Junamalik (OP)
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Activity: 105
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May 31, 2016, 12:17:32 AM |
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any one know when ETHERUM POW ended and the POS system will be use on etherum ?
please link reference too.
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Charloz24
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May 31, 2016, 12:38:50 AM |
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Nobody knows for sure, even dev team  |
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Junamalik (OP)
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Activity: 105
Merit: 10
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May 31, 2016, 01:42:59 AM |
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Nobody knows for sure, even dev team i want to build new rig for mining but if the POS will be start soon , i will cancel to build it  |
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adaseb
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Activity: 3738
Merit: 1708
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May 31, 2016, 01:55:53 AM |
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It could be tomorrow or in 1 year.
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Charloz24
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May 31, 2016, 02:08:37 AM |
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Nobody knows for sure, even dev team i want to build new rig for mining but if the POS will be start soon , i will cancel to build it Go for it if you like risk. |
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Junamalik (OP)
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Activity: 105
Merit: 10
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May 31, 2016, 02:15:55 AM |
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Nobody knows for sure, even dev team i want to build new rig for mining but if the POS will be start soon , i will cancel to build it Go for it if you like risk. i like risk, but this is make me confusion sir. like some people says, if POS starting next day, what can i do ?  |
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Caladonian
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May 31, 2016, 02:17:12 AM |
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it will be a risky move mate if pos is on their plan better yet instead of creating new rigs might be much better to use the money and trade it is much safe if you just can follow the movement mate. good luck
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Amph
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Activity: 3206
Merit: 1069
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May 31, 2016, 05:53:20 AM |
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It could be tomorrow or in 1 year.
i doubt it can be tomorrow, i'm pretty sure it is scheduled already around later this year or early 2017 |
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QuintLeo
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Activity: 1498
Merit: 1030
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May 31, 2016, 07:38:31 AM |
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I remember seeing something posted somewhere about "pushed back to mid 2017" - but I might be misremembering the "mid" part.
Definitely 2017 sometime unless it gets delayed more.
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parmatiya
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June 01, 2016, 10:35:27 AM |
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I remember seeing something posted somewhere about "pushed back to mid 2017" - but I might be misremembering the "mid" part.
Definitely 2017 sometime unless it gets delayed more.
It is pushed back to mid 2017 and the PoS will be introduced in stages. First just to verify blocks, then work together with PoW, then pure PoS. |
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xingqiaoyin
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June 01, 2016, 10:53:43 AM |
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Nobody knows for sure, even dev team i want to build new rig for mining but if the POS will be start soon , i will cancel to build it Go for it if you like risk. i like risk, but this is make me confusion sir. like some people says, if POS starting next day, what can i do ? Switch to lyra2RE or just wait there will always be gpu coin The question you need to ask is... if you're in this for the money... Do you have less than 0.1 per kwh electricity ? If you don't then there isn't point mining unless you're not doing this for money. |
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ldw-com
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June 01, 2016, 01:25:43 PM |
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I remember seeing something posted somewhere about "pushed back to mid 2017" - but I might be misremembering the "mid" part.
Definitely 2017 sometime unless it gets delayed more.
It is pushed back to mid 2017 and the PoS will be introduced in stages. First just to verify blocks, then work together with PoW, then pure PoS. That's some good news for me to be honest. I would be a very happy person if it would go ove to POW + POS, not just only POS. I think a lot of people wouldn't mind it like that  Greetings |
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Bokelka
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June 01, 2016, 07:57:14 PM |
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I remember seeing something posted somewhere about "pushed back to mid 2017" - but I might be misremembering the "mid" part.
Definitely 2017 sometime unless it gets delayed more.
It is pushed back to mid 2017 and the PoS will be introduced in stages. First just to verify blocks, then work together with PoW, then pure PoS. That's some good news for me to be honest. I would be a very happy person if it would go ove to POW + POS, not just only POS. I think a lot of people wouldn't mind it like that Greetings PoW can give the support of the price. That is the reason why the bitcoin price is so high. No other PoS coin can beat that. |
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reb0rn21
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Activity: 1896
Merit: 1024
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June 02, 2016, 02:17:37 AM |
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Ethereum is controlled, centralized and premined asset, only entity behind P/D and premine could tell you that
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FruitBucket
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June 02, 2016, 09:00:32 AM |
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Ethereum is controlled, centralized and premined asset, only entity behind P/D and premine could tell you that
The proportion of the premined coin is reduced day after day due to PoW mining. These coins are sold in the market as well. |
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reb0rn21
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Activity: 1896
Merit: 1024
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June 02, 2016, 04:52:45 PM |
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Ethereum is controlled, centralized and premined asset, only entity behind P/D and premine could tell you that
The proportion of the premined coin is reduced day after day due to PoW mining. These coins are sold in the market as well. 72M is premined, so for only 8M is mined, you do the math! |
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fran2k
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June 02, 2016, 08:07:31 PM |
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I remember seeing something posted somewhere about "pushed back to mid 2017" - but I might be misremembering the "mid" part.
