Ethereum Proof of Work (POW) to Proof of Stake (POS)

Talking about the upcoming Ethereum change from Proof of Work to Proof of Stake and what that means for the future of mining.

Send tips so I can buy more batteries and make better videos, sorry about the quality of this one.


Buy anything on Amazon

Tips are appreciated. Here's my Addresses

Storj 1PtCzyShTUXwhf63nRqQuxEgLZRkjwu4SK
Bitcoin 12v4d15AuopsVzudct7J8LJMm7qH95SxA1
Ethereum 0x5B905114167C80276AD28A997f606C698547fe40
  • It's Erno

    Hi Lee and thank you for the excellent explanation. Last week o bought 7 rigs each one 6xSapphirer x580 4gb =20.000euro i overlocked tham and made bios modded and all of them are near 180MH/s. Today i watched this video and i understood what is Proof of Work (POW) andProof of Stake (POS). I started scaring after waching this video. Did i made mistake? :(

  • Brotherhood

    Do you think that with POS and thus many people stopping mining ethereum price will drop?

  • Facundo GlobalTrade

    Make no sense. On POS who puts all the neccesary computing power behind ethereum to make it work securely? You need to have coins but you also need to have computing power behind it. Its the end of descentralization.

  • ETH Network

    Where do you live with cheap power costs?

  • Saulius Adomaitis

    Is the POS happening now? because it's July already

  • Anthony Phillips

    Which ethereum wallet would be best?

  • Emiliano Qaqi

    Lee, as always very good vid. I have read a lot about POS and one thing is unclear. What would be the POS profit one will make on a locked ETH? Will it be 20% Compound interest Daily, monthly or years? Again my 20% is just an assumption but I hope it is in that range otherwise what would be the profit on leaving a PC on for long term? Try to let me know if you have a clue on how this might go down. Thanks.

Demo: Create an Ethereum Smart Contract
How Much Did I Earn In June? 115TB+ Burstcoin HardDrive Mining Rig
Bernardo David, IOHK Research, Proof-of-Stake Protocol
Coin Magi M7M PoW + PoS-II Hybrid
Building New Ethereum mining rig with MSI R9 380 graphic cards!
Introduction to Ethereum Smart Contract Development with Solidity (Part 1)
How to Create a Custom Bitcoin Vanity Address | 1BEERxdex...
Crypto 'Mining Pool' Basics & How to Avoid the Skullduggery
Crazy Fast Zcash Miner V6 For Windows (Tested on rx470 280x 7950)
Proof of Work vs Proof of Stake - EXPLAINED!
Blockchain Basics Explained - Hashes with Mining and Merkle trees
Polkadot - the internet of blockchains has arrived
© 2019 Как начать — Майнинг monero, dash на nvidia как начать заниматься майнингом? Все материалы, размещенные на сайте, взяты из открытых источников (,, и прочих общедоступных ресурсов), принадлежат их владельцам и предоставляются исключительно в ознакомительных целях.