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Title: PoW Altcoins Post by: NotANoCoiner on January 03, 2018, 08:33:23 PM I would like to know your opinions about new PoW Coins.
Do you guys think they have a future or if Proof of Work in general has a future? Because I think it takes way too much electricity for mining and this huge power consumption is really bad for the environment, maybe other solutions could be more efficient. Title: Re: PoW Altcoins Post by: killerkeemstar on January 03, 2018, 08:36:30 PM DAG will prolly replace it mate
Title: Re: PoW Altcoins Post by: Frank76 on January 03, 2018, 08:38:04 PM For example.New project Rebellious has an algorithm PoW and this very promising project.
Title: Re: PoW Altcoins Post by: stromae on January 03, 2018, 08:38:55 PM I would like to know your opinions about new PoW Coins. Do you guys think they have a future or if Proof of Work in general has a future? Because I think it takes way too much electricity for mining and this huge power consumption is really bad for the environment, maybe other solutions could be more efficient. Excessive electiricity consumption is bad for the environment and world. But their system work in this way, it's called proof of work, you spend energy and buy equipments do mine pow coins. Some of them can change their system into pos. Ethereum is also discussing this nowadays. Title: Re: PoW Altcoins Post by: Coin.Master636 on January 03, 2018, 09:04:11 PM I would prefer alternative means of verifying transactions. I don't like the fact mining is using so much electricity for relatively simple tasks. (I know the algorithms aren't simple, but the action "verifying" is.) Cryptocurrencies are about the future, but there won't be a future if we destroy the environment :-)
Title: Re: PoW Altcoins Post by: ghonkz on January 03, 2018, 09:09:46 PM Quote huge power consumption is really bad for the environment If we not use it for mining we still use it for another thing and still broke the environment anyway. But yeah its annoying and many coin switch to PoS recentlyTitle: Re: PoW Altcoins Post by: blok on January 03, 2018, 09:12:53 PM PoS and DAG are still at proof-of-concept stage currently. All big chains are PoW — so while I believe that PoS / PoB have better long-term prospects, I do believe some new PoW coins will become popular.
Title: Re: PoW Altcoins Post by: anelenaniku on January 03, 2018, 09:13:08 PM I would like to know your opinions about new PoW Coins. Do you guys think they have a future or if Proof of Work in general has a future? Because I think it takes way too much electricity for mining and this huge power consumption is really bad for the environment, maybe other solutions could be more efficient. 100% NO future! PoW it should be died long ago but newbies are still supporting coins with PoW... Btw newbies still supporting token with ZERO value token, empty tokens... PoS and similar algorithms will replace the PoW and probably all empty token coins like btc ltc dash etc will die too.. Title: Re: PoW Altcoins Post by: anasso on January 03, 2018, 09:21:05 PM the main problem with POW tokens is the fees. if you want make transaction on the blockchain, you must pay fees to miners.
i think this model is going to disapear and the feeless tokens like iota or raiblocks will take advantage in the future. Title: Re: PoW Altcoins Post by: seo-maestro on January 03, 2018, 09:36:21 PM Most perspective are Hybrid POS/POW coins like GBX (more info look in my signature)
Title: Re: PoW Altcoins Post by: galz2017 on January 03, 2018, 11:59:00 PM why pow ? pos is better.
these are pos : UNIFY and RUPX. very low max supply.pos.good coins and community. unify is up 2500 % in a few months(from 0.006 to 0.22) unify has maximum coins of 19 million.marketcap is near 4 million. bittrex and cex.io are planning to add this coin soon. 10 $ easy by june 2019. |