Definitely 2017 sometime unless it gets delayed more.
It is pushed back to mid 2017 and the PoS will be introduced in stages. First just to verify blocks, then work together with PoW, then pure PoS. Do you have any source for this claim? |
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FruitBucket
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June 04, 2016, 08:31:27 AM |
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Ethereum is controlled, centralized and premined asset, only entity behind P/D and premine could tell you that
The proportion of the premined coin is reduced day after day due to PoW mining. These coins are sold in the market as well. 72M is premined, so for only 8M is mined, you do the math! The premind coin of 72 million is fixed. But there is no mined coins every day. So the proportion of premine is reduced. |
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reb0rn21
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Activity: 1896
Merit: 1024
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June 04, 2016, 04:40:42 PM |
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Like I sad it reduced by small margin, no one cares its still a scam, if premine was 10-20% I WOULD understand but ~80-90% NO!
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parmatiya
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June 05, 2016, 07:54:01 AM |
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Like I sad it reduced by small margin, no one cares its still a scam, if premine was 10-20% I WOULD understand but ~80-90% NO!
The premine is still about 80%. If the PoW continues for one more year, it will reduce to 60%. But PoW will finish next year. |
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FruitBucket
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June 05, 2016, 09:01:27 AM |
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I wish the PoW can run for 6 more years, so the premine will be reduced to 20% or less. that will support the price.
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parmatiya
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June 07, 2016, 06:41:21 AM |
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I wish the PoW can run for 6 more years, so the premine will be reduced to 20% or less. that will support the price.
Pure PoW might not happen after next year. PoS was proposed. I think it will be implemented later next year. |
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frontier8
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Activity: 63
Merit: 10
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June 07, 2016, 07:00:56 AM |
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Bokelka
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June 07, 2016, 07:34:01 AM |
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Yes. But we will find another profitable coin to mine. If the Etheruem changes to pure PoS, its value will not rise as fast. |
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FruitBucket
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June 07, 2016, 06:17:44 PM |
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Yes. But we will find another profitable coin to mine. If the Etheruem changes to pure PoS, its value will not rise as fast. I also think the cost of the mining will help determining the floor price of the coin. That could be the reason for the high price in Etheruem now. |
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Tmdz
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June 07, 2016, 08:03:34 PM |
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Yes. But we will find another profitable coin to mine. If the Etheruem changes to pure PoS, its value will not rise as fast. Miners won't cry because the coin will become unprofitable to mine before it goes POS. ETH has a difficulty bomb to encourage the nodes switch over to new POS software, the network will not approve the switch until there is no more profit in mining. I give it about a year, by next summer we can expect the switch to happen pending delays and such. |
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FruitBucket
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June 08, 2016, 12:15:19 PM |
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Yes. But we will find another profitable coin to mine. If the Etheruem changes to pure PoS, its value will not rise as fast. Miners won't cry because the coin will become unprofitable to mine before it goes POS. ETH has a difficulty bomb to encourage the nodes switch over to new POS software, the network will not approve the switch until there is no more profit in mining. I give it about a year, by next summer we can expect the switch to happen pending delays and such. The difficulty bomb will be defused as the PoW mining will continue for some time before the PoS out. |
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Bokelka
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June 08, 2016, 02:34:09 PM |
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Yes. But we will find another profitable coin to mine. If the Etheruem changes to pure PoS, its value will not rise as fast. Miners won't cry because the coin will become unprofitable to mine before it goes POS. ETH has a difficulty bomb to encourage the nodes switch over to new POS software, the network will not approve the switch until there is no more profit in mining. I give it about a year, by next summer we can expect the switch to happen pending delays and such. The difficulty bomb will be defused as the PoW mining will continue for some time before the PoS out. The PoS implementation will be later than expected. So the difficulty bomb will be defused in the futur.e |
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