Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Tmdz
on 30/06/2016, 04:31:16 UTC
yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.

regards

The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further.

Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork.

That could be a good thing. Does it also mean the miners will also support the hard fork if they want to recover the loss?

They will definitely support the hard fork if they are also the owner of the DAO. They will save themselves.

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now.  The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that.  The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time.  How they can propose a fork that has further problems is beyond me unless they want to crash the market.