Topic: Mining Ergo and Ravencoin for 2024 - page 2. (Read 748 times)
Altcoins halving not impacting lik BTC does. I saw many halvings been done before result is miners earn less and more bad price goes down down.but in BTC situation is different whenever btc does halving after some time price goes up.
Ergo miners approve EIP 37
Ergo's miners have approved adjusting its difficulty adjustment algorithm (EIP 37). Consequently, the chain has hard-forked at a block height of 844,673.
https://satoshiscountry.com/ergo-miners-approve-eip-37/
Other than EIP-37, the Ergo community is exploring ways to make ERG mining more friendly. One of those ideas is developing a way to incentivize miners' loyalty to the chain. Miners commit their hashpower to Ergo for n consecutive epochs would receive bonus rewards.
Ergo's miners have approved adjusting its difficulty adjustment algorithm (EIP 37). Consequently, the chain has hard-forked at a block height of 844,673.
https://satoshiscountry.com/ergo-miners-approve-eip-37/
Other than EIP-37, the Ergo community is exploring ways to make ERG mining more friendly. One of those ideas is developing a way to incentivize miners' loyalty to the chain. Miners commit their hashpower to Ergo for n consecutive epochs would receive bonus rewards.
no ERGO Block is 63 actually 
Epoch #3: 68d 18h 42m 43s
Epoch #3: 68d 18h 42m 43s
hehe, so it already started, that fast hehe, you can see profitability already crashing hard hehe with that 5%, imagine next 6 months or so eheh.
https://curiaregiscrypto.medium.com/eip-0027-soft-fork-proposal-187db1163caa
current block "725741"
66 Old 54 New Block Height 699,393
63 Old 51 New Block Height 720,000
60 Old 48 New Block Height 784,000
57 Old 45 New Block Height 849,600
So every 64.8k block, there will be a reduction. If price does not increase then will be tough for miners in few months, less profitability, fewer people mining it.
no ERGO Block is 63 actually
Epoch #3: 68d 18h 42m 43s
Epoch #3: 68d 18h 42m 43s
hehe, so it already started, that fast hehe, you can see profitability already crashing hard hehe with that 5%, imagine next 6 months or so eheh.
https://curiaregiscrypto.medium.com/eip-0027-soft-fork-proposal-187db1163caa
current block "725741"
66 Old 54 New Block Height 699,393
63 Old 51 New Block Height 720,000
60 Old 48 New Block Height 784,000
57 Old 45 New Block Height 849,600
So every 64.8k block, there will be a reduction. If price does not increase then will be tough for miners in few months, less profitability, less people mining it.
ravecoin follows bitcoin, so little increase over time, ergo will have a huge increase in price starting the next bullrun in 2024, ergo reward will be less and less every 3 months till it hits 3 ergo per block in 2027, right now is at 66 per block.
no ERGO Block is 63 actually
Epoch #3: 68d 18h 42m 43s
They are all good PoW coins but it will be way easier to buy them when a bear market is here than mining them, Ravencoin can still go down to 0.02$ someday and ergo can go back to 2$ per coin, you need patience unless you already have a mining rig and ETH mining did vanish after June 2022.
ravecoin follows bitcoin, so little increase over time, ergo will have a huge increase in price starting the next bullrun in 2024, ergo reward will be less and less every 3 months till it hits 3 ergo per block in 2027, right now is at 66 per block.
Which coin would you rather hold for 2024? Between Ergo, Flux and Ravencoin or all three? Which one do you think it has the potential to increase more in value at that time?
This is in the wrong section, this is for mining topics this shoukd be moved to altcoin discussion or speculation.
Which coin would you rather hold for 2024? Between Ergo, Flux and Ravencoin or all three? Which one do you think it has the potential to increase more in value at that time?
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