⚖️ Differences between crypto staking and crypto Mining
Wed Sep 14 2022
🔁 Crypto mining and staking are completely different terms though both these phenomena purpose to add more coins to the crypto portfolio
🗣 Crypto mining typically is a process where a person mines or creates new coins.
This is ideally done by solving some complex mathematical equations and sharing computational resources. In return, these users receive a small number of crypto coins as rewards for their contributions.
🗣 In the same time, crypto staking is the process where a user typically becomes a validator by staking the coins.
Which method do you prefer?