The Ethereum developers have agreed to reduce the reward per block to 2 ETH. What will happen with mining?

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2018-09-02 03:15:05

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The Ethereum developers have agreed to reduce the reward per block to 2 ETH. What will happen with mining? Source:

On Friday during the videoconference, the Ethereum developers made a final decision on the reduction of rewards for miners. Now for the extraction of one unit of Ethereum they will get 2 ETH. About it writes .

the

Features of mining Ethereum

A Group of 14 developers of Ethereum agreed to introduce improvements to EIP-1234.

This EIP lays a bomb of half year and reduces the reward per block to 2 ETH. This situation will continue until the final integration of hard forks Constantinople.

The Programmers agreed that the increasing difficulty of cryptocurrency mining should be postponed for at least a year. After updating Constantinople following hardwork in Ethereum will be held in 8 months.

Reducing the reward to 1 ETH (results community) was considered too «hard». The programmers have taken into account the interests of the miners and did not cut their income for the unit two coins.

The Developer of Casper and member of the Ethereum Foundation Danny Ryan said that all the changes in the emission of cryptocurrencies should be considered as a compromise that will ensure uninterrupted operation of Ethereum.

In my opinion, the solution to such problems should be approached with cold calculation. Community coin should move smoothly from PoW to PoS. Soon we will be able to reduce Ethereum to 0.5-1 percent per year.

While developers have not reached consensus ON, which should protect Ethereum ASIC mining. Danny Ryan concluded that this issue requires more research.

Share your opinion about the future of Ethereum in our . Also don't forget to visit our pool .

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