@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.
@antichrist_hater @Moon nah, as far as I understand staking it's a good evolution, less energy required, and possibly less probability of malicious people disrupting the network. The verification process for transactions isn't solely dependent on who has the biggest rig.
@mangeurdenuage @Moon if eth fails then nothing happens, if it succeeds then there will be a caste of people who own it and another one of those who didnt get any prior to this moment, or prior to the moment when the prize went up massively, it's gonna fail anyway, all current currencies are gonna be replaced.
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@antichrist_hater @mangeurdenuage @Moon
Nah. that's just the surface critique of capitalism over again.

There is nothing like "hoarding money", because you have to spend it to recieve any benefit.

Not even shares do that ironically enough. :D

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@LukeAlmighty @mangeurdenuage @Moon yes eth can no longer be mined, now you use already owned eth to stake it and get more out of it.
ethereum moved from proof of work to proof of stake.
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