How Blockchains Work: The Blockchain Trilemma Explained.
The Milk Road Show
00:00
Proof of Stake and Proof of Work for Bit Coin Mining
Proof of stake allows for faster settlements to occur. The mining industry, for bit coina, theorium, is industrialized. It costs a sigsignificant amount to be a profitable miner in terms of mining equipment and energy cost. However, thanks to proof of stake, you will only need 32 eth, which equals about 64 thousand at the time of this writing.
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