Post
Topic
Board Mining (Altcoins)
Re: Eth 2.0 can be delayed to 2024...
by
bitquad
on 20/06/2022, 13:34:27 UTC
pools get $13 million every day.

Security is expensive. POS doesn't work, And fakedollars (Stablecoins) that base their security on POS based based systems will hurt the most.
And if the first 3 pools want to make an attack?
https://miningpoolstats.stream/ethereum
POW mining also does not provide security for a coin if 3 large pools have a hashrate of more than 50% of the entire network. Mining is not as profitable right now, so reducing spending by $13 million per day could increase demand for the coin.


Except that the three pools lose money making an attack so why do it?

Face it POS = piece of shit

and with the entire crypto market unwinding the fear of POS is greater.

So with luck My gpus which have been mining will keep mining and eth will not go pos for 18 months or more.
You would lose money attacking the proof of stake Ethereum chain also. Dishonest validators get their ETH slashed.