Consensus layer dev call wrapped up:
1) Mainnet shadow fork #7 to take place next week.
2) Sepolia testnet beacon chain to also launch next week, TTD/merge the week after.
So Sepolia testnet could be done by Jul 1 with Goerli to follow after. Since Ropsten was done Jun 8, Sepolia planned for Jul 1, if the same one month spacing is followed Goerli could be done by start of Aug. So mainnet could be in Sep.pda
Also, EIP-5133's 700,000 block adjustment to the difficulty bomb offset has been accepted and implemented in code. Three execution layer clients already have updated code releases, fourth client to release by today or tomorrow. This offset corresponds to an approx 3.5 month adjustment and means the ~15 sec block times being experienced now will instead occur by the end of Sep.
Thanks again for the constant updates. I have been busy with college and work lately, so can't keep a track of the merge. I used to check Tim Beiko's tweets for updates when I was active on Twitter, but now I just check this thread and your replies especially.
According to odds, there's a 50% chance of merge coming in September.
I sold my 1.5-years old 3080s too at MSRP last month. Now they are going for half the price lol
I'm glad I sold 15 or so video cards this week at MSRP prices too. I bought the RTX 3060's for $570, made $120 of mining profit on each one, then sold them for $300 net. That is a loss, but it could be much worse. They make 50 cents of profit/day now, plus my power cost will rise from 8 cents to 10 cents. Not worth it. I'll wait until the big crash, then I can likely buy back these RTX 3060's for just $170.
indeed. This bloodshed will turn many devs into Judas. People think differently when it's about survival.
I'm a developer and I'm not afraid at all. The most successful crypto companies were started during the bear market. They already built the technology by the time the bull market started, so they were prepared for the massive influx of new users. I remember creating a Coinbase account back in 2016, seeing the website improve, then seeing them handling all the new users in 2017-2018 effortlessly. But I don't use Coinbase anymore.
Given how so many projects are already failing under the stress. ETH can suffer the same fate if there's a bug in any major client. This merge can become very scary with the potential of destroying the whole crypto sphere.
Devs definitely want the merge, but they will betray the timeline for the security of ETH. They would want to be extra sure, now more than ever.
Let's wait for the gray glacier now, that update will provide a good answer to WEN MERGE question. For now, it seems to be mid-September(refer to cudapop's reply for the particulars)
. 
