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.