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Comment by caioariede | Hacker News Reader
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caioariede
·
Those guys will probably switch to another PoW coin
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crypt1d
·
some will. But ETH has the majority of the hashing power, so any significant moves to other coins will result in major difficulty increases. Which will further decrease mining profitability and hence even more GPUs on the market.
danmaz74
·
Probably ETC?
Reply on news.ycombinator.com