Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
zepaulim
on 07/02/2016, 05:39:41 UTC
Ethereum forum, they made a calculation and said most GPUs won't be able to mine Ethereum due to DAG limit. Only 4GB and higher will work.

Do you have a source for this calculation? Someone is making a mistake here. The DAG will be 2.24gb in exactly one year. Not over 3gb in 45 days.

Please also see https://github.com/ethereum/wiki/wiki/Ethash-Design-Rationale

QUOTE FROM SITE:
Quote
The ~0.73x per year growth level was chosen to roughly be balanced with Moore's law increases at least initially (exponential growth has a risk of overshooting Moore's law, leading to a situation where mining requires very large amounts of memory and ordinary GPUs are no longer usable for mining).

Furthermore, mining phase will finish in serenity, which is a year away.

That makes the window to make a profit very narrow.  Cheesy Should start assembling my mining rig right now.