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RE: Ethereum mining difficulty boom again today!

in #crypto7 years ago

At this rate ETH will need to move to PoS quite soon.... rumors back in April were saying we will move in Q4... still we have no real confirmation about it... but in 3 months the mining return decreased of 60%... not sure I will keep ETH for many months...

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So you think by turning to PoS the price will fall?

as initial shock yes, but only because people are in general afraid of chances... from a technology point of view the price should increase as transactions are going to be way faster and fees way lower...