what is the difference between staking and mining???

[akirasendo17]

For my understanding the difference between the to is that in physical , mining needs hardware while staking tou need a wallet that will sync with the server, if you see there is also some simillarity, but different result, in mining you gain part of the token for lending your machine without any token unlike staking that youll need a certain amount just ro stake, at the same time its a risky investment since in my experience every staking coin vanish

[ardentvolcanoes]

For my understanding the difference between the to is that in physical , mining needs hardware while staking tou need a wallet that will sync with the server, if you see there is also some simillarity, but different result, in mining you gain part of the token for lending your machine without any token unlike staking that youll need a certain amount just ro stake, at the same time its a risky investment since in my experience every staking coin vanish

Simple explanation like this can bring good hints to anyone who's seeking for much easy to understand information. Both have their own risk as you don't know the next value of the coin you are working with, But if you have plenty of time to review everything then it's easy for you to analyze and to choose which particular place to invest your money.

[Zeke_23]

Let's be specific

Mining - by using a mining tool, you will earn by mining blocks, without needing to invest you can earn daily.

Staking - by investing, for example to a certain coin which is staking is applicable, it will take days up to months before receiving your earnings.

[Mandoy]

There is something wrong with your question. I guess you should change it to "what are the 2 kinds of mining a cryptocurrency and its differences?" The two kinds of mining activity are 1. proof-of-stake and 2. proof-of-work. Proof-of-stake according to  refers to  the mining activity that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more Bitcoin or altcoin owned by a miner, the more mining power he or she has.Proof-of-work is a mining activity wherein the probability of mining a block depends on the work done by the miner.

In short the difference between POS and POW lies on how it validate block transactions. POS relies on your stake coins or the balance you hold being placed at stake and POW lies on the capacity of your hardware to find a block.

[sapnu]

is there any difference, are they one and the same?

There are big differences between those two. In my own opinion, I think staking is where you are joining on some bounty campaigns and that is where you can get stakes because you are joining there to support the project and then they will give you some incentives by staking but in reality that is money you could get. While in mining you have to get some high specs of videocard for you to be able to get higher amount of money. I tried mining before but I am paying too much for the current and the money I earn is not enough.

[Darooghe]

Staking is another word for minting, and minting is also part of mining, when a new block is hashed for the first time in the Bitcoin network it triggers a minting of new coins. Minting only refers to new coins coming into existence. the way coins are minted in this protocol does not require mining, rather staking.

The basic difference is that one requires Proof of Work, which is mining. and the other Proof of Stake which is the staking. both are different means to the same end, securing the block-chain and distributing newly minted tokens in a decentralized way.