Which Is Better Mining Vs. Staking?

By Ansu Smriti Patel

Mining is the process by which new cryptocurrencies are entered into circulation.

Mining

Staking is the way through which it allows participants to earn rewards on their holdings.

Staking

Use powerful and expensive hardware.

Mining       vs

Staking

No need of expensive hardware.

Arrow

It's capacity depends on the power.

Mining       vs

Staking

It's capacity depends on the stake in the network.

Arrow

It uses lots of energy to keep moving.

Mining       vs

Staking

No need of energy.

Arrow

In mining heavy investment is required.

Mining       vs

Staking

Staking is easy to start & no investment is needed.

Arrow

Physical space is required to set up the mining. 

Mining       vs

Staking

No physical space is required to set up the staking. 

Arrow

It requires some advanced technical knowledge.

Mining       vs

Staking

Simple trading knowledge is  required.

Arrow

I think if you have less money then staking is good for you.And always remember that whereever you invest your money you have a proper knowledge about that.