Post
Topic
Board Mining (Altcoins)
Re: Ethereum EIP 1234 accepted
by
Piskeante
on 02/09/2018, 10:09:48 UTC
just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

I think they are still merging all the EIP and haven't decided on a block number yet for the hard-fork. From what I heard from the Reddit/Youtube comments is that it will most likely happen sometime during the Devcon 4 conference.

Which is in about 2 months or so, no idea why the guy said Winter 2019, most likely a typo and Winter 2018 which makes sense.

if you think it carefully, would you go PoS on a coin that has lost 80% of value??Which incentives are investors going to have. It makes total sense to delay the difficulty bomb at least 12 months to see if this market recovers, and there is more hype. ETH devs needs ETH to be very valuable. Because, it can happen that huge exchanges could stock this coins and have a big % of the company when this coin goes PoS.