Mr. Hancock is talking about the unresolved problems with Ethereum (ETH) and Ethereum Classic (ETC) mining on Antminer E3 devices. These ASICs can’t process the increased DAG file and therefore will be out of the game. The Ethereum Classic (ETC) hashrate declined by a factor of 6-7 (from 180-200 MH/s to 30 MH/s) two weeks ago while a similar limitation will challenge Ethereum (ETH) mining in April.
Only a handful of GPU dominant Proof of Work (PoW) mining ecosystems remain today which include Ethereum (ETH), ETC, Grin and Beam. GPU PoW uses a variety of algorithms that were once deemed ASIC proof or resistant but only a few remain today. The majority of GPUs are used to mine Ethash, and they can greatly overwhelm other GPU based PoW networks as they all share common GPU mining hardware.
Ethereum Classic (ETC) labs have decided to finance three blockchain startups and mentor them via UNICEF. The ETC 1million$ donation will go to the startups tha
Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years.
Ethereum classic remains in the territory 51% attack and a chain you can’t trust, FOR at least 11 hours or 3527 blocks. More
As Ethereum wrestles with political, technical issues and transitioning to Proof of Stake, Ethereum Classic wants inherit the miners of Proof of Work…