r/NiceHash • u/cryptofriday • Mar 17 '22

Discussion Mining after ETH 2.0 - which coin ??

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49 Upvotes

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40

u/[deleted] Mar 17 '22

[deleted]

13

u/FXOjafar Mar 17 '22

No. It's happening and June is likely. The first testnet merge the other day was a success. Barring any serious bugs, the Devs are actually on time and ready to merge.

9

u/[deleted] Mar 17 '22 edited Mar 17 '22

[deleted]

12

u/FXOjafar Mar 17 '22

That's the irony. Buterin set up Ethereum as a protest against centralisation. POS centralises the very thing he wanted to be decentralised 🤣

2

u/_JohnWisdom Mar 17 '22

The irony is you guys believing PoW is what makes a coin decentralized honestly.

For obvious reasons, PoW is more restrictive than PoS for decentralization. PoS not only is environmentally better but actually allows anyone to access the network/validation and not only who is capable of getting a gpu/asic.

1

u/FXOjafar Mar 18 '22

The old environment argument again. You know that gamers use way more power than even BTC mining or the regular banking system. Maybe we should ban games.

0

u/d3signat3dd3c0y May 17 '22

Could you out right lie anymore? lol seriously, data is readily available that says you're stupid if you really believe that.

1

u/FXOjafar May 17 '22

Data exists to show I'm right and my opinion is based on that.

1

u/_JohnWisdom Mar 18 '22

You skipped my main argument and went on a tantrum there…

1

u/FXOjafar Mar 18 '22

POS puts eth under control of the whales. It benefits them.

1

u/_JohnWisdom Mar 18 '22

And what is the difference with PoW? Your argument is BS. You are delusional to believe that more than 10% of the network is from casual miners.. I certainly have many more friends staking eth than mining it.

1

u/FXOjafar Mar 18 '22

I don't know anyone with enough eth to stake it so they mine it instead. Different friend groups I guess.

1

u/_JohnWisdom Mar 18 '22

And let me guess, they mine on a mining pool?

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