What is safe POW or POS?

[socks435]

Guys what  do you think is safe for those two mining or staking...
I saw some reported here that they are mining altcoin in their laptop but the result the plastic cover on the back of the laptop is melting..
And for pos you need to deposit more amount to have a good staking..
What do you think guys..

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[spartak_t]

What do you mean by that? You want to know which is better - to mine a coin with your laptop, or to open a wallet of PoS coin and stake?

[socks435]

What do you mean by that? You want to know which is better - to mine a coin with your laptop, or to open a wallet of PoS coin and stake?

Yeah i mean which is better of those two POS or pow.. I am afraid to what will happen to my desktop or my laptop if i am starting time altcoin because here in my country is too hot and we have no airconditionaire.. But what is the best mining or staking?
With spending more money.. i have core 2 duo 2.65 ghz and 4 gb ram memory and may grapics is intel 1.3 gb
And i want to know what is the fastest in this two to mine or to staking..

[spartak_t]

What do you mean by that? You want to know which is better - to mine a coin with your laptop, or to open a wallet of PoS coin and stake?

Yeah i mean which is better of those two POS or pow.. I am afraid to what will happen to my desktop or my laptop if i am starting time altcoin because here in my country is too hot and we have no airconditionaire.. But what is the best mining or staking?
With spending more money.. i have core 2 duo 2.65 ghz and 4 gb ram memory and may grapics is intel 1.3 gb
And i want to know what is the fastest in this two to mine or to staking..

In brief - PoS is better for you, but it will use significant % of your CPU (i.e. from ~%10 to ~%60). If you have PC and laptop just run the wallets on the computer you are not currently using. PoW could be dangerous if your hardware is not cooled well.

[BigUpGiddyup]

Staking is the future

Mining is wasteful

[BitcoinNational]

Staking is the future
Mining is wasteful

Why not both?

POS early adopters get 'it' ... why would i want to invest in a POW coin when all that means is that the miners always get to basically extort more money the higher the price goes.  Just another version of rent seeking.   POS fixes the problem, ownership is equity, yes there is still inflation but paid to the share holders who help maintain the network.  

POW is all about inflation (BTC never speaks of this) ... thus shit for investment because it 'taxes the savers' just like central banks with printing presses.  But it makes for better currency, it needs to trade and be traded quickly, new coins ALWAYS present downward sell pressure, thus LIQUIDITY!  whereas; POS markets can have wide spreads and no volume, and that is not a bad thing.


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POS is laptop POW mining that does not melt the cover 

[Amph]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

[spartak_t]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

I just can't agree with you. Not everybody has the chance (and ability) to mine coins. Many people could be happy with their $2-5 earnings from staking and there is a good chance for them to hold their coins. Thus can lighten the sell pressure and could give the possibility for the coin to grow in a long term period (if things are done right).

[smooth]

I saw some reported here that they are mining altcoin in their laptop but the result the plastic cover on the back of the laptop is melting..

If you have a crappy, poorly designed laptop, then yes it may overhead and result in damage. That will happen whether you are mining or rendering or training neural nets or anything else that computers were invented for.

Don't buy crap.

[kiklo]

I saw some reported here that they are mining altcoin in their laptop but the result the plastic cover on the back of the laptop is melting..

If you have a crappy, poorly designed laptop, then yes it may overhead and result in damage. That will happen whether you are mining or rendering or training neural nets or anything else that computers were invented for.

Don't buy crap.

Your Reading Comprehension needs some work.  

here in my country is too hot and we have no airconditionaire..

Most Store brought Computers were not designed to run in high heat environments without being in air conditioning.
Blame the engineer not the consumer.

http://forum.notebookreview.com/threads/why-does-ambient-temperature-matter-for-laptops.347848/

What is the danger of using a laptop when the ambient temperature in the room is too high? Is it that it makes it harder for the fans to cool the machine?
Considering that, from what I've been reading, the core of a laptop can get into the mid-100s (F), it wouldn't seem that the temperature of the room being 95 or 100 F should be an important factor at all. Yet the manufacturer of mine (Dell XPS 1530) recommends a maximum operating temp of 95 F.  

You're correct. The reason is because it is harder to keep the system cool. If you're in a room that's 100 F than your system won't be cooler than 100 F and would be a lot higher than that even. If a laptop can hit 80C in a room of 'normal' temperature, imagine how hot it would be in 100F.  
 

 

[smooth]

@kiklo

I only read the first post of the thread and didn't see the comment about high temperatures and no air conditioning. Agree that >95F is out of spec even for most well-designed computers.

Do not mine in such an environment (nor rendering, etc.)

