Interesting. I'm not overly familiar with how Ethereum handles 'difficulty' compared to Bitcoin etc - I would have thought though that all miners would be equally affected by the increase in DAG size uniformly, and thus the overall hashrate would decrease, but along with it the difficulty would drop too so it would be a net even result?
I've just started mining it myself with an RX 460 and get a hash rate of 10Mh/s - does that sound right to you? It's an MSI card.
I assume that the RX 460 MSI card that you have is a 4 gb version. 10 MH/s seems very good - I have seen people getting it to 13 MH/s, but this could cause a lot of GPU Memory errors, which is not good.
Well, difficulty could also rise the price of an ethereum, but yeah, when people stop mining ethereum because their hashrates drop, then we will see another coin go up, and the difficulty of ethereum would decrease aswell, which could lead to somewhere near this profit, that we are earning today, but who knows.
Thanks for replying :)
I'm pleased to know that's a fair speed for that card. I was trying to get something fair but not too expensive. Yes it's 4GB. What would you have picked if your budget was limited and you have Pci-e aux cables if needed?
Is it worth tinkering with it to try to get more speed? I'm not sure where to start with that of it is.
I wonder will price change because of difficulty change? I guess time will tell. I'm curious to see what happens closer to August. Will more move over from Bitcoin as a safe harbour...
With a budget, I think I would have started with just 1 RX 470/570 cheap, and then when it has earned itselves back, I would have brought one more, but keep in mind of your price a kWh. Denmark which is where I live, charges $0.32~~ kWh. Very very expensive, but lately I have earned lots.
PCI-aux? Not sure what you mean here, but I would go ahead and buy a PSU which can handle mining.
I agree, I will hold my currencies and see what happens next, I mean, this is future. Ethereum just have to fix the ongoing lag because of ICOs.
Investing in Bitcoin would be a good idea, as segwit2x soon will be deployed in the BTC blockchain, but remember to store your Bitcoins safely! On your PC/usb... Keeping your coins on exchanges is not a good idea - it could get hacked, etc.
If I buy more GPU, I would go for NVIDIA cards, GTX 1060/1070 as they arent affected by the dropping hashrate.
Thanks for replying :) I appreciate it. I keep little on the exchange after losing 4 Bitcoin to a rogue exchange in 2014ish.
Hi ccmikey, follow-up on the on AMD GPU Polaris slowdown here is a fix :) This should pump up your RX460 :) https://steemit.com/ethereum/@thexmikkel/unofficial-qucik-fix-for-amd-polaris-gpu-ethereum-hashrate
meep
"then we will see another coin go up, and the difficulty of ethereum would decrease aswell"
That's actually not correct - Ethereum difficulty is not related to the amount of hashing going on - it's completely disconnected and growing fast now as they had intend to push miners off the currency so that they can move it from proof-of-work to proof-of-stake, so the difficulty is now rising exponentially.
However, they did decide to delay POS until next year, so hopefully they'll crank down the difficulty before the miners all leave before they're ready.
I agree, I forgot about this, and have been reading about it since I write this article :)
The ETH Dev are talking about EIP-649 atm.
I get 24 mh/s with my Gigabyte RX 480 8GB (no bios mod) at epoch 147, few weeks back it was 26.5 mh/s. Such a drop!! :/
I get 24 mh/s with my Gigabyte RX 480 8GB (no bios mod) at epoch 147, few weeks back it was 26.5 mh/s. Such a drop!! :/
I get 24 mh/s with my Gigabyte RX 480 8GB (no bios mod) at epoch 147, few weeks back it was 26.5 mh/s. Such a drop!! :/