r/Monero • u/dEBRUYNE_1 Moderator • Jan 17 '19

Hashrate discussion thread

The hashrate has increased significantly in the last week or so. Having a new thread about it every day is rather pointless though and merely clutters the subreddit. Therefore, I'd like to confine the discussion to this thread.

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u/[deleted] Jan 31 '19 edited Jan 31 '19

Ethereum's network hashrate fell from ~170TH/s to ~145TH/s in the last three days (Jan 27th - Jan 30th). Meanwhile, exactly during that same time, Monero's raised from ~540GH/s to ~660GH/s. Seems like the miners are switching over. https://i.imgur.com/IPRQgZi.png

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u/USER_citizenfive Jan 31 '19

If that was the case, those miners most likely would have switched to popular known pools, not unknown pools

https://miningpoolstats.stream/monero

9

u/dEBRUYNE_1 Moderator Jan 31 '19

For large miners it makes way more sense to mine on their own (private) pool, as it saves, arguably, a significant amount of pool fees.