Ethereum update: Ethereum DEVs are the reason why we are here
Well, they came up with “ASIC Resistant, High-mem dependable coin” project and said “it will be ASIC resistant”. However, they preferred staying “silent” after Bitmain E3 and possible better ASIC Bitmain is testing.
Now, although profitability is really low, difficulty is not going down, not because everyone has 5 cents per kwh electricity, but because chinese miners are using ASICs to mine ETH with very low electric consumption. Well, Devs are the reason why we can’t mine anymore with these rates.
Thank you devs, for staying silent about Bitmain’s products and making Ethereum centralized.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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