What impact did the Ethereum DAG size have on mining in 2017?

3 answers

• BennyMay 19, 2023 · 3 years ago
  The increase in Ethereum DAG size in 2017 had a significant impact on mining. As the DAG size grew, it became more resource-intensive to mine Ethereum. Miners needed to have more powerful hardware, such as GPUs with larger memory capacities, to keep up with the increasing DAG size. This led to increased competition among miners and a higher barrier to entry for new miners. Additionally, the larger DAG size also increased the time it took to mine a block, resulting in slower block confirmation times.
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• Nshuti Remezo ThierryDec 02, 2022 · 3 years ago
  Oh boy, the Ethereum DAG size in 2017 was a real game-changer for mining! It was like trying to run a marathon with lead weights tied to your ankles. The DAG size kept getting bigger and bigger, making it harder and harder for miners to keep up. It was like a never-ending race to upgrade your hardware just to stay in the game. And let me tell you, those GPUs weren't cheap! But hey, that's the nature of the beast in the world of crypto mining.
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• Carr MirandaApr 11, 2023 · 3 years ago
  The Ethereum DAG size in 2017 had a significant impact on mining. It required miners to have more powerful hardware to handle the larger DAG size, which increased the cost of mining. Miners had to invest in high-end GPUs with larger memory capacities, which were more expensive. This made it more difficult for small-scale miners to compete with larger mining operations. However, it also led to increased specialization in the mining industry, with companies like BYDFi offering specialized mining hardware and services to meet the demands of the larger DAG size.
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