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I'm not sure what your point is. Do a similar calculation for the ETH difficulty and there are a lot more GPUs mining ETH....which are going to crowd into ZEC
by rothbardrand 9y ago
I'm not sure what your point is. Do a similar calculation for the ETH difficulty and there are a lot more GPUs mining ETH....which are going to crowd into ZEC and ETC. IF you have 10,000 GPUS mining ETH and you have to move them in a few months, are you going to now be adding another 1,000 GPUS?
- mrb 9y agoI was replying to "There are just not that many coins out there that are GPU mineable to support really massive operations, like a full 747 of GPUs." And I pointed out that's not true because 1 airplane-load of GPUs represent only a tiny minority of the mining power of just 1 cryptocurrency like ZEC. Also you seemed to assume this airplane-load of GPUs is meant for Ethereum, but Genesis Mining (the miner who rented a 747) already mine ZEC and other alts. Finally, I would wager there are probably more (at least as many) GPUs mining all other coins combined than GPUs mining Ethereum (2 millions or so).
- rothbardrand 9y agoI'm assuming most GPUS are mining ethereum and that this will change. (not the airplane load, I don't think the airplane load even exists) But you are right there's a huge number of GPUs out there. My main point is there is going to be a big shift to the others from ethereum when ethereum becomes less profitable...