Claymore Miner and Byzantium Hardfork

[Hoobski]

Hello everyone,
So for those of us mining Ether with Claymore miner version 10.0, do we need to do anything to be compatible with Byzantium Hardfork? Any guidance or advice would be greatly appreciated.

Thank you,
Hoobski

[Vann]

There is no need to update the miner. You need to update your wallet to the latest version before block 4,370,000 or it will be stuck on the old chain and unable to broadcast transactions after the fork. Pools should have already updated, so as miner on a pool there is nothing else you need to do.

https://blog.ethereum.org/2017/10/12/byzantium-hf-announcement

Countdown to the fork block 4,370,000

https://fork.codetract.io/

[Hoobski]

Hey Vann,
Thanks for your reply. I just read that Ethermine is ready for Byzantium so those of us using Claymore and mining on Ehtermine should be all set.

Yes I checked my wallet as well and it does support the Fork already.

Thanks again,
Hoobski

[fabry1999]

whit this hardfork you will receive the same amount of coin that you have on ETH ?

[rebelmalangi]

As per the news they reduce the reward from 5 ETH to 3 ETH in new hard fork.


https://atozforex.com/news/ethereum-byzantium-hard-fork-impact-crypto-market/

[Vann]

The mining reward per block will drop to 3 ETH from 5 ETH after the fork. However that is to to keep inflation roughly the same as it was at the beginning of September because the fork removes the ICE AGE difficulty adjustment, returning to the difficulty predicated on the total network hash rate, delaying the difficulty bomb for approximately 12 months until they are ready to implement the switch to POS.

The block times will also go back to 15 seconds from the 30 seconds they are now. Because of the block time and difficulty reduction, profitability should increase from where it is now by ~25% after the fork, depending on the network hash rate.

[Stang10189]

There is no need to update the miner. You need to update your wallet to the latest version before block 4,370,000 or it will be stuck on the old chain and unable to broadcast transactions after the fork. Pools should have already updated, so as miner on a pool there is nothing else you need to do.

https://blog.ethereum.org/2017/10/12/byzantium-hf-announcement

Countdown to the fork block 4,370,000

https://fork.codetract.io/

Need help. Only thing I used geth for was to create a wallet and I only had to do that on my first rig. With the hard fork what exactly do I need to do? Just update geth on my first rig? Or I have to download geth on every rig now. I use claymore and a pool for mining. Your help is appreciated

[Vann]

You don't need Geth to mine ETH on a pool, only if you're solo mining ETH. Any wallet client you use to store or transact in ETH must be the latest version that is compatible with the fork. You don't need to create a new wallet, just update the client to the latest version at the links in the blog post.

[Stang10189]

You don't need Geth to mine ETH on a pool, only if you're solo mining ETH. Any wallet client you use to store or transact in ETH must be the latest version that is compatible with the fork. You don't need to create a new wallet, just update the client to the latest version at the links in the blog post.

I used geth to create my wallet with my first rig. So do I just update geth on that 1 rig? Thanks for your help with a noon question

[Vann]

You don't need Geth to mine ETH on a pool, only if you're solo mining ETH. Any wallet client you use to store or transact in ETH must be the latest version that is compatible with the fork. You don't need to create a new wallet, just update the client to the latest version at the links in the blog post.

I used geth to create my wallet with my first rig. So do I just update geth on that 1 rig? Thanks for your help with a noon question

Any wallet that you want to use after the fork must be the latest version.

[Stang10189]

You don't need Geth to mine ETH on a pool, only if you're solo mining ETH. Any wallet client you use to store or transact in ETH must be the latest version that is compatible with the fork. You don't need to create a new wallet, just update the client to the latest version at the links in the blog post.

I used geth to create my wallet with my first rig. So do I just update geth on that 1 rig? Thanks for your help with a noon question

Any wallet that you want to use after the fork must be the latest version.

Thank you. Just one last question. I downloaded the newest version of geth on the rig I created my wallet on and installed it. Is that all I need to do or do I need to do something else. Sorry this is the first time I have had to deal with this and I can't find any guilds online. Again geth is my wallet I do not have mist or anything like that

[Vann]

You should also backup up your keystore files to a safe place and run the geth client to make sure it's working.

https://github.com/ethereum/go-ethereum/wiki/Backup-&-restore

[Stang10189]

You should also backup up your keystore files to a safe place and run the geth client to make sure it's working.

https://github.com/ethereum/go-ethereum/wiki/Backup-&-restore

I backed up my keystroke and ran the geth exe file. Everything seemed ok. Is that what you mean? Run the exe file?

[phuocduong]

after ford blocktime decrease to 15s, reward decrease from 5 to 3 eth, uncle block change too.

[Vann]

Geth is a command line client. You run it via a command prompt open in the folder where the geth.exe is located.

https://github.com/ethereum/go-ethereum/wiki/Managing-your-accounts

[Stang10189]

Geth is a command line client. You run it via a command prompt open in the folder where the geth.exe is located.

https://github.com/ethereum/go-ethereum/wiki/Managing-your-accounts

Ok so I open command prompt
CD to program files/geth
Then what?

[Vann]

Geth is a command line client. You run it via a command prompt open in the folder where the geth.exe is located.

https://github.com/ethereum/go-ethereum/wiki/Managing-your-accounts

Ok so I open command prompt
CD to program files/geth
Then what?

The wiki link I provided shows the commands you need to get started with managing accounts. Google 'how to setup Geth' for lots of tutorials and videos on how to use it.

[Stang10189]

Geth is a command line client. You run it via a command prompt open in the folder where the geth.exe is located.

https://github.com/ethereum/go-ethereum/wiki/Managing-your-accounts

Ok so I open command prompt
CD to program files/geth
Then what?

The wiki link I provided shows the commands you need to get started with managing accounts. Google 'how to setup Geth' for lots of tutorials and videos on how to use it.

I have looked at to many to count. The part that's confusing is I'm not using geth to mine only used it to create a wallet. No place tells me what I need to do in that situation. I downloaded the update and installed it but there are no directions to follow after that. Your wiki link shows commands but I don't know what ones I need to run to just update my wallet.  I appreciate all your help. I just need more clarity.  All tutorials are showing how to setup geth if your using that to mine. I need a do A,b,c d type of thing on how to update just geth wallet

[Vann]

Geth is a command line client. You run it via a command prompt open in the folder where the geth.exe is located.

https://github.com/ethereum/go-ethereum/wiki/Managing-your-accounts

Ok so I open command prompt
CD to program files/geth
Then what?

The wiki link I provided shows the commands you need to get started with managing accounts. Google 'how to setup Geth' for lots of tutorials and videos on how to use it.

I have looked at to many to count. The part that's confusing is I'm not using geth to mine only used it to create a wallet. No place tells me what I need to do in that situation. I downloaded the update and installed it but there are no directions to follow after that. Your wiki link shows commands but I don't know what ones I need to run to just update my wallet.  I appreciate all your help. I just need more clarity.  All tutorials are showing how to setup geth if your using that to mine. I need a do A,b,c d type of thing on how to update just geth wallet

Sorry, I don't use Geth. The wiki I linked deals specifically with managing your wallet accounts. Maybe you should try another client if Geth is too complicated for you? You can import an existing keystore into the Mist or Parity clients and those should be easier for you to understand.

[perazdera]

Anyone knows does blockchain.info supports byzantium?