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Topic: Ethereum end of POW phase estimation - page 2. (Read 4505 times)

legendary
Activity: 3808
Merit: 1723
March 25, 2017, 06:44:06 AM
#7
I don't know why eth have to switch to PoS , does anyone know the answer , is it something technical or it's just the dev. want to switch it , i can't understand this point

Because PoW is a waste of electricity.

which no one minds as per the current ROI rates for the rx480s i own..

Its not about ROI rates. Its about wasting electricity which causes pollution.
legendary
Activity: 1726
Merit: 1018
March 25, 2017, 06:36:20 AM
#6
I don't know why eth have to switch to PoS , does anyone know the answer , is it something technical or it's just the dev. want to switch it , i can't understand this point

Because PoW is a waste of electricity.

which no one minds as per the current ROI rates for the rx480s i own..

It's better for the world and the environment.  But also, if the value remains high, and there is no reason to suspect it would crash very low, then sooner or later ASIC's will come along.  And ASIC's would probably mean consolidation of mining power in China.  I'm not knocking China, but consolidation in a single region or country is not a good thing for any cryptocurrency and certainly isn't helping BTC at all.  POS should also mean an increase in ETH value if DASH is any indication.  The incentive to hold lowers the supply on the market.  Now is a good time to start hording ETH.  I sure am.
hero member
Activity: 803
Merit: 501
March 25, 2017, 06:11:28 AM
#5
I don't know why eth have to switch to PoS , does anyone know the answer , is it something technical or it's just the dev. want to switch it , i can't understand this point

Because PoW is a waste of electricity.

which no one minds as per the current ROI rates for the rx480s i own..
legendary
Activity: 3808
Merit: 1723
March 25, 2017, 05:31:58 AM
#4
I don't know why eth have to switch to PoS , does anyone know the answer , is it something technical or it's just the dev. want to switch it , i can't understand this point

Because PoW is a waste of electricity.
sr. member
Activity: 661
Merit: 258
March 25, 2017, 04:27:17 AM
#3
I don't know why eth have to switch to PoS , does anyone know the answer , is it something technical or it's just the dev. want to switch it , i can't understand this point
hero member
Activity: 952
Merit: 508
March 24, 2017, 07:31:01 PM
#2
When is Ethereum supposed to move out of POW phase? 2017 or later?

Will there be a hybrid POW/POS middle stage or straight to POS?

Rumors are all over the place... Suggest you check out the Altcoin Speculation Sub-Forum
legendary
Activity: 1148
Merit: 1000
March 24, 2017, 06:34:50 PM
#1
When is Ethereum supposed to move out of POW phase? 2017 or later?

Will there be a hybrid POW/POS middle stage or straight to POS?
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