Post
Topic
Board Mining (Altcoins)
Re: Sapphire Radeon RX 580 recommendations, please
by
Raja_MBZ
on 21/06/2018, 21:44:19 UTC
now that ETH is going to go PoS you are going to add more cards to the network with the hashrate skyrocketing??? OMG.......... people are just Fu---cking up this.

I don't understand, does this mean mining with a GPU will be more difficult soon?

Ethereum is going to Proof-of-Stake (PoS) from Proof-of-Work (PoW). No official date has been announced yet; it'll probably be the first quarter of next year.

Mining difficulty has been constantly rising for Ethereum (see the graph here); once it goes PoS, it'll be somewhat a trouble for GPU miners as then they won't be able to mine Ethereum. Still, once it goes PoS, you'll have many other coins (using mine-able algorithms like ethash, cryptonight, equihash, etc) to mine. However, imagine all this hash switching from Ethereum to other GPU-friendly coins, it'd definitely create a huge difficulty increase in those coins and it'd be quite interesting to see how the market reacts after that.