Ethereum’s network has successfully implemented Constantinople and St. Petersburg network upgrades on the block # 7280000 without any chain separation.
How this hard fork effects on ETH mining?
- Reduced rewards for miners. For each created block, miners will receive 2 ETH instead of 3 as it was before;
- The difficult bomb is slowly accelerating. The next deceleration of the ETH mining efficiency is scheduled on February 28, 2020;
- Reduced gas generation fees.
At press time, Ethereum (BITFINEX: ETH/USD.BITFINEX) is trading at $136.50 (+1.77)
Earlier, the hard fork for the Ethereum (ETH) network was postponed due to a found critical vulnerability.
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