Ethereum Classic Fifthening HAPPENED | PROFITS DROPPED HOW MUCH?

Thoughts On The ETC Block Reward Drop? Will The Price Pump Next bull Run? Moving To Another Coin? Don't Forget To Subscribe!!

You are the best of all dude👆 I received a profit of $9000USD with just 1000USD you are superb

$Etc 🚀🚀🚀🌙

After the switch to POS all the coins will see hash rate push all the main coins to a lose. Then it will be a battle between people who are running this as a business and people who are a hobby. Personally I can take a lose on power bills to about 10k a year and just write off the lose to offset profits from another company. But it will be war. Some will lose and some will win. I will be glad when it happens so I can buy hardware for nothing. Once enough people sell and quit mining then the profits will go back up. It’s just simple math and if you got the money to play the game.

march 20 was not 5 days ago

Are you Red Panda Mining?

I don't find it very likely that miners would leave ETC basically the minute the rewards are reduced. (The fifthening was 2002-04-25 11:16 UTC, 2miners show the largest hashrate drop between 11:10 and 12:10.)
However, there is another effect that can explain the drop: the fifthening coincided with an even-numbered epoch change. On an even-numbered epoch change, the DAG size grows. The ETC DAG is currently approaching 3 GB. It will grow beyond 3 GB around June, but GPU miners generally can't use all of the memory on their cards for the DAG, so they tend to be affected a little earlier, depending on operating system, GPU drivers, mining software, and configuration. And this would happen exactly on the epoch change, which fits the timing perfectly.
So maybe this was just a relatively large group of 3 GB miners reaching their limit.

Since then, ETC hashrate has ramped back up to more or less the previous value. This also makes sense: miners who couldn't mine anymore may be able to do so again after changing/updating their system/driver/mining software, or, if all else fails, by enabling "zombie mining". This can buy them some more time until they reach a hard limit, and with zombie-mining they can continue even past this, it at the cost of rapidly declining hashrate. (*)
Given that such a change requires manual intervention, we can expect it to be gradual. And this is exactly what the hashrate shows.

(*) Once also zombie mining makes no sense anymore, they could consider Ubiq, which, if nothing changes, will reach 3 GB in about ten years from now. Ubiq currently has ~60% of ETC's profitability, according to whattomine.com, which would correspond to about 2 months of zombie-mining.

(We know all these effects from back when ETC still used Ethash, with a larger DAG, and the DAG grew larger than 4 GB. Then ETC switched to slightly modified ETChash, which reduced the DAG to less than 3 GB, bringing back not only the 4 GB miners, but also giving new life to 3 GB miners.)
I wouldn't expect any major reactions to the fifthening to show on such a short timescale, if at all. And such effects would be masked by other market movements, so we'll probably never know if and whether they occur 🙂

i suggest mining etc+alph, it helps

In reality, most miners that (almost) ROI'd will just keep on expanding up until merge day. Just collecting hardware. No matter what is announced. Worst case, you have a lot of hardware to sell. Best case, the extra hardware can make up for some of the losses.

Even knowing this will only make GPU mining harder after the merge. People will just look at their own bottom line and make their decisions based on that.

i couldn't help myself and bought a rtx3060 birthday gift to me lol

Us poor minrrs can't get a break 😢😢😢

BREAKING NEWS!!
Catched me
Love it!

For now by 4G cards will remain on ETC.
Comming into winter here in NZ, so when the house needs heating i'll just put a rig in the lounge and put it on RVN.

I stick with NH quick miner to watch temp and uses trex for ETH now, after merge. I can easily switch back to 100% NH to let it figure. I hope NH can OC for each algo in the near future

Profability

Etc for the long haul.

Video is a short term mindset….ETC is a long play. Hold the coins because ETC is coming for ETH SPOT. …..2.56 @ $1,000 you'll be glad you held.

Glad I watched this I thought it meant the profits gets cut by 1/5th so from $50 to $10

Before I started mining ETC with the 4gb card I was mining qkc chain. I suggest taking a look at it.

I most likely will be putting my 4gb cards back in it

POW is soon dead, it was fun as long as it lasted 🙂

So glad this happened before POS. Bring that hash rate down baby. Makes it easier to mine more ETC. I could care less what the profit is now, I'm in this for the long haul.

We are getting fu** left and right this year. Gpu mining is getting weaker

jasminer still better than any gpu / power efficiency based on 520 mhs

hey.

That’s 36.87% drop in profit