Difficulty increased by 25% in only 30 days. Ethermine, the most popular Ethereum mining pool, allows for anonymous mining with a real time PPLNS payout scheme.The pool prides itself with instant payouts as soon as the payout threshold has been met (minimum 0.05 ETH). Asics replacing gpus, look at hashrate not workers. Press question mark to learn the rest of the keyboard shortcuts. It went a lot lower than this shows for a minute even. In 2018, ETH price drop from ~$1,000 to $140. OP take it with a grain of salt, there has been no direct evidence that ETH ASICs exist or contribute significant hashpower to the network. Free of charge for any amount of rigs. It is true though that you can put an entire farm under one worker. It's not new miners/ASICs its the "Iceage" difficulty kicking in slowly. The Ethereum Network Difficulty Chart displays the mining difficulty and the historical value of the Ethereum network. has to be more than 500 rigs. 2Miners is Nicehash officially recommended pool. Today, on ethermine pool, there are 73,000 miners for roughly 290,000 workers and yet, the difficulty keeps increasing compared to when there were more miners active. New comments cannot be posted and votes cannot be cast, More posts from the EtherMining community. Ethereum’s mining difficulty struggles have been anticipated as one of the many reasons for the delay in the Constantinople update was because of an abrupt ending. Yep, that is why as a miner, I will stop mining it.... All these comments. It took 30% off my claymore hashrate. Doesnt mean anything. It was a wild, nauseating kind of year. If you press S, claymore will show the pool difficulty "Current ETH share target: 0x0000000036f9bfb3 (diff: 20000MH), epoch 133(2.04GB)" What is … Not that I'm aware of. Those shards, even without an EVM, can be used as the data availability layer for TrueBit (and other alternative execution engines). The Muir Glacier fork is a hard fork of the Ethereum network that delays the difficulty bomb. Ask questions or receive news about about mining, hardware, software, profitability, and other related items. Press J to jump to the feed. I wrote down the networks stats for a couple weeks but forgot to look at total hashrate. Popular online medium site Reddit has announced a new strategic partnership with Ethereum Foundation in a bid to offer large-scale applications on Ethereum. Is Ethereum dead in the ditchwater? So 2018 was not a year of Ethereum. Is there an app to track the difficulty of ETH? r/ethereum: Next-generation platform for decentralised applications. If you're looking to invest in ETH mining, please be extra careful.DO NOT trust the profitability calculators like whattomine.com, they are only accurate for TODAY, and are not taking into account the huge difficulty increase that is coming.Especially with the new ASICs coming to the market. The only exception is during the ice-age, a protocol defined period, where block times are intentionally delayed (with exponentially increasing … It has a circulating supply of 114,949,086 ETH coins and the max. In the past week difficulty has jumped from around 11 to over 17, whilst GH/s has fluctuated between 800.00 - 1400.00 but with no clear correlation between the two. On Ethereum, you can write code that controls money, and build applications accessible anywhere in … We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Ethereum’s first manual transaction. That has to happen for the network to maintain it's target of an average 17 second block time. Reddit Joins With Ethereum Foundation to Build Scaling Tools The social media firm will dedicate developer resources to support scaling efforts for Ethereum. That's just one farm having a temporary shutdown or power failure or something. Q: When, as in period of time, do you think Ethereum will be able to solve scalability issues? A purposeful design since ethereum’s launch in 2015, the difficulty bomb slowly increases block time settlement so as to push the network toward proof-of-stake (PoS). Ethereum is a global, decentralized platform for money and new kinds of applications. The more miners are mining Ethereum the more difficult it is to find the block to be rewarded. Ethereum 101. Press J to jump to the feed. Maybe somebody could explain this. Ethereum Difficulty historical chart Average mining difficulty per day | 5.531 P +2.56% in 24 hours. ETH: Share Actual Difficulty Hi all new to the