Miners:- Unable Over Constantinople HardFork

nc50lc

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Quote from: Sandus_Cryptolover on March 10, 2019, 03:00:29 AM

-snip-

Not sure if you really understood your linked source or not because there was no "1. Higher energy consumption to the mining" mentioned there.
But you got me, I've clicked the link and read the whole article just to find "more details"... Σ( ￣□￣||)

adaseb

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Quote from: Sandus_Cryptolover on March 10, 2019, 03:00:29 AM

Ethereum miners aren't happy with the just completed Ethereum's Constantinople Hardfork as it present two distinctives negativities to the miners:

1. Higher energy consumption to the mining
2. Reduction in the mining fee from 3ETH to 2ETH.

This was said to be as a result of Ethereum Difficulty Bomb! Get more details here:- https://www.longhash.com/news/how-eth-miners-are-reacting-to-the-constantinople-hard-fork

Eth profits are more or less the same after the fork.

There was an issuance reduction but it also reset the difficulty bomb back to 14 seconds. No idea how there is more higher energy consumption, nothing has changed in that regards, wonder where you are getting this information from.

Basically unless you got cheap or free power, it wasn't profitable after the fork and neither was it profitable before. We need ProgPOW or ETH to go to like $400 a coin.

Sandus_Cryptolover

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Ethereum miners aren't happy with the just completed Ethereum's Constantinople Hardfork as it present two distinctives negativities to the miners:

1. Higher energy consumption to the mining
2. Reduction in the mining fee from 3ETH to 2ETH.

This was said to be as a result of Ethereum Difficulty Bomb! Get more details here:- https://www.longhash.com/news/how-eth-miners-are-reacting-to-the-constantinople-hard-fork

Topic: Miners:- Unable Over Constantinople HardFork (Read 210 times)