On: A Bitcoin miner in every hand

[DennisP]

Ethereum isn't using proof-of-stake quite yet, that's planned for a later version in a year or so. They're starting out with a proof-of-work algorithm that's designed to be ASIC-resistant. (It's heavy on memory bandwidth, which is already optimized in GPUs.)

Not that this makes any difference to your point, of course.

[woah → DennisP]

Are you sure?

[DennisP → woah]

Yes. Here's the forum on ethereum mining: https://forum.ethereum.org/categories/mining

And a blog entry from half a year ago that describes their plans: https://blog.ethereum.org/2014/12/17/ethereum-dξv/

[daggerhashimoto → DennisP]

dagger hashimoto