Trimegistus
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June 25, 2018, 05:46:39 PM |
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PoW mining is doomed!
PoS consensus is the future!
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notoriousdumper
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June 25, 2018, 08:46:43 PM |
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Mostly, mining any coin may be tolerable worth trying long term nevertheless lots of things in relation with newer makers affect shares.
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Walexizi
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June 25, 2018, 08:49:32 PM |
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The traditional proof of work mining will probably stop in future due to efficiency issues. However, the proof of stake "mining" will take over to secure the blockchains without generating waste heat by burning valuable electricity. In this sense, the traditional BTC will probably be dethroned by either a BTC fork or other advanced altcoins. Paradigm is shifting and mining will stop in future.
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WalterBeen
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June 25, 2018, 08:52:45 PM |
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Yes, mining will stop, because Satoshi set limits on the blockchain, if i remember right
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RoonyBlack
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June 25, 2018, 09:20:04 PM |
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No! If mining stop, there will be no crypto to dig and sell. They should continue to dig for more coins, more coins to go come up and maybe in few months again Bitcoin to go up to 8000$ +. Let's see how are the things going to be soon for everyone and with these restrictions... Japan, Russia... So lame..
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NeonXL
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OPEN GAMING PLATFORM
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June 25, 2018, 09:31:44 PM |
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Yes, mining will stop, because Satoshi set limits on the blockchain, if i remember right
Lol, we will dead (?) at this moment. Hopefully . So it`s not problem for our generation! But there is another problem: mining uses too much energy. Too much, seriosly. And... it`s problem for our generation, lol, very big problem
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ngochuyen0071
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June 26, 2018, 09:29:59 AM |
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new crypto continues to come up with new innovations. It has certainly created a crypto will continue to be mined but with different types available. In addition to that of course if the coin has reached its limit will probably be more expensive in value. However, to achieve that takes a long time.
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moriadwarf
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June 26, 2018, 10:05:27 PM |
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In general, mining could be mildly worth the investment some time even though a number of factors in relation with advancing makers affect income.
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Psychee
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June 26, 2018, 11:24:09 PM |
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I do not know what is so stopping, but those who invest dengi in Socratus do not stop them because they are so carried away by this affair
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goatpo
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June 26, 2018, 11:34:09 PM |
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Mining will end when it will be no more profitable
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chandrarahmadewa
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June 26, 2018, 11:53:41 PM |
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Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers . 1 - will mining will ever stop ? 2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ? thank you ! Mining will not end when it reaches the blockchain limit, do not worry there is a lot of Altcoins that you can mining, almost every month of newborn cryptocurrency coins for mining, try your search on whattomine.com finds the same algorithm as your mining tool.
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trickyriky
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June 27, 2018, 09:10:08 AM |
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Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers . 1 - will mining will ever stop ? 2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ? thank you ! For now I don’t see the perspective of coin mining disappearance. In some cases it become difficult to do, in others many new services appear and new equipment is created for more effective mining.
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hell_slayer
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June 27, 2018, 10:33:13 AM |
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Proof-of-work mining is only one of the variety of consensus mechanisms . It's the most uneffective in energy consumption algotithm , thus I believe it will be replaced by other more effective mechanisms in all altcoins with time . But if we talk about bitcoin mining , I think it will be proof-of-work based for all period of existence of btc , thus it will be needed to keep blockchain working even after the last btc block will be founded . Assuming this , btc mining will never stop , unless crypto/bitcoin will die .
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LeetPoolsOP
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June 27, 2018, 11:22:19 AM |
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for starters, I need to tell you a little about the mining. in fact, these are mathematical calculations, the result of which is a hash. they must be calculated at all times, otherwise transactions will not be confirmed and users, respectively, will not be able to use the crypto currency - transfer it and pay it off. from this follows the following conclusion: while there are requests for transactions, the need for mining and miners will not disappear, since without them the network is inoperative.
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Cokodi
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June 27, 2018, 11:26:39 AM |
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Mining will never end, because it is our future, it is simply possible that such a lot of other cryptocurrencies will be canceled because of their large number
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InvestMen
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June 28, 2018, 04:01:24 AM |
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Mining bitcoins someday, yes it will end. Mining as the type of earnings I think that never. Bitcoins will end, but other crypto-currencies remain and mining will not go anywhere either.
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MasterMoon
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June 28, 2018, 05:33:06 AM |
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Mining will end when it will be no more profitable
Yes maybe after 140 years and all of us that here for sure will not alive anymore mining is not about quick profit that's why if you really don't know what you are saying don't say anything and just do your own search so you can learn things much better.
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Trimegistus
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June 28, 2018, 12:28:18 PM |
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All blockchain based crypto assets need some sot of consensus mechanism to verify transaction thus generation new blocks.
Nakamoto launched BTC with the PoW mechanism, commonly named as crypto mining. Since then, a number of alternatives have surfaced but the most promising one is the PoS, specially PoS v3 with masternodes.
Classical (PoW) mining might come to an end sooner than expected because of the obscene power consumption but it has to be replaced by some other consensus mechanism. I'm betting on PoS! And eagerly waiting for ETH to move from PoW to PoS... that will be a real game changer.
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Brunoaoi007
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June 28, 2018, 12:31:24 PM |
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Mining is nothing but the transactions approved by block chain technology. Few are confused about mining may stop when bitcoin reaches its highest level, but that is not true. Each every transaction in block chain is mining actually and if bitcoin or all the crypto currencies disappear then mining may stop but there is no chance for that for another 100 years at least.
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rehanaurora
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June 28, 2018, 03:04:08 PM |
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I think mining will be stops soon once the bitcoins are fully mined. After that bitcoin will be rare thing and become more expensive than now.
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