Assuming ETH can pull off the switch to Casper and Proof Of Stake this year, what will happen?
To start its only 1 block out of 100 will be POS, but if I was a big miner I certainly would not want to be mining that 1 block. I would want to mine something else for that one block. I am wondering if that has been considered for the roll out? What if the ETH miners know when the POS block is coming and switch to ZEC for that block? The whole point of POS is to reduce electricity usage, so if you keep the miners in the dark when the POS block is happening you are not reducing electricity usage and even making the situation worse as now all that hash wattage IS truly wasted for one block and will reduce POW miner profits by 1%.
I have not dug into the finer details of the ETH Casper roll out, what do you think?