Given the same investment, inexperienced miners unfamiliar with mining techniques would record less revenue than veteran miners.

In reality, the reduction in mining difficulty may represent an opportunity for miners...

Today’s reward for GPU miners is a far cry from what it used to be. Since the Ethereum merge this September, the collapse of the multibillion-dollar Ethereum PoW mining industry has forced a flood of GPU hashrate into ETC and other altcoins. According to WhatToMine, a number of coins that support GPU mining now have negative yields. Only a few coins, such as KAS and RXD, generate acceptable yields in the bear market. They are the most eye-catching GPU coins, even overshadowing the “veteran” ETC.

Recently, attention has been drawn to a series of sensational events, including the battle between Binance CEO CZ and SBF (Sam Bankman-Fried), the collapse of FTX and the worsening Genesis crisis. Except for those loyal followers and miners, only a few may have noticed that Litecoin (LTC) is bucking the bearish market trend and has become a top-performing cryptocurrency.

As a leading global crypto mining pool, ViaBTC boasts an elite R&D team. With its strong technical capabilities, ViaBTC has optimized the transmission process of the BTC network through multiple steps to ensure stabler mining benefits for its miners.

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According to the market law, under the current bear market cycle, the unsatisfactory cryptocurrency price and the soaring energy price make payback time light years away, and there should be a significant reduce in hashing power. However, recent increases in difficulty may indicate that Bitcoin miners are not so much concerned about the short-term price rise or fall any more.

It seems that this year’s crypto market has run out of stories. As the prices of Bitcoin and Ethereum continue to fluctuate, the market seems to have returned to what it used to be in 2018. The difference between today’s market and what it was in 2018 is that the Fed, determined to turn off the faucet, has been pushing hard to raise interest rates. According to the data released by U.S. authorities in September, the numbers have indeed started to fall, but the prices of goods remain at a high level, and the general public still suffers from stagflation.

At the 2022 Mainnet Conference, Ethereum founder Vitalik Buterin strongly urged blockchains like Dogecoin and Zcash that wish to improve their scalability to follow suit and shift to PoS.

Many analysts said that Ethereum's next upgrade, the "Shanghai upgrade", may turn the tide, which is also one of the most noteworthy Ethereum hard fork upgrades after the "London upgrade". In the "London Upgrade", Ethereum introduced the revolutionary EIP-1559 protocol to improve the original transaction fee mechanism and effectively reduce the inflation rate of Ethereum through the burning mechanism. So what changes will the much-anticipated "Shanghai upgrade" bring? Can it help Ethereum make a comeback?

The increase in difficulty has reduced the number of coins mined by miners during the same period of time. Now the declining price of ETC has also made some newcomers who want to try GPU mining undecided. Against this backdrop, is ETC still worth mining?

Reactions to the Merge vary significantly. Unlike people who joined the YouTube live stream party hosted by the Ethereum Foundation or recorded this wonderful moment on SNS platforms like Twitter, Ethereum miners, concerned with their financial interests, are looking for the next mining destination.

ViaBTC Pool, together with BitRock, is providing integrated one-stop solutions that cover performance improvement of mining machines, mining facility deployment, mining facility O&M, as well as the connection and management of hashrates. With the superior matching services provided by ViaBTC and BitRock, costs borne by miners will be further cut down.

In the blockchain space, each cryptocurrency was born with a mission. For instance, as stated in its white paper, Bitcoin carries the mission of building an all-new cash system, and Ethereum’s mission is to evolve into a distributed “world computer”. When it comes to mission, Monero, a long-standing crypto created in 2014, strives to become a secure, private, and untraceable cryptocurrency.

To seek further growth, BCH ABC built a professional team of promotion and operation to gain more market influence. On July 1, 2021, BCH ABC officially launched eCash, a new brand with a clearer positioning, and its native token is called XEC. The tokens were distributed at the 1 BCHA=1,000,000 XEC ratio, which marks the birth of eCash.

According to CoinDesk, Ethereum’s Goerli testnet completed its Merge at around 01:50 (UTC) on August 11. Goerli is the last of the three Ethereum public testnets, and this is the last Testnet Merge before the Mainnet Merge.

According to the latest survey released by CouponFollow, Litecoin has become the third most popular cryptocurrency among consumers when it comes to the desired rewards of crypto credit cards. Additionally, it is only slightly less popular than Ethereum (41%), the No. 2 crypto on the list. As one of the most popular cryptos out there, Litecoin has earned the favor of many miners.

As the ETH price went up, the proportion of Ethereum’s market cap to the entire crypto market cap has risen from 14.88% to 18.47%. Considering the leading position of Ethereum in the crypto space, the Merge is good news for the whole market.

In the past 20 years, the traditional business model of online content has created a wide range of problems, covering the inappropriate distribution of revenue, the ownership of content, as well as the vicious competition that has gone rampant. In the meantime, the Web 3 creator ecosystem, which is based on blockchains, underlying NFT economies, or platform-built monetary systems, has taken shape, which could be a great solution to these problems.

As the U.S. is now the world’s biggest destination for BTC mining, the massive shutdown of mining operations in Texas has affected the total BTC hashrate the next day of the incident, which has dropped to 159.4EH/s, the lowest record in the past five months. Despite that, the decline has not hindered the normal operation of the network. This is the case because Bitcoin is decentralized, and problematic nodes in one region or national/regional hostility towards the cryptocurrency will have no impact on the network, which also explains Bitcoin’s exceptional value.