I've been reading a number of articles over the past week. With China essential throwing the market a little crazy, it sounds like ETH is going to start making the big move to 'Proof of Stake' from 'Proof of Work'. No exact timeline as to when this will occur, but it sounds like it's going to happen. (and probably sooner rather than later)
So what happens to all those mining ETH? Will it no longer be possible to do once this occurs? Will what we have mined increase in value because of the move and it's harder to obtain?
And what would be the next switch to mine if not ETH? ETC still holds some value and is still mine-able. But perhaps we should be mining
Thoughts? Discussion?
Does not belong in this thread. but eth has been switching to pos for years.
If it does it will fully crash and burn 🔥. In about 2 years.