Post
Topic
Board Mining (Altcoins)
Re: Vitalik Buterin sets date for Ethereum’s Merge
by
swogerino
on 20/05/2022, 18:58:51 UTC
"Ethereum Merge will arrive in the summer of 2022
Ethereum Merge is considered a milestone for the altcoin as it transitions from Proof-of-Work to Proof-of-Stake, after a long wait. After several delays over the past year, Vitalik Buterin, the co-founder of Ethereum, announced the date for “The Merge.” At a Web 3.0 ETH Developer Summit, he told attendees that “The Merge” is the largest event in the altcoin’s development roadmap in 2022. Ethereum developers have been working on Proof-of-Stake for almost seven years now and that all the work will come together in the summer of 2022. "

original article: HERE

It looks like this time he is decided to go on with this.I hope he understands well that it will only bring the failure to Ethereum and it will not be anymore the second top altcoin,right after Bitcoin.I don't think it will be bullish for Ethereum in the long term this merge,except maybe for the first couple of weeks after the merge.

As for the mining part there are a lot of other coins who can replace Ethereum,and some new one may come up to fill this gap,the only loser here is Butekin himself.
Write at least one coin that will give a profit if at least a third of the current Ethereum miners continue mining.
The most expensive video cards will now give such a profit, which is given by some of the weakest video cards in mining, for example, the RX 470.

I have written it before,for the same hash rate I make only 2 dollars less if I mine ETC compared to ETH now and hopefully as a beginning ETC will take its place,I am not saying that it will be wow but it will ok for all the miners.Then we have to see how things will unfold,will ETC be able to get and process such massive hash rate when everyone switch back to it in the first weeks,if so good for us,if no then I believe firmly that a new coin will become the new Ethereum,there is no need to look always in a pessimistic way when positive things always do happen in the crypto world.