Quote from: meejay on August 14, 2018, 07:28:50 PM

Hi there,

Now or soon it will be dead. Scalability is the biggest problem for Ethereum at the moment. PoS or Sharding won't be able to solve the issue. It is just used for ICO's at the moment. But smart contracts and tokenization was the pros of ETH to BTC. There are projects which is going to add these features to BTC. Time of ETH will be gone too soon.

Kind regards,

Yeah and miners are just barely scraping by. They can barely make a profit off these conditions now.

https://www.tomshardware.com/news/ethereum-profitability-down-difficulty-up,36691.html

Quote

"At the current difficulty rating, our mining pool estimates that our 94MH/s mining system would earn 0.04385 in time for our next weekly payout. At todays value, thats roughly $24 for the week. Our system burns about $10 per week in electricity, so its still profitable. But in a market with expensive utilities, such as San Francisco, which can pay up to $0.25 per kWh, youd be losing money at todays rate."

No one will want to stay if there are greener fields elsewhere. Mining is the very core of a crypto operation and we cannot have a functioning coin without it.