What will actually happen when they move to Proof of Stake ? If I want to start mining with 8-10 rigs now would it be profitable if they move to Proof of State or POA ? In short...will I make money after that or should I move to other crypto currency ? Thanks

I am providing a link to another user who started a similar question: Are miners eliminated in Proof of Authority?

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    I think this probably answers your questions (or the questions it's dupe'd to... ). Any help? ethereum.stackexchange.com/questions/6102/… Apr 10, 2017 at 20:28
  • I am a bit confused since I read that PoS won't happen and Ethereum will migrate to PoA. Yesterday I read that they are almost complete with phase one of PoS. However why would I want to give them my ...let's say 100...1000 or whatever coins of Ethereum when they will be blocked from accessing in some amount of time. If I start mining now, do I have to throw away my rigs after PoS has started. Yes,I know I can mine other currencies, but simply said, will I make money mining after PoS ? Does anyone have a simple answer ? Apr 14, 2017 at 9:29
  • Ethereum isn't migrating to PoA. There are PoA testnets, but the mainnet will never be PoA.
    – natewelch_
    Oct 16, 2019 at 16:00


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