forum so I apologize if this has been asked a dozen times before :) I understand the shares and reject, and stale, but just in terms of my contribution to the pool, when a share is found and difficulty level varies between 500 MH and the largest it states I have found which is 3275.3 GH! Reddit disclosed this partnership via an official blog post, noting that the collaboration with Ethereum Foundation will … I don’t get it. The Muir Glacier upgrade deals with the Ethereum difficulty bomb or Ice Age which has been hardcoded into the proof of work algorithm in order to maintain an average block time by adjusting the difficulty. This will enable staking for the entire network and signal the end of energy-intensive mining. Today, on ethermine pool, there are 73,000 miners for roughly 290,000 workers and yet, the difficulty keeps increasing compared to when there were more miners active. I just visit these from time to time: https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart, https://bitinfocharts.com/comparison/ethereum-difficulty.html, This kind of daily fuctuation is normal. Reddit’s influential social networking site is in the headlines today, after confirming a collaboration with the Ethereum Foundation, with the development of Reddit’s first-ever blockchain partnership.. I put 35 DAI on Pool Together back in 2018 or something after a friend told me about it. after this tweet from NiceHash, many began to panic, speculating that phoenix miner was compromised or that malicious code/malware was discovered in it. Correlation doesn't equal causation, but god damn I cannot agree with this more. Ethereum 2.0 Reddit AMA Part 1. The smaller graph at the bottom provides context. Buterin, along with other members of the Ethereum Foundation (EF) team, responded on a Reddit Ask Me Anything (AMA) session on Nov 17. Estimate: 2022. "Having read various pieces of documentation, it's still not completely clear to me what dictates the difficulty rise, and how Ethereum difficulty levels differ to Bitcoin. That drop is equal to about 500 rigs. This was suppose to be delayed, however because the next upgrade "Constantinople" was also delayed(which has the Iceage pushed further back) we are now seeing the affects of it. Mainnet Ethereum will need to “dock” or “merge” with the Beacon Chain at some point. Maybe we can share results. Thanks :). The current CoinMarketCap ranking is #2, with a live market cap of $192,763,643,027 USD. Ethereum difficulty. etherchain.org makes the Ethereum block chain accessible to non-technical end users As you can tell by my post, I am new at ethereum mining. Don't bring these things to light, quiet and mine... Chinese New Years taking a break from mining. Ethereum’s mining difficulty has noted a significant drop over the past 24-hours, after having reached an all-time high. This fork delays the difficulty bomb 4 million blocks. The live Ethereum price today is . Ask questions or receive news about about mining, hardware, software, profitability, and other related items. $1,676.95 USD with a 24-hour trading volume of $24,148,753,788 USD.. Ethereum is up 5.16% in the last 24 hours. Ethereum price drops to a two-month low, while difficulty goes through the roof, hitting ALL miners overnight. Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. As more flee the more i make, Im ok with them leaving, more should leave! How the upgrades fit together. About Ethereum. Ethereum has hit dizzy heights before: It surpassed the $1300 mark in January 2018. Nothing to see here. This was a 9.6% fall from its all-time high of 3,794 terahashes, according to data provider, Glassnode. Can someone explain ETC airdrop to me? Ice Age — #200,000. From Ethermine I get 1,26 for a week with 192 mh/s. Ethereum co-founder Vitalik Buterin has revealed that the planned migration of Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is not likely to occur until at least November 2021. Or do you believe Ethereum will recover in 2021 and overperform other cryptocurrencies? The fork is expected to happen on block 9,200,000 in January 2020 and will contain a single EIP, EIP 2387. New comments cannot be posted and votes cannot be cast, More posts from the EtherMining community. Email and Telegram notifications: rig monitoring and new block notifications for all the pools. Ethereum Network difficulty is the difficulty of a problem that miners must solve to find a block. A: In phase 