new record on hashrate for ETH.
262350 Gh/s.
WTF is happening here??? This is destroying profit!!!!!! OMG!!!!!!!
4 hours ago we had 252.000GH/s.
As time passes by , more and more and more GH are joining the pool while THIS IS BECOMING LESS PROFITABLE. Are the people really mad?? Or is it that people have definetely abandoned many many many other coins???
In early June I calculated 10.5 mil 1060s on Ethash, 2.5 mil 1060s on Equihash. With Equihash ASIC and no zcash fork (75% of equihash nethash), 2 million + 1060s need a new home. And they will flock to Eth.
+20% difficulty in Eth is expected. Even more if new GPUs with GDDR6 and better hash rate launches.
ETH won't last that long. This year PoS will crash mining. Hope people still buying gpus for mining get totally rekt. Also for ASICS.