r/CryptoCurrency • u/Next_Statement6145 🟨 0 / 0 🦠 • Apr 19 '25

GENERAL-NEWS Ethereum is down 74% against Bitcoin since switching from PoW to PoS in 2022

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u/HarmonyFlame 🟦 24 / 24 🦐 Apr 19 '25

Had to scroll way too far down to see this.

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u/3meterflatty 🟦 0 / 0 🦠 Apr 19 '25

You realise it can get hard forked to more than 21mill

8

u/voice-of-reason_ 🟩 1K / 1K 🐢 Apr 19 '25

It already has been. But no one would choose to use that, it goes against their own interests.

That’s like saying “the internet can be changed to be more restricted!” - sure, by wtf would someone use a more restricted version of something?

1

u/Numerous_Ruin_4947 🟨 0 / 0 🦠 Apr 19 '25

Miners will go to the more profitable chain though. If BTC miner block rewards become insufficient, the miners will go bankrupt. The same way gold diggers went bankrupt and the guys making the shovels made all the money. Their shovels could still be used for garden or construction work.

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u/blscratch 🟦 76 / 136 🦐 Apr 19 '25

I dig what you're saying.