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#188 – Vitalik Buterin: Ethereum 2.0
Lex Fridman Podcast
Proof of Stake Mining - It's Not Just About Energy
Proof of Stake mining is much less resource intensive than Proof of Work. It doesn't require as much electricity, and it can be run on computers that already have a hard disk. This means you don't need to pay people as much to participate in the consensus process. The current supply of Ether is about 115 million but we expect there will be 500,000-1 million per year.
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