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Isn't ETC quite clear precedent for that? It obviously wouldn't be as large and probably suffer from everyone on real ETH selling off their duplicated assets,
by sascha_sl 4y ago
Isn't ETC quite clear precedent for that?
It obviously wouldn't be as large and probably suffer from everyone on real ETH selling off their duplicated assets, but it'll surely be a thing, a last ditch effort to keep mining rigs profitable before everyone moves on to the next best coin?
- arlcode 4y agoSure it could happen (and probably will in some form). However unless it captures a siginficant fraction of ETH value it won't be worth much and in turn won't be attractive to miners. Right now ETH makes up 95+ percent of all GPU miner revenue and there aren't a lot of (successful) new POW coins these days. I think the (GPU mining) market simply collapsing has a high likelihood.