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You could say the same thing regarding PoW - the rich can afford more ASICs which allows them to mine BTC faster and in turn buy more ASICs and so on. The diffe
by tuesdayrain 9y ago
You could say the same thing regarding PoW - the rich can afford more ASICs which allows them to mine BTC faster and in turn buy more ASICs and so on. The difference is that with PoS, anyone will be able to stake profitably with a staking pool. Small players will lose money in a mining pool due to electricity costs.