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Ethereum mining changes

BY: @mackop | CREATED: Sept. 9, 2017, 4:51 p.m. | VOTES: 0 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmQ2ZSVPSDuB3DSiMRsp8Vq4UkRv7RXCHRE7YbB7cPFsmw/computers.jpg]

from https://www.reddit.com/r/EtherMining/comments/6ywlxg/update_from_todays_ethereum_core_dev_call_for/

-Metropolis Byzantium hits testnet on September 18th
-Difficulty Bomb on September 22nd will reduce current income by approximately 20%
-Metropolis Byzantium go live on October 9th (not a final date, subject to change)
-Mining rewards will increase by approximately 23% after Metropolis Byzantium goes live
-It looks likely that Chinese Miners and Investors are going to fork Ethereum with the Metropolis Byzantium Update (Ethereum Ice? Icereum?)
-Removing the Difficulty Bomb
-Leaving Issuance at 5
-Never going to POS
-Setting max supply to 1billion with a halving at 500m issued (27 years from now?)
-Pre-mining 100m coins

Thoughts? If everyone stops mining ethereum, there will be obvious price changes. What will you guys do?

TAGS: [ #ethereum ] [ #mining ] [ #miners ] [ #crypto ]

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