Bitcoin vs. Monero
Please tell me which one is cheaper to run?
Discussion
Huh, Monero is proof of stake now? What happened?
It was proposed but as far as I'm aware there hasn't been an implementation of Proof of Stake yet.
As far as I know Monero is still purely Proof of Work.
Does monero use computing cpu to mine or gpus or memory or what? Wouldnt hard drive space be proof of stake?
Monero is primarily CPU minable because of RandomX but you can also use GPUs to mine but it won't be as effective.
Hard drives primarily relate to node verification, monero has adaptive block size, some cryptos like Bitcoin, Bitcoin Cash, and Litecoin have fixed Block Sizes.
https://www.researchgate.net/figure/Actual-block-size-in-megabytes_fig4_346475424
Ah okay. Got it, so if the original post was being honest, it would be pitting against top of line cpu miners...but instead confusingly used hardrives which are used for bitcoin & monero nodes which has nothing to do with proof of work mining
No, I was just talking about how people always talk about Monero's "Big Fat Problem" of monero needing more hard drive space to run its blockchain when data storage has only become cheaper, and more available over time.
Whereas mining for Bitcoin is still extremely expensive but they seem to ignore that.
Being Data intensive in order to keep fees low is the better trade off in my opinion since Data storage technology will only become more efficient over time.
My assumption is operating off of both mining, and running a node.
Validation software, or mining too?
Either or, or both.
I believe Bitcoin is cheaper to run a plain node for, and will be moreso as their respective timechains grow. Monero might be easier to mine profitably if you have the right computer and a cheap energy supply. You can get something equivalent in Bitcoin mining for a steeper entry price. You have to consider a PC's other use cases versus a Bitcoin miner's other use case as a heater, too.