The listing of ETC on several major exchanges has created quite the stirring response from the community. With a total trade volume of over 120,000BTC for the past 24 hours, its clear that there are many who still believe in the immutable pre-HF blockchain.
Several large miners are also voicing their opinions as they switch their hashing power over to the significantly more profitable non-forked blockchain. Current ETC difficulty is at 12.78% of ETH, which means that even though ETC's current price sits much lower than ETH, the lower difficulty compensates for the disparity quite significantly.
Ethereum's total hash rate has dropped over a staggering 20% from Sunday's all time network high of 4449 GHs. The network hash-rate currently sits at just above 3500 GHs, with the ETC network hash-rate breaking 700GHs already. ref: https://etherscan.io/charts/hashrate
My question is do you think ETC will ever achieve parity or even exceed ETH in terms of price and total network hash-rate? Or consider the possibility of both coins co-existing? We have encountered new territory in the world of crypto-currencies.
picture courtesy of: https://ethereumclassic.github.io/
I think ETC will rise to become a force to be reckoned with!
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Anything is possible in Crypto. That's one of the most important things I've learned these past four years. Also, Two-factor is your friend.
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Two-factor indeed, hint hint Steemit
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I would like to know which program should I download to undermine etc from a Gforce graphics card. Thank you
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Geforce graphics card with minimum 4gb RAM required to mine ether, program is ethminer.
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Im not happy with ETC. would like to hear others opinions.
https://steemit.com/ethereum/@thedoctor/what-the-fork-wtf-why-etc-is-killing-all-altcoins
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