[kiklo]

@socks435

Here are some temperature monitoring Apps, so you can keep an eye on the Temp even running PoS
http://www.makeuseof.com/tag/3-laptop-computer-temperature-monitor-apps-save-hard-drive/

If the Laptop Temp gets too high during the day only run the staking in the evenings or early mornings when it is cooler.
If the PoS coins you pick does not have a Max Stake Cap, keep all of your coins in only 1 or 2 blocks, reason the fewer blocks the lower your CPU % used.  


 

[socks435]

Thanks for your reply guys now i have an idea to choose what is the best.. so i think pos is the best for my low specs computer..
The problem of staking the more you have high amount to stake you can get more mined coins..
Also i am planning to reassemble to make amd cpu which can install high grapics card.. i can mine only evening and early morning because our place high temperature i think 53 degree.. so its not recommended to mine coins in whole day..
I have CBX vault now also other altcoin like swag bucks and gbt and i hope i can stake more about this altcoin..

[d5000]

High-stake PoS coins are also very inflationary. So they will be dumped at a time. You can try and participate and dump earlier than your competitors

A more long-term oriented strategy earning coins with PoS would be to start a business which involves staked coins (like an online wallet, exchange, casino or similar). But that needs "a bit" of knowledge. An interesting idea could be a NEM faucet, as you could benefit from a high importance score because such a faucet would have a high transaction activity.

With a laptop, I don't recommend PoW. Your only chance would be to choose a "nearly dead coin" and mine it and then launch a marketing campaign.

[BigUpGiddyup]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

I just can't agree with you. Not everybody has the chance (and ability) to mine coins. Many people could be happy with their $2-5 earnings from staking and there is a good chance for them to hold their coins. Thus can lighten the sell pressure and could give the possibility for the coin to grow in a long term period (if things are done right).

Very true. Many people stake coins for earnings as an alternative to mining. Instead of buying mining equipment to mine coins and dump them on the market PoS coins encourage holding to earn stake rewards and don't have the costs in hardware and electricity

[robelneo]

I prefer proof of stakes to proof of works,on proof of stakes I can stakes up to 5 wallets simultaneously on my desktop,you can also do this too on any laptop there's no danger that your pc or laptop will overheat,mining is not applicable if you are living in a tropical country .

[mobnepal]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

I also agree on this statement. Mining is the only thing that will define market price for coin. Early adopters and dev himself will always kill POS coin creating so much sell force whenever POS coin get listed in exchange for quick profit. No any investors are out there to hold those POS for atleast one year for interest.

I love POW and like to mine them on the early days and stake them for few months and sell when difficulty sky rockets for mining.

[BigUpGiddyup]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

I also agree on this statement. Mining is the only thing that will define market price for coin. Early adopters and dev himself will always kill POS coin creating so much sell force whenever POS coin get listed in exchange for quick profit. No any investors are out there to hold those POS for atleast one year for interest.

I love POW and like to mine them on the early days and stake them for few months and sell when difficulty sky rockets for mining.

Mining is just a method to protect the network from bad behavior, it does not set the price since the cost of mining any coin is different depending on many factors

Mining early on PoW and then dumping when the difficulty goes up does not help a coin network or value

The value of a coin (or anything) is based on supply and demand. Mining affects supply only

[socks435]

pos is trash, there is not a single pos coin that can give you a decent value just by staking, because the mint return is always so low it's not worth it

this because the whole pos thing would otherwise be a dump fest, that's way every pos coin out there has a bad value and always will have

the mining power give somehow a value to the coin, or at least make so that the coin will not be just dumped to death, from those that are mining

I also agree on this statement. Mining is the only thing that will define market price for coin. Early adopters and dev himself will always kill POS coin creating so much sell force whenever POS coin get listed in exchange for quick profit. No any investors are out there to hold those POS for atleast one year for interest.

I love POW and like to mine them on the early days and stake them for few months and sell when difficulty sky rockets for mining.

Mining is just a method to protect the network from bad behavior, it does not set the price since the cost of mining any coin is different depending on many factors

Mining early on PoW and then dumping when the difficulty goes up does not help a coin network or value

The value of a coin (or anything) is based on supply and demand. Mining affects supply only

So pos is still the best than pow? my problem is i heard that someone are trying to mine with his laptop but his laptop cover is melt because of very hot gpu.. i have only low specs computer and laptop i just want to choose the best one if mining or staking.. for me mining is good and staking is good too.. but i dont understand about pos because i bought many credits in my wallet and staking and i just increase the amount to stake more but the same stakes result.. unlike mining the more gpu you have the more you mined. and i think its the best to mine in cold places or aircondition place.. so that my devices can cool down..

[spartak_t]

You can't melt the laptop cover, because there is the display, not the gpu. Otherwise, personally I have talked with many developers and they all think that PoW is more secure than PoS, but imho, the only thing which could be considered as disadvantage of a PoS coin are major holders who are getting most of the PoS reward. I don't think its a problem if the currency is not with big interest.