Post
Topic
Board Mining (Altcoins)
Re: Ethereum Reduces Block Reward | ETH GPU Mining Will No Longer Be Profitable
by
d57heinz
on 11/09/2018, 12:31:07 UTC
First of all, mining difficulty for Ethereum has gone up astronomically, then the introduction of proof of stakes consensus, coupled with drastic fall in the price of Ethereum  and now we are having in addition to the above  a reduction in the block rewards. It is going to make a lot of miners less incentive to continue and stop altogether

This is an active war against decentralization. Money talks bs walks. Decentralization is bs. Face it folks.  The sooner you realize this the more money you will keep in your pocket.  Look at nature. Everything centralized. Naive humans!   It’s always going to go where the resources are. Bottom line end of story!

BR

Hmm looks like we will see a huge dump in the chip sector as well. Keep your eyes peeled for the whole picture folks.  This fake it till you make doesn’t work when it’s among the smartest minds.  Nice try tho:)

Link to news. https://www.investopedia.com/news/chip-sector-correction-looming-due-inventory-clsa/?utm_source=news-to-use&utm_campaign=&utm_term=14418695&utm_content=09/11/2018&utm_medium=email