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RE: Bitcoin 101: Pros and Cons of Proof of Stake Mining

in #cryptocurrency8 years ago

This was a good intro to the PoS concept. Masternodes can be quite an investment depending on which crypto you choose, but I like this concept better than PoW mining because I can effectively do it on my own without being a memeber of a pool. My current favorite PoS coin is @smartcash. The crypto is resonable right now to get in and they have Smart Rewards that earn you a reward every month for every 1000 Smartcash you have in your wallet. So you can earn while building up your stake for a Smartnode which is what I’m doing now. Check them out the at SmartCash.cc and also @smartcash here on steemit. Really cool community doing some really cool stuff. Thanks for the video @heiditravels!

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