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Author Topic: What does this vote on Eth mean for us miners?  (Read 269 times)
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March 22, 2017, 08:06:01 PM

Ok I am totally confused with all it's lingo so in basic terms is this going a good direction for us or are we going to get screwed as miners for Ethereum?

Can someone please explain this in nice clear easy way for what it means for us as miners?
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March 22, 2017, 08:31:02 PM

Basically it is just greedy investors that want to cut rewards down 3-4 eth per block.

Less than 1% of people are voting so I would not even worry about it.
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March 22, 2017, 10:29:15 PM

I wonder, can people vote multiple times by moving their coins?

Vote, move your coins to a new address, vote with that address as well, rinse, repeat.

Anyway, they propose to disable the difficulty bomb but have the same coin emission rate by reducing block rewards. In theory, the emission would be (roughly) the same but we wouldn't have slower block times due to the difficulty bomb.

RIP Bittrex
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