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93 sats \ 1 reply \ @l0k18 25 Apr 2023 \ on: PoW... is it so different from PoS? bitcoin
"power" actually means tons of electronics and access to energy to run them and a good internet connection. Physical security. Mining hasn't been profitable for the last 6 months and lots of miners shut and liquidated and stuff.
Meanwhile, staking takes about 5 seconds, just signing a transaction.
And likewise, taking the whole network down, 5 seconds.
Taking the bitcoin network down. Still trying and there's more enemies now than there ever has been.
Excellent point 👍👍👍
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