Ethereum update: Ethereum’s Economic Breakpoint analysis with PROs and CONs of different ETH issuance EIPs
Ether mining’s profits are falling due to several factors such as Decreasing market price, Increased mining difficulty and (in some cases) increased energy prices. In turn, mining difficulty is increasing due to more hashrate (i.e. mining capacity) being inserted into Ethereum’s blockchain. This research article beautifully summarizes the downsides of the current mining system and probable EIP solutions to fix it. **Possible solutions, including but not limited to, changes in monetary policies, dilution of professionalized miners’ power, incentivate small miners to enter into the game – among others.**
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AN INFORMATIVE & RECOMMENDED READ
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> Link to the article HERE ([https://crypto.omnianalytics.io/2018/08/23/ethereums-economic-breakpoint-an-analysis/](https://crypto.omnianalytics.io/2018/08/23/ethereums-economic-breakpoint-an-analysis/))
> More details on the upcoming Ethereum issuance meeting ([https://www.trustnodes.com/2018/08/23/eyes-turn-issuance-meeting](https://www.trustnodes.com/2018/08/23/eyes-turn-issuance-meeting))
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: whatsoncrypto
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