RE: Rumors Swirl That Bitmain Will Release Ethereum ASIC Miner

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Rumors Swirl That Bitmain Will Release Ethereum ASIC Miner

in bitcoin •  7 years ago 

What's the point, though, since Ethereum will be moving to Proof of Stake?

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People have been saying that for years, and if im not mistaken I believe the date for POS has changed before. But it's a great point! But if the ASIC was the most efficient way to mine ETH and you plan to participate in POS, why wouldn't you stack ETH with ASIC miner? Right?

Maybe... But I'm not thinking about staking it. I usually have very few ETH at any given time, since I invest it all in ICOs.

I will be impressed if they can produce a cost effective device with the amount of hash power they claim they are going to get.... I still call BS that they are going to design anything more than a GPU rig.