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Capital is capital, be it in the form of money or hardware. Putting the onus on capital in a form of hardware is just making it harder for smaller guys. I can t
by exo762 5y ago
Capital is capital, be it in the form of money or hardware. Putting the onus on capital in a form of hardware is just making it harder for smaller guys. I can throw 32 ETH into staking. It's way beyond my capability to mine - wrong geography, electricity prices, accommodation situation etc.
- jlokier 5y agoJust a reminder that smaller guys don't have 32 ETH to spare. That's $88,603 USD. Not much for the levels.fyi crowd, but a fortune to most people. Which means, whether you can stake is very dependent on your personal situation - especially geography - much like whether you can profitably mine. Of course staking is still better than mining for many reasons. But it's a somewhat rich person's game.
- alimbada 5y agoStaking will still be accessible to those with less than 32 ETH via pooled staking, e.g. Rocket Pool: https://www.rocketpool.net/ https://www.rocketpool.net/
- deleted 5y ago[deleted]
- casi 5y agoYou can join a staking pool with as little as you have. Just like joining a mining pool with your laptop. And you can get eth with gasless minting of nfts. Draw a picture and sell it. Don’t have to spend any money. I much prefer this to burning up electricity which basically hands the network to energy suppliers and asic manufacturers.