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Title: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: hv_ on February 20, 2016, 07:09:53 PM If I understand it right, new Casper design is based on betting and unlucky miners might end up in loosing money, not earning as usually expected. So without a proper risk management your wealth (coins) is really exposed?
And if so, who really wants to do that? Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: bathrobehero on February 20, 2016, 07:13:35 PM Staking and mining are both minting methods but staking is not mining.
Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: hv_ on February 20, 2016, 07:16:05 PM Staking and mining are both minting methods but staking is not mining. So then the risk is in staking. Still, could that reduce your stake to 0? Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: Panadacoin on February 20, 2016, 08:21:19 PM Where can I read the information about all of this?
Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: bathrobehero on February 20, 2016, 09:05:10 PM I CBA to find the source but I read that while it's possible it's very unlikely. You basically have to bet against the whole network for it to happen.
Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: hv_ on February 20, 2016, 09:11:45 PM Where can I read the information about all of this? https://www.youtube.com/watch?v=StMBdBfwn8c Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: adaseb on February 20, 2016, 11:55:45 PM Where can I read the information about all of this? https://www.youtube.com/watch?v=StMBdBfwn8c Too long to watch. Can somebody just sum it up for me? Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: Kalder on February 21, 2016, 10:18:57 AM If I understand it right, new Casper design is based on betting and unlucky miners might end up in loosing money, not earning as usually expected. So without a proper risk management your wealth (coins) is really exposed? And if so, who really wants to do that? Yes. We have to think about the future of our graphics card after the mining stage. The hashing rate is 760GH, that is equal to 34,000 280x cards. Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: hv_ on March 06, 2016, 01:46:13 PM Where can I read the information about all of this? https://www.youtube.com/watch?v=StMBdBfwn8c Too long to watch. Can somebody just sum it up for me? Point 4 ..... Negative Return ... https://blog.ethereum.org/2016/03/05/serenity-poc2/ So you have to be a realistc validator (?) to be profitable. Anyone volunteer to calc the risks out rigorously? ??? Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: Batmain on March 06, 2016, 04:02:32 PM If I understand it right, new Casper design is based on betting and unlucky miners might end up in loosing money, not earning as usually expected. So without a proper risk management your wealth (coins) is really exposed? And if so, who really wants to do that? Yes. We have to think about the future of our graphics card after the mining stage. The hashing rate is 760GH, that is equal to 34,000 280x cards. If these graphics cards are used for other mining, it will raise the difficulty of those coins dramatically. There will not be profitable mining left. Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: Kalder on March 11, 2016, 08:37:57 AM The Decred is quite profitable to mine at the present. The profitability is similar to that of the Ethereum. I hope that mining will last longer.
Title: Re: Could unlucky ETH miners loose all your wealth runnign new Caspar betting PoS? Post by: Tacalt on March 12, 2016, 08:25:23 AM If I understand it right, new Casper design is based on betting and unlucky miners might end up in loosing money, not earning as usually expected. So without a proper risk management your wealth (coins) is really exposed? And if so, who really wants to do that? Yes. We have to think about the future of our graphics card after the mining stage. The hashing rate is 760GH, that is equal to 34,000 280x cards. The network hash rate is 1260GH/s now. That is just 21 days from the last post. That is 65% in 21 days, or 105% in 30 days. |