a ZERO FEE ETC mining offer. This might further accelerate the influx of new miners onto the ETC network.Last month, market analysts at JP Morgan expected that ETC would probably be among the Merge’s top gainers. The prediction seemed to be coming true as ETC network’s hashrate skyrocketed in the last few months. It hiked from 21Th/s in mid-July to more than 46Th/s – Over 100% growth in a matter of months.
ETC’s price also corresponded to this development as it registered a major uptick last month. This gave investors hope for even better days ahead. While Ethereum is the hot topic these days thanks to the hype related to ETH 2.0, a comparison between ETC and ETH’s 3-month chart revealed that ETC’s performance was on par with ETH, if not better.A look at ETC’s 4-hour chart indicated better days ahead for the altcoin as several market indicators were in favor of a surge soon. A bullish falling wedge pattern formed on ETC’s chart, indicating a northbound breakout might be possible soon.
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