Richyman
New member
The Merge of ethereum is expected to put miners out of jobs. But miners are not quitting outright. With big money invested in computing hardware, many of them are seeking other ways in an alternative branch of Ethereum.Nonetheless, miners are moving into ETC - which might undermine some of the strong benefits of coin. As James, who has been mining since 2017, said: “Ethereum is an abandoned project by the ETH foundation and we are the abandoned miners. Rigs are invested and facilities are set up with nowhere to go. The only viable option at the moment is Ethereum classic."Miners did not stop mining, they just shift to other options to mine.
Not all the miners will move to Ethereum Classic (ETC)... Many of them have moved to Ravencoin(Rvn).Vera estimated that 20%-30% of ethereum miners have migrated to other networks, with the rest of them simply shutting down.
Not all the miners will move to Ethereum Classic (ETC)... Many of them have moved to Ravencoin(Rvn).Vera estimated that 20%-30% of ethereum miners have migrated to other networks, with the rest of them simply shutting down.
