I saw a news that stated 80% decline in transaction fee today, It is also shown in the coingecko to have reduce to 64 gwei, although I try to avoid transaction in Ethereum since the rise of the transaction. I still dont understand the reason for rise in transaction fee when the price of ethereum increases, consequently it affects all transaction of coin on electreum blockchain
The one of main reasons for high transaction fees was the DeFi boom. Just like back in 2017 crypto kitties and ICO projects raised the gas prices to a new high by clogging network this time it was DeFi projects. |
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35 dollars to unstake HEX.  Ethereum is a scam and Vitalik goes to jail! Get on Tron TRX. Fees are really high right now even tether started using OMG Network as a backup option because I think they have a better scaling solution for now. Trading on ethereum DEXs is becoming harder because of fees lol. |
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What is going on in their official Twitter account about this? Are they making updates about this? If this Ethereum 2.0 tanks hard, what will happen to the prospects of the Ethereum project, will it start to dwindle or will it have no to little effect? Will it simply just go on in it's current state? Can anyone tell me if there is a plan B if the problems we have seen with the 2.0 testnet continues,
You won't find much information about the bugs on their twitter account you will have to look at crypto news sites but, yes they already fixed the issue that crashed the network. https://decrypt.co/38951/devs-release-fix-for-ethereum-2-0s-crashed-testnet |
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Yes, if you used a GPU for mining then they can void to warranty but, that doesn't happen very often because it's a bit tough to determine what the card is used for unless high heat has damaged the components of the GPU.
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If this Ethereum 2.0 tanks hard, what will happen to the prospects of the Ethereum project, will it start to dwindle or will it have no to little effect? Will it simply just go on in it's current state? Can anyone tell me if there is a plan B if the problems we have seen with the 2.0 testnet continues, Every project will have a bug or two in their codes it's a good thing that it was caught in the testnet version of the network and, they quickly fixed it. No need to worry for now, I guess finding bugs is normal procedure in testnet. |
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Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?
In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually. Hello, I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present So it makes more sense to mine ETH or ETC? To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss. Same, I'm afraid, I had ETCs, they were blocked for 2 weeks. they are at the 3rd 51% type attack and I think it won't be the last unfortunately, then the price really doesn't change compared to the other crypto. Yep! And the gas fees are still above 100 GWEI so I guess that's a pretty good incentive for us to keep directing our hash power to the ether pools. |
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Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?
In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually. Hello, I admit I have switched from ETC to ETH, "GAS" is nice but the difficulty is very present So it makes more sense to mine ETH or ETC? To be honest, I am a bit scared of mining ETC right now. The network looks a bit risky because they already suffered two 51% attacks one of which has resulted in a big loss. |
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Binance Futures will launch a ETH/USD coin-margined perpetual contract, with trading opening at 2020/08/18 7:00 AM (UTC). ETH/USD coin-margined perpetual contract is a futures contract that uses ETH as collateral. Users will be able to select between 1-75x leverage. article here |
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Hey guys. Can someone tell me what is happening with eth mining diff? Last 24h it's more than 2.5x profitable mining eth than before.
Are miners mining something else more profitable? Why algorithm did not adjust diff?
In fact more miners started mining ETH since last few days because we were getting pretty good bonus due the high transaction fees. So, difficulty was higher actually. |
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Stop using for bittrex for now, instead use binance because as far as I know, they don't have such minimum deposit restrictions for us. If you ask me that .5 ETH minimum deposit requirement is quite big and, they should seriously reduce it.
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Gas prices are going up like crazy lol and, I think it's going to go further up because the network is extremely clogged right now with over 150k pending transactions, and if you sort gas fee from high to low some guys are paying 5200 GWEI as gas fees. Well this look insane price for fees , how coul ěd people made a transaction if it cost that much? only people who got lot money can effort to pay such big fees A couple of days back I had to pay a $15-$20 fee to transfer some WETH from one address to another and since that, I stopped using ETH for now lol. Ever since YAM collapsed gas price is coming down though. |
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im looking to setup to mine with ram and ssd on a laptop
As far as i know no SSD mining coins will be profitable right now after the electricity costs you won't earning much. I would rather suggest you to mine using GPUs because if you use GPU then you will find a lots of minable options. |
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its actually not uniswap, there ate two ponzi contracts out there using up most of the gas , probably in a month the devs will cash out and they will be dead
The mining rewards has been pretty good for the last couple of days so I am happy for now but, may I know what two contracts you are talking so that I can steer clear from them? |
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How many transactions do they estimate it can handle at full capacity? https://medium.com/ankr-network/ethereum-2-0-medalla-testnet-node-now-available-on-ankr-72195352c195Medalla, the final testnet version before the long awaited Ethereum 2.0 mainnet, has exploded in traction with over 27,000 online validators and over 650,00 testnet ETH staked. Ankr has finished the implementation with this most recent version of the network and has now made the Ethereum 2.0 Medalla testnet Validator available in the Node Market. You can spin it up in less than 10 minutes, and try it for free in this first week! Vitalik once said that during the phase one of the ethereum 2.0 the network could scale upto 100,000 transactions per second. You can read this article to know more HERE |
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The mining rewards must be rocketing right now, right? With the gas fees going through the roof(300 GWEI at the time of writing) this could be a really good time to be mining ETH.
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Gas prices are going up like crazy lol and, I think it's going to go further up because the network is extremely clogged right now with over 150k pending transactions, and if you sort gas fee from high to low some guys are paying 5200 GWEI as gas fees. |
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Awesome to have another Legendary post here  The AMA was a lot of fun. We are still doing a lot with our tokenomics redesign, but it is an exciting time for the project. Nice to be here and from the transcript I read it seemed like it was a good AMA but, I have one question too can you tell how long will it take for the entire supply to come into the market? I am fairly new to SORA. |
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