Thread: Money Bitcoin Take?
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Old 05-11-2021, 12:23 PM   #2629
Molitoth Molitoth is offline
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Join Date: Apr 2004
Casino cash: $2974969
Quote:
Originally Posted by ChiefRocka View Post
Just remember, come July-ish Ethereum transitions wholly to Proof of Stake. You can repurpose your HW to mine other assets but if I were you I’d spend money now to acquire more ETH for staking. EIP-1559 also makes ETH less inflationary than Bitcoin for a good while. I think you’re seeing these facts getting priced in now with this meteoric rise.
Thanks for the info!
I did much research this morning on EIP-1559, and while that is a bummer for my future ETH mining hobby, like you said... I can move to other trending assets after July.

I did toss another $2k at ETH today.

LETSS GGGGGGGGGOOOOOOOOOOOOOOO.

Currently in the rabbithole of researching NFT's for the music I write/produce. That tech seems like it could be a ways off though.... and probably way better for high established artists.
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