True that. I was reading a discussion on r/Monero earlier today (I can't quote it because reddit doesn't work at work); someone commented that the ASICs were probably placed in service in mid-Septemberish. Basically, the huge surge in difficulty equated to ~400,000 Vegas placed in service over about a month (basically impossible with the HBM shortages), or about 4000 of these units (totally doable for Baikal/Bitmain). Actually it wouldn't shock me if we find out later that the "botnets" were FUD spread by Baikal/Bitmain.I guess that explains the ~75% of the Monero network from unknown sources. It wasn't all botnets, it was Bitmain "testing" their miners.
Probably not, people will speculate that the difficulty will drop. And hit the living crap out of Monero with Nicehash to mine the dip. Probably not 500MH/s worth - but I highly doubt we will see difficulty drop to September levels.But what happens to them if the algorithm changes? Do the ASIC's value go to near 0 for Monero? Will the difficulty drop like a rock?
Those are the major questions I think need answering.
My big question right now is that FPGA ASIC miners can be brought down by changes by Monero and any fork, but can server CPUs adjust to any changes and keep on mining?I wonder if the initial batch was not already in the market mining Monero given the difficulty increase it has seen. At these specs, you could essentially run them for a few months, then push to the market just before you knew Monero would hard fork.
That is the hope. I've heard Monero was going to just switch to the Equihash algorithm, which would pretty much kill CPU mining for all but the botnets. Plus there are probably already Equi ASICs out there that just haven't been "released" yet.My big question right now is that FPGA ASIC miners can be brought down by changes by Monero and any fork, but can server CPUs adjust to any changes and keep on mining?