Only 10% of miners using an Ethereum proof-of-work fork to mine cryptocurrencies will survive, ChandlerGuo told CoinDesk TV’s “First Mover.” The fork that grew out of the Ethereum Merge is 'mediocre' right now but will improve, he said. _franvela reports
fork of Ethereum so they can continue mining. But even Chandler Guo, one of the fork's strongest advocates, thinks only 10% of miners using PoW to mine ETHPOW or ETC will ultimately survive.” program on Friday the miners with access to cheaper electricity will be the ones that survive.
“Some people [miners] have free electricity and can [continue] to work on that,” Guo said, referring to the PoW fork. “The other 90%, bankrupt.”
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