Are you staking or mining, or both?

[UstadSoleh]

Mining will be more yielding than risking. I agree when many projects fail and risking will only be a waste of time.

However, I have difficulty in mining. So I prefer to directly make trades every day. Risking still I do because with a project like IEO now, I'm sure that can make a profit.

[Raymzopai]

I actually do not like mining as it requires enough capital and electricity to run one but i mine through third parties and earn little profits

[kaneki007]

For the time being, i have a stake in some altcoins that can provide me with profit, because mining requires a significant amount of money. In the future if bitcoin to the moon and i have money, i will do mining activities to get more profit

[Furryball]

PoW (Proof of Work)

PoS (Proof of Stake)

The most popular consensus mechanisms.

Proof of Stake protocols are gaining traction.  

What about you, personally?

Are you mining, are you staking, or are you doing both? And why?

Join the r/staking subreddit:

https://www.reddit.com/r/staking

POS is gaining the heart of most old altcoins as they are leaving POW behind and switching to POS, Ethereum is warming up for its POS implementation too i guess many are tired of mining, i prefer POS because its easy to start earning rewards without worries of electricity fees

[Doranile432]

PoW (Proof of Work)

PoS (Proof of Stake)

The most popular consensus mechanisms.

Proof of Stake protocols are gaining traction.  

What about you, personally?

Are you mining, are you staking, or are you doing both? And why?

Join the r/staking subreddit:

https://www.reddit.com/r/staking

Prove of stake coins are better and easier than prove of work coins in few areas like troubleshooting rigs, cost of electricity and space that mining rigs contains, with POS all you need is your wallet and internet connection but Prove of work has few advantages as well

[poodle63]

Definitely Proof of Stake, it is easy to use. It significantly reduces energy consumption and does not require such high computing power, gradually all cryptocurrencies will switch to an undeveloped model.

it's easy to be used and it doesn't need a lot of maintenance cost but it offers more risks compared with mining consider about your money totally depends on the price of the token itself. Im doing staking and mining right now and it looks like for me mining gives more guarantee rather than staking. staking is a very good thing when you are having a lot of money and it's too difficult to move into another crypto.
In this case, even mining needs a lot of maintenance costs but it looks safer.