Xavier Zepherious
it's getting forked
so you will have ETH1.0(POW) and ETH2.0(POS)
there will be POW and POS
 
not everyone can stake at 32k buyin- only the big players will move
 
the designer in a few years wants to merge them later to POWS (proof of work and stake)
 
 
pos
you machine better run 24/7 becuase you get paid by consistant up time - so if you go down well - you lose some of your stake
if you more resilent you gain stake

Oh i didnt know ETH1.0 would stay.
Didnt know exactly how POS would change the game, but I guess that means the need for more mining gpus will only keep growing anyways :v

Ethereum GeneSys Foundation Has Completed A 'Hard Fork' Of Ethereum to Reclaim Staked ETH 2.0 Coins, And Incentivize The PoW Mining Community On The Blockchain Network 

 
https://www.prnewswire.co...network-301272383.html
 
 ETH 2.0
not everyone can stake at 32k buyin.....NOT
....it's 32ETH buyin so that be more than $64K
 
ohhh you can buy a shard - but then be at the mercy of a validator - if that person dies or rigs goes offline indefinitely you could loose your investment entirely
i don't like that idea - if you gonna be in you stake yourself and don't rely on someone else's network node
 
don't kid me wrong here i'll move to ETH2.0 when i have the $$$ to do so
i more likely buy an antminer and mine with the new mining rig which makes 7.5K monthly BTC... get a couple of those first
in 6 month i can pay those off and make clear $$$$
 
 
 
2nd
 
nicehash or betterhash sell your GPU time and pays you BTC
 they can effectively own their own eth2.0 nodes(and you are a shard on their network) or sell you GPU time to nodes that need shards
 
 
it may just change the way mining happens
 
3rd
nicehash.betterhash uses algorithm to make better use of your gpu to make the most $$$ for you and switch what they may mine min to min or hr to hr
 

what is everyone's opinion on the price of BTC in 3 years

There is no need to spam a post after another post.  There is an "edit" button if you ever get the urge to add to your previous post.

It is not profitable to invest in btc.

Prices have fallen to under $37,000 and recently touched $32,000 
 

kram36

veganfanatic
Prices have fallen to under $37,000 and recently touched $32,000 
 

Last year at this time Bitcoin was at around $9,500. So, what's your point?

It can fall faster than a rock due to 100:1 leveraged trades
 

veganfanatic

kram36

veganfanatic
Prices have fallen to under $37,000 and recently touched $32,000 
 

Last year at this time Bitcoin was at around $9,500. So, what's your point?

It can fall faster than a rock due to 100:1 leveraged trades
 

It's up 3.5 X higher than this time last year and still higher than when everyone went kookoo for cocoa puffs a few years ago when it just touched $20,000 lol.

The price of bitcoin today is too high to buy. It is better to think about purchasing ethereum or other crypto currency. It is not profitable to invest in btc, because we do not know how much it will rise and whether it will rise at all. Elon Musk has already abandoned bitcoin, and as we know, he had a huge impact on this cryptocurrency. You will only have to wait for a decrease in the price of bitcoin, buy it and immediately transfer btc to inr. This way you will better understand the course and will be able to get a little rich on the price increase. In general, I adhere to the strategy of buying another cryptocurrency, but this requires a competent analysis.

I have heard that miners are already selling mining rigs.
 
Likely won't solve the GPU crisis, but it might be a start. Too bad that retailers will take months to realize that the people willing to pay 2000$-3500$ for a 700-800$ GPU is not that big.

The prices were inflated and are being held up by trading back and forth with stablecoins - Tether (USDT) and USDC. Billions of dollars of these stablecoins are being created out of thin air for this purpose. There not enough actual money being brought in, so if enough people try to exit the risk of prices suddenly imploding is very high.

Puddles.

Xavier Zepherious
some in china are selling but a huge section of chinese mines are moving to india or the USA
anywhere they can get cheap power and gov regulation at min
 
a stable enviroment 
 
 

India/stable environment. An oxymoron if ever I read one. 

cheap power
no regulatory threat 
 
 

what a clairvoyant

Xavier Zepherious
which is why the Chinese are looking to move the farms to North America
US is #2 in production of Bitcoin

That's a different kettle to India my friend.  I'm sure the PRC are in talks on how to bleed the USA on that front too. 

The latest downfall was only a small dip on the bigger view