Post
Topic
Board Mining (Altcoins)
Re: Number 9! Ninth altcoin thread. Back to the moon Baby!
by
soothaa
on 25/09/2020, 14:51:47 UTC
Did you guys see this?  Won't a 75% reduction in rewards will kill mining?  I was planning on replacing my old cards with newer cards but this has put a damper on my plans.

The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security.

https://medium.com/@omgfin/shock-ethereum-miners-against-proposal-to-reduce-block-rewards-by-75-a62c16faa081
This will only work if ETH's TPS is increased leading to higher cumulative fees (not higher GAS prices) and make the total block reward about the same.