You are viewing a single comment's thread from:

RE: [Day 32] - Steady in ETH Mined Rate!! - Genesis Mining Cloud Mining Review

in #chainbb-general • 7 years ago (edited)

I recommend this video that explains it very well :


In summary the Ethereum developpers are making it less and less profitable and practical to make transactions via proof of work (mining) so they can transition to proof of stake (which doesn't need mining and thus in theory is more efficient).

7 years ago in #chainbb-general by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.28
    TRX 0.21
    JST 0.039
    BTC 96063.98
    ETH 3668.51
    SBD 3.84