Post
Topic
Board Mining (Altcoins)
Re: Mining Ergo and Ravencoin for 2024
by
CryptoATM
on 12/04/2022, 12:11:29 UTC
no ERGO Block is 63 actually Wink

Epoch #3: 68d 18h 42m 43s


hehe, so it already started, that fast hehe, you can see profitability already crashing hard hehe with that 5%, imagine next 6 months or so eheh.

https://curiaregiscrypto.medium.com/eip-0027-soft-fork-proposal-187db1163caa

current block "725741"

66 Old 54 New Block Height 699,393
63 Old 51 New Block Height 720,000
60 Old 48 New Block Height 784,000
57 Old 45 New Block Height 849,600

So every 64.8k block, there will be a reduction. If price does not increase then will be tough for miners in few months, less profitability, fewer people mining it.
Its exactly what I pray for, the time where no coin is profitable to mine and slowly miners will start leaving the space and selling their rigs but guess what I have no reason to quit, this is the time I want to start mining.