Everything you need to know about the current state of Ethereum cryptocurrency mining and the future of mining ETH.
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Ethereum mining has had millions of new hardware introduced to their network this year, and their Proof Of Work has rapidly changed with the induction of Ethereum ASIC miners. Today I review the current Ethereum price, current Ethereum mining profitability, rumors and confirmation of Ethereum FPGA miners, Innosilicon and Bitmain ASIC Ethereum miners, Ethereum dev. team delaying their hard fork and widely open acceptance of testing and potentially adding ProgPoW to the now delayed Constantinople ETH hard fork (now set for early 2019), and my overall summary of the Ethereum mining situation.
Watch the referenced ETH stream here - http://bit.ly/2D1l7xS
Should you mine Ethereum, is it profitable to mine Ethereum now or what about later this year or perhaps you're wondering what hardware is the most profitable for ETH mining? I review the top ASIC miners, touch an GPU mining ETH, and show some of my research on FPGA mining Ethereums Ethash PoW algorithm -- which is NOT FPGA resistant/proof.
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ifdefelse ProgPow github - http://bit.ly/2x95mAo
Ethereum dev livestream official notes - http://bit.ly/2Sb1xDH
TSMC states lower crypto mining demand - http://bit.ly/2D0DHGp
Ethereum Ethermine FPGA rumor Add. - http://bit.ly/2Aqdkam
Ethereum DevCon 4 Prague - http://bit.ly/2z7haDF
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It's a shame it took so long for the Ethereum devs to finally take ProgPOW (or ASIC resistance) seriously, because it could have already been implemented by now if they had jumped on it from the start. But at least now they're finally on board, by the look of it. It's the only way to keep small-time miners in the game and maintain acceptable levels of decentralization until PoS eventually arrives.
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Hey man! I'm glad to see you are here and that this is an account actually managed by you guys.
I consider you one of the good guys of crypto among a sea of scammers. LOL I seriously appreciate your honesty, research, and straight forward nature of your videos.
I ended up in a similar situation as you are in now with your GPU rigs back in the 2013 / 2014 boom cycle so I understand the feeling and I have certain rules in crypto I have to live by now. One being to not try to mine unless you have $0.04 / kwh power or less otherwise you don't make it through the valley's in crypto.
I seriously want to help you out and start generating additional revenue from your content and crypto efforts. Like I said you are one of the good guys of crypto. I have more STEEM power coming but Binance withdraws are shut off right now but I have started my weekly buying at this point to go in pretty heavy for this next boom that may take 6 months to 2 years to get here. Yeah that will suck but it is unfortunately is the reality.
In regards to STEEM this short video gives a little bit of insight. If you post through Busy.org and the eSteem mobile app you can get upvotes from them and greatly increase your payout. Again we are in a down period so it may never feel like you are getting paid what your effort is worth but if you can withstand the pressure it can payoff.
Here is a short explanation about posting through eSteem and Busy.org. Also a lot of us have joined WhaleShares.io and double post over there as well. It is a STEEM clone with a little bit of differences and we are liking it over there as well.
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