When is the settlement for ETH mining (how long will ETH mining return the principal)

; Original link: https://www.thedefiant.com/en-us-eth_ When will the mining be settled? After the ETH mining started at a height of around 24000 in the ETH block, based on the current ETH price, the ETH mining reward will be returned to the user’s wallet within a few days When users use Ethereum for transactions or pay transaction fees, they will receive a new ETH and decide whether to deposit the new token into the contract based on the transaction status on the network and the ETH price. Since the asset has not been transferred, these transactions will be automatically disrupted, so we need to separate these transactions again. But this is just a simple process. If this process occurs at a specific point in time and you are still unable to withdraw the ETH balance previously obtained from the system, the following problem will occur:

If you are an individual investor, you must first complete the pledge and obtain some deposit returns, such as if you have more than 10 ETHs and have already submitted an ETH withdrawal through the validator, and your deposit will become $1. To ensure that you can successfully participate in this process and continue to hold your assets, you cannot care about anything else because you do not take risks, such as exchanging ETH or ETH without third-party intervention. This way, even after a certain period of time, you can still take away the ETH you purchased on the exchange, but this approach will have a significant economic impact and may put your funds in a difficult situation. For projects that do not provide liquidity, I think this is unlikely The two most common types of questions currently are when ETH mining will be settled, that is, as ETH grows and ETH prices rise, when ETH mining will be settled. Although the settlement of ETH mining is fixed, its deflation model has not yet been implemented in the current market, and it was not until the official release of ETH2.0 that it was determined to be an unsustainable trend. Therefore, in order to ensure that ETH mining does not end prematurely or suddenly as before, it should have a certain periodicity. However, the termination date for ETH mining is May 14, 2020, which is the first Friday after ETH’s creation, rather than the beginning of the 11th week (expected to occur at the end of the 6th quarter of 2019)

How long will eth mine?

Ethereum’s mining income is far higher than Bitcoin and Ethereum Classic. According to ETH.money data, ETH’s computing power on the internet has more than doubled since early March this year, reaching a 13 month high. If calculated based on the current ETH network price, this portion of profits would exceed 10 times

For investors, how can Ethereum repay its capital? The answer is very simple. Let’s first take a look at the funds invested by ETH miners. When your ETH is locked, you need to prepare a wallet to store these tokens, so that you can exchange your tokens into Stablecoin. If you don’t use this wallet, you will transfer some tokens to the exchange. But you need to ensure that there are no risks involved in the transaction. If such a problem arises and cannot be dealt with in a timely manner, you can choose to sell the asset and pledge it again (it is no longer circulating). So you just need to wait a few minutes before starting a new operation Of course, “don’t rush to buy”. In fact, many investors will think that the price of ETH is reasonable, but many people do not think so: because the high price of ETH means that people are using higher costs to buy more Cryptocurrency – rather than directly holding them. Why is ETH rising and falling so quickly? This is because many people believe that ETH can survive in the long term, rather than entering the market in a low-key manner as before. In fact, during the 2017 bull market, investors had been speculating whether there were any other new production capacity to pay for electricity bills in the next two years, or just considering their idle money. At that time, I estimated that this possibility would decrease. Therefore, over time, the concept of “value storage” has gradually become a trend What exactly is the reason for this round of market rise

First of all, after Ethereum 2.0 is upgraded, ETH developers hope to realize the contract function as soon as possible, so as to provide users with more secure, efficient and fast services Secondly, some members of the ETH community have proposed sharding technology: “sharding technology allows information to be transmitted through inter chain communication (IBC), while also supporting second layer extension schemes such as side chains. However, in the coming years, ETH may experience migrations or hard forks. For example, in the first quarter of 2021, ETH2.0 will be launched on the main network, and ETH1.0 is expected to be released in the third quarter of this year; In addition, Ethereum founder V Shen also suggested switching the current blockchain to the PoS consensus mechanism, so as to improve the utilization of ETH. In addition, he also mentioned that “EIP-1559 will not affect the security and effectiveness of Ethereum” and explained that “eIP-1559 will not change the security and sustainability of ETH,” adding that although the beacon chain of Ethereum 2.0 is still in the testing stage,