1 (about 2020 by my estimate) we will have shard data. Discussion of mining the cryptocurrency Ethereum. Ethereum (ETH) Price Performance in 2019 Asics dont really make a difference...an ASIC has a speed of about 200mhs...a10 does 400-500 if im not mistaken...there are people with BIG farms...i mined 1.7ETH a month when there were about 500 000 workers with 28 RX470s ...now its 2.3-2.5ETH, Scaling.... availability .... and yes, ASICS are big difference, 1,47 at 522mh/s and he corret to 0.126 , about difficulty it's about Difficulty Bomb, we are in Bear Market if correct next move up around $500 will be fair with DB, so just keep those miner runing and peace, Thaks for the encouragements... Have a nice day. I've been following Ethereum stats. my back-of-the-envelope math shows that there would only be 12-13,000 rigs for 500 to create a 4% drop like that. Shh! With solo mining, you are only rewarded for blocks that you solve , so you may go a day or three (or more) without solving a single block, but be rewarded with 3 … You could put a farm under 1 worker if you wanted, My bad, I guess. @Cryptux The dramatic increase in difficulty is a direct result of the dramatic increase in network mining hash rate, which correlates directly with the dramatic increase in ETH value. Is it a bubble that popped, or is it still one of the best cryptocurrencies to buy?. Just dont say it, keep it quiet for the mining dudes who follow this things and make profit of it. Calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin $50,010.00 $125.93 $1,696.09 $205.89 $11.34 $209.64 $183.04 Follow @WhatToMine dark mode GPU Discussion of mining the cryptocurrency Ethereum. It's the windows update from last night. I've been following Ethereum stats. Eth2 is not a migration or a single thing. It also powers applications that everyone can use and no one can take down. Ethereum built in a ticking time-bomb to force PoW miners off the network it in move to PoS. Ethereum builds on Bitcoin's innovation, with some big differences. Ethereum network has a built in mechanic to decrease the effectiveness of mining over time called the “ Ethereum Difficulty Bomb “. There is more than 13,000 rigs mining ETH. However, in Q1-Q3 of 2019 Ethereum price changes looked more promissing. It's the world's programmable blockchain. Ethereum wins over Ripple’s XRP by market capitalization in Q1 2019. This is designed as a hard mechanic to ensure that Ethereum eventually moves to proof of stake, an eco-friendly consensus mechanism that … As you can tell by my post, I am new at ethereum mining. 3. The block difficulty shares an inverse relationship with the profitability of your Ethereum mining rig. Ethereum difficulty (or network difficulty) is a key value for every cryptocurrency. Not a big deal. So, the ETH price started to grow at $100 point. Given current network difficulty, if your rigs collectively produce less than 400-500MH/s, you should consider joining a pool. The company I work for relies heavily in certain areas of Chinese manufacturing and we are SOL for this week and next. This means that every day, as the difficulty gets higher, your rig’s profitability is reduced. Nicehash support: dedicated port (100% compatible with Nicehash stratum). The Ethereum difficulty decreased to 3,430 terahashes on 2 December. What’s yours? Highest Avg Difficulty of 3,606.036 TH was recorded on Thursday, August 9, 2018 Lowest Avg Difficulty of 0.121 TH was recorded on Thursday, July 30, 2015 Difficulty (TH) Best Ethereum Mining Pools Ethermine. Source: etherscan.io. ... almost 70% of the Ethereum community using Reddit that responded is in favor of dropping the block reward to 1 ETH. ELI5 on the ice-age: Ethereum is similar to Bitcoin in that the difficulty is adjusted in an attempt to keep block times constant. I was starting to wonder what's wrong lol. It has always been that way. But by mid-December 2018, it was priced just above $80. Guys take a freakin look at the whole network hashrate total. Data center in Europe, US, Asia: real dedicated servers and DDOS protection. etc is having an airdrop in a few days, could be people shifting to it for some free coins. Am I missing something ? If the network hash rate continues to go up, so will the difficulty. Maybe somebody could explain this. Move along now. Press question mark to learn the rest of the keyboard shortcuts.
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