICs with more memory come here after the end of Ethereum mining, there will be no profit for video cards. The price of ETHW futures has already fallen over 50%, and when the exchanges open coin transfers, everything will end up with a big drop.

adaseb

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Activity: 3738

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Nobody knows what the value of ETH POW will be. Currently on the futures it’s predicted to have a value of $40 per coin. Most likely ETH value won’t change by much. Unless there is some huge bug.

The value of BTC didn’t change at first when it split to BCH but it did a few months after. Then BCH shortly hit a value of 0.10 BCHBTC so it was fairly valueable at one point. No idea what will happen to ETH POW because there I already ETC out there.

philipma1957

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'The right to privacy matters'

I am thinking many will switch to ETC.

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Is this an indication that people would mine a forked ETH instead of choosing a different coin to mine? That makes me wonder who is going to support this forked ETHpow coin? Have any exchanges said they would be supporting it? Will nicehash still be mining it? I'm sure nicehash controls a large part of the GPU mining infrastructure, so their support could play a large role in what the next big GPU coin will be.

swogerino

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Leading Crypto Sports Betting & Casino Platform

Quote from: S3300 on August 22, 2022, 10:34:36 AM

Quote from: rdluffy on August 22, 2022, 08:24:36 AM

Quote from: swogerino on August 21, 2022, 03:10:13 PM

Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going

I think that PoW is enough boost for the ETHW coin for developers to start building their apps like they did in Ethereum and this will keep ETHW in track to become why not the new coin which differently from ETH may be supported by the miners and apps thus making it the new number one coin to be mined,of course this is the most optimistic scenario of all,if they did reset the Dag file which I find it highly unlikely,a lot of this coin can be mined in the beginning and this would also be beneficial to many miners,again this is another optimistic scenario.

Let's see
As a miner I always wish for POW coins to mine, but in the case of ETH, it's very dependant of Vitalik.
Most holders and community are happy with new POS and the future of ETH.

ETHW can flourish only if some good devs supports, and the strong enemy here will be ETC and not ETH itself
Lot of miners are changing to ETC

Same thing I'm worried about, its good news that we miners will have our own ETH in PoW version but it won't get all the goodies that Ethereum will get since vitalik won't be in charge anymore, its why I keep smelling doomsday with this ETHW.

That depends,if true great developers who are extremely passionate in the project they will take over and work on most probably we can see good days with ETHW although in the beginning only the miners with cards with more than 4 GB memory will be able to mine it,thus still leaving the 4 GB guys to mine ETC or other coins.In the end it all depends on who the developers of the new coin ETHW will be,it is all on them,the either make it the next best thing to mine or make it a failure since the beginning,for this we have to wait and see.

S3300

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Activity: 280

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Quote from: rdluffy on August 22, 2022, 08:24:36 AM

Quote from: swogerino on August 21, 2022, 03:10:13 PM

Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going

I think that PoW is enough boost for the ETHW coin for developers to start building their apps like they did in Ethereum and this will keep ETHW in track to become why not the new coin which differently from ETH may be supported by the miners and apps thus making it the new number one coin to be mined,of course this is the most optimistic scenario of all,if they did reset the Dag file which I find it highly unlikely,a lot of this coin can be mined in the beginning and this would also be beneficial to many miners,again this is another optimistic scenario.

Let's see
As a miner I always wish for POW coins to mine, but in the case of ETH, it's very dependant of Vitalik.
Most holders and community are happy with new POS and the future of ETH.

ETHW can flourish only if some good devs supports, and the strong enemy here will be ETC and not ETH itself
Lot of miners are changing to ETC

Same thing I'm worried about, its good news that we miners will have our own ETH in PoW version but it won't get all the goodies that Ethereum will get since vitalik won't be in charge anymore, its why I keep smelling doomsday with this ETHW.

rdluffy

legendary

Activity: 2226

Merit: 1304

Quote from: swogerino on August 21, 2022, 03:10:13 PM

Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going

I think that PoW is enough boost for the ETHW coin for developers to start building their apps like they did in Ethereum and this will keep ETHW in track to become why not the new coin which differently from ETH may be supported by the miners and apps thus making it the new number one coin to be mined,of course this is the most optimistic scenario of all,if they did reset the Dag file which I find it highly unlikely,a lot of this coin can be mined in the beginning and this would also be beneficial to many miners,again this is another optimistic scenario.

Let's see
As a miner I always wish for POW coins to mine, but in the case of ETH, it's very dependant of Vitalik.
Most holders and community are happy with new POS and the future of ETH.

ETHW can flourish only if some good devs supports, and the strong enemy here will be ETC and not ETH itself
Lot of miners are changing to ETC

SafuBTC

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Quote from: adaseb on August 21, 2022, 11:54:45 PM

The POW Ethereum that we mine today will stay with the current DAG. However if you want you can mine ETC right now which will work with your 4GB GPU. Unfortunately 3GB don’t work anymore on ETC since dag is exactly 3GB right now.

Nothing resets, it just like a fork in the road. On the left you get POS and no miners and on the right you continue the old chain like nothing happened.

What about the value? I bet it won't be the same, I remember what happened to BTC and Bitcoin Cash.

adaseb

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The POW Ethereum that we mine today will stay with the current DAG. However if you want you can mine ETC right now which will work with your 4GB GPU. Unfortunately 3GB don’t work anymore on ETC since dag is exactly 3GB right now.

Nothing resets, it just like a fork in the road. On the left you get POS and no miners and on the right you continue the old chain like nothing happened.

swogerino

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Leading Crypto Sports Betting & Casino Platform

Quote from: GEMIN_M4 on August 21, 2022, 02:07:27 PM

Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going to die.

I think that PoW is enough boost for the ETHW coin for developers to start building their apps like they did in Ethereum and this will keep ETHW in track to become why not the new coin which differently from ETH may be supported by the miners and apps thus making it the new number one coin to be mined,of course this is the most optimistic scenario of all,if they did reset the Dag file which I find it highly unlikely,a lot of this coin can be mined in the beginning and this would also be beneficial to many miners,again this is another optimistic scenario.

GEMIN_M4

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Nothing will be reset, this is not a brand new coin so do not expect anything of such, the journey will begin where Ethereum left off, the problem is how this project will survive, if all what ETHW have to offer is just the PoW algo its going to die.

Topic: Pardon is this sounds stupid (Read 313 times)