"Ethereum developers initially needed miners for their coin but once successful they’ve thrown them under the bus. They cared about miners when Ethereum lacked mining support, and once they received it, they started to mistreat them. Large pools support the Ethereum Developers because they have large stores of ETH, making them investors themselves. They do not value their miners because they plan to dump them when 2.0 comes. Miners are no longer vital to the Ethereum developers or big mining pools because they’ve made their money, and now miners are an embarrassment. The developers and big mining pools had forgotten where they came from and supported them when they started out. Remind them that your not a dog. Take your business elsewhere."
"give me money because I have a moral claim to it" is so antithetical to the idea of Ethereum that I support eip 1559 purely on the basis of this terrible argument against it.
"Miners have strongly opposed this change, as it will significantly decrease their revenue, and they have even went as far as creating a website dedicated to stopping its integration. The currently listed mining pools on this website that are against EIP-1559 far exceed the required 51% hash power."
Honestly it's not really surprising, if you tell someone who's making 100k/year that starting from date X he'll make 10k/year he will most likely tell you to go to hell.
Haha the parallels with the real world are uncanny, I almost thought this was satire.
Honestly I've barely paid attention to ethereum and still knew they were moving to proof of stake for years now. Why would you invest so much in mining hardware when this was going to happen? Also can't they use that same hardware to mine other cryptocurrencies? There's plenty out there.
If they believed in Ethereum, they would have hold on to it (after paying for operations). Then they could transition to staking and make the whole ecosystem that much more interesting by locking their ETH. They act like they were loyal, they did it for the money and they are free to fork ETH if they are not happy. Each goes along with its interest.
"Hard-working miners?" I mean, I guess it isn't EASY to buy up all of the graphics cards in the world and consume more energy than Argentina, but that doesn't mean that it's GOOD that they're "working" so hard...
11 comments
[ 3.4 ms ] story [ 34.4 ms ] threadSee also:
- https://our.status.im/vitalik-escalates-eth-2-0-merge-as-min...
... as featured here:
- https://news.ycombinator.com/item?id=26441399
Honestly I've barely paid attention to ethereum and still knew they were moving to proof of stake for years now. Why would you invest so much in mining hardware when this was going to happen? Also can't they use that same hardware to mine other cryptocurrencies? There's plenty out there.
Mining was a fun fad, but it's time to let it go.