Ethereum is moving to proof-of-stake on Sept 6, 2022

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Neither implode nor explodes,,, It will be delayed smi(&%smi(&%smi(&%smi(&%smi(&%smi(&%smi(&%smi(&%
 
It has been running for a long time on the test network already, its not‌ like they are putting it live without testing.
 
dump the news event, can't see it as a catalyst for change in the market!‌ Nasdaq is up, risk-on assets do really well when Nasdaq is up, and BTC is‍ pretty much correlated to the s&p 500 that's the lead for now
 
its gets more centralized and DPOS already exist since 2014 no big deal at all‌
hardforking will be way easier and the most sad part will be the corrupt DPOS‍ node runners who already destroyed many known coins like EOS for example
 
nice move, I guess they want‍ some noise, they are not amongst the top 10 cloud providers, over 60% of cloud⁠ infra. providers are run by 4 companies there are many other alternatives.
 
So if they do not permit mining and staking and its against their terms and‌ conditions why have they not enforced the terms and conditions? I guess $$$$$$
 
We will know more in a month…
Fortunately, no coin can take a negative value.‌
 
My guess is that Hetzner will just come up with a line of servers just‌ for that and these will be 50% more expensive and that's it 😀
 
I think because they are among‌ the cheapest (mostly because they use home computer grade components, not server computer grade ones‍ that are more expensive) and probably because they do less KYS than others. They've been⁠ hosting a lot of pirated content as well.
 
majority of nodes i know where running on hetzner.
nodes needed a lot of RAM‌ which you could get the cheapest on hetzner.
also they have great ping from frankfurt‍ which made your node responding very fast and missing only a few blocks per month⁠
 
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