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Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts (Read 10470 times)
Ethereum Classic Update ~6 months after the Merge.
It appears stability has returned to Ethereum Classic with the return of its hashrate. The ETH Foundation appears to not be hostile to ETC now that they have moved to PoS. We will see if the principles of the network result in meaningful adoption during this next bull cycle. There is a lot that needs to be built on ETC, but we are seeing the early signs of material investment from the Proof of Work sector coming into the Ethereum Classic ecosystem.
Expectation: ETC is currently in ETH's 2016-2017 maturity stage. However it has the hindsight of watching the EVM space rapidly grow. I expect it catch up to the 2023 narrative in short fashion. However it is notable that there is a lot of infrastructure missing on top of ETC. So it is not as simple as deploying a dapp. Community building and investment similar to what we witnessed with BSC or other EVMs is required to bring it up to date. But ETC is starting with the great reality that it is adopted in a majority of the blockchain space due to ETH forking away from ETC. Any ETH integration was effectively an ETC integration over the years due to the protocol parity maintained from 2016 to 2022.
- Ethereum Classic is now the largest proof of work network in the smart contract sector. Due to this paradigm shift, the mining industry seems to be growing rapidly. Network hashrate is bouncing between 120-130 th/s, up from 20 th/s before the Merge.
https://2miners.com/etc-network-hashrate - Many ASIC miners are focusing their marketing efforts on ETC specific miners. Bitmain has allocated $10mm to a public grants program to development on top of Ethereum Classic. It is likely we will continue to see the mining industry adopt Ethereum Classic as their EVM of choice.
https://etcgrantsdao.io - It appears there is the early foundations to a Web3 ecosystem forming on Ethereum Classic. This should increase on-chain activity and add functionality to the ETC asset. As adoption happens here, we should see on-chain activity see exponential growth and sell side pressure decrease.
https://ethereumclassic.com - Off-chain centralized exchange activity routinely highlights ETC as one of the most active assets for this sector by trading volume.
https://www.coingecko.com/coins/ethereum-classic
It appears stability has returned to Ethereum Classic with the return of its hashrate. The ETH Foundation appears to not be hostile to ETC now that they have moved to PoS. We will see if the principles of the network result in meaningful adoption during this next bull cycle. There is a lot that needs to be built on ETC, but we are seeing the early signs of material investment from the Proof of Work sector coming into the Ethereum Classic ecosystem.
Expectation: ETC is currently in ETH's 2016-2017 maturity stage. However it has the hindsight of watching the EVM space rapidly grow. I expect it catch up to the 2023 narrative in short fashion. However it is notable that there is a lot of infrastructure missing on top of ETC. So it is not as simple as deploying a dapp. Community building and investment similar to what we witnessed with BSC or other EVMs is required to bring it up to date. But ETC is starting with the great reality that it is adopted in a majority of the blockchain space due to ETH forking away from ETC. Any ETH integration was effectively an ETC integration over the years due to the protocol parity maintained from 2016 to 2022.
ETC block reward is about to decrease in 12days, check out the link for the lateset info.BTW, f2pool is one of the world's leading mining pool which supported ETC mining long time ago. More and more miners are turning to ETC,because miners do not have many options after ETH2.0.
https://www.f2pool.com/halving.
https://www.f2pool.com/halving.
Miners are mining for profit, and that's about it.
most miners buy when there is potential profit
some are selling the mined coins others hodl and others in the current situation are mining in loss and hodl everything
There is any DEX on ETC?
Vitalik correctly said: everyone had to switch from ETH to ETC!
And so everyone was sprayed on different coins and it turned out - zilch!
To earn money on mining, you had to choose one coin!
And so everyone was sprayed on different coins and it turned out - zilch!
To earn money on mining, you had to choose one coin!
Not really...to earn money from mining, price must go up, or hashrate/difficulty has to go down, simple as that
Vitalik correctly said: everyone had to switch from ETH to ETC!
And so everyone was sprayed on different coins and it turned out - zilch!
To earn money on mining, you had to choose one coin!
And so everyone was sprayed on different coins and it turned out - zilch!
To earn money on mining, you had to choose one coin!
ETC hashrate going up nicely today - https://2miners.com/etc-network-hashrate
hitbtc i killing the etc market .
you can deposit but cant withdraw .
you need to sel for 50% prices .
everybody make your complain
you can deposit but cant withdraw .
you need to sel for 50% prices .
everybody make your complain
I wonder why is anyone still using Hitbtc
hitbtc i killing the etc market .
you can deposit but cant withdraw .
you need to sel for 50% prices .
everybody make your complain
you can deposit but cant withdraw .
you need to sel for 50% prices .
everybody make your complain
I believe that ETC is gaining strength and gaining acceptance from a community that values decentralization and freedom!
nah, just ethereum miners looking for other coins to mine and ETC is one of their best and only options.
many options, have ltc, zcash, monero, doge, DigiByte and so on. https://coinmarketcap.com/view/pow/
only doge, ltc, etc, monero are in the top 30, and ethereum has x20 hashing power than etc
next week is going to be wild
I believe that ETC is gaining strength and gaining acceptance from a community that values decentralization and freedom!
nah, just ethereum miners looking for other coins to mine and ETC is one of their best and only options.
many options, have ltc, zcash, monero, doge, DigiByte and so on. https://coinmarketcap.com/view/pow/
I believe that ETC is gaining strength and gaining acceptance from a community that values decentralization and freedom!
nah, just ethereum miners looking for other coins to mine and ETC is one of their best and only options.
I believe that ETC is gaining strength and gaining acceptance from a community that values decentralization and freedom!
Me too... buying ETC for a year already
I believe that ETC is gaining strength and gaining acceptance from a community that values decentralization and freedom!
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Features • Pool and Solo Mining • No Registration Required • We Pay Full Reward (block reward + tx fee + extra) • Exchange Wallet Support (Integrated, PaymentID, Subaddress) • Earnings Estimation Based on Current Hashrate • Per Rig Statistics • Worker HashRate Charts • E-Mail Alerts of Rig Down • Fully compatible with NiceHash and MiningRigRentals • Configurable Minimal Payout • Static Difficulty Support Support • Discord Channel: https://discord.gg/gvWSs84 • Telegram Channel: https://t.me/HeroMinersPool • Twitter: https://twitter.com/HeroMinerss |
Welcome & Happy Mining!
HeroMiners ❤️️ since 2018
How to mine ETC, https://f2pool.io/mining/guides/how-to-mine-ethereum-classic/
Don't get two steps behind
Don't get two steps behind
Mining etc is a good solution because the price rises more than 300% in a month, of course many are sorry for selling when dip, but I'm sure if we buy now then the profit opportunities are still large because I'm sure when the market is recovered then the price of etc can $ 100 or pass through ATH in 2021.
How to mine ETC, https://f2pool.io/mining/guides/how-to-mine-ethereum-classic/
Don't get two steps behind
Don't get two steps behind
We have expectations with ethereum on ETH 2.0 ( proof of stake) but nothing from ETC. Have not touched or own ETC in the last 5 years and no reason for purchase or use, not for gas or crowdfunding etc, is it not dangerous for the coin. I dont expect an immediate effect of fifthening on the price of ETC but is the coin improving in holdings?
etc sucks donkey balls
barely no coin survives in the bearish trend
but, lucky for the miners, as long as the profit covers the cost, you just keep on mining,selling and withdrawing the money
if someone is searching for mining pools, try f2pool
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