The impact of the Thanos hard fork

in #thanos4 years ago

Content

The Thanos hard fork has been upgraded and changed mainly for the ETC mining field, and the main impacts are as follows.

The volume of ETC DAG files is reduced to below 3GB, and 3GB and 4GB video memory cards can participate in ETC mining again. On the first day after the hard fork of Thanos, the computing power of the ETC network increased from 4.15Th/s to 6Th/s.

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Figure 3 After the Thanos hard fork, the computing power of ETC's entire network has increased to a certain extent

The ETC algorithm is upgraded to Etchash. ETC and ETH no longer use the same algorithm. Graphics miners need to update and use mining software that supports the new ETC algorithm to mine ETC.
The Ethash algorithm computing power on Nicehash will no longer support ETC mining. Maybe Nicehash will support the trading of ETC's new algorithm in the future, but at that time it is difficult for an attacker to buy enough ETC computing power on Nicehash to attack the ETC network (because almost all currencies sell only computing power on Nicehash It accounts for a very low share of its total computing power, and it is difficult to threaten the original currency network).
E3, A10 (4GB video memory) and other low video memory ASIC miners waiting for the upgrade to continue to mine ETC dreams become empty: E3, A10 miners can not mine ETC for the time being, now they seem to have only a way to save themselves by upgrading the video memory. Companies that do A10 video memory upgrade services are getting hot again.

The Thanos hard fork is an answer sheet submitted by the ETC team to the problem of repeated computing power attacks in August: by changing the algorithm, cutting with ETH mining, eliminating the possibility of attackers using low-cost ETH computing power to attack ETC , To improve network security; by reducing the demand for DAG files, fully absorbing the computing power eliminated by ETH, and even activating the 3GB video memory graphics card that has been eliminated for nearly a year, greatly improving the computing power of the ETC network and enhancing the vitality of the ETC ecosystem.

The design concept and timing are very delicate, and it took a lot of thought. The upgrade has just been completed, and there is no other feedback from the market for the time being, except that the computing power of the entire ETC network has improved from the upgrade of the Thanos hard fork. Whether the Thanos hard fork can bring the ETC Phoenix to Nirvana, rebirth, and even move to a higher level, it will take time to verify, let us wait and see. Finally, readers and friends are welcome to search and pay attention to the official account "mining_club". The author will occasionally share consultations on digital currency mining in the official account.