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A comment on The GPU Sadness Index: Tracking eBay Pricing. Parent comment

Re:The GPU Sadness Index: Tracking eBay Pricing by pjc50 on Sunday February 28, 2021 @04:54PM (#26297450)
So at what point do they throw the switch that invalidates millions of dollars of investment in mining Etherum? Or is it all transferrable? And who is the "they" that throws the switch?
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Re:The GPU Sadness Index: Tracking eBay Pricing by TacticalCoder on Monday March 01, 2021 @01:39AM (#26300260)
I only see your comment now, sorry for the late reply.

Well as I understand I it was clear from day one that Ethereum would switch "one day" to PoS so miners knew, from the start, what they were in for.

> ... that invalidates millions of dollars of investment in mining Etherum...

Well the GPUs will not be able to mine ETH anymore but the ETH already mined aren't lost: the PoW chain is going to merged inside the PoS one.

I take it this all decided by the "Ethereum foundation"?

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