How does the 32M Haun algorithm impact Ethereum mining?
Lindgreen LewisMay 01, 2022 · 3 years ago1 answers
Can you explain how the 32M Haun algorithm affects the process of mining Ethereum? What changes does it bring to the mining community and how does it impact miners' profitability?
1 answers
- May 01, 2022 · 3 years agoAt BYDFi, we believe that the 32M Haun algorithm is a step in the right direction for Ethereum. While it may initially reduce miners' profitability, it aims to address the issue of high transaction fees and improve the overall user experience. As a decentralized exchange, we support any updates that make Ethereum more efficient and accessible to users. We believe that in the long run, these improvements will benefit the entire Ethereum ecosystem, including miners, by attracting more users and increasing the demand for Ethereum.
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