In the last few days despite the same hash rate, the reward progresses is very slowly. Is it due to the price increase of ETH?
I'm using Nanopool
It is related with increasing hashrate that makes higher difficulty now = 7.43P. last month was 6 or something it grows very fast it means less rewards, also right now fees are low but later swapping 2 starts i think rewards will be better
Hey @batsonxl can you provide some further information on what exactly you are referring to? My understanding was that when PoS starts to kick in that Ethereum mining will get less profitable (assuming the price doesn't continue skyrocketing like it is right now).
Thanks!
When eth goes to pos there will be no mining eth at all. but there is good project that eth continues and erc20 network is solid. There is many project like swap maybe you herad it. there is new coins making use erc20 network for swapping which again we miners happy to mine.
About eht reward there is etherscan site you can follow there. Miners get good rewards when network is heavy loaded, heavy load means more fee. more fee happy miners.
Another factor is eth profit is difficuilty increases less you earn. Reward is same but too many miners, you understand what i mean? as much as miner go up less profit you get.
https://etherscan.io/chart/hashrateIt is really hard to explain you will learn bye the time