6 ms·
That's not necessarily true. Some people mine with 100% solar power and their ongoing expenses are almost zero.
by chrismmay 5y ago
That's not necessarily true. Some people mine with 100% solar power and their ongoing expenses are almost zero.
- DennisP 5y agoSo, my original point was to respond to the above comment: "Proof of stake requires none other than a single purchase to be gifted the right to perpetual seignorage." My claim was that the lower ongoing expense of staking is compensated by lower rewards, so that both systems have similar profit for similar capital outlay. In setups where mining expense is almost zero, the higher rewards of mining give it much more seignorage than proof of stake.