Can Ethereum Classic (ETC) acheive parity or even exceed Ethereum's (ETH) price and network hashrate?
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!
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.
Two-factor indeed, hint hint Steemit
I would like to know which program should I download to undermine etc from a Gforce graphics card. Thank you
Geforce graphics card with minimum 4gb RAM required to mine ether, program is ethminer.
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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