Hello Miners! We want to give you a more detailed look at the Ethereum payout situation and why some Ethereum Mining users are having trouble receiving their daily mining shares.
One of the most interesting things about the Ethereum Blockchain, is that its core software allows developers to create Smart Contracts which are run in computers around the world. And just like your tablet, smartphone or laptop need to be updated every once in awhile, so does the Ethereum software.
We are sorry for the delayed payouts that you experienced in the last two weeks. The reason is that we were required to rebuild our server infrastructure after a security breach that happened two weeks ago. The mining operation itself is not (and never was) affected by this. That said, we are conducting another bulk payment today (7th of August), covering all three previous mining days (4th, 5th & 6th of August). They should pop up in your wallet shortly.
On August 1st, 2017 there is a proposal to fork the current Bitcoin protocol into a new protocol known as Bitcoin Cash. This means that after August 1st, 2017 there is a chance that there’s going to be two versions of the Bitcoin blockchain and two separate digital currencies. A hard fork successfully occurred just one year before for the Ethereum blockchain, which happened due to the DAO being hacked. A hard fork splits the current blockchain in to two blockchains, which was necessary rid Ethereum of vulnerability.
Imagine making a living just from your predictions. Got a hunch your favourite sports team will win on the weekend? What about Leonardo DiCaprio winning an oscar? Research it, think it through – if you’re correct, you’re rewarded. If you’re wrong? You just lose your initial investment.