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Author: Admin | 2025-04-27
WellShyte (OP) Newbie Offline Activity: 14 Merit: 0 So here I am, planning my new gpu mining rig, when I stumble upon this ETH switching to PoS news, and it's looking terrible for gpu mining. So I open the forums expecting a wide spread panic, but there are even now topics on front page about it. On other topics, hero members are expressing their belief that "gpu-mining will flourish in 2018". A reputable cloud mining sites are offering ETH mining contracts and state that "Should Ethereum (“ETH”) switch to proof-of-stake before the end of the term, we will use the leased hardware on a best-effort basis to mine the most profitable coin with that hardware for you". "Best-effort" being the keyword since after ETH switches to PoS, it will result in difficulties of all the altcoins going through the roof.So what the hell is going on? Did everyone take the forget pill? How is everyone so oblivious?Here are the hard facts:1. ETH will switch to PoS soon2. ETH network hashrate is many times higher than all other gpu-minable coins combined3. After ETH completes switch to PoS, all of this hashrate will (try to) migrate to other gpu-minable coins4. Difficulty of those coins will skyrocket, rendering gpu-mining obsolete or marginal spiftheninja Newbie Offline Activity: 36 Merit: 0 There are, have been, and always (?) will be profitable coins to mine. You seem to think everyone with a GPU mines on ETHash. Many people have already jumped off that ship into other algorithms! Marvell2 Full Member Offline Activity: 1148 Merit: 132 There are, have been, and always (?) will be profitable coins to mine. You seem to think everyone with a GPU mines on ETHash. Many people have already jumped off that ship into other algorithms!BTG philipma1957 Legendary Offline Activity: 4410 Merit: 9480 'The right to privacy matters' POS= piece of shitNo pos coin does well.Just put your money in US bond.ETH SWITCHING will kill the coin. They will drag it out longer and xmr zec and btg will take over and replace it and I used and a lot in this sentence Marvell2 Full Member Offline Activity: 1148 Merit: 132 POS= piece of shitNo pos coin does well.Just put your money in US bond.ETH SWITCHING will kill the coin. They will drag it out longer and xmr zec and btg will take over and replace it and I used and a lot in this sentence i AGREE they already lost alot of hash rate and momentum with thier last fork/payout reduction .. if you notice the ETH hashrate has actually gone down the last few months bascially flatthey go POS they will probbaly die IMO too alisafidel58 Full Member Offline Activity: 364 Merit: 127 This will surely kill the coin if they switch to PoS what are the devs planning to the coin, all PoS coins are shit and useless.A lot of people dump ETH and will lead to the coins end in the market. szafa I dont care i am
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