Ethereum Classic will undergo a hardfork?

Ethereum Classic cryptocurrency will undergo the upgrade of the protocol level on December 12 due to the adoption of a new monetry policy
28 November 2017   10128

Ethereum Classic will have a protocol level upgrade ECIP-2017 which is aimed at the stabilisation of the coin supply and considered as a hardfork of the coin. It is planned to go live on December 12.

At it is stated on the official ECIP-2017 website  the reason for a new network split is that the community needs to adopt a monetary policy that balances the long-term interests of investors, developers, and business operators. Ethereum Classic Improvement Proposals (ECIPs) are technical write-ups that describe suggested changes to the Ethereum Protocol.

The block reward will be reduced by 20% at block number 5,000,000, and another 20% every 5,000,000 blocks thereafter. Uncle block rewards will also be reduced. Due to variations in the reward rate of ETC, the total supply is planned to be approximately 210 million ETC, not to exceed 230 million ETC.

At the moment of press, these are main market parameters of Ethereum Classic:

  • Average price: $33.61
  • Marketcap: $3,289,165,691  
  • 24h volume: $1,671,850,000

ViaBTC Lets Users Mine Crypto for Free

ViaBTC has announced that from February 12, 2018 to May 12, 2018, ViaBTC pool miners can mine ZEC/ETH/ETC with zero fees for all mining modes
26 February 2018   1274

ViaBTC has developed the Bitcoin mining pool with the advanced deployment technology, and mining pools for competing coins and cloud mining products. ViaBTC aims to extend its business to the entire cryptocurrency industry chain in the future and serve global users with technology innovations.

ViaBTC has announced that from February 12, 2018 to May 12, 2018, ViaBTC pool miners can mine ZEC/ETH/ETC with zero fees for all mining modes.

viabtc ethereum classic miningViaBTC Ethereum Classic


  • Duration: 00:00 February 12th - 00:00 May 12th, 2018
  • ZEC Pool Stratum URL: stratum+tcp://
  • ETH/ETC Pool Stratum URL: stratum+tcp:// 
  • Note: Port 25 or 443 is available too

ViaBTC supports multiple payment methods like PPS+, PPLNS or SOLO. 

Previously, we have reported that ViaBTC was going to close mining contract market in order to control speculation and protect the interests of investors, and that ViaBTC increased cloud mining commission.