A MINING ALTERNATIVE FOR THOSE THAT LACK HASH-POWER.

A MINING ALTERNATIVE FOR THOSE THAT LACK HASH-POWER.

By Wolf2015 | My Crypto Info | 2 Jun 2021


We all know that some computers lack a real ability to get the necessary hash-power to reap good. Did you know there is another alternative way, that mines a different way? I am referring to Proof-Of-Stake (POS).

 

Proof-Of-Stake

 

Proof-Of-Stake is a very similar way to mining. There is only one major difference. The amount of return is not governed by the amount of Hash-Power you are providing. What the return is based on is the amount of coins, (Not DOLLARS) you are holding in your wallet.

 

This method is gaining dividends by actually having your wallet remain open and be a node as part of the coin’s Block Chain. The amount of coins you are holding are the actual weight your wallet is holding. The entire system is setup just like mining, but the reward is governed by the amount of coins in the wallet.

 

The Advantages

 

The Advantages to this is you do not have to push out massive hash-power to earn your rewards. You still have to have your computer on and leave your wallet opened, but you are actually using a lot less resources to achieve the same results.

 

 

Even one of the original Proof-Of-Stake Coins, Potcoin, is now going through a change. Not only will there be a new wallet, but a debit card attached. As you can see the revolution of change of becoming your own bank now has an endless of possibilities in the future.

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In conclusion, if your computer is old, or just does not have enough threads to mine, you may consider this alternative and research the best Proof-Of-Stake coin that works best for you.

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Wolf2015
Wolf2015

Author, Veteran, Journalist, Investigator, Patriot. Determined to staying Curious as My teacher, who passed, always told me to do. Believe no one, Listen to everyone, but only trust what you yourself can verify with your own research. Never believe anyone


My Crypto Info
My Crypto Info

Education of cryptocurrency from a person who actually lives off of mining and how to understand the many ways you can earn. Must research all for yourself, because results can vary depending on your miner and internet connection

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