Could Monero switch to a proof of stake model? (lemm.ee)

submitted 7 months ago by GregorTacTac@lemm.ee to c/monero@monero.town

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Proof of stake is more energy efficient.

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[-] XmrLovingAncap@monero.town 3 points 7 months ago

Fair point. The market will find a equilibrium between electricity costs and mining reward. Also compared to the current banking system miners will probably move their business mostly to locations where energy is cheap and highly available.

this post was submitted on 03 Apr 2024

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