i will answer you, straight away.

To begin with, i've been mining since mid 2017. i did it at that moment without knowing it could get it's ATH in January 2018. I ate myselft all the bear season in 2018-2019 and part of 2020, mining with very little profit. I did it, first because i wanted this technology to succeed, and the first important thing to do on a PoW coin, is to mine to support it. Every year with my hashrate in bear market (like 90$ an ETH coin) i lost money that i had to put from my wallet. i hated myself for having entered this market and i was at a point of selling the hardware. Finally, thank god, i didn't do it.

Now, that prices are really high, greedy guys, probably like you come like flies to try to get the most profit out of it, once all the rest, the real FIGHTERS held the coin working and secure from 51% attacks with their hashrates. Now that all "old" miners, like me, did the HARD, THE TOUGH AND UNPROFITABLE WORK, there are GUYS THAT ARE TAKING THE PROFIT FROM US.

I will explain it to you as an example: Imagen that you have to prepare meal. You have to go to the supermarket, buy all the food, get home, prepare it, cook it, put it on the table, and then, suddenly some big amount of MOFOS that saw your food enter your house and begin eating your food like real scammers. Those greedy guys taking advantage of you.

We are not talking about "small" amounts of people. We are talking about x2,5 on total hashrate in 7 months, and at these speeds, there will be like 600TH EVEN BEFORE POS IS IMPLEMENTED.

Do you know WHY I KNOW THIS PEOPLE ENTERING NOW ARE GREEDY BAST*RDS?? Because they are investing on a thing that will likely go PoS by the end of the year, with a price cut on July of over 40% on Fees with the implementation of EIP-1559. And they still invest? Why? Because this people know NOTHING ABOUT THE COIN, WHATS GOING ON OR WHAT IS GONNA HAPPEN SOON. They just care about money as much as possible which is why they are greedy B*stards.


ETH hashrate is growing so fast, that devs have said they will rush the implementation on PoS because they need to DISCOURAGE PEOPLE FROM MINING, because the more coins are mined, the more coins will be in the market, the less valuable they will be just for a matter on the amount of circulating coins.


The ETH hashrate has more than doubled from August 2020 to now. And this movement is related specifically due to greed people eating MY EFFORT AND THE EFFORT OF THE REST OF THE PEOPLE THAT HAVE KEPT MINING DURING VERY HARD TIMES. Those greedy people have destroyed part of my effort, a well deserved profit for my months through tough times.