what's going on everyone and welcome to the Rabid Mining youtube channel today we're kind of having
a look at the timeline of the ethereum difficulty bomb so they are delaying it here we're going to
see you know the effects it could have when it'll actually take place and just so you all know
this does not affect the merge or so they say it doesn't and just because when we're looking at
these numbers the merge could happen at any time before we start seeing these increased block times
so this is more of a cushion for the dev team but at the same time as miners and profitability this
is something we're going to want to pay attention to so we do have a retweet here from tim baco from
go ethereum and they have a mandatory update going out that everyone does need to actually
do that's running nodes and whatnot by june 29th so that's their estimated time when they do plan
to have this hard fork now this is not the date that the bomb is going to be getting delayed it's
going to happen at a certain block height but it looks like this will be implemented around june
29th at the time of recording today is the 15th so about two weeks from now watching this tomorrow
it's gonna be one day less so to get all the information together it did take a few websites
because it doesn't seem like they put everything together in the exact same spot it's really hard
so if you know a place where they actually have everything on one solid site or sheet or something
let me know because i have to really go around to different links and everything just to get
an idea of what's going on here all right so it does look like i already messed this up so
the gray glacier hard fork will will actually be activated at this block height which according to
the tweet is exactly what they say at the fork of the 29th so this is the date that they're thinking
will go through now remember depending on the hash rate and the difficulty bomb itself slowing down
those blocks anything in the future is going to slow down so let's just take a look when to expect
this date over at minerstat.com it does look like the block height actually it does say june
27th now which is two days early and just when i hit the record button this was actually saying
july first so this is fluctuating around three to four days currently right now so as we get closer
you know keep in mind anywhere between june 27th which is the end of this month and a couple days
shorter than the tweet upwards of maybe july or july 1st or july 2nd because depending on
the difficulty bomb slowing down those blocks as well as hash rate coming on the network and coming
off of it depending on price you know the blocks found and time found is definitely going to keep
increasing and decreasing making this constantly change and we already gained a day to june 28th
so like i said it's always going over so but once this does finally go through whenever this block
height does hit that will drop the block time from 14.4 seconds what we're currently seeing
back down to that 13 second mark so now we need to know when will the difficulty bomb
go off again and when will we start feeling it so there are two different scenarios going on
originally they extended about 700 000 blocks from the previous difficulty bomb that went off
so originally the difficulty bomb last time went off around mid-april we all thought it was going
hit in like june or july that's when they predict that we're gonna start feeling the effects of the
current difficulty bomb but it did go off in the round the middle of april and then you fast
forward to where we are it took about two months to hit this you know 14 and a half to 14.7 second
mark so if they were to extend it 700 000 blocks from when it went off in rough april remember
that's an estimate i have in april it was around mid april but i don't know exact block height so
i can't estimate up to today but we're looking at about august 2nd of when this difficulty bomb
would go off again if they extend it from the previous time when it went off so looking at
august we still have two more months until we hit the same block times that we do have today
that's about october in terms of where we are at the 14.5 getting up to the 15 second mark so that
still gives us an additional one to two months after that that ethereum devs have to implement
potentially the merge if they aren't ready yet because they are okay with potentially 25 second
block times as they did indicated in the past so that's actually an interesting timeline because
if we're starting to feel today's effects in like october then that means they can go to november
december to implement the merge if they're not quite ready then they'll have to delay it again
but we're getting close to the end of the year and the holidays and usually when it gets close
to that december mark i don't really expect the devs to do really anything at all because they
usually take that month off they forgot to even delay the difficulty in past years in the past
because it was in december so that is one timeline and remember this is constantly changing now we're
down to august 1st we already lost a day here but again it all comes down to the blocks being found
and the current state of the current difficulty bomb that's already in effect so let's look at
another timeline now based off a different article i did find on this eip 5133 so here they actually
mentioned that they don't expect the bomb to go off now here they're actually stating that the
bomb will go off at this block height and that's kind of way past our original prediction of them
moving it from the current one which is what they always usually do but now it looks like they're
running into a whole new scenario here so now based on the chart there that they have to guess
when this block to be mined to release the whole bomb that's when it's going to go off and explode
see if there's an update here so yeah september 9th so now we have two months after september
till we actually start feeling the effects like we are today and right now really realistically
there's you know it's getting a little bad in terms of mining but it's really not that
bad the block times we're still getting four per minute so september we're now looking at november
until we start feeling the effects currently and then that gives us another till december
potentially january until we start seeing the 25 second block times so right now in terms of
the difficulty bomb it's definitely looking like ethereum mining is just fine up until at least the
end of the year now because we're getting close to the end of the year and they really wanted to push
it this summer and there's a lot of rumors going on the background about 2025 a lot of different
money coming in from different various areas you know what if they just keep giving us these three
month time frames over the next two years until 2025. this could very much be a thing we have no
idea what's going on in the background if they're taking money from large mining farms or something
who knows maybe it's a giant conspiracy but we're getting very close to potentially next year but
remember at any point in time they can release the merge before all this if they're ready to go
they can drop that tdt value kill off the mining because the difficulty is so high
drop the merge and we'll be you know all on pos side but basing everything off the current
difficulty bomb things look very interesting until you know potentially december or january
of next year so that's two kind of scenarios we got going on for difficulty bomb timelines and
times of you know block rewards and when we'll start feeling the next difficulty again once it
does come into play but there's two different variants here but both of them kind of lead
to the end of the year one will be a lot more difficult than the other by the time december
hits but again we have no idea what's going on let me know what do you guys think is going on
in the comments below i will see you on the next one and keep on mining thank you for watching my
video and if you haven't seen one of these be sure to check them out and if you've already seen them
maybe you missed some might have to watch it one more time and if you just let it play in the
background that's all right as well i do try to live stream every weekend as well as every couple
days during the week so be sure to be subscribed so you don't miss that as always have a great day