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Learning & News => News related to Crypto => Topic started by: sirty143 on August 02, 2022, 01:13:52 PM

Title: Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existe
Post by: sirty143 on August 02, 2022, 01:13:52 PM

Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence

(https://i.imgur.com/vfpXYAHm.jpg)

According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19... See more for yourself here (https://news.bitcoin.com/chinese-miner-ethereum-pow-fork-is-coming-soon-despite-etcs-existence/).

Your opinion is greatly appreciated.

Title: Re: Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existe
Post by: Noverteno on August 02, 2022, 10:26:14 PM

Of course, Ethereum miners will remain dissatisfied with the fact that with the transition to the PoS algorithm, it will not be possible for them to mine this coin. But already in the article itself, offered by reference, it is correctly indicated that there is not much point in making another fork. After all, there is already ETC (ethereum classic), where the PoW algorithm and its mining will continue to be used. So such a decision by the Chinese bitcoin miner Chandler Go will practically not affect anything.