Staking Vs Mining - Which Is Best For Crypto Investors?
By Ansu Smriti Patel
vs
Staking is a way of earning interest on your cryptocurrency by depositing it for a fixed period of time.
Staking
Mining is the process by which new cryptocurrencies are entered into circulation.
Mining
Use of powerful and expensive hardware.
Staking vs
Mining
Arrow
No need of expensive hardware.
Uses the Proof Of Stake.
Staking vs
Mining
Arrow
Uses the Proof Of Work.
Maintenance cost is low.
Staking vs
Mining
Arrow
Maintenance cost is high.
No need of energy.
Staking vs
Mining
Arrow
It needs more energy to keep moving.
No physical space is required.
Staking vs
Mining
Arrow
Physical space is required for set up.
Trading knowledge is required.
Staking vs
Mining
Arrow
It requires some advanced technical knowledge.
For all the crypto investors if you have less money then staking is best for you.
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