It is known that in recent months, miners have reduced the power growth rate of Bitcoin and Ethereum mining farms. The digital gold is still holding on, because the main part of the miners are […]
Ethereum mining on video cards could be blocked in as little as six months. What will come in place of the departing cryptocurrency? What about Ethereum Classic (ETC)? Let’s look into it. Ethereum transition to […]
The developers of the Ethereum blockchain and the cryptocurrency of the same name plan to postpone the transition to a new model in which no miners will be required. This is reported by Bloomberg news […]
A commission is charged for transactions in the Ethereum Classic (ETC) blockchain, which is used to pay for the work of the miners. The commission is measured in a special unit called “Gas”. Gas is […]
Before we get to the main point, let’s try to understand what’s going on. Let’s start with Vitalik Buterin, who back in 2018 said that Ethereum needs to change. At that time, he claimed that […]
Ethereum Classic (ETC) showed a 100% price increase in the middle of March. However, the price of ETC is now down 38% from the price at the beginning of 2022 and stands at $21.4. Nevertheless, […]
On April 26, 2022, the 15.000.000th block of the Ethereum Classic (ETC) was crossed, after that the network entered Era 4. What does it mean and how will it affect the value of the ETC? […]
The merger of the PoW- and PoS-chains of Ethereum blocks, which will be a key point in the blockchain’s transition to the Proof-of-Stake (PoS) algorithm, has been postponed until the second half of 2022. This […]
Everything is going according to plan and already on February 13, 2022, the Mystique hardfork in the Ethereum classic (ETC) network is scheduled to happen. It will happen on a 14.525 million block. The ECIP […]
ETC mining data: As of September 1, 2021, 128,116,780.16 ETC have been mined on the blockchain network. There is a reward of 3.1 ETC, or $202 at the current exchange rate, for each block generated. […]
