Replies to post #69623 on Coin Citadel (CCTL)

[DawgTrading]

You refuse to see the other parts of alt coin and gpu mining. Whatever you use blinders when it suits you.

Nevermind that you posted false/misleading/misinformation about BTC hashing calculations, as well as the payment terms for leased servers.


CCTL must be the most valuable company in the world to you since you have such extreme interest in it more than absolutely anyone on the Internet lol.

[DawgTrading]

Mining doesnt go away for PoW there is Ethereum Classic, Ravencoin, many others still available and profitable...


"Right now it looks like it's going to be a mix between Ethereum Classic and Ravencoin,"

"So, GPU miners have an exit strategy. ASIC miners have a tougher road to hoe, according to Carter. "What's going to be interesting is the amount of ASICs on Ethereum have everything to lose," he said, "They can't go really anywhere else."

https://decrypt.co/74262/what-happens-ethereum-miners-after-eth-2

Since Mr. Pillsworth has the knowledge that ETH is going to PoS, and leased to own GPU machines and not ASIC, he will mine as many of those ETH as possible, and then knowing GPU can be switched to other alt-coins and ETC, as well as data operations CCTL is in a prime position to continue expanding in the mining arena.

[DawgTrading]

December passed you stated ETH mining would soon be dead... here we are still at PoW and PoS isnt fully active which is why people still mining ETH, but also others paying massive gas as well no full solution in place yet. In the meantime if those AMD GPUs mining ETH then those will in turn be used in Proof of stake to create more or CCTL

https://ethereum.org/en/developers/docs/consensus-mechanisms/pow/

from link on ethereum.org in Jan 2022
"Over the next year, proof-of-work will be phased out"

But you said earlier in 2021 in your post 69623:

But Ethereum mining is soon to be dead.

"EIP-3554 moves up the detonation date of the difficulty bomb by six months to December

December passed... CCTL could be in a better position than some think here. Here's hoping...

ETH PoW still active. If any of those CCTL machienes with the VEGA XT AMD cards have been active doing PoW for ETH (which we know a portion have been installed from last disclosures notes). The hashing calculations are still great.

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=208032&HashingUnit=MH%2Fs&PowerConsumption=718080&CostPerkWh=0.08&MiningPoolFee=1

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166401501

And if CCTL has been accumulating ETH those will be used for PoS when it is active... i think then then the GPUs, and CPUs of those Octupus 1.2B servers will be recalibrated for data center usage, as well as other uses for blockchain node maintenance, and rewards.