Ethereum XMR hash rate dropped by over 80% after ASIC hard fork

XMR hash rate dropped by over 80% after ASIC hard fork
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XMR hash rate dropped by over 80% after ASIC hard fork

Posted: 08 Apr 2018 11:18 AM PDT

All I can say is I tried. I mined ETH faithfully for the last two years because I believed in Ethereum and the dev team. I never sold a single coin. I like a lot of other miners were extremely disappointed in the dev meeting last week by the slap in the face they gave the GPU miners and refused to even consider moving forward with a very small change to stop the ASICs.

All the miners know, but until now, have been unable to prove Bitmain has driven both hashrates up and prices down by mining our coins and selling them. Well now we have proof as Monero difficulty has dropped by 80% since their anti ASIC fork.

We tried guys, so now comes the inevitable switch of miners from ETH to XMR which will now leave Ethereum vulnerable to Bitmain. Soon only ASICs will be mining ETH.

If you are a miner go to WhatToMine.com and set difficulty and profitability for current. Monero is 2x more profitable than Ethereum. You had your chance dev team to give the loyalist miners a reason to stay with ETH and you laughed at us. We shall see who has the last laugh.

Edit: Everyone that thinks they can possibly convince people that the community is against a hardfork to prevent ASICs are sadly mistaken. Remember last week Vlad took a Twitter poll that showed 57% were in favor and only 13% said no. Because of this I am pretty sure all the people posting on here against a fork are Bitmain hires here to suppress public opinion. Would you support a hard fork that obsceletes ETH ASICs?

submitted by /u/CryptoBlockchainTech
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After over two years of hard work and one of the first ICOs ever DigixGlobal has launched the DGX gold token marketplace today!

Posted: 08 Apr 2018 04:23 AM PDT

submitted by /u/capnal
[link] [comments]

The Rise Of Stablecoins - A brief insight

Posted: 08 Apr 2018 03:58 PM PDT

submitted by /u/BitcoinExplore
[link] [comments]

Digix Market Place Is Live Now!! Buy 1:1 Gold Backed Tokens On The Main Net!

Posted: 08 Apr 2018 04:07 AM PDT

submitted by /u/CrystalETH_
[link] [comments]

Bread added Ethereum sending and receiving! Yay!

Posted: 08 Apr 2018 01:42 AM PDT

submitted by /u/uMCCCS
[link] [comments]

Monero mining was centralized for weeks or months. The community is lucky that Bitmain simply followed economic incentives.

Posted: 08 Apr 2018 01:23 PM PDT

submitted by /u/kingstar11
[link] [comments]

What is the Ethereum teams reaction to the results of the XMR fork? What is the Teams thoughts on the harsh criticism from the community on lack of action regarding a fork?

Posted: 08 Apr 2018 12:55 AM PDT

What is the Ethereum teams reaction to the results of the XMR fork? What is the teams thoughts on the harsh criticism coming from the community on the lack of action regarding a fork?

submitted by /u/thecolordarkroom
[link] [comments]

TIL in ancient Korea there were already Horse Tokens #tokenization

Posted: 08 Apr 2018 01:58 AM PDT