Post
Topic
Board Altcoin Discussion
Re: Any new PoW coins on the market?
by
rhomelmabini
on 30/09/2023, 06:32:33 UTC
Does anyone know of any new cryptocurrency project that uses PoW as its consensus mechanism? It seems to me that mineable coins are becoming extinct these days. We can blame the government for its false propaganda regarding the "high energy consumption" of PoW cryptocurrencies. Nowadays, 99% of new coins are centralized PoS. I'd be surprised if there's anything new on the market with PoW behind it.

Your input would be greatly appreciated. Thank you very much. Smiley
Not gonna lie but it seems a dying industry and only a few will survive. Well,  government seems to be a huge antagonist in this POW or mining thing unless there's someone that will really stand for it and make it a trend once again. The thing with POW is that it's only good these days with huge facilities and you'll get cheaper cost with renewable resources.