I was under the impression that hybrid POS won't start until next summer. October will be the reduction in block times, reduced issuance and diffusing the difficulty bomb.
True. Plus early PoS should start in, what, October or November? I think some miners will want to move their hardware and use the cash to buy coins to take a whack at PoS. Rumour has it it'll take 1000 ETH minimum to stake alone. Everyone else will have to join a pool and pay fees. The top .1% will be able to stake solo.
Got a link about PoS starting in summer? I know they've delayed a lot of things, but . . .
wow guys, is it me or did we get a big reduction on profits , almost 600 mh/s and only making 13$ a day, 0.05 eth/day
Difficulty hasn't changed much in the past couple weeks. The difference in profitability is because the price of all cryptos tanked due mostly to Chinese government shenanigans. I consider it a good thing because I see no reason the price drop won't be temporary just like it always has been before, and in the interim it means people will be less inclined to bring more hash power online, keeping the difficulty lower and my mining rate higher.
End of July the difficulty was at ~1300 TH/s. It's now at ~2300. That's fairly significant.
Granted, the difficulty has been going up fairly rapidly this entire year, but it's still a notable bump for anyone who came on board a few months ago.
I'll look. It was during either the last dev meeting or the one before that. Full POS isn't scheduled at all from what I understand, just hybrid.
Okay, thanks. I was under the impression that Metropolis would bring a hybrid system where only 1 out of every 101 validations would be handled by PoS to start, and that would happen sometime in Oct or Nov 2017.
True, but that's largely due to the difficulty bomb which will be defused with the first Metropolis fork on 3-4 weeks. Issuance will go down too, but it will still be a net improvement for miners when it happens.End of July the difficulty was at ~1300 TH/s. It's now at ~2300. That's fairly significant.
Granted, the difficulty has been going up fairly rapidly this entire year, but it's still a notable bump for anyone who came on board a few months ago.
True, but that's largely due to the difficulty bomb which will be defused with the first Metropolis fork on 3-4 weeks. Issuance will go down too, but it will still be a net improvement for miners when it happens.
Sounds about right. The days of super high profitability from mining are likely to be mostly over unless the price does something truly nuts. But a reasonable return will still be available to those who already have equipment for some time yet.It will only make profitability slightly higher than now but in the long run profitability will continue to shrink, just at a much much slower rate so profitability will be stretched out long enough for Casper (PoS) to hit. Eventually, those will higher electricity rates will go negative, I'd guess in 4-6 months depending on hardware even with the difficulty bomb being defused. As they stop mining, network hashrates will drop and difficulty will increase at a slower rate probably reaching equilibrium around .06-.10 USD/kwh until PoS hits.
Sounds about right. The days of super high profitability from mining are likely to be mostly over unless the price does something truly nuts. But a reasonable return will still be available to those who already have equipment for some time yet.
Difficulty hasn't changed much in the past couple weeks. The difference in profitability is because the price of all cryptos tanked due mostly to Chinese government shenanigans. I consider it a good thing because I see no reason the price drop won't be temporary just like it always has been before, and in the interim it means people will be less inclined to bring more hash power online, keeping the difficulty lower and my mining rate higher.
I'm liking the Vega 64 Liquid I got last week to replace the Fury X in my main desktop. 43.8 MH/s.
Sure. I get that using the mining driver. 1102 MHz / 950 mV core, 1100 MHz / 950 mV memory, -20% power limit. Using the normal drivers I get stuck in the 30's too.Mind sharing your settings to hit 43.8 MH/s?
I'm stuck at 38.8Mh on a Vega 64 Liquid Edition
Sure. I get that using the mining driver. 1102 MHz / 950 mV core, 1100 MHz / 950 mV memory, -20% power limit. Using the normal drivers I get stuck in the 30's too.
Edit: Though even with the core set at 1102, Wattman always reports it running at 1560.
Just Wattman so far. It's still a bit limited and buggy, but I don't think any third party tools like afterburner are working with Vega yet.What are you guys using to tweak Vega for eth mining?
Just got a Vega 56 and not sure what to use.