Ethereum Byzantium fork. Noobs take on it.steemCreated with Sketch.

in #ethereum7 years ago

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In less than two hours the fork will begin. Found link to countdown here: https://fork.codetract.io/

I watched over the weekend price of ether and it has been going up significantly. I assume it has a lot to do with this fork.

So what should a noob in cryptos like myself do? Well this only makes me more motivated in building my own rig and do some mining on coins. The way this ether token that was worth less than a few dollars last year to +$340 is simply amazing return on investment.

There has to be many other opportunities similar to ether as I feel it is still the beginning stages of crypto growth. If I had a rig right now I would be mining eth or etc. why? Even if rewards drop to 3 and difficulty raises exponentially the potential increase in value of the token also rises. Multiple coins run on ether's platform which makes this a hallmark in crypto. Similar idea as in amd and nvidia makes most of the worlds graphics cards but many different coins can be mined by them. Ether will become a staple coin to own do to many other coins reliance on its platform.

Furthermore the anonymous feature would bring in new users who have apperciation with cryptonite coins.

Finally again with mining is the future expectation eth being proof of stake will make it impossible to mine. There is a limited window of time life to mine this crypto that in which makes even more sense to focus on mining this coin now until it's impossible to.

Again just a noobs take on this. Feel free to agree or disagree.

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