Post
Topic
Board Mining (Altcoins)
Re: Ethereum RedPanda EIP-1559 call
by
stoniestfool
on 10/03/2021, 12:49:40 UTC
It will not get 5k so easy ... There too many pools that will dumb ETH to stay around 2k. (Flexpool is doing that for example right now)
So 2k with EIP-1559 say goodbye to your profits.

Imagine Sparkpool to start dumbing their ETH ...

They have ETH 2.0 on the plans for the next year so they want cut profits from us and go into whales.

My 2 cents
I was mining in 2015 when eth 2.0 was coming in 2017. 68 percent of all eth is held by a small number of wallets.  If they dumb I will grab more gpus. Get a better price that way. I am cool if eth 2 happens. I mostly mine eth to buy quality cypto. The core devs decisions in the past around progpow made me to concerned to keep much in eth. Once eth goes to eth 2 it loses all support from miners. I doubt it stays at 2 for more than a year or 2.