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50535211 No.50535211 [Reply] [Original]

Will miners sell all their gpu's when eth goes proof of stake, or just switch to other altcoins?

>> No.50535246

>>50535211
they switch to etc and etc will become the real eth.

>> No.50535255

>>50535211
ethash will probably die so yes, nice pusi btw!

>> No.50535338
File: 40 KB, 900x900, 1658111358598742.png [View same] [iqdb] [saucenao] [google]
50535338

I thort this image was a woman spreading her pussy hahahaha xD

>> No.50535466

gpu computation can then be put to use for scaling

>> No.50535704
File: 41 KB, 623x504, gpumining.png [View same] [iqdb] [saucenao] [google]
50535704

>>50535211
There will be A LOT of hashrate competing for very tiny rewards. GPU mining will be 99% dead and miners will sell their GPUs. Ethash has ASICs.

>> No.50535746

>>50535211
You are such a faggot

>> No.50535750

>>50535211
Hashrate already falling they are moving to new coins

>> No.50535850
File: 133 KB, 600x485, 1630463694141.png [View same] [iqdb] [saucenao] [google]
50535850

>>50535338
so did i :P

>> No.50535880

bullish for kadena and ravencoin?

>> No.50535948

>>50535211
Sell gpus? They'll switch to Ergo/Ravencoin

>> No.50535958

>>50535704
You're an idiot.

>> No.50536046

>>50535211
Why not switch to btc simply?

>> No.50536092

That's a man.

>> No.50536146

>>50535880
>k*dena
It's mined by ASICs.
>>50535958
>switch to Ergo/Ravencoin
The profitability to mine these chains will plummet when the difficulty adjusts to new hashrate coming from ETH. You can't call me an idiot if you fail to understand the basics of mining.
>>50536046
It's mined by ASICs. If you try to mine BTC with a GPU you'll never find a block and only lose electricity.

>> No.50536205

>>50536146
Okay. Thanks for teaching me.
So they can switch to etc then

>> No.50536520

>>50536205
Ethash ASICs exist and will dominate ETC mining. Even if they didn't exist the problem would be mostly the same. There's no profitable place for all this hashrate.

>> No.50536538
File: 138 KB, 670x1024, mine it up, wagie.jpg [View same] [iqdb] [saucenao] [google]
50536538

>>50535211
they'll sell their GPUs for higher PoS ETH staking rewards. the issue with this is who is going to buy them LOL. the only thing worth mining at that point will be BTC, however they had what? a decade to prepare for the transition, but they'll cry and moan like a bunch of little reddit bitch babies, possibly try to sue vitalik for "leading them on" whatever tho, man. not my problem kek

>> No.50536661

this picture is practically as old as the internet

>> No.50536864

>>50535338
rawr xD

>> No.50536868

>>50535211
This picture made me touch my peepee.

>> No.50536954

>>50535338
that image is as old as the internet

>> No.50538401

>>50535958
*Your a idiot

>> No.50538697

>>50535211
You gpufags got scammed by GPU companies and priced out forever from ever owning one. Don't expect sub MSRP prices even for 3000 cards, let alone 4000 series ones as they lower production to keep price high. You guys didn't even realize most of the scalpers were third party companies hired by the cardmakers to buy their own stock and sell on ebay to increase margins. Even now, the "cheapest" cards are all used with at best a 5% discount from MSRP. 10 years of price hikes for GPUs and no word ever from manufacturers about higher production output in spite of massive investments on TSMC and globalfoundries. You guys just took the bait and fought miners as the Jews pulled the strings on the backstage. Truly hilarious, and tragic.

>> No.50539023

>>50538697
cope and seethe, i just got a new 3080 ti for only $600. PoS is never coming btw

>> No.50539053

OFF TOPIC BULLSHIT REPORTED

>> No.50539242

>>50539023
>PoS is never coming btw
explain

>> No.50539274

>>50535246
ETC has been the real ETH since 2016 and nobody has cared since 2016.

>> No.50539777

>>50535211
I THOUGHT IT WAS A PUSSY!

>> No.50539854

BTC will still be mineable. ETH 2.0 will still have the same gas fees as it does today.

>> No.50539975

>>50538697
>Don't expect sub MSRP prices
>At best a 5% discount off MSRP
Which is it you fucking retard

>> No.50539996

>proof of stake
>where the stakeholders control the network
>this is different than the fed

>> No.50540189

>>50539996
the stakeholders don't control the network

>> No.50540205

>>50540189
>have most money
>have most say

>> No.50540280

>>50540205
The only thing you do in ETH PoS is
(1) propose your own blocks, according to fixed protocol rules
(2) attesting to the correctness of other's blocks, according to fixed protocol rules

That's it. You don't get to have a say in what these rules are. You don't have a say in fucking anything.

>> No.50540284

>>50535211
mussy

>> No.50540788

>>50535850
Whoa I didn't know they had Capri Sun in Naziland.

>> No.50540856
File: 2 KB, 125x113, 1655120653112s.jpg [View same] [iqdb] [saucenao] [google]
50540856

>>50535211
For sure I'm going to use my mobile phone to mine the tokens through the POR concensus algorithm once it is live by the eoy.

>> No.50541024

Hopefully everybody switches over to Ravencoin.

>> No.50541226

>>50535211
Real answer? Miners will just hard fork the current ETH and keep it around and rival proof of stake ETH.

>> No.50541412

>>50535211
Most will migrate, mine wownero probably.

>> No.50541659

>>50541226
It's called ETC and it's a failed experiment. No one cares. PoS works. Get over it.

>> No.50541668

Is this water fucked up?

>> No.50541984

>>50540856
Which tokens are you mining on your mobile phone anon? I know eth doesn't have that in the woodworks

>> No.50542049

>>50541984
I'm not mining annon but I will be able to mine once the mainnet is live where I can use the POR proof of randomness algorithm to mine QANX tokens with my mobile phone at ease. No fucking electricity bills kek....