Slow Death for MIners
Metropolis will increase the difficulty but I believe it should push the Price of ETH up a little because of fewer supplies of ETH
Topic: ETH Metropolis is coming, what to expect? - page 2. (Read 2680 times)
You can expect the difficulty bomb to get ~30% worse on August 24th along with increasing block times and another difficulty ramp up on September 24th until the Metropolis release is pushed out, where the block times will go back to 15 seconds along with a reduction in the block reward to ~3 ETH.
After that, when Metropolis will be active, will we probably earn the same amount as today?
You can expect the difficulty bomb to get ~30% worse on August 24th along with increasing block times and another difficulty ramp up on September 24th until the Metropolis release is pushed out, where the block times will go back to 15 seconds along with a reduction in the block reward to ~3 ETH.
Guys, I read this:
https://cointelegraph.com/news/ethereum-announces-metropolis-hard-fork-coming-late-september
Finally, the upgrade includes a ‘Difficulty-Bomb’ intended to make mining exponentially more difficult.
But Carter form Bits be trippin channel says:
This article needs to be corrected. It actually is delaying the current difficulty bomb that has been active on the network since May. This should put 'difficulty' back and predicated on network hash mining power. This will allow for the network to retarget block times back down to near 15 seconds. In addition they are looking to reduce the total token inflation by reducing the current block distribution of 4.95 ethereum per block to somewhere around 3 ethereum per block/ effectively like a 'bitcoin' halving.
What really expected?
The difficulty will decrease and the reward is decreasing to?
if yes, we will probably continue to gain the same in fiat currency?
https://cointelegraph.com/news/ethereum-announces-metropolis-hard-fork-coming-late-september
Finally, the upgrade includes a ‘Difficulty-Bomb’ intended to make mining exponentially more difficult.
But Carter form Bits be trippin channel says:
This article needs to be corrected. It actually is delaying the current difficulty bomb that has been active on the network since May. This should put 'difficulty' back and predicated on network hash mining power. This will allow for the network to retarget block times back down to near 15 seconds. In addition they are looking to reduce the total token inflation by reducing the current block distribution of 4.95 ethereum per block to somewhere around 3 ethereum per block/ effectively like a 'bitcoin' halving.
What really expected?
The difficulty will decrease and the reward is decreasing to?
if yes, we will probably continue to gain the same in fiat currency?
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