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Miners will rebel and continue mining, some will mine on an ETH fork and others switch to other coins. GPUs will not be returned to gamers anytime soon.
by antocv 5y ago
Miners will rebel and continue mining, some will mine on an ETH fork and others switch to other coins. GPUs will not be returned to gamers anytime soon.
- lalaland1125 5y agoTheoretically the ETH PoW fork will drop in value relative to the original ETH. That would decrease the mining reward and result in less mining (and more GPUs returned to gamers).
- antocv 5y agoYou cant kill a PoW chain, see Dogecoin. Sad but it is what it is.
- lalaland1125 5y agoThe goal isn't to "kill" the coin entirely, the goal is to reduce the amount of mining by 99% or more. And that's an easily achieveable goal. See Ethereum Classic which only uses 1% of the resources of Ethereum because of how low its price is.