Post
Topic
Board Altcoin Discussion
Re: Are you staking or mining, or both?
by
Mighty_crypt
on 05/09/2019, 15:37:56 UTC
PoW (Proof of Work)

PoS (Proof of Stake)

The most popular consensus mechanisms.

Proof of Stake protocols are gaining traction.  

What about you, personally?

Are you mining, are you staking, or are you doing both? And why?
Actually i am into both POW and POS coins but they both have one advantage over the other,for example i have seen many projects that are still alive today all because of Prove of Work,these coins are profitable when mining and this is what keeps them alive,they have no real use cases, its almost the same for POS coins as well. So this is why i am not surprised that ETH want to start using POS as well,if its profitable enough many ETH haters will have no choice but to embrace ETH