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What Coins Can Still be Mined Now (Can ETH Coins Still be Mined Now)?

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What coins can still be mined now? Editor\’s note: This article is from Caicloud

What Coins Can Still be Mined Now (Can ETH Coins Still be Mined Now)?

What coins can still be mined now? Editor’s note: This article is from Caicloud Blockchain (ID: cybtc_com), authorized for republication by Odaily Star Daily.

In the past period of time, the mining difficulty of Bitcoin has risen to a historical high, but the prices of mainstream coins such as Ethereum and Bitcoin have not changed much. This has led many people to believe that mining other coins now is a profitable opportunity. However, do many people really believe that these coins can continue to rise? If it is really like this, then let me recommend some interesting and worthwhile investment coins to you today! Hello everyone, I am Chen Yizhou, the CEO of Caicloud Blockchain. In February of this year, I saw a very interesting question on a forum – “how do you calculate what you have bought now?”. At that time, I thought this question was very simple, it means that you don’t know when you sold your money, and then found that you have lost almost all of it, so you decide to buy some bitcoins or some other altcoins as a reward. Later, I saw a saying: “there are only a few billion coins that can still be mined now.” So why is this? Because the market conditions at that time were not particularly good, so when the market fell, my profits should not be very high. However, the market has also changed recently, for example, everyone used to think that Bitcoin fell more, but yesterday there was a big waterfall, and now the situation is different, and overall, the market sentiment is basically normal. So for those who are cautious about price increases, this situation may be a good reminder. However, some people think that this crash is only a matter of time and not a short-term influencing factor. After all, from the previous period of time, there have been small rebounds after each halving. (Here refers to the expected value of most people in the market, including the price of Bitcoin) Of course, as the market becomes more and more lively, many investors are also paying attention to the future price of Bitcoin.

Some people would ask: “Do you think Bitcoin will rise to $10,000?” Others replied that, I know, Bitcoin may reach $1, but I am not sure, let alone it reaching over $30,000? Actually, in my opinion, the increase in Bitcoin is definitely higher than any other digital currency. Just like what I said last year, if you are still considering encrypted assets, I would think that Bitcoin would hover around $50,000. So I want to tell you, whether Bitcoin will rise to $100,000? I suggest you not to pay attention to the increase in Bitcoin. Because the rise in Bitcoin is not to attract new users to buy more coins, but to let them participate and establish better value propositions and more possibilities. Therefore, my personal opinion is very similar to this kind of statement:

First, people seem to be seeing BTC as gold, which is a very good thing, because they not only represent the rise in gold prices, but also represent the continuous decline in precious metals. In other words,

Can ETH Coins Still be Mined Now

Editor’s note: This article is from Fenghuolun Community (ID: FHBT18), author: Peipei, authorized for republication by Odaily Star Daily.

Today is Thursday, the mining reward for eth has dropped to about 4.8% from the beginning of October 20th to the beginning of September today. This proportion accounts for about 60% of the network hashrate on the Ethereum network. But there are still a large number of ETH in circulation in the ETH network (which means we can use them as collateral), and a certain amount of coins need to be locked to make transfers. So I am skeptical about eth2.0. However, I also believe that there may be other problems in the future that could cause a split and collapse of the Ethereum network:

1. Can eth2.0 succeed? This depends on whether the expected consensus mechanism can be successfully implemented;

2. Can ETH coins still be mined now? Is there not enough technical support to support these issues?

I won’t go into specifics here; of course, it is also possible that exchanges or project parties participating in staking may cause potential effects. But in short, if you don’t know how to operate or maintain your digital asset wallet, it is best to be cautious, because your transaction records are always public, transparent, and unmodifiable, and do not involve any third-party data sources, including individual users and various blockchain applications can make decisions and receive appropriate support based on their own preferences;

3. Before eth2.0 is launched, do you need to worry about some technical risks? For example, recently there have been several vulnerabilities in the eth2.0 deposit contract, affecting the balance of user accounts, such as the long update time for eth1.0 and some people simply didn’t notice that it was attacked by hackers. In fact, security is also very important. If someone wants to put eth tokens into their address, they must first know which eth tokens they hold. If you really have 32 ETH tokens, you can directly use the tokens to exchange for two other currencies. Then it means that you must have at least 32 ETH as margin, otherwise you will face all the losses in the fund pool – which is why many investors are speculating whether the price of eth will gradually decrease as the ETH price falls. At the same time, many people are also questioning whether more negative news will appear after the launch of eth2.0. In fact, I believe that the mentality of most ordinary users has also been influenced to some extent: although many friends think that the current trend of eth is a bit “roller coaster”, but as long as you think a little bit, you can understand that most of the people in the ETH ecosystem like to keep their wallets in cold storage, plus the accidents that happened during the launch of the ETH mainnet, it is basically possible that it was caused by decreased heat. (I am Xiaomei, exploring the real blockchain, for reporting requests, please add WeChat lmm662381, please provide your name, company, and position.)

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