I'm sure most of you must have heard about EIP 1559, this is already in work to limit the profitability of Ethereum mining, if you haven't heard about this you can go through this link
https://bitcointalk.org/index.php?topic=5309561.0The main reason why I create this topic is to seek for more knowledge cos I'm lost, we are all hoping for Ethereum POS to get here which we are told could take a year or more, people are frustrated about the Ethereum high gas fee and now we get EIP 1559, what is freaking wrong with Vitalik?
To me all this looks like POW algorithm for Ethereum is here to stay, going proof of stake is a complete joke, what do you have to say people?
If EIP 1559 can reduce profits in mining it will also fix the high gas fee, but it's still bad news for miners anyways, also the high gas fee can't be neglected
