Post
Topic
Board Altcoin Discussion
Re: Ethereum block reward reduced
by
Considered
on 19/10/2018, 15:20:59 UTC
Hi, Just saw youtube video from voskcoin stating that ethereum block reward is goin to be reduced by 2.

how do you think this will affect the market and what about the network hashrate which eth has do you think it will reduce

what will be the next best  coin which can  compete with ethereum

do you think ethereum will fall down after this update

You cannot be surprised at this, the more popular a coin gets and the more people are investing in the project then the more the rewards for the block becomes. The harder it is to mine the coins. This is normal, it is common knowledge. As more time passes and as more people get involved in the projects then the coins are going to give even less rewards. Just look at bitcoin