also if ethereum go pos, another big coin will emerge, probably decred, so a pump there is not so unexpected in the near future
the money will always move in way or another and diff will follow
the money will always move in way or another and diff will follow
Investors don't just decide to invest in a new coin when one goes PoS in order to feed miners money. If Eth dies, either by bottoming out or PoS, miners are more then likely SoL. Decred and Vanilla are the next closest things.
Before Eth it was Dash and Dash has been private kernels/ASIC for quite some time... three months ago we were making $.50 profit on a 970, today it's $6... This is definitely a high point and it shouldn't be expected it'll stay this way.
money does not vanish, they always float one way or another, there will be always a strong altcoin, like it was litecoin, then doge, then darkcoin, then blackcoin, then ethereum, then it will be decred or a ethereum clone or a new thing, this section will never die, this what i've understand
Putting aside how unlikely it is that money will always be static in cryptos... It doesn't stay the same between 'altcoins'. Investors don't decide to invest based on the needs of miners. It's based on profitability and how much they believe in the coin. Believe it or not, there are a lot of coins that aren't GPU mineable... including this coin called Bitcoin.
Looking at the past, your logic completely breaks as three months ago there wasn't anything close to as profitable as it is right now in the GPU mining sector. Before that, there were about six months ago (still not as profitable, but profitable), before that more so.
As I mentioned before, GPU mining hash has grown about 30% in the last two weeks... Maybe closer to 50% as Eth has gained another 300Mh since then.
The x11 algo used to have 500GHASH.
The Quark algo used to have 200-300 GHASH
the lyra2v2 algo used to have 100GHASH etc..
People move their rigs to mine etherum. If etherum go pos, they will move their rigs back to what they used to mine.
ps. The quark algo is now paying above 0.5BTC/GHASH @ http://www.zpool.ca (0,015234BTC / Day ($6.4))
The 980ti should do 30MHASH with my buyable private miner on the 980ti with a little overclock. (0.1BTC)
The quark opensource kernal does 2.5MHASH on the r9 280x
Yup and they'll get smooshed. There is definitely a increase in hashrate due to Ethereum, the 50% increase in hash isn't just people moving away from other coins. That's what happened at first. Now it's people buying new hardware.
)) decred i have rev3. don't remember others 
