Is mining going to die?

[cawekun]

Looking at the top 10 coins, 5 out of 10 are not mineable.

New 3rd generation coins, like Cardano, is showing a trend.

Do you believe this is going to kill mining like we know it?

This is a honest question.

[dagarair]

yeah it will kill mining......

obviously you are not a miner.

[rumpel_tusk]

Looking at the top 10 coins, 5 out of 10 are not mineable.

New 3rd generation coins, like Cardano, is showing a trend.

Do you believe this is going to kill mining like we know it?

This is a honest question.

Mining will die eventually. Currently, it is the best way to secure a blockchain. PoS is catching up and improving but PoW completely discourages attacking the network.

Until there is a protocol that is as bulletproof as PoW, it is here to stay.

[Tanhdoit]

Looking at the top 10 coins, 5 out of 10 are not mineable.

New 3rd generation coins, like Cardano, is showing a trend.

Do you believe this is going to kill mining like we know it?

This is a honest question.

Mining will eventually die out. PoS is more efficient, Eco-Friendly, and has much less carbon footprint. Honestly, I hope mining never dies out but I know it's a pipe dream. Technology is always advancing and eventually, PoW will become obsolete and things like Tangle (Iota), Delegate System (Ark, Lisk) and masternodes (Dash, Sys) will replace it.

[Moondoggie]

Probably not any time soon

[edwardceng]

Every time mining always grows to top not grow to bottom. IF a coin from POW to POS it's normal situations. Mining and are miners always exist.

[shibob]

I think mining will still be there for few years. Actually PoS will be over PoW, but there's the big gap to fulfill in implement process.
A lot of people said ETH will move to new phase PoS in Oct, then Dec, but yes, it's still just a plan.

[usd.dev]

I do not think that mining will ever disappear in modern reality. You can see that there are a lot of new coins with a high production rate (the reason is a little complexity) and if the project is intresting to the community you can earn a lot. At the moment I use Nvidia for mining Kalkulus, the extraction is very good (although to be honest I bought coins too).

[cawekun]

Interesting views. In the end, we never know. Maybe PoS will win, but security is very important.

[Deathwing]

There will always be miners around until 2140 (estimated) and until all Bitcoin blocks are mined, there is no way denying it. It might not be GPU and just random ASIC mining farms but mining is mining.

[Tidsdilatation]

As long as crypto isn't perfected mining will exist. New technology almost always comes in the form of a new mineable alt coin. For example zk-snark.

[nerdralph]

Looking at the top 10 coins, 5 out of 10 are not mineable.

New 3rd generation coins, like Cardano, is showing a trend.

Do you believe this is going to kill mining like we know it?

This is a honest question.

More like 4 out of the top 10 are not mineable.  All of the top 3 (BTC, ETH, BCH) you can mine.  Ethereum was supposed to go PoS a year ago, so given the extent of the schedule slip, we could still be mining it in another year.

[eiracube]

Definitely not within the next several years

[Cronli]

Yes this is true, mining a the die

[juanichiloco]

It's a long way off dieing, there are always going to be new POW coins that can be mined so I don't see any issues for the next couple of years either.

[shimakun]

i do not think it is going to die
as there is still profitabilityin some coinjs
like monero and zcash
for exampleif you have over 500hash per second mining machine you will break even daily with zcash or monero
depend on the machine or hardware or gpu cpu  you get and with what price you get them
better try zcash now

[Bankincoins]

Proof of Stake is garbage. It's far less secure,  unless it's a system where anyone can stake any amount.  Mining also isn't wasteful, that narrative is stupid FUD.

[RentGPU]

Yea, only if cryptocurrency died first , mining is the mechanism that made all this possible , it's written in the bitcoin whitepaper POW is the way peer to peer became a reality , also i don't think any of POS or new way of proof will be better , security comes for a cost , energy is not wasted you pay it for the security of your coins which is real money.

[Njeroe]

It is like dotcom bubble was, when the people will realize that the value of the coins are pure speculation and there is no real value behind them, it will die, but until then happy mining  

[Blazarius120]

You're still safe for a couple more years at the very least.