Latest News and Information from Ethereum Classic (ETC). A crypto-currency with smart contracts which respects immutability and neutrality.
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Ethereum Classic block rewards:
Era 4: 2.56 ETC -20%
Era 5: 2.048 ETC -20%
Era 6: 1.6384 ETC -20%
The latest came in July, on schedule.
Even as block rewards drop, miners still added about 50% to the network’s hashrate since September.
Real energy. Set rules.
ETC is Money
source (@pool2miners)
Plenty of people call Ethereum Classic “the old Ethereum".. a relic.
It’s really a computer no one owns:
→ Programs, data, and a processor
→ Run by nodes worldwide
→ Powering dApps, smart contracts and is a store-of-value
No company to shut it down. No admin to change the rules.
No pivot to AI.
No pivot to gaming.
No pivot to the metaverse.
Ethereum Classic is still the chain it chose to be in 2016: proof-of-work, smart contracts and a ledger nobody gets to rewrite.
Ten years. Same answer.
ETC is now on @BackpowCom, a PoW oracle for miners. See what it really costs to mine ETC, your odds of solo mining a block, and the math behind both.⚡️
teapawt.org/BackpowCom/status/2118…
Ethereum Classic is still mined at a profit, but only by a few ASICs
Cheapest: Jasminer X44-Q at $4.31 per ethereum-classic:native while spot sits at $6.93. 5 of the 12 cheapest machines clear it, the other 7 cost $7.94 and up 👇🧵
ALT BackPow bar chart of Ethereum Classic production cost per coin by hardware at $0.069/kWh, 12 cheapest of 124 devices. Green bars below the spot line at $6.93: Jasminer X44-Q $4.31, Jasminer X44-P $4.69, iPollo V2X $5.93, iPollo V2H $6.02, iPollo V2 $6.48. Red bars above spot: Bombax EZ100 $7.94, EZ100-PRO $8.63, EZ100-C $8.63, Jasminer X16-Q Pro $10.95, two Bitmain Antminers $11.18, Jasminer X16-QE $13.55
Bitcoin: halves every 210,000 blocks.
Ethereum Classic: −20% every 5,000,000 blocks.
Different clocks. Same rule.
Issuance by algorithm, not anyone’s judgment.
Such an amazing night in Mumbai 🇮🇳
Thanks to everyone who joined us to chat about Ethereum Classic, and a special thanks to @BobSummerwill for capturing these wonderful moments!💚
teapawt.org/BobSummerwill/status/2…
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This is what open source blockchain infrastructure looks like.
Project Triforce: a grid of Ethereum Classic nodes serving public RPC and watching blocks, reorgs, the mempool and every peer. 👀
Four clients. Three providers. Three regions.🌎
See it live: triforce.classix.dev
Nobody buys ASICs and pays for power to mine a coin they think is going to zero.⛏️🔥
teapawt.org/ClassicIsComing/status…
Ethereum Classic retweeted
July 30, 2015: genesis.
July 20, 2016: Ethereum forked to reverse The DAO hack. Ethereum Classic keeps the original chain running.
Today: 25,650,000 blocks and counting.
Ten years of upgrades. Not one to rewrite history.
Ethereum Classic retweeted
Missed this one?
The threat to ECDSA might not need a quantum computer. Some researchers warn that AI-assisted math could get there first.
Community Call #62 covers what that means and where Ethereum Classic stands.
teapawt.org/eth_classic/status/211…
ETC Community Call #62 is live.🔥
• Where ETC stands on the quantum threat to ECDSA.
• What’s planned for the next core-geth release.
• Are preconfirmations and native stablecoins a good fit for $ETC?
Reflections on #TOKEN2049, and Alex from ETCMC.
#EthereumClassic #ETCCC #ClassicIsComing
youtube.com/watch?v=v8z06gxI…
Ethereum Classic retweeted
Why doesn’t Bitcoin just add smart contracts?
Its scripting is limited on purpose. That’s part of what keeps it simple and highly secure.
Ethereum Classic pairs the same proof-of-work security with a full virtual machine, the EVM.
Programmable Digital Gold.🍀
Why doesn’t Bitcoin just add smart contracts?
Its scripting is limited on purpose. That’s part of what keeps it simple and highly secure.
Ethereum Classic pairs the same proof-of-work security with a full virtual machine, the EVM.
Programmable Digital Gold.🍀
Missed this one?
The threat to ECDSA might not need a quantum computer. Some researchers warn that AI-assisted math could get there first.
Community Call #62 covers what that means and where Ethereum Classic stands.
teapawt.org/eth_classic/status/211…
ETC Community Call #62 is live.🔥
• Where ETC stands on the quantum threat to ECDSA.
• What’s planned for the next core-geth release.
• Are preconfirmations and native stablecoins a good fit for $ETC?
Reflections on #TOKEN2049, and Alex from ETCMC.
#EthereumClassic #ETCCC #ClassicIsComing
youtube.com/watch?v=v8z06gxI…
July 30, 2015: genesis.
July 20, 2016: Ethereum forked to reverse The DAO hack. Ethereum Classic keeps the original chain running.
Today: 25,650,000 blocks and counting.
Ten years of upgrades. Not one to rewrite history.
They’ve written Ethereum Classic’s obituary every cycle since 2016.
2018: dead.
2020: dead.
2022: dead.
2024: dead.
2026: still here.
18 years ago today, Satoshi published the Bitcoin whitepaper.
Bitcoin proved proof-of-work money works.
Ethereum made it programmable.
Ethereum Classic kept both.
Programmable Digital Gold.
In 1991, Philip Zimmermann released PGP, bringing strong encryption to ordinary people.
The @NSAGov opposed its export, and the U.S. government investigated him for three years.
What was at stake? The right to use powerful cryptography without government permission.
That same cypherpunk spirit lives on in Ethereum Classic.
Proof-of-Work. Censorship resistance. Immutability.
Watch the full video from the Proof-of-Work Summit in Prague, co-hosted by @ETCCooperative.
youtu.be/bbdoUAu6jqU
#EthereumClassic #CodeIsLaw
