Thanks for the links

Holly Shit! Today, according to
https://miningpoolstats.stream/monero

XMR Network Hashrate = 528 MH/s
Sum Hashrate Belongs To Known Pools = 330 MH/s
UNKNOWN POOLS Hashrate = 528-330 = 198 MH/s ~= 200 MH/s

UNKNOWN POOLS Hashrate Sum Hashrate Belongs To Known Pools = 0.6 i.e. 60%.

XMR Price = $42

XMR Network Hashrate XMR Price = 528 42 = 12.5.

Exactly year ago, January 2018, XMR Network Hashrate ~= 500 MH/s, XMR price ~= $400,
XMR Network Hashrate XMR Price ~= 1.25

https://bitinfocharts.com/comparison/monero-hashrate.html#1y
https://bitinfocharts.com/comparison/monero-price.html#1y


You see, 1 year passed, XMR Network Hashrate ~= 500 MH/s as it was, but price dropped catastrophically from $400 to $40,
-------------------

Dear Community Members, do you still believe this is NOT either 51% Attack or Hidden ASICs?!

Good point about ETH. They are cutting their mining reward by 30% and it is happening on Wednesday. That's a HUGE amount of hash rate that is being effectively given the boot.

You are using too short time span at looking into this. Check this chart:
https://bitinfocharts.com/comparison/monero-difficulty.html

The hashrate now (to me at least) seems more like return to normal after low hash period than anything else.

What is up with monero hashrate is there new ASICs created for monero ?
hashrate increased TOO MUCH what is going on ?
its not profitable for GPU mining at all. i know no one cares but there is FPGA or ASIC on network very likely.

Or you can use our charts: https://xmr.ru/charts/

Man, I don't say there is a reason for panic, there is a point to think on our steps to PREVENT future panic. Your mistake is that you consider high network hashrate only APART of other signals of danger, you just see one step near you, not far a bit.

1. There is no big deal with hashrate itself, THE PROBLEM is how is this hashrate distributed among Known Pools. The danger is that 100% of new creepy hashrate DOES NOT BELONG TO KNOWN POOLS AT ALL. Unknown hashrate ~= 200MH/s while Known hashrate (belongs to Known Pools) ~=300 MH/s, so Unknown hashrate ~= 60% of Known hashrate. Note, I even don't speak that ASIC or Botnet owners MAY use known pools : they MAY but they DON'T. THIS IS THE MAIN PROBLEM THAT SEEMS LIKE 51% TRY-ATTACK.

2. Don't compare hashrates alone. Compare them IN PAIR with XMR price. For simplicity consider exactly 1 year period. Today hashrate ~=500Mhz, price ~=$45, but A YEAR AGO hashrate ~=500Mhz AS WELL (nothing changed) but price was ~= $400.

You can see easily that mining profit drooped in ONE YEAR for TEN TIMES, not 2, not 5, but 10 times. Our Honest Miners that pay for electricity are becoming bankrupts right now!

All we remember Bitcoin past at 2010-2011. When did Bitcoin mining begin to be completely UNprofitable to mine with GPU?! WHEN FPGA and ASICS came to the scene!!!

But official politics of our community is to be FPGA- and ASIC-resistant, or generally speaking TO BE RESISTANT AGAINST ANY SPECIFIC MINING HARDWARE.

When honest miners with GPUs that pay for electricity can't mine and become bankrupts - THIS IS DIRECT VIOLATION OF THE COMMUNITY POLITICS.


May be you are right... Can you place here links to XMC hashrate/difficulty chart?

Your numbers are off. Year ago we were few weeks away from 1000 Mhash (or 1Ghash) because of ASICS. Sure the price was multiple times higher in USD terms because of BTC sitting at almost 20 000$, but in BTC terms we were "only" about 2x - 2,5x higher. Hashrate now is the same as it was last November and the price in BTC terms was similar. I still think ASICS manufacturers would be foolish and essentially throwing money away if they were building new ASICS for Monero because they know Monero will just change the POW again. All that development cost for nothing (or almost nothing).

Where did you do this exchange operation?
You have to ask this question to your agent-middleman-broker (whatsoever…) company.