Re:Bitmain, the largest mining hardware company, made around...
by twiceaday on Friday February 23, 2018 @07:44PM
(#16450897)
PoW distributes block rewards proportionally to hash power and these proceeds can be used to buy more hash power to achieve a compounding effect. From what I understand all of the viable PoS systems offer a fixed rate of return on the stake. This is like PoW forcing everybody to use the exact same hardware; a benefit to the little guy at the expense of the large account holders.
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