2

Ethereum will eventually move to Proof-of-Stake algorithm. I guess it is a very basic question, but how the mining pools are supposed to work in that case (if at all)?

4

There may well be multisig stake pools which allow multiple parties to stake their Eth but there will not be mining pools in the sense of contributing processing power to a pool.

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3

Though mining pools will not be available, they will be replaced with stake pools where a multisig public stake pool smart contract will be used as in case of Rocket Pool where one needs to claim a stake by depositing some amount of Ether and if that block is validated. Note: Proof of stake does nothing with mining instead it is based on validation.

Thanks

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1

My understanding is that for participating in PoS, you'll have to run a full node. There won't be any pools and we will throw our 280x's away.

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  • 2
    Don't throw them away please :-) – Afr Mar 8 '16 at 8:35

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