Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS | Join NOW! | Supported by BITTREX
by
vanduric
on 03/07/2014, 09:27:59 UTC
What is the advantage of combined POS/POW ?

So the miner can dump on the people buying in the ICO ?

I understand pure POS coins rising in value because the people that want to get involved need to buy there stakes and hence pushing the price up .

But POW coins are just decreasing slowly slowly in value (after usually a short pump and dump ) because the miners need to pay their overhead ( rigs,electricity )  and put a huge pressure on the price by constantly selling .....