Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: speedyb on August 11, 2017, 08:55:55 PM



Title: when and what is proof of stake, any good accurate articles to read
Post by: speedyb on August 11, 2017, 08:55:55 PM
title says it all i was wondering nwhat proof of stake is and how it will effect mining? does that mean we wont be able to mine coins any longer? what would be the next most profitable coin any ideas for gpu mining


Title: Re: when and what is proof of stake, any good accurate articles to read
Post by: puwaha on August 11, 2017, 10:17:51 PM
Here you go...

https://www.coindesk.com/information/ethereum-mining-works/ (https://www.coindesk.com/information/ethereum-mining-works/)

https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/ (https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/)


Title: Re: when and what is proof of stake, any good accurate articles to read
Post by: huynhdat1989 on August 11, 2017, 10:27:13 PM
title says it all i was wondering nwhat proof of stake is and how it will effect mining? does that mean we wont be able to mine coins any longer? what would be the next most profitable coin any ideas for gpu mining

The reason of POS is the guy Vitalik or someone, having a lot of ethereum. And he want to make profit from his Ethereum, he thinks about POS. It is his selfish opinion. We have many coins to mine. POS will get coin become centralized. It will kill Ethereum.


Title: Re: when and what is proof of stake, any good accurate articles to read
Post by: Eyedol-X on August 11, 2017, 11:13:34 PM
https://bitcointalk.org/index.php?topic=2061323.msg20573213#msg20573213


Title: Re: when and what is proof of stake, any good accurate articles to read
Post by: speedyb on August 12, 2017, 12:59:17 AM
any idea when that change will come cause i hear it will at some point be changed over to pos sadly but true just not sure when