I have been saying that many times in the technical and development subforum, but not one of you was debating Ali-someone about it. He proposed ProgPow as a replacement for SHA256, which he "claims" is ASIC-resistant.
When there are 12 millions $ for grab each day, and maybe soon growing to 24 or 36 like in December. there is no such thing as ASIC resistant.
if bitcoin is changed from Proof of Work to Proof of Stake, the capitalization value may decrease because the process of getting or mining bitcoin does not require a large fee.
Fees have nothing to do with the algorithm of the coin, all that is matter are the capacity and the number of the transaction being made by day.
Can the power saver system be used in all countries? Because in my country electricity is very expensive, if we start for minning there will be a lot of electricity.
Do you really think that if miners top mining bitcoin you will get cheaper power in your country?
Out of curiosity, what country are w talking about?