【Title: Why Are Miners Pausing Expansion? Could Slower Hashrate Growth Be a Positive?】
Vitalik Buterin thinks slower hashrate growth isn't that alarming. Advances in algorithms could help existing data centers reach greater capabilities faster, meaning computing power may not be as scarce as we think.
Ethereum founder Vitalik Buterin disagrees with the extreme rhetoric recently opposing data center expansion. His reasoning is that advances in algorithms could allow data centers to achieve in about four years the computing-power target that would otherwise require a much larger scale over two years. Put simply: computing power could peak sooner than expected, and may not necessarily become scarcer.
Market impact
🎯 Short term: This view could at least ease market fears about tight computing-power supply. ETH may stop its downward trend as a result, though the impact is unlikely to be significant.
🎯 Medium term: If an algorithmic revolution really delivers, Ethereum's long-term demand for computing power may need to be reassessed—but that will take time to verify.
Go easy on me if I'm wrong. I'm only testing this idea with a small position myself. I'm about 70% confident in this view; I'll leave the other 30% to the market. What do you think?
⚠️ This is not investment advice.
$BTC $ETH $BNB
Vitalik Buterin thinks slower hashrate growth isn't that alarming. Advances in algorithms could help existing data centers reach greater capabilities faster, meaning computing power may not be as scarce as we think.
Ethereum founder Vitalik Buterin disagrees with the extreme rhetoric recently opposing data center expansion. His reasoning is that advances in algorithms could allow data centers to achieve in about four years the computing-power target that would otherwise require a much larger scale over two years. Put simply: computing power could peak sooner than expected, and may not necessarily become scarcer.
Market impact
🎯 Short term: This view could at least ease market fears about tight computing-power supply. ETH may stop its downward trend as a result, though the impact is unlikely to be significant.
🎯 Medium term: If an algorithmic revolution really delivers, Ethereum's long-term demand for computing power may need to be reassessed—but that will take time to verify.
Go easy on me if I'm wrong. I'm only testing this idea with a small position myself. I'm about 70% confident in this view; I'll leave the other 30% to the market. What do you think?
⚠️ This is not investment advice.
$BTC $ETH $BNB
