Quote from: thevictimofuktyranny on August 03, 2016, 05:16:03 PM

Quote from: grrrgrrr on August 03, 2016, 04:05:13 PM

Quote from: sp_ on August 03, 2016, 07:59:15 AM

MCAP etherum: $789,507,931
MCAP etherum classic: $ 219,019,007

Miners are moving to etherum classic for more profit.
Etherum classic also have 50% more trades on the exchanges and the price is climbing.
ETC will never go POS, and it can become a goldmine for the miners for years to come.
Decentralized, and not controlled by any government, bill gates or the rest of the clowns.

Code is Law.

What about that "mining bomb"? I heard there's a block time explosion in a year.

Nope, that is not true at all!

In January 2017, the dag file will go over 2GB in size.

All this means, any GPU with 2GB will not be able to mine ETH.

But, 290's, 390s, Fury, Nanos, 480s all ship with 4GB or of more memory as standard.

Hardly worth mentioning, unless you own a huge stack of AMD GPUs that are 270s or 370s.

I think grrrgrrr meant this:

Quote from: bathrobehero on June 11, 2016, 09:33:34 AM

There's a difficulty bomb in place for Ethereum which means the difficulty keep increasing regardless of miners:

Quote from: https://blog.ethereum.org/2015/08/04/ethereum-protocol-update-1/

Difficulty adjustment scheme

A lot of you have been wondering how we would implement a switch from PoW to PoS in time for Serenity. This will be handled by the newly introduced difficulty adjustment scheme, which elegantly guarantees a hard-fork point in the next 16 months.

It works as follow: starting from block 200,000 the difficulty will undergo an exponential increase which will only become noticeable in about a year. At that point (just around the release of the Serenity milestone), well see a significant increase in difficulty which will start pushing the block resolution time upwards.

So, a year on, the network will continue to be useful for roughly 3-4 months, but eventually will reach an Ice Age of sorts: the difficulty will simply be too high for anyone to find a block. This will allow us to introduce PoS, perhaps via Casper, if it proves itself.

I guess it will be defused with a soft fork.