Topic: The death of cryptonight and the future of amd card prices (Read 529 times)

they should:

 say  the algo and let an asic get started really fast?

or use any developer other then claymore (too rich to trust) to issue new software to mine a new algo?

your choice bro

There are only 10 coins or so currently on the Cryptonight algorithm that I can find.
Monero has already stated "changing on March 28" - that removes more than half of the total network hashrate of ALL of these coins combined.
ETN has sorta-announced they'll be changing algorithm - they HAVE to for their "mobile mining" project to be viable - there goes 3/4'ths or a bit more of the REST of the combined total network hashrate.

If Bitmain puts their typical "about 3000" miners into each of their ANNOUNCED X3 batches, that's going to be ballpark 30 TIMES the total current combined hashrate for all the remaining Cryptonote coins arriving in the next few months.

It's going to be a worse bloodbath than SIA or X11 by far if so.

As of the last figures I saw, XMR was pushing sorta close to 1 Gigahash, ETN 300some Megahash (close to 400), all the rest COMBINED were less than 100 Mhash and at least one of them was less than ONE Megahash.


AMD card prices have already DROPPED a bit (vega in particular) and availability has improved a LOT since January - but ETH is still profitable enough that some new rigs are getting added, just at a much slower pace the last couple weeks.
ETH seems to be the ONLY major coin that has lost less than 50% of it's "peak value" at this point.

Final point - most AMD cards are mining ETH. NOT XMR or other CN coins.
Vega is the only major exception since it has so much higher performance on CN than on anything else.

I think it is not big enough to absorb all the hash.

AMD are faster on ethash and cryptonight. Thats more than half used mining hashpower per algo/gpu. Nvidia didn't die because it's slower on most popular algo - ethash. I don't see any reason.

You are missing out on a lot of profit if you just use that site.  Try https://www.cryptunit.com/

You the funny thing is when I started mining in June 2017 everyone was talking about the imminent switch to POS on Ethereum.  And I'm pretty sure that talk was going on well before I discovered mining.

AMD card prices will stay high as long as there is a shortage of Nvidia cards.  At this point I think gamers and miners will buy anything they can get their hands on.

well yes there is, because AMD is only really good at the cryptonight algo, if you take that away, and the fact that ETH is going POS soon, I just dont see the resale value of a 56/64 in the near future being that good.

if I was a AMD miner I would sure want to know whats going on and if this is the end of cryptonight.

Im wondering why the big secrecy of the algo they will use, I dont like suspense, or count downs reminds of the XVG 2018 new years thing. Spit it out already, whats going on investors want to know, will there cards be obsolete after the fork?

Focus on Monero, Aeon, Intense mining and use the following link https://minecryptonight.net/ to compare which is most profitable mining coin at present. That should save all your effort and avoid the noise.

It will change all the time, so there is no need to know exactly now.

Many more small and more profitable coins using cryptonight protocol and many more coming. Mine those coins and exchange to any major coins like ETH and others.

Which algo is monero switching to? It just says to be changed and doesn't say

The Pow algorithm will change slightly every 6 months. So I expect the GPU can still use that.

There are a lot of coins that remain in these algorithms. I am a supporter of mining on the GPU. You always have the option of switching to another coin. Every year there are new coins. They will always need the services of miners. Can you this way want to reduce the price of the GPU from AMD? You won't succeed. Demand will remain stable this year and prices will not decline. This has already been stated, NVIDIA. I'm sure AMD won't be an exception.

Nah, I find this hardfork being an OK one. It keeps Cryptonight algo away from ASIC mining and let's us GPU miners keep doing our thing .

Page to MoneroV https://monerov.org/

bullshit, monero march fork and monerov are 2 different things

No




Longer answer is other coins will pop up if the fork is real.

I heard menero is forking to monerov which will use a new algo. does this mean 2018 is the death of the crytponight algo and lower AMD prices?