@Moon is this funny bc that merge thing made it very unprofitable to mine eth or something?
@antichrist_hater eth mining ended this morning, now it's all staking.
@Moon Idk what that means but it sounds like a really bad idea maybe
@antichrist_hater all you need to know is he is saying he just got done building a mining rig, and mining ended forever this morning.
@Moon ye I get that, now Im gonna google staking
@antichrist_hater Where you 'cash in' what you already have for passive income, rather than it leaving the network. Generally this is used to help verify transactions.
@Moon
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@thatbrickster @Moon yea I don't see how that could go wrong...
nobody can mine ethereum, they can only get it by buying it from those who already have it, also those who have it have an incentive to not use it, but the passive profit is only a result of using it, I'm no economist but it looks like a shit idea.
nobody can mine ethereum, they can only get it by buying it from those who already have it, also those who have it have an incentive to not use it, but the passive profit is only a result of using it, I'm no economist but it looks like a shit idea.
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@antichrist_hater @Moon @thatbrickster
Actually, system like this had never been tried as far as I know. While it was minable, it was comparable to golden system, but now, it will become pure market pricing.
As a libertarian, this is a wet dream 
@antichrist_hater @Moon