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by mikeiz404 1652 days ago
Wouldn’t it be roughly equivalent for a miner to put the amount spent on overhead and recurring cost such as electricity into staking and then sell or “dump” the staking rewards assuming the % payout is the same? It seems given enough time, with all be it potentially new entities, you risk being back at where you started.

However I’m not familiar with Decred and only have a general idea of PoS.

1 comments

I imagine that the difference in profitability between PoW and PoS is arbitraged away over time. If it's a lot more profitable to PoS mine, some of the PoW miners would just switch over, which in turn makes PoW slightly more profitable for everyone still doing it.