Opponents of EIP-1559 1 April will be combined with the caps of the Ethermine pool - Bits Media

Ethereum miners, those who disagree with the implementation of EIP-1559, will unite for a "show of force" and 1 April will send their capacities to the Ethermine pool.

Last week, Ethereum developers decided to include EIP-1559 in the London hard fork, scheduled for july. EIP-1559 implies the burning of ETH when paying for commissions. This will significantly reduce
constantly growing commissions for transactions, but will affect the income of miners. Some analysts suggest, that miners will lose before 50% Profit.

To express your disagreement with a proposal, Part of the Ethereum miners plans to unite for the 51-hour "Demonstration of Power" 1 april. The miners intend to 51 Hour to send a hashrate to the Ethermine pool, who opens against EIP 1559. Miners hope to involve more 51% Heshreyte of the Network.

For educational purposes, let’s collectively move our hash to https://t.co/6osh2Op6yl April 1st for 51 hours. @etherchain_org @BitsBeTrippin @SonOfATech @maxvoltage @SavageMine @VoskCoin @Nemisist2 @notyournormalm1 @BrandonCoin1 @GuntisVitolins #eip1559 #stopeip1559 #Ethereum
— Red Panda Mining (@RedPandaMining) March 7, 2021

If successful, the pool will have sufficient hashing power for unilateral adoption or cancellation of changes to the network protocol. At least, If the rest of the community does not go to another block of the blockchain in the case of a hard fork. Support for this initiative by large miners is still unknown, But among miners, many openly express dissatisfaction with the fall of income by burning transaction commissions.

On the air 9 Martha observer on YouTube Bits be Trippin, Discussed
planned redirection of drift power, Having described the proposed step as a "friendly demonstration of power":

“The task is not to attack the network, And show, that the use of force is possible ", – He said.

Bits be Trippin noted, that Ethermine will not use the hashing power to attack the network, Since "he has no incentive" for this.

In addition to reducing commissions, EIP 1559 can lead to a reduction in the supply of ether. In the podcast The Tim Ferriss Show this week, the co-founder of the Ethereum and co-author of the EIP-1559 Vitalik Buterin emphasized, that the ETH “burning” mechanism can lead to an exceeding the rate of destruction of broadcasts over their creation, what will create "bull" dynamics for ETH:

“If the demand for using ETH is quite high, it will actually be burned more than ETH, what is created ".

In January, mining pools have already expressed dissatisfaction with EIP-1559. Then eight mining bullets, controlling around 30% Ethereum hashly capacity, Combined
Against EIP-1559.