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2704967 No.2704967 [Reply] [Original]

Why is nobody here talking about the incoming Meltdown? As soon ETH changes to PoS, the miners will start mining all other altcoins. The diff will ramp up like crazy on all altcoins without it being profitable at all. The miners will all have to go or we will get a new ETH.

>> No.2704973

>>2704967
why would it be a meltdown? ETH is shit.

>> No.2704991

Miners have always dispersed among the many coins pretty evenly because that is the only way it remains profitable for all.
It's like you are too new to remember all the miners leaving LTC when it crashed...

>> No.2704997

>>2704973
If you mine BTC you need ascis. If you farm altcoins you need gpus. People ramped hard on these. The prices skyrockted worldwide on gpus. The miners will die off soon. Things will get rly weird soon.

>> No.2705035

>>2704991
I am indeed too new. But did the mine ops rly had such a scale like today? Most duds mine ETH atm dont they?

>> No.2705063

>>2705035
There are a shitload of coins and most large scale miners have the money to run their own pumps so they can mine just about anything and PnD it before switching to another.
As for those on a smaller scale that want a sure thing I can see XMR being a safe bet.

>> No.2705075

>>2704997
nobody will notice.

>> No.2705792

>>2704967
they will switch to 4chn and cacas