Over the past week we have heard many bits of news of china closing down multiple operations, making exchanges and pools alike shutter their operations and even going as far as putting a production and export ban on mining related equipment. With all of this in motion, when is the real no kidding impact going to occur on the ethereum hashrate for anyone that is actively mining. In this video I go through some of the factors we are looking at related to when we should mechanically see the change to the network and ultimately come to November 1st is when I anticipate the change to the network.
Reference Links
Alibaba shutting down Crypto Mining Hardware Sales
The hammer continues with china bans. If you use Alibaba for some of your cryptocurrency related content Starting October 8th all cryptocurrency related content is being pulled of site. GPU Risers and breakout boards maybe first to see price hikes soon. https://t.co/62arBY0FDq
— Bitsbetrippin (@BitsBeTrippin) September 29, 2021
More details on Bans
BREAKING: China's government bans the sale of #cryptocurrency mining machines in the country. Thus, all leading miner makers, who are based in China, will now sell only to buyers abroad.#bitcoinmining #crypto
— BlocksBridge Consulting (@BlocksBridgeCOM) September 27, 2021
Pool’s shuttering
Sparkpool
— SparkPool (@sparkpool_eth) September 27, 2021
Beepool
— beepool.org (@beepools) September 28, 2021
Looking for Mining Tool / Equipment Key Links
Kill-o-watt Usage meter: https://amzn.to/3lyrc8I
Thermal Grizzly Kryonaut: https://amzn.to/3CwLSVN
Brady Label Maker: https://amzn.to/3zolFGV
7″ USB monitor: https://amzn.to/3tW1ZJ7
FLIR TG165-X Thermal Camera: https://amzn.to/2VS7D2q
Thermal Pads (range of sizes) – https://amzn.to/3zpN1MR
Extreme Core Cooling Graphite – https://amzn.to/3hMqLXC
What to Mine?
https://whattomine.com/
Where to mine, pool status
https://miningpoolstats.stream/ethereum
For a slightly overpriced RTX 3090
Sponsored LINK – Compass Mining
https://tinyurl.com/CompassMining
Sponsored Link for Simplemining.net – Hook yourself up while hooking us up!
https://simplemining.net/ref?user=bbt
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