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Has anyone's ethereum hashrate gone down lately?



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 2 months ago '18        #1
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PooPoopops  topics gone triple plat - Number 1 spot x3
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Has anyone's ethereum hashrate gone down lately?
 

 
In the last 2 days it's decreased 15%
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 2 months ago '10        #2
Shhon 
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 PooPoopops said
In the last 2 days it's decreased 15%
triple halving, i think
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 2 months ago '19        #3
Newbie2019 
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 Shhon said
triple halving, i think

So what's supposed to happen?

 2 months ago '18        #4
PooPoopops  topics gone triple plat - Number 1 spot x3 OP
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 Shhon said
triple halving, i think
Wat dat mean

 2 months ago '10        #5
Shhon 
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 PooPoopops said
Wat dat mean
 Newbie2019 said
So what's supposed to happen?
To construct a block, miners make a list of all transactions that have been submitted since the previous block was created. ... So the halving of the block reward means that miners' income fell almost in half overnight. That sudden decline in the rewards for mining means that the mining is suddenly a lot less profitable.
Not completely sure when the halving was happening but just heard it's happening soon for ethereum.
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 2 months ago '18        #6
PooPoopops  topics gone triple plat - Number 1 spot x3 OP
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 Shhon said
Not completely sure when the halving was happening but just heard it's happening soon for ethereum.
So I'm a*suming that affects hashrates?
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 2 months ago '10        #7
Shhon 
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 PooPoopops said
So I'm a*suming that affects hashrates?
I dont think so...

Just the reward from mining.
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 2 months ago '04        #8
CrAkKedOuT 
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What you using to mine?

Personally never witnessed my hashrate go down after a halving so must be something else.
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 2 months ago '18        #9
Browneyezz 
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You have to factor in difficulty... hash rate declines when difficulty rises..

If you think it’s bad now wait for another 3 days when eip1559 is implemented
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 2 months ago '18        #10
PooPoopops  topics gone triple plat - Number 1 spot x3 OP
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 Browneyezz said
You have to factor in difficulty... hash rate declines when difficulty rises..

If you think it’s bad now wait for another 3 days when eip1559 is implemented
Is the difficulty going to go up for Eth Classic as well?

 2 months ago '18        #11
Browneyezz 
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 PooPoopops said
Is the difficulty going to go up for Eth Classic as well?
I’d imagine yes. With EIP1559 right around the corner and more miners looking to keep their rigs as profitable as possible they’re gonna be running these other algos to keep it consistent.

Another factor we are seeing is that the Chinese miners that were forced to shut down are finally going back online and due to them probably relocating .

So it’s a lot of factors at play.

But in terms of ethereum... one of the lead devs said if there is any miner looking to focus purely mining Eth then they’d ideally want to be at break even on their equipment by end of this year.


There are other options to mine, but I can imagine that those difficulties will be also rising rapidly (rvn , eth classic, etc)...

My best recommendation is try to get free electricity and run it until ETH 2 goes live
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 2 months ago '04        #12
$tackBundle$ 
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Ahhhh sh*tty proof of work at play. Proof of stake is where it's at
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