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Proof-of-Work, Explained
#1
Simple explanation of PoW:

https://cointelegraph.com/explained/proo...-explained
Cardano is the most promising 3 gen. crypto right now.


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#2
Thanks for the share Carsten.

Here is an interesting prediction I just thought of.

When the Ethereum network moves from proof of work to proof of stake, there will be a huge amount of gpu computational power available to go into other period of work coins.

This will result in many Gpu POW coins becoming more difficult to mine. Many of those affected will increase in price as a result.
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#3
Others say that Ethereum will rise further in price because of upcoming PoS.

Yes, the Eth miner hardware (GPU) will be used to mine other coins. That means the difficulty goes up and therefore it's less profitable to mine UNLESS the price goes up. Yes that could happen.
Cardano is the most promising 3 gen. crypto right now.


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