Why Bitcoin Miners Need to Take Ethereum Seriously

), less has been said about how the ideology drives financial markets – including its influence on deployment decisions for institutional capital. This is worth examining because digital asset allocations may now be poised for a revolutionary shift towards the Ethereum blockchain.

Bitcoin miners, in particular, may face a new opportunity as Ethereum’s potential value is unlocked. This opportunity may help offset and reverse the pressured margins that have dominated the sector starting in 2022, and may continue for some time.Next year, the number of bitcoins that can be mined per block will drop from 6.25 bitcoin to 3.125, making it harder for miners to turn a profit – unless, of course, the BTC price rises and/or network competition declines enough to compensate.

Ethereum’s network and its possibilities, by contrast, are always changing. Ethereum developers have fueled a proliferation of use cases, including the rise of decentralized exchanges , stablecoins and non-fungible tokens . Ethereum’s successful transition to PoS marked a major milestone in the history of blockchain. Looking ahead, the network will undergo several new upgrades, including thein March and sharding thereafter .

3.125 is per year,month,day or what is the time

No big deal. There are too many miners at this price anyway. A healthy drop is necessary. If the price goes up, more will jump on board. Mining is a commodity business. Just like gold mining, its is a cyclical business.

Staking Eth would not support their Bitcoin mining operation. In fact it would take away the profitability of mining Bitcoin. This is some pretty dumb logic to try and support Ethereum over Bitcoin.

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Before some risk based downtrend, few months after, the effective pricing of the new scarcity narrative will get us to 100k 09/24 Education

Let google mine it all and get it over with in 8 hours

Or miners will migrate to another POW coin. BTC is the king now, but kings rise and fall.

100k Bitcoin next year

SamirTabar This is a very interesting article

SamirTabar MatrixAINetwork used a hybrid PoS/PoW consensus mechanism in its 2.0 to enable high TPS. Using a stochastic clustering algorithm, a dynamic delegate network is generated every election cycle to ensure high concurrency throughout the network. Pls refer to

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