Post
Topic
Board Bitcoin Discussion
Re: Long Live Proof-of-Work, Long Live Mining - "there is no meaningful alternative"
by
Fernandez
on 08/12/2014, 06:22:25 UTC
PoS isn't horrible but the cost to produce coins vs PoW coins is a lot less so the price for PoS coins will always be much much lower.

You can't get something for nothing forever.

There is no causal relation between the two. If prices fall miners leave and difficulty goes down, it doesn't happen the other way.