will all ETH miners move to ETC after the merge in July?
what are the financial implications?
Will all ETH miners move to ETC after the merge in July?
>the merge in July
haaaaaaaaaaa
No, they'll dump their cards. Mining is only profitable because ETH is be-all end-all of GPU mining value.
Ergo is the chosen one
this doesn't make sense because current ETC profitability is close to ETH and its only a software switch from miners perspective.
mines are more than just GPUs, the boards, premises, etc...
also fifthening soon on etc
>what is difficulty
fucking non miners should refrain from these threads
Take a look at ETC github, it's a complete joke.
I'll mine Ergo with all cards
They will move to the flux network.
Nigger
I've talked to several ETH miners who will switch to RVN. Some have already switched part of the hardware over.
What was their reasoning ? afaik RVN doesn't have smart contracts
What will be mined is always determined by profit. Maybe it has something to do with block reward, network difficulty and GPU hash power efficiency. Being a miner means you go where it is profitable I suppose.
Ergo is the most undervalued coin in crypto. It has the most solid and sustainable plan. Not to mention the cofounder of smartcontracts.com founded it. buy/mine Ergo now and wait.
Asics will move to etc, GPUs will move to something else since they can't compete with asics on a relatively weak crypto.
Alternative coins will pump just like when eip 1559 came into effect. Alternative coins are rvn, ergo, flux, cfx, sero, firo
I accumulated rvn, will probably accumulate some flux too
I just want ETC to dip again. I sold at $9 and never got back in. Watched it 10x and more. Reeeeeeeeeeeeeeee
Lol
It's not too late but you aren't getting a 9x at this point. 2-4x if you're lucky.
I'm sure billions of dollars of ethash asic miners will just turn off and never run again after the POS merge even though ETC uses ethash algorithm.
>pic related
>rvn
nice joke, you'll get pennies compared to dollars coming from mining ETH due to it's retardedly high difficulty and it'll only increase cause of retarded GPU miners not able to understand EV. Also, hope those GPU miners moving to RVN know how to re-apply thermal paste to their GPU's on the reg.
Kek
Also yes the bull case for ETC is obvious, the question how many on biz can see it
>The original eth
>Pow
>Fifthening soon
Its matter of time gents
And of course eth merge will flood with eth miners to etc, creating "demand"