RBC and mining here to stayI work with a Blockchain related company and will try to post good stuff I read that relates directly to HIVE and/or the mining space. Today I saw that an RBC analyst has published a report projecting that crypto mining is here to stay and the equipment market alone is worth over $4.2B just for Bitcoin and there are hundreds of alt coins out there. Link is below.
Coindesk RBC If you disagree because of "proof of stake"..
ETH's move to proof of stake will co-exist with "proof of work" for some time in 2018 and possibly much longer, so don't fret about that. Many new advances will surface in 2018 (as some of the startups begin to roll out token trading platforms and apps, and the world launches more ICOs instead of using the old capital markets) that will make the ETH move to proof of stake look like a minor speed bump.
I can also tell you that there is a large effort going on to scale up the size of blocks which would lead to a new (overlay) and larger revenue stream for miners. Right now there is an artificial cap on chain storage and bandwidth for including transactions in each block. If that cap goes up 10X (theoretically) it will in theory cause a % jump in $ revenues for miners while reducing congestion. Kinda like using a toll highway like Toronto's 407 to by pass the nasty 401.
Cheers from a recent new long on HIVE.