Ethereum end of POW phase estimation

[Matkurb]

Ethereum has a buildt in difficulty bomb that will remove all mining eventually. It's in the code, and to avoid it they need to hardfork..

I thought the time bomb has been delayed several times.

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[Ambros]

Ethereum has a buildt in difficulty bomb that will remove all mining eventually. It's in the code, and to avoid it they need to hardfork..

Yeah, that's clear.
Do you know what this bomb will go off?

[Matkurb]

Ethereum has a buildt in difficulty bomb that will remove all mining eventually. It's in the code, and to avoid it they need to hardfork..

Yeah, that's clear.
Do you know what this bomb will go off?

It will not go off for some time.

[RentGPU]

I think this bomb was made for asics , to keep asics away and also it maybe real but it will only fire if the difficulty rocket up due to asics , i don't think eth will turn pos no while it's gpu minable ,not while it's 2x profitable

[Farstdury]

I think this bomb was made for asics , to keep asics away and also it maybe real but it will only fire if the difficulty rocket up due to asics , i don't think eth will turn pos no while it's gpu minable ,not while it's 2x profitable

I do not think so. The bomb is to force to change to PoS.

[64dimensions]

There will be chaos if ETH goes to PoS.

As Phil Ma pointed out 1% - 2% ain't going to cut it. A law of finance is that the yield reflects the underlying risk. T-bills are about 1% and home secured mortgages are about 3.5%.

So the PoS phase, the financial yield in owning ETH tokens is between t-bills and a home secured loan?

[Farstdury]

There will be chaos if ETH goes to PoS.

As Phil Ma pointed out 1% - 2% ain't going to cut it. A law of finance is that the yield reflects the underlying risk. T-bills are about 1% and home secured mortgages are about 3.5%.

So the PoS phase, the financial yield in owning ETH tokens is between t-bills and a home secured loan?

I think it will be lower than the Tbills as it is safer.