Any crypto mining is rent seeking, why would proof of stake be any different from proof of work on that? People don't mine Bitcoin blocks by hand
Discussion
*any crypto mining can be rent seeking
Really need edits on nostr
There is a distinction to be made , no? PoW is expensive and staking isn’t.
Doesn't make any sense. If you're not making a profit on mining, you make a profit on holding. If you can't make a profit on mining or holding, that's probably due to failure, not generosity
Also, Ethereum is on a weaker market value trajectory than Bitcoin, not stronger
So if you were somehow making mining a liability, it would be easier with Ethereum