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> The millions per day paid to Ethereum miners will stop being paid, forever. Do you mean paid _by_ Ethereum miners? The network pays miners rewards (which wi
by iancoleman 6y ago
> The millions per day paid to Ethereum miners will stop being paid, forever.
Do you mean paid _by_ Ethereum miners?
The network pays miners rewards (which will continue under proof of stake, ie the cost _to the network_). The miners pay the cost of running their mining (eg electricity and hardware costs), which is what will be reduced by proof of stake.
Am I understanding this correctly?
- omarchowdhury 6y ago...it's both.