So it seems September is the last month we will be able to mine Ethereum, what's next to do with our mining rigs? I believe Eth is the most profitable and Ethereum Classic is just trying to catch on, what do you believe in this stage? Can ETC be just as profitable as ETH.
ETC is an abandoned chain. It will never be as profitable as ETH. Sure, somebody somewhere is doing something on ETC but ETH has Vİtalik. ETC don't. So, nobody really cares about ETC. I think mining with GPU's will soon die because there isn't really a replacement for ETH. You'll have to mine shitcoins like ETC but for how long? It will be slow long death for the GPU miners. It is smart to leave the scene while you still can. You don't wanna hold them heavy GPU bags.
If you see in the profitability right now,RVN is first,ETH second and guess who is third,yes you guessed it,it is ETC because a lot of people are mining it.This is known from the increase in the network hash rate these last couple of days.The smart people should switch to mine this coin in these last 2 months before ETH moves to PoS while it can be mined easily as once the network difficulty and hash rate will go up a lot then it won't be easy to mine and consequently the price should increase (just an assumption).
So if my theory happens to be right you can mine 1 ETC within 4 days within 300 Mhsh,imagine if the price of it goes up a lot after the merge of ETH,we can make a nice profit from such move,even if it does not happen we can still be third in profitability and only lose a couple of dollars in total.I think this is something to be tried.
You would need more than 300MHS, right now it's 500MHS for 0.25 ETC/DAY
Yeah I saw,the difficulty has increased a lot nevertheless I have since yesterday jumped onto the ETC mining wagon saying goodbye once and forever to ETH.I know ETH will fail miserably because it was so successful until now not because of the fintechs or users that they supported it,but because of the miners who were a huge number who helped keep the network secure.Whatever fintech or user and company uses ETH in PoS trust me they cannot make the network as secure as the miners do by validating transactions.Enough of this,anyone has his own idea,mine has started and is in this pic below.
