I just wanted to make a post stating my disapproval for the upcoming EIP1559 proposal. For some of you that may not know, EIP-1559 is an Ethereum Improvement Proposal targeted to decrease network fees by implementing some changes to the fee market, primarily by increasing block sizes.
Meaning miners will have a massively decreased profit margin if this goes through. There’s a website set up displaying the mining pools against or supporting the EIP. Unfortunately Hiveon currently on that list of supporters. Now the list of supporters doesn’t mean they actually support the EIP but rather have yet to state their position on the matter.
www.stopeip1559.org is the site you can find which pools are supporting the EIP.
I’m calling out to all ETH miners to stand up and voice their concerns to the pool operators on supporting this EIP and the potential consequences afterwards has to will leave many miners no other choice but to move pools/coins.
Please, everyone, get out there and voice your concerns on this potential disaster for us ETH miners. Help us keep the network secure and be paid for our efforts.
EDIT: HiveOS/Hiveon has gone ahead with their announcement showing their nonsupport on the upcoming EIP. Big shout out and thank you to the HiveOS team!