Post
Topic
Board Altcoin Discussion
Re: ETH Proof of Work (ETHW): The Next Big Thing?
by
Abiky
on 14/09/2022, 01:15:16 UTC
From $100 last month down to $30. Poloniex volume is over half a million dollars already which is good enough to hype a fork. It is early to judge the price and it's only IOU, there is always the chance for it to bounce back and increase if it can gather enough support. But if we base its today's price, Ethereum Classic is at $37.

Which coin is more reasonable to mine now using today's price? Mining ETHW has slight edge?

I don't think mining ETHW would be better than mining ETC, since the former has minimal support from the miners. The vast majority of miners are "sticking" with ETC, so it's likely the new fork will die faster than you could imagine. It's only good for cashing out quickly after the launch of the mainnet. But for serious use, it's best to look elsewhere. Everything's about money these days, so I wouldn't be surprised if other forks emerge with the purpose of enriching developers themselves. What ultimately matters is decentralization. As long as ETH remains decentralized, there should be nothing to worry about. Just my thoughts Grin