ETC changes algorithm, Ant E3 and other Ethereum mining machines are revived

Wu said blockchain learned that on November 27, ETC officials said that it was scheduled to carry out the Thanos hard fork upgrade on November 29, restoring the mining rights of 3GB and 4GB GPU miners. Around December this year, the ETH file DAG will exceed 4G, which will cause the mining machines with 4G video memory to no longer be able to mine Ethereum. Zhikuang University has predicted that mining machines accounting for about 30% of the computing power of the entire ETH network will be eliminated, including Antminer E3/E7. At present, the second-hand market price of E3 is about 3,000 yuan, and the payback period for mining ETC is about 200 days. It is expected that the computing power of ETC will increase significantly in the future, the second-hand price will decrease, and the payback period will increase.