While I truly support decentralized mining (best achieved with gpus) I am absolutely DISGUSTED by the ETHW or eg. DCRN project.
Etheremine announced today that their staking pool will be without US citizens. The new POS network will move away from US servers because the POS holders are financing the biggest money laundering network in the world and their funds can be confiscated. Ethereum 2.0 will become a Tornado POS network owned and run from Russia, Iran and North Korea.
The law is simple.
Stablecoins will have to leave the network because all of the validators are banned from the US.
That's why we need ETHW and POW mining. A safe, legal and secure place for the stablecoins.
https://beincrypto.com/eth-mining-pos-activities-prohibited-says-data-service-provider/So another platform that the US people can't use. Its funny. It one of the largest financial capital of the world. However if any small fish wants a piece of the pie they are forbidden. Just like with the pattern day trader rule. You need $25K to day trade. Saying its to prevent losses. And since most people don't have $25K saved up, they can't day trade.
Same goes with the crypto futures and such. Its getting pretty ridiculous living in that country. And the excuse it always the same. "Its to protect the consumer".