Ethereum vs bitcoin mining 2017

I'm buying rigs with with mortgage redraw, effectively borrowing from my house with my eth holdings as security. Most will not even get a ROI. Yes, mining 'right now' is great which is why we're seeing an explosion of farms.

That works via a consensus algorithm. But if you allready have a few AMD cards laying around, then you can at least mine some Ether for now. OP is not trolling, just inexperienced and not fully aware of ethereum vs bitcoin mining 2017 more likely factors that threaten our POW returns.

PoS stands for Proof Of Stake, meaning people that hold Ether can do so called staking where they deposit their coins into a "staking vault" and receive fees for confirming transactions on the network. Rapidly declining mining profits is something that HAS happened with every other crypto since the beginning and it will happen to Ether at some point Will not convert back to fiat, or at least ethereum vs bitcoin mining 2017 for a while. Because of this, mining profits in a months time will probably crash out with the diff explosion.

And that is a qualitative value rather ethereum vs bitcoin mining 2017 quantitative. This week will be a really good price because ETH will be dumped massively on the exchanges. I'm not quite sure what is the idea behind "betting" and "penalty" may be somebody could explain. As a noob, I need to hear this honestly before spending money.

If you can find a profitable alt coin that is. Maybe POS in ! ETH will inflate, but it's core value is not as a currency, but as a smart transaction platform.