Quote from: montaga on Today at 05:43:09 AM

Quote from: Baldezh2016 on September 12, 2022, 03:57:22 AM

Quote from: percy_tc on September 07, 2022, 11:50:29 AM

I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.

The POW network’s annual energy demand is 80.95 TWh. This corresponds to the electricity needed by a US household in 7.03 days.

Ethereum mining going away. But ETH 2.0 is good for the future.

Back in 2014 hundreds of coins changed from POW to POS it was not good for a single one of them.
Peercoin is staking for almost 10 years now, a lot of people still waiting for the good part of it because the 1% reward is catastrophic.

I agree that the POS algorithm is more reliable, but modern requirements for energy efficiency require the blockchain to consume less electricity. In the future, POS blockchains will have problems due to expensive electricity, so the POS algorithm for Ethereum will be a good solution.

Congratulations

https://www.youtube.com/watch?v=Nx-jYgI0QVI