My sources in Shenzen shared with me that come November, we may see a sharp drop in hash due to 4GB cards going offline. This should give us enough time to get ready...
Yes, this is why I jumped in whole hog on new cards, ETH doubling was just gravy. I expect to see a 25-50% hashrate drop.
I am thinking this could last until early january.
just remember that the bitmain eth miner can be upgraded to more ram and mine .
the miner was not very efficient so if they used all the same parts but more ram 🐑 it would not be as good as amd 5700.
i would think they could make one with more ram and more efficient. I would look out for this to occur.
May take until January and wont be done unless mining ⛏ keeps doing well.
This fear of mine has prevented me from really pushing on buying cards.
you all remember when DAG was inside the hard drive at the early days of ETH mining?, it was moved inside VRAM for faster hashes.
so, if a miner dev develops a miner to put DAG inside RAM, NVME/SSD, might still push these 4gb cards if the hashes per watt are still in "profitable" area. same thing with ASICS.
the gpu mining edge is the tech- the VRAM, I hope gddr6x can bring a huge generational leap vs gddr6, gddr5x and gddr5.