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With PoW you use your money to buy mining equipment and you will get more money, and voting power. With PoS you buy more of the currency with that money instead
by jacobr 9y ago
With PoW you use your money to buy mining equipment and you will get more money, and voting power. With PoS you buy more of the currency with that money instead.
- s73v3r_ 9y agoRight, but the rest of us also have to suffer due to the economic repercussions (or being unable to get an affordable graphics card without waiting forever)
- aianus 9y agoJust pay more for the card and you can have one whenever you want. Isn't that what HN thinks employers should "just" do with tech talent because "there is no real shortage"?
- econ_th0 9y agothe economist would say... "affordable" is a opinion. the market price is the market price, if you want one you have to pay more. you are not entitled to a good at the price you think is "fair"