Row 10051

Row ID: 10051 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 10051 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

In proof of stake, those that hold the token have the power. It’s a relatively passive endeavor. Only requirement to being an independent validator is having a lot of money and some basic tech skills.

In Bitcoin, those willing to do the work have the power. It requires ongoing maintanence, supervision, and a ton of electrical inputs. If you have any way of getting cheap electricity, even if it’s only a little bit, you can buy an ASIC plug it in and let it rip. A solid ASIC costs <$1,000 now. Of course dedicating your hash rate to a mining pool can be centralizing, but you can also solo mine for this low cost.

Which do you choose?

FieldValue
text In proof of stake, those that hold the token have the power. It’s a relatively passive endeavor. Only requirement to being an independent validator is having a lot of money and some basic tech skills. In Bitcoin, those willing to do the work have the power. It requires ongoing maintanence, supervision, and a ton of electrical inputs. If you have any way of getting cheap electricity, even if it’s only a little bit, you can buy an ASIC plug it in and let it rip. A solid ASIC costs <$1,000 now. O…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw1VXhKQnVmT1o0TEZCTGdnZmNpRWdKMk5ZOGdRWXEyQWJPd1prVF9ULU9Tbkt6ekFyMDFUZjFXQV9ndldGWGpXMEJtdjZabXk2TXhNWlNSTDJBWmpTQWc9PQ==
url_encoded Z0FBQUFBQm5Lak9JU2dTaTlNUXllQk5SN3Q0b2s4Y3BrRFRQOHhGYUVtNjRZSjk0azBPaTdueFFNNWdVSFRHby1VRXdjd3lXYXBYQ1A4ZUFWNlpJWldKTVU5d3RhaTFKQVIzRmo0RTZXTHNHZVRJV3JZUVBQMzc2d2l2OUY1MERPUzR2UkxRZW8wZW40bnBodER6U0pIdlphUERtMDNEbEJoYTNPTk9yaEdIWE1GVGdMRUlOZlNGWS1sM3FTVHNBWkJ5bm44NjJxaUxJNVBlb29KWm5uRE5FQmo0ZVdxRTlLeXZsODlpMUhod2xnaTRzd3l0XzVDUT0=

Raw Record

{
  "text": "In proof of stake, those that hold the token have the power. It’s a relatively passive endeavor. Only requirement to being an independent validator is having a lot of money and some basic tech skills. \n\nIn Bitcoin, those willing to do the work have the power. It requires ongoing maintanence, supervision, and a ton of electrical inputs. If you have any way of getting cheap electricity, even if it’s only a little bit, you can buy an ASIC plug it in and let it rip. A solid ASIC costs <$1,000 now. Of course dedicating your hash rate to a mining pool can be centralizing, but you can also solo mine for this low cost. \n\nWhich do you choose?",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1VXhKQnVmT1o0TEZCTGdnZmNpRWdKMk5ZOGdRWXEyQWJPd1prVF9ULU9Tbkt6ekFyMDFUZjFXQV9ndldGWGpXMEJtdjZabXk2TXhNWlNSTDJBWmpTQWc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9JU2dTaTlNUXllQk5SN3Q0b2s4Y3BrRFRQOHhGYUVtNjRZSjk0azBPaTdueFFNNWdVSFRHby1VRXdjd3lXYXBYQ1A4ZUFWNlpJWldKTVU5d3RhaTFKQVIzRmo0RTZXTHNHZVRJV3JZUVBQMzc2d2l2OUY1MERPUzR2UkxRZW8wZW40bnBodER6U0pIdlphUERtMDNEbEJoYTNPTk9yaEdIWE1GVGdMRUlOZlNGWS1sM3FTVHNBWkJ5bm44NjJxaUxJNVBlb29KWm5uRE5FQmo0ZVdxRTlLeXZsODlpMUhod2xnaTRzd3l0XzVDUT0="
}
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