“But… but… won’t PoS just empower the rich further?” [a debunking]

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“But… but… won’t PoS just empower the rich further?” [a debunking]

So… I've seen people raise this question over and over… So let's look at this realistically.

What do you need to make profits on PoS Ethereum:

  • A low-power server
  • A very good Internet connection
  • 32 ETH (~100,000 USD @ May, 2021)

Who it's realistically open to: well-to-do people (aka. quote-unquote "rich").

In contrast…

What do you need to make profits on PoW Ethereum?

  • Access to almost free electricity -> ie. your own power plant(s) or government subsidies
  • Access to state of the art mining ASICs -> ie. your own chip engineering and fab shop
  • Access to cheap maintenance -> ie. your own server parks

Who it's realistically open to: literal billionnaires

submitted by /u/s1gmoid
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