Crypto Miners Meeting on EiP 1559 Ethereum Proposal

Crypto Miners meeting to discuss Ethereum Proposal EiP 1559, with the big guys. BitsBeTrippin, Red Panda Mining, Son Of A Tech, iMineblocks, and possibly VoskCoin…..some more.

1:43 Start of meeting
3:40 Introductions of Crypto Miners
15:08 EIP 1559 Opening Concerns
22:57 Fee Burning – is a valid solution and worth implementing now?
26:11 Does not decrease fees, but makes it more predictable
27:40 How are Pools going to Sort – Prioritize, concerns
31:29 Block Mechanism
32:50 Alternative – Layer 2
37:15 EIP 1559 timeline and POS decentralized concerns
43:12 Will EIP 1559 measure be implemented in 2.0
49:44 Concerns with lost Profit (-30 to -40%)
1:02:54 Efficiency
1:07:36 End User experience – participation – Incentives
1:25:29 Additional Proposals – State of EIP 969
1:49:24 Concerns about chain split and security

Articles or Resources on EIP 1559:

Demystifying EIP 1559:

It’s time to vote on what miners want to be done about EIP-1559:

Why 1559?:

EIP-1559 Miner FAQ:

EIP-1559 Resources:

Best GPUs for Mining Crypto in 2020 – 2021:

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#Cryptocurrency #Ethereum #EIP1559