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RE: Day 1 With Genesis Mining Ethereum Contract
I've had a 1 mh/s since May 26 and accumulated a pending balance of 0.01785400 ETH. On day one I was at .00079 and i am down to .00049 as of yesterday not sure if it's just rising difficulty or the reward luck/payout in the pool. I am also not sure what will happen if/when POS is brought to play
I think it's because of the block mining luck/payout in the pool. Difficulty is still not incredibly high as of yet. That being said, I too am curious to know what will happen when ethereum switches to POS by November this year. Will that have an affect on mining?
Just did some reading on POS, and it seems that mining won't be possible once ethereum switches to POS, so I guess the best bet would be to mine some alt. coin with the mining power dedicated to mining ETH.