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And will end entirely in a few months.
by cslarson 5y ago
And will end entirely in a few months.
- gizmo385 5y agoEthereum has been saying that for years. Isn't the current timeline end of 2022? Also there are broader issues with crypto beyond its environmental impact and some issues with proof of stake specifically.
- pkulak 5y agoAt least they acknowledge the problem and are trying to solve it. EDIT: Holy smokes, it is absolutely exhausting to say anything even neutral about a cryptocurrency on Hacker News. I'm gonna take a break. I wanna get back to talking about all the other interesting things out there.
- gizmo385 5y agoThey are trying to solve one of the problems, yes but there are broader issues with crypto beyond the large scale environmental issues. And even when Ethereum does switch to proof of stake, it seems likely that many of the people who run large scale mining farms will just move to a different chain that they can still dedicate their GPUs to.
- pkulak 5y ago> They are trying to solve one of the problems, yes That was the only point I was trying to make. It's okay to agree with me, instead of carrying the goal posts off into the distance. :D
- cslarson 5y ago> it seems likely that many of the people who run large scale mining farms will just move to a different chain that they can still dedicate their GPUs to Not likely. Other chains do not have the economic incentives to support these ex-Ethereum miners. Mostly it will just cease.
- dagmx 5y ago"We created a problem...as a solution for an issue that didn't exist...and should now get brownie points for trying to solve it unsuccessfully for years"
- moneywoes 5y agoWhat crypto friendly forums do you visit?
- birracerveza 5y agoAnd everyone will get a free unicorn!
- cslarson 5y agoBasically yes. If people on hn got their heads out of the sand they'd learn being in the space was pretty profitable because of all the incentives offered to users.
- h4kor 5y agoDidn't they want to end it already a few month ago?