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A comment on The future of cryptocurrency is at stake in Ethereum’s switch. Parent comment
With POW you need to make a sizeable investment, and hope you'll get a good return eventually.
With POS you can keep your money and do it almost for free (as long as you run a node, not that big of a deal).
So exchanges will completely dominate staking, but they likely not even touch POW mining.
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With POW you need to make a sizeable investment, and hope you'll get a good return eventually.
With POS you can keep your money and do it almost for free (as long as you run a node, not that big of a deal).
So exchanges will completely dominate staking, but they likely not even touch POW mining.