Quote from: poby on May 27, 2021, 10:38:11 AM

Quote from: DigitalFox on May 27, 2021, 07:05:54 AM

Quote from: ikicha on May 27, 2021, 06:59:17 AM

Today Net Hashrate

ETH : 600 TH/s ~ 20.000.000 RX 570 8G
RVN : 5 TH/s ~ 384.615 RX 570 8G
ERG : 15 TH/s ~230.769 RX 570 8G

If ETH go to PoS, you will see all PoW coins become unprofitable. And 60-70% miners will left

And why would they all of a sudden become unprofitable? Care to explain yourself?

It's very simple actually. The massive influx of hash power applied to lesser coins that will result from Eth going POS, will result in a massive increase in difficulty. Higher difficulty = lower earnings. These are simply inarguable facts. Or to put it very simplistically, the same size pie will be cut into a thousand times more pieces so each hash will generate 1/1000 the earnings than before.

I find the blind optimism that the Eth POS will be a mere blip in mining profitability to be somewhat bewildering. Only the strong will survive the aftermath. "Strong" in this case meaning those with the latest gpus and/or the cheapest electricity.

I don't think so. First, AMD cards suck on most algos, so strike them out, what's the percentage of those mining eth use red ones, I guess more than half. Second, have you ever tried to compare combined hash rate of other coins with eth?