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Topic: Understanding ETH difficulty (Read 1125 times)

full member
Activity: 258
Merit: 104
July 11, 2017, 02:17:40 AM
#7
Most if not all will be answered here -> https://bitcointalksearch.org/topic/newbie-mining-101-1979022
hero member
Activity: 672
Merit: 500
July 11, 2017, 02:06:07 AM
#6
there are several factors affecting ETH mining/profits:

 - difficulty
 - ice-age
 - RX hashrate drop
 - coming PoS
 - possible reward reduction

enough?
member
Activity: 69
Merit: 10
July 11, 2017, 01:00:32 AM
#5
Hello,

which factros does really affect the ETH difficulty?
Is it only the number of miners / total hashrate?
Does also the ETH price affect the difficulty?

If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same?

Is it possible and realistic that difficulty decreases? When would that happen?

To answer the original question here:

Difficulty does not impact your individual hash rate.  Difficulty affects productivity of a given hash rate.  More difficulty will slow down the Ether (or any other coin) production of the network. 

Value of the currency is tied to supply and demand only and has nothing to do with difficulty or hash rate.
YIz
hero member
Activity: 686
Merit: 502
July 11, 2017, 12:25:17 AM
#4
Hello,

which factros does really affect the ETH difficulty?
Is it only the number of miners / total hashrate?
Does also the ETH price affect the difficulty?

If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same?

Is it possible and realistic that difficulty decreases? When would that happen?
What factors? the hash rate of the global network. Price is not affected (directly) by difficulty.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 10, 2017, 11:57:45 PM
#3
Hello,

which factros does really affect the ETH difficulty?
Is it only the number of miners / total hashrate?
Does also the ETH price affect the difficulty?

If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same?

Is it possible and realistic that difficulty decreases? When would that happen?

lol Ill stop u right there , I wont decrease unless it becomes unprofitable to mine which will never happen until pos
so dont expect that, its possible it plateaus if it becomes maybe three times less profitable due to dropping price , ice age, diff rise or some combination there off.

either way if it goes down significanty it means its not worth mining anyways
full member
Activity: 350
Merit: 100
July 10, 2017, 11:54:04 PM
#2
good question.
full member
Activity: 184
Merit: 101
July 10, 2017, 11:42:18 PM
#1
Hello,

which factros does really affect the ETH difficulty?
Is it only the number of miners / total hashrate?
Does also the ETH price affect the difficulty?

If difficulty increases, does that mean also, that I reach less MH/s if this was for example 30 MH/s until now? Or will the MH/s stay the same?

Is it possible and realistic that difficulty decreases? When would that happen?
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