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[ANN] ⚡⚡⚡ CSPro Chain ⚡⚡⚡ Feel empowered!

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11 hours ago, prorok1337 said:

In such case nobody will move to the PoS mining 🙂

All old coins will continue to use PoW mining.

Well, as you can see, this is what happens .... if the popular cryptocurrency is PoW, so it remains ... I am more than sure that this is just a common benefit for large companies, and we all know that it is they who run the world!


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16 hours ago, Yuzhny said:

Well, as you can see, this is what happens .... if the popular cryptocurrency is PoW, so it remains ... I am more than sure that this is just a common benefit for large companies, and we all know that it is they who run the world!

Bitcoin and Ethereum use PoW. Bitcoin mining requires much more electricity than Ethereum mining because everybody wants to mine Bitcoin. Other mining does not require so much electricity because other coins are not so popular like Bitcoin or Ethereum.

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3 hours ago, prorok1337 said:

Bitcoin and Ethereum use PoW. Bitcoin mining requires much more electricity than Ethereum mining because everybody wants to mine Bitcoin. Other mining does not require so much electricity because other coins are not so popular like Bitcoin or Ethereum.

But all the same, the equipment on which the mining takes place is very expensive. One good graphics card costs around $ 1,000 or more. And there are dozens of such cards to earn something tangible.


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25 minutes ago, Yuzhny said:

But all the same, the equipment on which the mining takes place is very expensive. One good graphics card costs around $ 1,000 or more. And there are dozens of such cards to earn something tangible.

A lot of people earn money from mining. It is very profitable industry. It allows to make money from electricity 🙂

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29 minutes ago, coinyspace said:

A lot of people earn money from mining. It is very profitable industry. It allows to make money from electricity 🙂

Very often miners steal electricity to earn more money on mining. 

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1 час назад, prorok1337 said:

Very often miners steal electricity to earn more money on mining. 

Because many miners in China stolen electricity it was banned in China.

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1 hour ago, coinyspace said:

Because many miners in China stolen electricity it was banned in China.

Mining equipment costs so much money because a lot of people want to buy such equipment and it is in demand 😉

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