Ethereum Fork/Block Reward Reduction Kills GPU Mining Profitability | Crypto Miner Explains

Ethereum Fork/Block Reward Reduction Kills GPU Mining Profitability | Crypto Miner Explains

Ethereum has forked and thus implemented changes to their blockchain. ETH reduced their block reward from 3 to 2 Ethereum per block SIGNIFICANTLY reducing miner earnings.
Subscribe to VoskCoin YouTube –
Mining Rig Parts IN STOCK on Amazon –

Unfortunately, Ethereum DID NOT implement ProgPoW which is a newer mining algorithm designed to put ASIC and GPU miners on a leveled playing field. Ethereum current mining algorithm is dominated by ASIC miners as well as FPGA miners — and of course remaining GPU miners. Ethereum is the coin that really ushered in the mining gold rush of 2017 and early 2018.

Ethereum is still considering ProgPoW which anything other than Ethash (current mining algorithm) would be a welcome change, most popular pools such as Ethermine are supporting this movement, so by simply mining on Ethermine you will signal your support for ProgPoW.

& Yes to be clear, title is a nod to Ivan On Tech 😀

Estimate GPU mining profitability here –
Estmiate ETH mining profitability here –
Ethereum community seeks lower BR –
Ethereum Block Time chart –
Ethereum Difficulty chart –
Ethereum Network Hashrate chart –

VoskCoin Patreon –
VoskCoin Facebook –
VoskCoin Reddit –
VoskCoin Discord Server Invite –
VoskCoin Twitter –
VoskCoin Instagram –

VoskCoin Official Donation Addresses
BTC – 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL
ETH – 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70
ZEC – t1ZoVF5t75NahSAfuwpcyHA8uzkPyocXpJZ

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#Ethereum #Mining #VoskCoin #GPUMining #Cryptocurrency

Related Post: