DrMrLordX
Lifer
- Apr 27, 2000
- 22,004
- 11,577
- 136
On ETH difficulty:
http://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
Using the 3m resolution, you can see ETH difficulty going from ~73T to ~180T. Much of this has to do with the recent price flux which you can see for yourselves. This thread is for mining more than anything else, so at this time I feel it a good idea to avoid price discussions.
Needless to say, a lot of money is coming into the crypto realm from investors who noticed the recent failed attempt to form a BTC ETF. The end result has been massive price flux for DASH and ETH. Secondary flux is hitting smaller coins that have been mostly dormant, like SDC. Even DCR is seeing flux.
So what does that mean for miners? It kind of sucks if you still want to mine, but if you are holding ETH you can probably take profits now if you like. There's no telling where it will go from here. My own predictions have been shown overly-conservative. I expected ETH to remain mostly dormant until PoS became imminent. With all this money flooding the crypto realm, things have gotten a little weird.
The other side-effect of this is that the freight train towards difficulty-mageddon has cranked its engines up to 11. PoS might need to happen sooner than later . . .
http://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
Using the 3m resolution, you can see ETH difficulty going from ~73T to ~180T. Much of this has to do with the recent price flux which you can see for yourselves. This thread is for mining more than anything else, so at this time I feel it a good idea to avoid price discussions.
Needless to say, a lot of money is coming into the crypto realm from investors who noticed the recent failed attempt to form a BTC ETF. The end result has been massive price flux for DASH and ETH. Secondary flux is hitting smaller coins that have been mostly dormant, like SDC. Even DCR is seeing flux.
So what does that mean for miners? It kind of sucks if you still want to mine, but if you are holding ETH you can probably take profits now if you like. There's no telling where it will go from here. My own predictions have been shown overly-conservative. I expected ETH to remain mostly dormant until PoS became imminent. With all this money flooding the crypto realm, things have gotten a little weird.
The other side-effect of this is that the freight train towards difficulty-mageddon has cranked its engines up to 11. PoS might need to happen sooner than later . . .