helloeverybody
Legendary
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Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 29, 2016, 06:08:39 AM |
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I started mining ETC last night and woke up thids morning and found i had only mined 0.005 eth so ive decided to jump back onto ETH. I dont know why my shares where so low. I would have thought i would have made almost a full eth in that time so unfortunatly its justr not profitable enough for me to mine atm. If they do switch over i will go back to mining ETC just so i can keep taking some profits though.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Mometaskers
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July 29, 2016, 09:28:42 AM |
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I started mining ETC last night and woke up thids morning and found i had only mined 0.005 eth so ive decided to jump back onto ETH. I dont know why my shares where so low. I would have thought i would have made almost a full eth in that time so unfortunatly its justr not profitable enough for me to mine atm. If they do switch over i will go back to mining ETC just so i can keep taking some profits though.
Have you checked your rejection rate? I used the nanopool, for the nearest nanopool, the rejection is 24%.
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helloeverybody
Legendary
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 29, 2016, 09:37:26 AM |
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I started mining ETC last night and woke up thids morning and found i had only mined 0.005 eth so ive decided to jump back onto ETH. I dont know why my shares where so low. I would have thought i would have made almost a full eth in that time so unfortunatly its justr not profitable enough for me to mine atm. If they do switch over i will go back to mining ETC just so i can keep taking some profits though.
Have you checked your rejection rate? I used the nanopool, for the nearest nanopool, the rejection is 24%. I've not checked. I will have a look when i get back because I'm not even sure what pool it was on now. I wad expecting about 1 eth every 24hrs though to break even with what i was earning with ETH. I will take another look tonight and if i can will deal back over to ETC. Id rather mine the original chain.
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jk_14 (OP)
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Activity: 1292
Merit: 1000
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July 29, 2016, 10:13:27 AM |
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I do not see ETC taking over the game from ETH, the coin's popularity is due to the reputation ETH has built over time and ETH developers will definitely not allow their coin to slide to second place.
even if ETC will only clone every modification from ETH, except PoS, that single small difference, i.e. ETC PoW versus ETH PoS - may slide ETH to second place, regardless of any defend attempts
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maydna
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July 29, 2016, 10:35:44 AM |
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I suspect such long term scenario: ETH will jump into PoS in 2017, as planned ETC will stay at PoW ("ethereum core" miners will jump into it) that will be quite funny to observe this battle... let see and waited what will happen tomorrow. and for sure, if that happen then the market will be panic. need more money to get start mining eth.
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CarrollFilms
Full Member
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Activity: 156
Merit: 100
Can I eat a Bitcoin?
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July 31, 2016, 06:04:15 AM |
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Does anyone know what is going to happen with the "ETC" when the original PoW phase end?
It'll dissolve into a P.O.S. That will become just another memory
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Back in my day Bitcoin used to cost $69
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yubsep
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July 31, 2016, 06:10:37 AM |
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I can't imagine if ETH down under 0.01 btc.. Btw.. I'm holding some of ETC and a lot of ETH when the price was 0.0075 btc...
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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July 31, 2016, 11:47:40 AM |
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I am using this calculator https://www.whattomine.com/ and mining etc
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Jackling
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August 10, 2016, 09:35:35 AM |
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I can't imagine if ETH down under 0.01 btc.. Btw.. I'm holding some of ETC and a lot of ETH when the price was 0.0075 btc...
It depends on the community support for the ETH. If there are many application development based on the ETH, the price will rise.
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Mometaskers
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August 12, 2016, 11:10:06 AM |
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I can't imagine if ETH down under 0.01 btc.. Btw.. I'm holding some of ETC and a lot of ETH when the price was 0.0075 btc...
It depends on the community support for the ETH. If there are many application development based on the ETH, the price will rise. The ETC or the Ethereum Classic has declared that it is independent from ETH. So it has fewer developers for now.
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Johnny00
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August 18, 2016, 08:05:42 AM |
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Is Eth good to invest in?
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rafaeldasilva
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Activity: 84
Merit: 10
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August 18, 2016, 08:24:53 AM |
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batle ETH vs ETC iam choose ETC
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Deepcleen
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Activity: 116
Merit: 10
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August 18, 2016, 04:07:09 PM |
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batle ETH vs ETC iam choose ETC
Are you a miner? Is so, there is no need to choose between the two. You can just mine the more profitable coin. That is what I am doing.
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Jackling
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August 27, 2016, 04:44:23 PM |
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batle ETH vs ETC iam choose ETC
Are you a miner? Is so, there is no need to choose between the two. You can just mine the more profitable coin. That is what I am doing. For miners, it is better to mine the one you like and keep it for some time. If you do not like it, you can sell it.
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LoneRangir
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August 28, 2016, 01:16:28 AM |
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So once ETH goes PoS, there is no reward for mining it?
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rawbert
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August 28, 2016, 03:27:23 AM |
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So once ETH goes PoS, there is no reward for mining it?
Once ETH goes POS mining is OVER. We can still mine ETC though.
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LoneRangir
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August 28, 2016, 03:29:19 AM |
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Will ETC ever go PoS?
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rawbert
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August 28, 2016, 03:31:03 AM |
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Will ETC ever go PoS?
Not likely, as far as I know devs want to keep it PoW.
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Cryptozillah
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August 28, 2016, 06:12:20 AM |
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Will ETC ever go PoS?
Not likely, as far as I know devs want to keep it PoW. Thats probably the only way to keep it alive. I have a hard time seeing it going anywhere with a hacker holding 3+ million stolen ETC on that chain.
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animal20
Newbie
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Merit: 0
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August 28, 2016, 08:16:55 PM |
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because ETC hashrate is now 8x less then ETH and sometimes even more Whattomine website sometimes shows that ETC is more profitable. I tried couple of times to stwich to ETC but after time it alwyas turned out I made less because of that. So what I suggest is to stick to ETH even if sometimes the miner calculators suggest opposite
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