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Topic: What will current ETH miners mine after ETH goes full POS? - page 2. (Read 271 times)

sr. member
Activity: 1274
Merit: 263
As far as I know, it will not go full POS once it launches, no?
for the very first stage there will be a parallel POS and POW, that means miners can still mine it for a while.
afterward they might be able to mine something else like ETC that is in need of miners or other POW projects, we have quite a bit of them.
I do not think they will chose one single project, so that should not be too catastrophic for them.
full member
Activity: 495
Merit: 141
1 cent = 1 satoshi
ethereum classic
member
Activity: 889
Merit: 60
It will go to the last few minable coins, like ETC and so...
This huge hashrate can destroy any of them...

There are more then few mineable coins, some more profitable then others, but can you elaborate on how would huge hashrate destroy any of them?
member
Activity: 275
Merit: 11
It will go to the last few minable coins, like ETC and so...
This huge hashrate can destroy any of them...
member
Activity: 889
Merit: 60
Where do you think all this ETH hash power is going and why? And more importantly, what does that do to the prices of those coins?

I think that this is something we should talk about considering that ETH hashpower is ATH and we are most likely at the end of transition phase soon.

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