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Author Topic: Proof of stake is more popular.  (Read 430 times)
steveabrahams
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April 17, 2019, 03:40:55 AM
 #41

I can say yes, proof of stake is more popular because you don't need to buy mining rigs/mining tools. Also you don't need to calculate the profit of mining. On the other hand, you only need to stake the coins for POS and you get profit from staking the coins. No need to buy tools or mining rigs.
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April 17, 2019, 11:27:06 AM
 #42

I think people are trying to search for the profit from POS. The proof of stake is easy to do and don't need too many things to start. You can run masternodes, or you can try to join with the shared nodes. And if you have the limit budget, then I suggest trying with the shared nodes so you can start to earn some rewards.

The pool that I know it could be used for staking is:
Stake-cube.net
Btcpop.co

Or you try to visit https://masternodes.online/ to find out more about masternodes. You can also search for the other coin that could be a POS  and where they can be staking.

And if you want to start your own masternodes, it will need a big cost to start because you need to have VPS which can online 24 hours and 7 days, so you don't miss any rewards.

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Adriano2010
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April 17, 2019, 12:35:46 PM
 #43

Indeed proof of stake is a good option for people who not afford to buy mining equipment or where the mining is not profitable because of the cost of electricity. But not always the coin that are only PoS can maintain a price and more and more time the price of this coins drop and people can lose money.
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April 17, 2019, 03:18:23 PM
 #44

This kind of protocol mechanism really has real positive indicators, because there is a demand that is needed today. I hope that everything will work out and you still select POS as a permanent protocol.
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May 05, 2019, 12:26:50 PM
 #45

Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
rijaljun
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May 05, 2019, 12:44:57 PM
 #46

Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
It's popular just because it's too hard for people to find a profitable Proof-of-Work coins. Most of POS coins are also affordable to start and even the profit isn't really huge yet but it has high potential to grow anyway.

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valek.bruno
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May 05, 2019, 01:48:26 PM
 #47

POS is the most proven option for the entire cryptocurrency system, this is my opinion on this matter. Therefore, I think that there are big and successful situations in relation to the work as a whole. I think that many projects will switch to this algorithm.
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