Hello folks,
I wanted to touch base on the topic of when ETH finally moves from POW mining to POS. As I understand the minimum amount of ETH required to stake is 32 ETH. I myself do not have any ETH at this time, so I will not be participating in POS. The question is will the ETH miners move to the ETC blockchain? Or will they find another Ethash coin to mine? I myself am a ETC fan, I cant help it...I know there are other Ethash coins to mine and other algorithms that AMD and Nvidia GPUs use, so I think the miners will move to the next highest profitable coin for their rigs to mine. The ETH POS was supposed to launch in January 2020 but that has not happened yet , and it seems like ETH has been just getting pushed back time and time again for this transition.
I myself as a miner I will probably stick with ETC and get into some staking on other coins such as Cardano, Algorand and maybe Tezos. It is summer here and my rig is off because it is too hot , so I need an alternative for my crypto earnings. Let me know what you guys/gals think about ETH miners and where are they gonna go once this happens.