Quote from: FP91G on Today at 12:36:10 PM

Quote from: sp_ on June 24, 2022, 10:00:33 PM

Quote from: FP91G on June 24, 2022, 05:40:15 PM

I am not against this fork, but the price of this coin is important for all miners.
Will all ethereum coin holders get rebel fork coins?
121 million coins is enough to drive the price of the coin very low.

At launch all Ethereum holders that haven't locked their funds for staking will receive the same amount of ethereum as they own. Currently this number is 89,2% of the supply but this it is expected to decrease if more users join the ethereum 2.0 staking pool.
Hard to guess the price, it's up to the market to decide.

Do you understand that this can be fatal for your coin?
Ethereum coin owners will immediately sell your coin and the price will be very low. Miners will not be interested in mining your coin, and you will have problems with 51% attacks, as was the case with Ethereum Classic

Why sell if his coin succeeds the upside is huge.

Here is some simple math .

Eth hash rate is 1.18ph according to coinwarz.

so 1 x 3080 = 100 mh
and 10 x 3080 = 1gh
and 100 x 3080 = 10gh
and 1000 x 3080 = 100gh
and 10000 x 3080 = 1th
100000 x 3080 = 10th
1,000,000 x 3080 = 100th
10,000,000 x 3080 = 1ph.

11,800,000 3080's would be the network

pretend 3,800,000 = asics

so 7,000,000 3080's are all the gpus mining

sp_ did not say if he would allow asics to mine

but if he did it is good for bitmain.

So AMD + NVIDIA and BITMAIN all benefit from his idea.

oh and intel is getting in the game.

What are those companies worth ? close to 1 trillion last I looked.

How about they buy from the fools looking to sell off the "new" eth coin.

12% of eth is by foolish pos piece of shit believers

and ⅓ of that is held by 1 company

so 12 x 121 mill = 14.52 mill coins
⅓ by 1 investor = 4.79 mill coins

value of the 12 % is 1,724,400,000
value of that 1/3 is 574,800,000

value of 7,000,000 3080's is 630,000,000
value of the asics is maybe 300,000,000

and I mine I have some eth I hold not to count the infrastructure I have the cpus the psus the mobos the cooling fans the building

I am only 10gh but why not fight eth and mr v by supporting mr sp_

the only ones at risk are stakers.

btw. 32 coins is now only 40k to risk.

I have far more at risk in my gear than a 32coin staker.

My main point is the stakes coins are not much value anymore 1.7 billion is not a lot.