Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum+Decred GPU Miner v4.5 (Windows/Linux)
by
citronick
on 08/06/2016, 20:24:14 UTC
By the time you get the new card, you will mine the same amount with the same price as the difficulty will be much higher.

You have a valid point there.  By the time they come out and a ginny pig spends $200 to find out if it will mine ETH and we get word of it, it's quite possible my 3,000 MH/s from 100 x MSI 390's will have mined approximately $10,000 worth of ETH at current difficulty, block time and price of ETH.

That's $10,000 towards a $34,000 to $35,000 investment.  That investment could be paid off in 4 months.

I'm an ignoramus as to how ETH works.  Any idea who or what determines when ETH changes from POW to POS?  Of course, I could research to find out for myself.  However, if someone knows the answer, I would appreciate the info.


I was researching this topic earlier this year and find this link best to explain POS/Casper and Life after POW.

http://ethereum.stackexchange.com/questions/3523/how-do-miners-profit-post-pos-if-at-all-how-will-new-miners-get-their-start-a?rq=1