Fellowship of Ethereum Magicians – Final Request From the GPU Mining Community


Well it looks like my request a few weeks ago https://ethereum-magicians.org/t/final-request-from-the-gpu-mining-community/1050 failed.

In the Development call last week they made a decision to reduce issuance from 3 to 2 and postpone difficulty bomb. The anti-ASIC algo change is not going to happen now at least until 8 months from now. My guess it will never happen. I am going to laugh my ass off when Ethererum is < $100 when they try to reduce the issuance and the network goes to zero hash.

Next time they should listen to what the miners said six months ago and fork ASICs off. They did not want a fork to get in the way of Casper release this year and then drug their feet to even get Casper done. The ASICs killed Ethereum as miners had to liquidate holdings to pay for costs. RIP ETH.

Good luck guys, just sold all my Ethereum from over 2 years of mining. See you below $100.

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