4

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?

3
  • 1
    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

0

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Browse other questions tagged or ask your own question.