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?
For those who do currently mining ETH at the moment will already have those kind of back-up plans in mind on how they would really be switching up after this situation.
Im not really minding much about its price though because everything will really be depending on the demand no matter what but for sure it would really be giving
out some significant impact but lets see on what would happen on that specific time.
Im aint a miner so not that much of an idea.