Maintaining Numbers Despite Difficulties
Despite the challenges posed by fluctuating energy costs, the Ethereum World (ETHW) community continues to thrive. It is reported that the profitability of maintaining operations depends largely on these energy costs. The community, composed of miners, developers, and holders, remains committed to the purpose of ETHW, demonstrating resilience in the face of these obstacles. One key aim that this community strives for is the maintenance of decentralization, a fundamental aspect of blockchain technology.
The Hold and Wait Strategy
ETHW holders are advised to exercise patience in anticipation of future gains. The current strategy being advocated is to buy and hold ETHW, with hopes that its price will increase significantly over time. Although it might require extra patience from investors, some believe that the price of ETHW could potentially reach $1000 per unit someday. This optimistic outlook encourages holders to remain patient and keep their faith in the potential value growth of ETHW.
Mining ETHW Versus ETC
Mining Ethereum World (ETHW) is reportedly more profitable than mining Ethereum Classic (ETC), despite the present low price of ETHW. However, due to this low price, some miners have chosen to shut off their mining machines temporarily. This decision reflects the current market situation and the miners' attempts to navigate it effectively. Despite these circumstances, the overall sentiment within the community remains hopeful and persistent.