If ETH doesn't fork ASICs off they are the enabler that allows small time miners to get scammed by ASIC manufacturers. I wonder how they can square that with their conscience.
If that doesn't make eth devs fork, we definitely know they have a hidden agenda and that [tinfoil hat on] maybe some of the devs are compromised by Bitmain/other ASIC manufacturers. This is a multi B economy after all. [tinfoil hat off]
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They actually think this will increase the price of eth. It’s a joke. This community has spent more time thinking about the best way to pay themselves interest for the past couple of years than they have spent building something that people actually use.
I’m so disappointed in the way Ethereum has gone in the last 18 months.
Why bother, this will be solved by POS anyway.
Holy shit, this might actually start the ETH bull run already today.
POS isn't coming until 2020..
coindesk.com
>muh infiinite supply inflationary asic mined coin is going to go up
Yeah user...you might want to learn about supply/demand
Too much supply..not enough demand
What? I'm not talking about supply. Supply is going to be just fine. What is implied with this move is entirely something else. I might actually invest in ETH this time around.
More asics, faster block times, higher inflation.
>faster block times
what is difficulty adjustment
>Why bother, this will be solved by POS anyway.
yes user, this will be solved by POS in 2020-2022.
I think I know what you are seeing in this move. This will be a big thing and will start to blow up the price in the following months.
Oh it might be quicker than you realize. Maybe the recent minipump was already because of this. Who knows when they actually started mining with the new equipment.
>Retards still mining ETH with GPU's rather than Monero
You realize the price is going to go down based on this, not up. Right?
Explain your (((logic))) for why price would go up with higher centralization by ASICs, please.
I'm less concerned with increased inflation than I am with losing decentralisation.
If ASIC miners control most of the network, and push out the hobbyists with lower ROI then the network becomes centralised.
Luckily the devs are aware of this and there is an improvement to the existing PoW algorithm coming soon that makes OPs FUD attempt poor
> OP sorry you sold your bags at the bottom swing trading
>See you at the top
> Please try again.
This aint plebbit, son. I'm not going to spoon-feed you. I don't care what the next trade of some random guy on Jow Forums is going to be, nor do I need validation.
Much centralization, such price increase wow. Get real.
Absolute state of Jow Forums IQ right here. You aren't still getting it are you? The miners are smart and can think more than one step ahead.
Pathetic tier hopium. Can't even give reasons. This is bad for eth
shit...
what's the best CNv7 miner?
>muh 2020
They are in use now. Mine for 18months then sell the shit boxes to Joe public for 2.5k ea. Chink scam 101
hey dumbfuck, 2020 is the absolute earliest that POS comes to ETH. learn to read
that's not how pow works
Btc is waiting
Did you actually looked at the source code for ETH POS, its a fuckin joke, they are nowhere near aworkin alpha version
>Luckily the devs are aware of this and there is an improvement to the existing PoW algorithm coming soon that makes OPs FUD attempt poor
source?
Eth is a mess
at least use current FUD talking points not shit that has been irrelevant for months
yikes. didn't know Vlad was a bronie. that's good for the tech though, I wouldn't trust the scaling solution to be solved by a normie.
GPU miner here, I can't find a source on the 62x speed up. Can anyone post a link?
What the fuck how the fuck is that even possible
my 6 yo daughter has the same headband
All of ether is a scam. It's all going to $0.
>ASIC mining is bad
>selling ASIC miners is bad, when we know that there must already be companies who design and make ASIC miners to mine shittons of coin with, regardless of whether they sell them to others so that others can reach their level of output and subsequently increase the value of the coin
>reaching the fullest potential for efficiency is bad
literally demanding the government of the coin to keep out "cheaters" when these cheaters will find a way to exist with or without giving you the opportunity to get on their level
>the future of finance
might as well invest in fluffypony/monero with that reasoning