Why would ethtards want pos where the whales get richer? It makes no sense, it reminds me of gawtards
Better give the money to the big mining farms and pools, right?
Its really not much different.
The ones with MUCH resources will
ALWAYS be the ones to benefit.
With PoS they just buy coins.
With PoW they buy gpus.
A home miner maybe has 1-3 gpus's.
While serious miner has 100s.
Not really,
Non-commercial mining is about accumulation for events e.g. Block Halvings or Changes like going over too POS or implementation of New Features.
As long as you know there is going to be Events by the development team for a Crypto-Currency - your net Alt Coin valuation will show healthy profits or increases in valuation.
For example: With single R9 290 overclocked too 1100 MHZ, mining Ethereum from the beginning would have netted 240 plus ETH.
However, most of those 240 ETH would have been mined last year, before everyone started buying new GPUs.
Therefore, had you mined and sold last year you would have made a large loss, when compared to the price this year.
A commercial farm, has too sell a fixed %, therefore commercial farms have made much bigger losses than everybody else, when they do this comparison: on the ETH they sold last year.
This observation applies to all POW Cryptos, look at BTC sold off by commercial farms between Janurary 2015 to June 2015.
Yelp, lots of BTC commercial farm owners must be crying themselves to sleep this year!
Consequently, it is a balance system. The advantage of non-commercial miners is: accumulation when the price is an undervaluation. This advantage is reduced considerably, for commercial farm owners.
Secondly, the free mining software has been very good for a very long-time on ETH.The differential between private mining software and the free mining software has been well within an acceptable tolerance of a 10% differential.
The Ethereum Foundation has produced a much fairer outcome between the commercial farm owners and non-commercial miners.
