Anyone catch the ETH dev call today? If so can you summarize the conclusion because I still don't understand whether ProgPOW is a go or not. Seems that people were for and against it and now I don't know where we stand.
Either way. Apparently the Antminer E3 accounts for around 40% of the total ETH hashrate. There was a nonce fingerprinting done similar to what was done with XMR old algo and it turns out that 40% is from the certain ASIC. It was released by BitsbeTrippin and you can find it on their twitter. So in about a month or so around 40% of the hashrate is going to disappear.
This is why I never trusted ETH most likely they won't go to ProgPOW they really don't care about miners much.
At least we will get a boost when the asics die off. I do think those machines could be tweaked to have more ram.
I wonder if someone (Bitmain) has a lot of higher memory machines in hand mining in the background.
They reach out to ETH dev and poof no algo switch.
This would mean that 40% hashrate drop will be 30% as bitmain had 1 in 4 machine on the network and they have jack up memory.
Which is why they made sure to build the units with ddr2 not ddr3 ram. The 3 of 4 units out in the wild won't find much ddr2 to upgrade with.