Since ETH's gas fee has dropped a bit, I am taking a small risk and starting to mine some ETCs (only with a small hash power). Hopefully, it will go smoothly and no more 51% attack on the chain.
Currently ETC has a too long confirmation period, I've just completed a deposit on coinbase pro
after 15 days since the 1st confirmation. Too much time for the average miner.
At least Coinbase still accepts deposits, many other exchanges disabled both the deposits and withdraws. Many will most likely re-enable them or make the confirmation time lower if the DAG switch is successful and they can gain a decent amount of hashrate on the network so a 51% attack becomes expensive to perform.
Anyone know when the DAG switch will go live? I am assuming they will make it AFTER the 4gb can no longer mine ETH since they will be left idle and most likely join ETC instead of mining some other smaller ETH fork type of coin like Ubiq.