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Writer's pictureFahad H

Ethereum Fork/Block Reward Reduction Kills GPU Mining Profitability | Crypto Miner Explains


Ethereum has forked and thus carried out modifications to their blockchain. ETH lowered their block reward from three to 2 Ethereum per block SIGNIFICANTLY lowering miner earnings. Subscribe to VoskCoin YouTube – http://voskco.in/Sub Mining Rig Parts IN STOCK on Amazon – http://geni.us/WQd7cCs

Unfortunately, Ethereum DID NOT implement ProgPoW which is a more recent mining algorithm designed to place ASIC and GPU miners on a leveled enjoying area. Ethereum present mining algorithm is dominated by ASIC miners in addition to FPGA miners — and naturally remaining GPU miners. Ethereum is the coin that basically ushered within the mining gold rush of 2017 and early 2018.

Ethereum continues to be contemplating ProgPoW which something apart from Ethash (present mining algorithm) can be a welcome change, hottest swimming pools comparable to Ethermine are supporting this motion, so by merely mining on Ethermine you’ll sign your assist for ProgPoW.

& Yes to be clear, title is a nod to Ivan On Tech 😀

Estimate GPU mining profitability right here – http://voskco.in/WTMeth1 Estimate ETH mining profitability right here – http://voskco.in/EthCalc1 Ethereum group seeks decrease BR – http://voskco.in/Ethdit Ethereum Block Time chart – http://voskco.in/EthBT Ethereum Difficulty chart -http://voskco.in/EthDiff Ethereum Network Hashrate chart – http://voskco.in/EthHash

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