Post
Topic
Board Mining (Altcoins)
Re: PoW to PoS - questions
by
badbart
on 19/01/2020, 18:19:42 UTC
Is Proof of Work is going to lose popularity compared to Proof of Stake? Ethereum is going to PoS.
Is there going to be a lot of hash (computational) power idle because of shifting to PoS?
Where that power be used then? Will it address such decentralized computing projects as Golem, Storj, Sia, etc?

Many miners will have no choice but to move hashing power to other coins when ETH switched to POS but it's really a shame because ETH till this day is the most profitable coin to mine, the only option left is monero because it's the second most profitable coin to mine

Most eth miners will have nothing to mine if eth goes pos.  AMD gpus aren't good for anything else, the gpus will be sold or trashed.