Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v15.0 (Windows/Linux)
by
darkneorus
on 24/12/2019, 12:28:26 UTC
Don't know if you guys have heard but apparently there is a fork coming up on New Years Day to delay the Ice age once again. For some reason I have no idea why they decided to make a hard-fork on a holiday which is celebrated in most of the world. They had issues with this before when they made a testnet launch on a weekend and they ran into issues since many devs took the weekend off. Most likely same will happen on New Years day with all the devs being hung over or passed out instead of watching the fork and taking action if there are any issues.

Anyways its going to bring the block times back to 13 seconds because we are currently at 17 seconds according to,
https://etherscan.io/chart/blocktime

So it should make mining slightly more profitable than currently which is record low mining profitability levels since maybe 2015.

Increase of blocktime from 13 to 17 seconds is reducing the amount of eth given out to miners by 3000 eth per day. :-)

it will reduce the block time from the current 17 to the previous 13 per second
You understood it wrong  Roll Eyes

it will create more ETH per mining hour
hoping that the price will remain the same or will go up, will give miners much more profit, but I'm seeing the scenario where ETH is going backwards with the value  Sad
I think that he wrote about current situation Smiley so 3k ETH/day are now lost (or not created) because of rising difficulty and block time.