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Title: Bitcoin PoW algorithm change Post by: felco on June 23, 2017, 03:21:40 PM Is that possible? If that is not possible, will the difficult be stable in the future due to an impossibility to improve the hash rate even further - be it because of hardware restriction or power energy consumption being to high?
I wonder if Bitcoin PoW change it's algorithm and mining becomes more accessible, that would then mean less centralized mining process? Title: Re: Bitcoin PoW algorithm change Post by: DannyHamilton on June 23, 2017, 04:16:23 PM Is that possible? Technically? Yes. Realistically? No. will the difficult be stable in the future Eventually? Probably. When? Impossible to predict. due to an impossibility to improve the hash rate even further - be it because of hardware restriction or power energy consumption being to high? Or profitability being too low. I wonder if Bitcoin PoW change it's algorithm and mining becomes more accessible, that would then mean less centralized mining process? Not going to happen. Go find an altcoin if you don't like Bitcoin. Title: Re: Bitcoin PoW algorithm change Post by: felco on June 23, 2017, 04:29:11 PM Thanks for the reply! Really appreciated. And I do like Bitcoin, but as it is now I can't enter into mining and I wish I could. ;D :'(
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