Miner Chandler Guo Expects 90% of PoW Miners Will Go Bankrupt

Sep 16, 2022

Some miners have turned to a proof-of-work (PoW) fork of Ethereum so they can continue mining. Chandler Guo, one of the fork’s strongest advocates, explains why he thinks only 10% of miners using PoW to mine ETHPoW (the token of the Ethereum Merge fork) or ETC (the token of Ethereum Classic) will ultimately survive.

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