The EIP1559 upgrade in July will turn ETH into a deflationary asset while bitcoin will continue to become inflationary.
So after July there will be no more ETH mining, which would be the equivalent of the last 4 months left to mine bitcoin in roughly the year 2140.
Is this correct and what effects do you guys think this will have on ETH price and the entire crypto ecosystem?
Why did you decide that EIP1559 would turn ETH into a deflationary asset? At the moment, about 5 million new coins are minted in the ETH1 and ETH2 blockchains.
Do you really think that EIP1559 will burn over 5 million coins in 1 year?
Have you read about these offers from mining pools?
https://twitter.com/etherchain_org/status/1372269004115566594