Post
Topic
Board Mining (Altcoins)
Re: Number 9! Ninth altcoin thread. Back to the moon Baby!
by
philipma1957
on 25/09/2020, 15:17:26 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

Well if they do it and blocks drop to 0.5 coins it will shake things up a lot.

It would hurt gpu miners big time.

Eth developers are basically morons if they crush the gpu card buyers.  But they did do it once so they could do it again.

Time will tell.  When is it due Nov or Dec?