Topic: September is already here - page 2. (Read 1041 times)

I know about Jasminer and Innosilicon A10pro, both 5GB asics
Is there more?
If I remember correctly, the Bitmain E9 have 6Gb (and probably hundreds of them mining right now)

I'll try (not a promise haha) to make the math of the exacly moment ETH hit 5GB dag size and compare with the drop in hashrate, we can have some clue

I confess I'm very curious to know about the percentage of Asics in the network

It seems like if not mining ETH, most are doing ETC or RVN. Is there a 4th most popular?

Not gpus but I think you meant asics and I think you are right, there are too many 5gb asics that stopped working recently and I assume that is why eth network hashrate decreased. The truth here is x profit, etc at moment gives 2x less than eth, no sane miner with gpus with more than 5gb would change to etc.

I posted here about this: https://bitcointalksearch.org/topic/m.60800136

ETHW (obviously) need devs + community to succeed
But I remember that even if a strong person supporting a coin it's not guaranteed success, the example is Roger Ver and Bitcoin Cash, even an early and famous adopter can't make BCH even a top 15 coin, after that fork they tried a lot, but people still use BTC instead of BCH.

Maybe a solution to ETHW is to have strong support from big exchanges, just an example, if Binance works with FTX and have some good devs, or a famous dev...

ETH has Vitalik
ETC has Vitalik words of support ( either real or not )
ETHW has who? Nobody

The case of the new PoW forks will end up just like BCH and BSV lol, I think miners will witness a very ugly future before things get better.

There are a lot of 5 GB ASICs. 

You sure that the recent drop of ETH hashrate into ETC has nothing to do with miners switching to ETC to abandon ETH chain but more of the fact that 5gb GPUs stopped mining recently due to the DAG just recently hitting 5GB.

There are many of these 5GB GPUs out there and they maybe are switching to ETC since they don’t have a choice. Because the profitability is much worse. Wouldn’t make sense any other way.

I never thought that Ethereum will take this merge serious but I am glad that I've made back most of my investment, I have even sold some graphic cards to PC gamers and right now I still have two I want to sell, but I am keeping the rest just in case something goodie comes up.

The difficulty right now is dropping even more:



The last time ETH was at this hashrate was December 17, 2021, with 11,404 - Now is 11,592

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Just to compare, this is the difficulty chart of ETC

yeah. I get it short term thinking.

My thoughts are to continue shifting to etc and hope people continue to do it.

If we all did this it would prolong the difficulty bomb by as much as a month.

And I can already see that my eth earnings are not decreasing as much as I dropped the hash rate because eth difficulty has decreased matching my hash decrease.


I am at this point now.

I don't like the increased hash rate on ethereum classic in recent days. I will stay mining ethereum until the end.

There is no hope now, it will take years to recover, 2025 - 2026 I see a light at the end of the tunnel.

This is scary, but there is hope, we have two new PoW ETH for coming so miners will be able to spread out their hashing power, I wish one will be GPU base and the other will be Asic base, enough of Asic miners taking over everything.

I am philipma1957's alt.






I was thinking if enough of us shift early to etc we could delay the difficulty bomb. We would need to do it systematically. Not super fast.

I moved 10 % of my hash to etc will do it again in 4 or 5 days.

Going to move 2gh to etc today.

edit:


I moved my big 1gh rig just now.

should earn .5 etc a day


all shares are showing check fail on viabtc.

anyone have luck on viabtc.

both trex and nbminer on 2 different rigs just give me reject shares with a check fail error



I may have fixed it.

I forgot to change eth to etc duh!

I moved a 100mhs rig and a 1000 mhs rig.

Its a speculative move. One could argue just mine the eth it pays more and buy the etc.

I am now 8.7gh eth and 1.1 etc


And of course another rule change for Eth and eth2 .

I have staked about .2 eth on coinbase.

here is the new rule.


"Coinbase logo   
 
View in browser
 
Coinbase logo
 
We have changed the way your ETH2 rewards show up in your Coinbase account
Hi there,
 
We have made changes to how your ETH2 rewards are represented in your account.
We added the ETH2 rewards you have earned to date to your balance and show it as a single amount.
The first payout in your account was the actual amount you earned to date, minus the Coinbase fee, based on on-chain rewards. Your first payout might be slightly different than the estimate of rewards earned that was previously shown in your account.
After that single payout, you will receive payouts of the ETH2 rewards that will be added to your balance every 3 days.
You still won’t be able to unstake, sell, or send ETH2 until future upgrades on the Ethereum network or trading is otherwise offered.
If you have any questions, please visit our help center."


New format from coinbase

---

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ETH2 logo
Ethereum 2
ETH2
Available to trade: 0 ETH2 ($0.00)


Not tradable in your region

Add to Watchlist
Overview
Wallet
Vault
Balance: 0.19309119 ETH2 ($315.92)
AUG
19
Ethereum 2 reward
Completed


+0.0004 ETH2
+$0.79

JUL
19
Converted to Ethereum 2
Completed


+0.1926 ETH2
Ethereum 2 rewards
Lifetime rewards


+ 0.00045688 ETH2
APY


3.28%

So I believe it is finally happening for real and the devs of Ethereum with Vitalik on top I believe they know that their coin price and development after switching to PoS will only keep going south as that is what happened to all other PoS coins.I am waiting patiently to see the developments of what will happen to Ethereum once it switches to the PoS from proof of work.

In the #Ethereum Core Devs Meeting today a final mainnet TTD of 58750000000000000000000 was confirmed!!!

This means the Ethereum Merge will officially go live in ~28 days around September 15th!
https://twitter.com/CryptoGucci/status/1560302966086811651
countdown to the end of ethereum mining
https://www.totaldifficulty.com/

The latest news says that around September 15, eth will switch to pos, will it be the right time? etc will never be as profitable as eth at least that its value does not reach around 2000 $ but it has a lighter algorithm it can be mined more easily and no expensive latest generation gpus are needed there are pros and cons

Ethermine announced eth mining will end on 15 September.

https://ethermine.org/announcement

Get ready for the carnage. The greatest mining apocalypse is upon us hehe

Yeah I saw,the difficulty has increased a lot nevertheless I have since yesterday jumped onto the ETC mining wagon saying goodbye once and forever to ETH.I know ETH will fail miserably because it was so successful until now not because of the fintechs or users that they supported it,but because of the miners who were a huge number who helped keep the network secure.Whatever fintech or user and company uses ETH in PoS trust me they cannot make the network as secure as the miners do by validating transactions.Enough of this,anyone has his own idea,mine has started and is in this pic below.