Post
Topic
Board Bitcoin Discussion
Re: Why BTC POW is technically moving towards an dead end
by
DaveF
on 24/02/2022, 19:17:05 UTC
In POS you miraculously have to come up with those 100 billion votes, in POW a huge mining farm can be brought down by poeple hobby mining, each losing 1$ a day on electricity but making the guys behind Foundry bankrupt, in POS you can't do that.
And, now I wonder why I haven't said this in the first place.

Shrug, it's been said 10,000 times before 10,000 different ways. But we all have to keep saying it.
I am starting to think the only people who are really pushing POS are people who either don't want to deal with mining or really just want to pump their shitcoin / token for some reason.
POW is not going anywhere and the hash rate keeps going up as more and more miners come online.
The big people get the newer better more efficient ones and we keep buying the other stuff and it just keeps growing.

-Dave