While the community is happy about the recovery of the Eth price, the internal plans in its programming present important changes and debates that in the future will affect its mining and its price.

Casper is the new written code that will allow the change of the work test algorithm (PoW) towards a model defined as participation test (PoS). To get to apply Casper you need a transition that is called as the Ethereum EIP 1011 improvement proposal that will create a hybrid system between the work test bit (PoW) and the participation test (PoS) until it is Get to Casper completely. This EIP 1011 transition is technically already ready to be discussed among the Ethereum developers to be implemented.

What will happen when this transition is already active and operational?

Currently the reward for mined block of Ethereum is 3 Eth and when the EIP 1011 is activated it will be reduced to 0.6 ETH approximately, based on the safety of the chain moving a lot from the PoW difficulty to the PoS purpose and because it would now be granted rewards to both validators and miners.

A possible scenario that Vitalik Buterin considers with the implementation of Casper in a complete way is to achieve an Eth production of 500,000 ETH a year, which expressed in terms of mine blocks would be approximately 0.22 ETH (Reward smaller than that of 0.6 Eth) . This will allow to reduce the rate of mining but at the same time because it is difficult to undermine it, its price should be revalued or increased.

It must be remembered that these mineable coins must control their inflation in production, for example, bitcoin, which is currently around 4% annual inflation, produces approximately 650,000 bitcoins a year with a total supply of around 17 million. the 21 million programmed from his whitepapper.

Bitcoin plans to reduce by half in 2020, with its inflation rate falling to 2%, but Ethereum apparently has an initial advantage, since it significantly reduces its inflation rate in a few months with the start of the Casper implementation, it will make the ethereum very short term much less inflationary than the bitcoin.

The advantage of this decentralized economy is that its community, made up of developers, miners and investors, will always be the judge who decides whether or not these changes suit them, any difference or point of view that does not accept these projections can lead to a hardfork that create a new project with its particular characteristics.

In summary, we will witness many changes that in theory should be to improve the Ethereum network in all its aspects, the mining in ASIC, the changes of algorithms based on Casper and the new news of its Projects should lead to the 2nd cryptocurrency in the market to a new level and new records in its price when the market supports it.