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RE: Asus release of new "Mining GPUs" will only increase PoW energy costs

in #beyondbitcoin7 years ago (edited)

Proof of Work is on top. Period. It doesn't need to rise.

Also, there are simply rebadged cards without video ports, to make them a little cheaper to produce. This release of cards does nothing to increase PoW energy costs. If nothing else, it makes them a little less wasteful by not adding parts that will never be used.

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@theorginalkage it's very true, they are rebadged and cheaper to make without the displayports. What I mean with that they will increase the energy cost of PoW is the overall usage when more people join in with these cards. In my opinion PoW is a wasteful use of the processing power it requires. That's why I believe PoS/DPoS is a better solution.

Sure, PoW is currently the way most main coins are working with, but does that mean it's the best and not just because they are the first way it was done?

PoS or any other less power usage way may rise up above PoW soon, who knows? :)

I believe that PoW is a better choice for coins which need strong verification around transactions.

I would not want to commit to something worth tens of thousands of dollars or more to a Proof of Stake currency

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