Yrs ago, when crpyto was on its first boom...msm turned on pow coins...within days/weeks many pos coins came out of nowhere...and many hit all time highs.
then the crypto downtrend began and pos coins faded away...but never died...they went into the background...
now msm is at it again...as crypto popularity rises, they will attack pow again....https://inews.co.uk/news/long-reads/bitcoins-energy-arms-race-sign-things-come-greenpeace-warns/
and as eth plans to move into pos sometime in 2018...pos will become popular once again...but on a much larger scale...
Now BLK...imo, it is the #1 pos coin, great innovation, great project,great dev team...but seriously undervalued...
once pos kicks off again next yr...1BLK=$50 and over $1bill in value is very very realistic....
if things go crazy..and the crypto market goes into the multi$trill..i wouldnt be surprised to see 1BLK=$250-$500
so my tip...dont wait until then...start accumulating BLK while its cheap(its still under$1...wow)
here a few stories from this month alone...
https://www.theguardian.com/technology/2017/nov/27/bitcoin-mining-consumes-electricity-ireland
https://spectrum.ieee.org/energy/policy/the-ridiculous-amount-of-energy-it-takes-to-run-bitcoin
https://news.bitcoin.com/dutch-bank-upset-about-the-amount-of-electricity-bitcoin-consumes/
https://www.welivesecurity.com/2017/12/12/cryptocurrency-kilowatt-hours-counting-costs/
https://arstechnica.com/tech-policy/2017/12/bitcoins-insane-energy-consumption-explained/
https://kaplanherald.com/2017/12/29/bitcoin-mining-makes-use-of-extra-vitality-than-ecuador-however-theres-a-repair/
https://international.thenewslens.com/article/85903 Is Bitcoin Killing the Planet?