I came here specifically to see the miners cry, and I don't feel the slightest bit sorry for them because they now understand how we gamers felt during the gpu shortage without having to lose hundreds of dollars in the process, hahaha.
I feel sorry for people who take pleasure in someone's problems. Sooner or later you will problems with stomach ulcers, liver disease, or heart disease just like most spitfires. just love and be loved. I'm also waiting to build my gaming PC for last 4 years. But I'm not about to blame miners for it and do "hahaha" when their business is going to go extinct.
Real Vision founder Raoul Pal somehow believes ETH will outrank BTC in the next bull market. It's quite a shill if you ask the BTC maximalist but with the money coming from the macro environment, ETH believers think it has some grain of truth to it.
Gradually, congress right now seems part of suppressing BTC through the Bitcoin mining ban already, with this law I personally think there will be miners who might lay off.
That could be said only by someone who knows about eth and btc only. The guy is talking about BTC maximalist not realizing he is a ETH maximalist. Before merge ETH was the most secured smart contract platform. It was expensive and slow but the most decentralized and safe. That's why it was not already killed by BNB,SOL,DOT and others. Now, after switch to POS it will have to compete with other altcoins on completely different level. So surpassing BTC is as possible as losing with BNB,SOL,AVAX nad dozens more and going down below top 10 CMC because ETH just gave up on the biggest advantage it had over other SC platforms.