Post
Topic
Board Bitcoin Discussion
Re: Mining Bitcoin Doesn't Need To Worry About Spending Electricity
by
Gloverwrt
on 06/11/2018, 05:27:41 UTC
Honest Mining's Chief Executive Officer, Lawrence Samantha

Nice way to draw a sharp contrast and paint bitcoin miners as 'dishonest' without actual  implying it
People are entitled to their opinion, but they should not present it as fact or use it as a strategy to draw others to their side.

The POW algorithm has been very successful since it was implemented on the bitcoin blockchain. And very secure.
While POS just requires those with deeper pockets to earn more by simply chinking the coins in their pockets, POW requires them to do actual work and ran there reward every single time.