Eth shills, where'd u go?

he is retarded eth requires mining same as any crpyto. basically mining is running the apps in a vm and providing proof of completed work.

Do your own research in to proof of stake vs proof of work.

Im not here to spoonfeed cunts

Yes, thats bitcoin, we're talking about ethereum

Nope that isnt what mining is. You're yet again proving you dont know what the fuck you're on about

I've been following bitcoin since before Asic mining was a thing. One thing I noticed is as soon as the first butterfly miner was announced they would delay deliveries of what you ordered so that by the time you got a hold of it, it wouldnt be viable anymore. They did this for every miner until they finally just said fuck it and sold hash's and kept all the hardware they made. It has been shady since asic became a thing. I wouldnt put it past the Chinese to just bail as soon as it wasnt worth the money. Its like a computer aided ponzy scheme and probably why it has lasted longer than most.

>Ether is mined by proof-of-work
what are you on about?

Are you quoting me?

yes, ethereum is mined by proof of work currently, but on the next release it will be Proof of stake.

There are no large ether mining operations like there is for btc because the algo is asic proof. Most of the mining is done at home by enthusiasts

>but on the next release it will be Proof of stake
sorry i never take these things seriously until they actually get released.
we had hundreds of proposals and plans and whatnot in the crpyto sphere over the past ten years and hardly anything came of it.

i will only revise my opinion if i see it work.

its not asic proof. bitcoin sever farms are already mining it.

>like you're even paying attention you nocoinz pleb